GSEW vs QUAL: Differences, Returns & Fees

GSEW and QUAL hold 19% of their weight in the same names, and QUAL returned +17.1% over the year. Net assets: $2.1bn on Oct 8, 2026 for Goldman Sachs Equal Weight U.S. Large Cap Equity ETF, and $49.0bn on Oct 9, 2026 for iShares MSCI USA Quality Factor ETF.

GSEW costs 0.06 points a year less; their one-year returns differ by 3.2 points; QUAL is far larger, $48.8bn against $2.1bn.

GSEW vs QUAL: Differences, Returns & Fees
GSEWQUAL
Expense ratio0.09%0.15%
Net assets, as of Oct 8, 2026$2.1bn$48.8bn
Total return, 1 year+13.9%+17.1%
What it tracksSolactive US Large Cap Equal Weight Index (GTR)MSCI USA Sector Neutral Quality Index ?
Holdings in common19%
Top ten holdings, share of the fund3.3%45.7%
Below its high3.3%, high on Aug 14, 2026

Holdings in common uses holdings dated May 31, 2026 and Oct 9, 2026.

+13.9%
GSEW total return, 1 year
+17.1%
QUAL total return, 1 year
0.09%
GSEW expense ratio
0.15%
QUAL expense ratio

What they hold in common

By the books each fund has filed, GSEW and QUAL hold 19% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Oct 9, 2026.

half

19% in common

Positions both hold, largest shared weight first
Holding GSEW QUAL
FORTINET INC 0.30% 1.35%
NETAPP INC 0.31% 0.30%
APPLOVIN CORP 0.26% 0.51%
ARISTA NETWORKS INC 0.22% 1.61%
OLD DOMINION FREIGHT LINE INC 0.22% 0.25%
ELI LILLY & COMPANY 0.22% 3.65%
MICROSOFT CORP 0.21% 8.01%
APPLE INC 0.21% 7.03%
LAM RESEARCH CORP 0.21% 3.69%
WILLIAMS SONOMA INC 0.21% 0.71%
AUTOMATIC DATA PROCESSING INC 0.21% 1.16%
CADENCE DESIGN SYSTEMS INC 0.21% 0.57%
Only in GSEW
SNOWFLAKE INC 0.36%
DELL TECHNOLOGIES INC 0.35%
ROCKET LAB CORP 0.34%
DATADOG INC 0.34%
ASTERA LABS INC 0.33%
AST SPACEMOBILE INC 0.32%
CROWDSTRIKE HOLDINGS INC 0.31%
PALO ALTO NETWORKS INC 0.30%
Only in QUAL
ALPHABET CLASS C 1.54%
BEST BUY 0.34%
DECKERS OUTDOOR 0.28%
VIVMARK RESIDENTIAL 0.27%
F5 0.17%
MCCORMICK & CO NON-VOTING 0.02%
S&P500 EMINI DEC 26 0.00%

Check overlap with more funds →

On the same fields

GSEW
Goldman Sachs Equal Weight U.S. Large Cap Equity ETF
QUAL
iShares MSCI USA Quality Factor ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks the MSCI USA Quality Factor
Total return, 1 year +13.9% +17.1%
Expense ratio 0.09% 0.15%
Already in the S&P 500 83.8% 97.2%
Holdings 499 119
Net assets, GSEW as of Oct 8, 2026 and QUAL as of Oct 9, 2026 $2.1bn $49.0bn

GSEW and QUAL on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About GSEW

GSEW tracks an index. Over the year to Oct 9, 2026 it returned +13.9% with distributions reinvested. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 499 positions, with the top ten at 3.3%. It sat 3.3% below its high of Aug 14, 2026 on Oct 9, 2026.

About QUAL

QUAL tracks the MSCI USA Quality Factor. Over the year to Oct 9, 2026 it returned +17.1% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 9, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 119 positions, with the top ten at 45.7%.

Questions people ask

Which returned more over the last year, GSEW or QUAL?
In the year to Oct 9, 2026, with distributions reinvested, GSEW returned +13.9% and QUAL +17.1%.
Which is cheaper, GSEW or QUAL?
GSEW is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GSEW and QUAL overlap with the S&P 500?
By their latest filed holdings, 84% of GSEW and 97% of QUAL by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, GSEW against QUAL, data as of Oct 9, 2026. https://etfiq.com/compare/any/gsew-vs-qual

Open data

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