GUSA vs QUAL: Differences, Returns & Fees

GUSA and QUAL hold 41% of their weight in the same names, and QUAL returned +20.3% over the year. Net assets: $2.5bn on Oct 9, 2026 for Goldman Sachs MarketBeta U.S. 1000 Equity ETF, and $49.2bn on Oct 12, 2026 for iShares MSCI USA Quality Factor ETF.

GUSA costs 0.05 points a year less; their one-year returns differ by 0.6 points; QUAL is far larger, $49.0bn against $2.5bn.

GUSA vs QUAL: Differences, Returns & Fees
GUSAQUAL
Expense ratio0.10%0.15%
Net assets, as of Oct 9, 2026$2.5bn$49.0bn
Total return, 1 year+19.7%+20.3%
What it tracksSolactive GBS United States 1000 IndexMSCI USA Sector Neutral Quality Index ?
Holdings in common41%
Top ten holdings, share of the fund36.1%45.7%

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

+19.7%
GUSA total return, 1 year
+20.3%
QUAL total return, 1 year
0.10%
GUSA expense ratio
0.15%
QUAL expense ratio

What they hold in common

By the books each fund has filed, GUSA and QUAL hold 41% 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

41% in common

Positions both hold, largest shared weight first
Holding GUSA QUAL
NVIDIA CORP 7.00% 6.49%
APPLE INC 6.34% 7.03%
MICROSOFT CORP 4.69% 8.01%
ALPHABET INC 3.14% 1.97%
META PLATFORMS INC 1.97% 4.62%
ALPHABET INC 2.71% 1.54%
ELI LILLY & COMPANY 1.33% 3.65%
BERKSHIRE HATHAWAY INC 0.93% 1.81%
EXXON MOBIL CORP 0.86% 2.31%
VISA INC 0.78% 3.24%
JOHNSON & JOHNSON 0.77% 2.04%
WALMART INC 0.71% 0.96%
Only in GUSA
AMAZON.COM INC 3.69%
BROADCOM INC 2.95%
TESLA INC 2.07%
MICRON TECHNOLOGY INC 1.55%
ADVANCED MICRO DEVICES INC 1.19%
JP MORGAN CHASE & COMPANY 1.14%
INTEL CORP 0.72%
CISCO SYSTEMS INC 0.68%
Only in QUAL
VIVMARK RESIDENTIAL 0.27%
S&P500 EMINI DEC 26 0.00%

Check overlap with more funds →

On the same fields

GUSA
Goldman Sachs MarketBeta U.S. 1000 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 +19.7% +20.3%
Expense ratio 0.10% 0.15%
Already in the S&P 500 91.7% 97.2%
Holdings 1011 119
Net assets, GUSA as of Oct 9, 2026 and QUAL as of Oct 12, 2026 $2.5bn $49.2bn

GUSA and QUAL on the fields both publish, as of Oct 12, 2026. Source: ETFIQ.

About GUSA

GUSA tracks an index. Over the year to Oct 12, 2026 it returned +19.7% with distributions reinvested. The prospectus expense ratio is 0.10% a year. By its holdings filed for May 31, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,011 positions, with the top ten at 36.1%.

About QUAL

QUAL tracks the MSCI USA Quality Factor. Over the year to Oct 12, 2026 it returned +20.3% 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, GUSA or QUAL?
In the year to Oct 12, 2026, with distributions reinvested, GUSA returned +19.7% and QUAL +20.3%.
Which is cheaper, GUSA or QUAL?
GUSA is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GUSA and QUAL overlap with the S&P 500?
By their latest filed holdings, 92% of GUSA and 97% of QUAL by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, GUSA against QUAL, data as of Oct 12, 2026. https://etfiq.com/compare/any/gusa-vs-qual

Open data

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