GARP vs WINN: Differences, Returns & Fees

GARP and WINN hold 42% of their weight in the same names, and GARP returned +22.3% over the year. Net assets on Oct 20, 2026: $3.6bn for iShares MSCI USA Quality GARP ETF and $1.2bn for Harbor Long-Term Growers ETF.

Ask IQ about this page

Ask IQ about GARP and WINN

Answers cite the figures on this page.

GARP costs 0.42 points a year less; their one-year returns differ by 14.1 points; GARP is 2.9 times larger.

GARP vs WINN: Differences, Returns & Fees
GARPWINN
Expense ratio0.15%0.57%
Net assets$3.6bn$1.2bn
Total return, 1 year+22.3%+8.2%
What it tracksMSCI USA Quality GARP Select IndexNo index, actively managed
Holdings in common42%
Top ten holdings, share of the fund44.0%57.6%
Below its high6.7%, high on Oct 6, 20263.7%, high on Oct 6, 2026

Holdings in common uses holdings dated Jul 31, 2026 and Oct 19, 2026.

+22.3%
GARP total return, 1 year
+8.2%
WINN total return, 1 year
0.15%
GARP expense ratio
0.57%
WINN expense ratio

Get GARP and WINN fund flows by email, every Monday.

Plus the Friday ETF note. Confirm from the link that arrives, and unsubscribe in one click. See Privacy.

Client brief · page 1 of 2Report BR-267E4CBB24

GARP and WINN are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. GARP follows MSCI USA Quality GARP Select Index and WINN follows No index, actively managed.
  2. Holdings in common. 42% of the weight is in the same securities (holdings dated Oct 19, 2026 and Jul 31, 2026).
  3. One-year total return. Over 1 year to Oct 20, 2026 GARP returned +22.3% and WINN +8.2% with distributions reinvested, a gap of 14.1 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

Take this comparison to a client

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.

What they hold in common

By the books each fund has filed, GARP and WINN hold 42% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 19, 2026.

half

42% in common

Positions both hold, largest shared weight first
Holding GARP WINN
MICROSOFT 5.61% 5.97%
APPLE 5.51% 7.43%
NVIDIA 5.08% 10.78%
META PLATFORMS CLASS A 5.29% 3.18%
ALPHABET CLASS A 2.37% 8.61%
AMAZON.COM INC 2.17% 5.56%
ADVANCED MICRO DEVICES 1.90% 2.57%
ELI LILLY 1.70% 4.16%
BROADCOM INC 1.64% 6.33%
AMPHENOL CORP CLASS A 1.28% 1.36%
ARISTA NETWORKS 1.27% 1.00%
VISA CLASS A 5.07% 0.99%
Only in GARP
CATERPILLAR INC 3.30%
ALPHABET CLASS C 2.24%
ADOBE INC 2.13%
APPLIED MATERIAL INC 2.13%
INTEL CORPORATION 1.75%
ROYAL CARIBBEAN GROUP 1.72%
FORTINET 1.62%
WESTERN DIGITAL CORP 1.58%
Only in WINN
Tesla Inc 2.14%
General Electric Co 1.84%
Boeing Co 1.61%
Walmart Inc 1.01%
Spotify Technology SA 0.98%
Analog Devices Inc 0.90%
Danaher Corp 0.81%
TJX Cos Inc 0.81%

Check overlap with more funds →

On the same fields

GARP
iShares MSCI USA Quality GARP ETF
WINN
Harbor Long-Term Growers ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI USA Quality GARP Actively managed
Total return, 1 year +22.3% +8.2%
Its benchmark over the same days +15.4% (PBUS) not measured
Gap to its benchmark +6.9 pts vs PBUS not measured
Expense ratio 0.15% 0.57%
Already in the S&P 500 94.4% 91.7%
Holdings 131 74
Net assets $3.6bn $1.2bn

GARP and WINN on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 20, 2026 it returned +22.3% with distributions reinvested, against +15.4% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 19, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 44.0%. It sat 6.7% below its high of Oct 6, 2026 on Oct 20, 2026.

About WINN

WINN is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +8.2% with distributions reinvested. The prospectus expense ratio is 0.57% a year. By its holdings filed for Jul 31, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 74 positions, with the top ten at 57.6%. It sat 3.7% below its high of Oct 6, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, GARP or WINN?
In the year to Oct 20, 2026, with distributions reinvested, GARP returned +22.3% and WINN +8.2%.
Which is cheaper, GARP or WINN?
GARP is cheaper, by 0.42 percentage points a year. That is about $42 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GARP and WINN overlap with the S&P 500?
By their latest filed holdings, 94% of GARP and 92% of WINN by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, GARP against WINN, data as of Oct 20, 2026. https://etfiq.com/compare/any/garp-vs-winn

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.