Data as of Oct 28, 2026.

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IUSB vs QUAL: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IUSB returned −1.2% to QUAL's +13.1%; 0% of their weight is in the same names.

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Net assets: $49.8bn on Oct 27, 2026 for iShares Core Universal USD Bond ETF, and $48.2bn on Oct 28, 2026 for iShares MSCI USA Quality Factor ETF.

At a glance
−1.2%
IUSB total return, 1 year
+13.1%
QUAL total return, 1 year
0.06%
IUSB expense ratio
0.15%
QUAL expense ratio

Pair scorecard

IUSB costs 0.09 points a year less; their one-year returns differ by 14.3 points.

IUSB vs QUAL: Differences, Returns & Fees
MeasureIUSBQUAL
Return
Total return, 1 year−1.2%+13.1%
Benchmark
What it tracksBloomberg U.S. Universal IndexMSCI USA Sector Neutral Quality Index
Cost and size
Expense ratio0.06%0.15%
Net assets, as of Oct 26, 2026$49.8bn$48.3bn
Holdings
Holdings in common0%
In the S&P 500, by weight97%
Top ten holdings, share of the fund44.5%

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

What they share

0%

By the books each fund has filed, IUSB 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 IUSB QUAL
Only in one fund ↓
Only in IUSB
BLK Liquidity Temp Cash Inst #21 4.75%
TREASURY NOTE 0.49%
TREASURY NOTE 0.42%
TREASURY NOTE 0.41%
TREASURY NOTE 0.38%
TREASURY NOTE 0.37%
TREASURY NOTE (2OLD) 0.36%
UMBS 15YR TBA(REG B) 0.35%
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%
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Side by side

IUSB iShares Core Universal USD Bond ETF QUAL iShares MSCI USA Quality Factor ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Universal USD Bond Tracks the MSCI USA Quality Factor
Total return, 1 year −1.2% +13.1%
Its benchmark over the same days not measured +13.6% (MLRG)
Gap to its benchmark not measured −0.5 pts vs MLRG
Expense ratio 0.06% 0.15%
Holdings 18338 119
Net assets, IUSB as of Oct 27, 2026 and QUAL as of Oct 28, 2026 $49.8bn $48.2bn

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

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About each fund
IUSB

IUSB tracks an index of Universal USD Bond. Over the year to Oct 28, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

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, IUSB or QUAL?
In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and QUAL +13.1%.
Which is cheaper, IUSB or QUAL?
IUSB is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IUSB against QUAL, data as of Oct 28, 2026. https://etfiq.com/compare/any/iusb-vs-qual

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