Data as of Oct 28, 2026.

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IEFA vs QUAL: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEFA returned +12.3% to QUAL's +13.1%; 0% of their weight is in the same names.

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Net assets on Oct 28, 2026: $190.4bn for iShares Core MSCI EAFE ETF and $48.2bn for iShares MSCI USA Quality Factor ETF.

At a glance
+12.3%
IEFA total return, 1 year
+13.1%
QUAL total return, 1 year
0.07%
IEFA expense ratio
0.15%
QUAL expense ratio

Pair scorecard

IEFA costs 0.08 points a year less; their one-year returns differ by 0.8 points; IEFA is 4.0 times larger.

IEFA vs QUAL: Differences, Returns & Fees
MeasureIEFAQUAL
Return
Total return, 1 year+12.3%+13.1%
Drawdown
Below its high4.7%, high on Aug 25, 2026
Benchmark
What it tracksMSCI EAFE IMI IndexMSCI USA Sector Neutral Quality Index
Cost and size
Expense ratio0.07%0.15%
Net assets$190.4bn$48.2bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund12.3%44.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, IEFA and QUAL hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IEFA QUAL
MERCK 0.08% 1.34%
AEROPORTS DE PARIS SA 0.02% 1.28%
AMP LTD 0.02% 0.21%
BALFOUR BEATTY PLC 0.02% 0.39%
EURAZEO 0.01% 0.07%
LINDIAN RESOURCES LTD 0.00% 1.07%
PHARMA MAR SA 0.00% 0.40%
Only in one fund ↓
Only in IEFA
ASML HOLDING 2.55%
ROCHE PS PAR AG 1.36%
SHELL 1.21%
HSBC HOLDINGS PLC 1.18%
NOVARTIS AG 1.14%
ASTRAZENECA PLC 1.04%
NESTLE SA 1.04%
SAP 0.97%
Only in QUAL
MICROSOFT 8.09%
APPLE 7.38%
NVIDIA 6.28%
META PLATFORMS CLASS A 4.06%
ELI LILLY 4.04%
TJX 3.50%
VISA CLASS A 3.44%
LAM RESEARCH 2.84%
Check overlap with more funds →

Side by side

IEFA iShares Core MSCI EAFE ETF QUAL iShares MSCI USA Quality Factor ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI EAFE Tracks the MSCI USA Quality Factor
Total return, 1 year +12.3% +13.1%
Its benchmark over the same days +14.3% (ACWX) +13.6% (MLRG)
Gap to its benchmark −2.0 pts vs ACWX −0.5 pts vs MLRG
Expense ratio 0.07% 0.15%
Already in the S&P 500 0.0% 97.2%
Holdings 2629 119
Net assets $190.4bn $48.2bn

IEFA and QUAL on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
IEFA

IEFA tracks the MSCI EAFE. Over the year to Oct 28, 2026 it returned +12.3% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,629 positions, with the top ten at 12.3%. It sat 4.7% below its high of Aug 25, 2026 on Oct 28, 2026.

QUAL

QUAL tracks the MSCI USA Quality Factor. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.6% 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 27, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 119 positions, with the top ten at 44.5%.

Questions people ask

Which returned more over the last year, IEFA or QUAL?
In the year to Oct 28, 2026, with distributions reinvested, IEFA returned +12.3% and QUAL +13.1%.
Which is cheaper, IEFA or QUAL?
IEFA is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IEFA and QUAL overlap with the S&P 500?
By their latest filed holdings, 0% of IEFA and 97% of QUAL by weight is stocks the S&P 500 already holds.
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ETFIQ, IEFA against QUAL, data as of Oct 28, 2026. https://etfiq.com/compare/any/iefa-vs-qual

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