Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
HDV vs QUAL: how they differ
HDV and QUAL hold 9% of their weight in the same names, and HDV returned more over the year.
iShares Core High Dividend ETF and iShares MSCI USA Quality Factor ETF.
What they hold in common
By the books each fund has filed, HDV and QUAL hold 9% of their money in the same securities at the same weight.
| Holding | HDV | QUAL |
|---|---|---|
| EXXONMOBIL HOLDINGS CORP | 8.28% | 2.35% |
| MERCK & CO INC | 4.38% | 1.40% |
| LOCKHEED MARTIN CORP | 1.22% | 0.88% |
| COCA-COLA | 4.05% | 0.82% |
| PROCTER & GAMBLE | 4.42% | 0.82% |
| ILLINOIS TOOL INC | 0.87% | 0.72% |
| PEPSICO | 3.35% | 0.35% |
| AMEREN | 0.36% | 0.33% |
| EOG RESOURCES | 1.01% | 0.32% |
| PAYCHEX | 0.80% | 0.29% |
| BLK CSH FND TREASURY SL AGENCY | 0.20% | 0.10% |
| T ROWE PRICE GROUP | 0.50% | 0.08% |
| Only in HDV | Only in QUAL |
|---|---|
| CHEVRON 6.55% | MICROSOFT 7.67% |
| ABBVIE 6.19% | APPLE 7.10% |
| VERIZON COMMUNICATIONS INC 5.82% | NVIDIA 6.44% |
| PFIZER 4.66% | META PLATFORMS CLASS A 4.32% |
| PHILIP MORRIS INTERNATIONAL INC 4.37% | ELI LILLY 3.62% |
| HOME DEPOT 4.05% | LAM RESEARCH 3.59% |
| ALTRIA GROUP INC 3.05% | TJX 3.23% |
| AMGEN INC 2.66% | VISA CLASS A 3.21% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| HDV iShares Core High Dividend ETF | QUAL iShares MSCI USA Quality Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Core High Dividend | MSCI USA Quality Factor |
| Total return, 1 year | +22.5% | +16.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.0 pts | −1.5 pts |
| Expense ratio | 0.08% | 0.15% |
| Already in the S&P 500 | 98.0% | 98.9% |
| Holdings | 78 | 121 |
HDV in plain words
HDV is an index equity fund tracking the Core High Dividend. Over the year to Sep 11, 2026 it returned +22.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 78 positions, with the top ten at 52.8%.
QUAL in plain words
QUAL is an index equity fund tracking the MSCI USA Quality Factor. Over the year to Sep 11, 2026 it returned +16.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 121 positions, with the top ten at 44.4%. It sat 3.1% below its high of Aug 13, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, HDV or QUAL?
- In the year to Sep 13, 2026, with distributions reinvested, HDV returned +22.5% and QUAL returned +16.0%, so HDV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HDV or QUAL?
- HDV charges 0.08% a year and QUAL charges 0.15%, so HDV is cheaper. Fees come from each fund's prospectus.
- How much do HDV and QUAL overlap with the S&P 500?
- By their latest filed holdings, 98% of HDV and 99% of QUAL by weight is stocks the S&P 500 already holds. Between the two funds, 9% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, HDV against QUAL, data as of Sep 13, 2026. https://etfiq.com/compare/any/hdv-vs-qual Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources