IWV vs QLTY: Differences, Returns & Fees
IWV and QLTY hold 30% of their weight in the same names, and QLTY returned +19.9% over the year. Net assets: $20.6bn on Oct 9, 2026 for iShares Russell 3000 ETF, and $4.5bn on May 31, 2026 for GMO U.S. Quality ETF.
IWV costs 0.30 points a year less; their one-year returns differ by 3.2 points; IWV is 6.0 times larger.
| IWV | QLTY | |
|---|---|---|
| Expense ratio | 0.20% | 0.50% |
| Net assets, as of Dec 31, 2025 | $18.3bn | $3.0bn |
| Total return, 1 year | +16.7% | +19.9% |
| What it tracks | Russell 3000 Index | No index, actively managed |
| Holdings in common | 30% | |
| Top ten holdings, share of the fund | 34.7% | 48.9% |
Holdings in common uses holdings dated May 31, 2026 and Oct 9, 2026.
What they hold in common
By the books each fund has filed, IWV and QLTY hold 30% 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
30% in common
On the same fields
IWV and QLTY on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About IWV
IWV tracks an index. Over the year to Oct 9, 2026 it returned +16.7% with distributions reinvested, against +16.8% for its benchmark, the Russell 3000 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 9, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,600 positions, with the top ten at 34.7%.
About QLTY
QLTY is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +19.9% with distributions reinvested, against +17.3% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.50% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 41 positions, with the top ten at 48.9%.
Questions people ask
- Which returned more over the last year, IWV or QLTY?
- In the year to Oct 9, 2026, with distributions reinvested, IWV returned +16.7% and QLTY +19.9%.
- Which is cheaper, IWV or QLTY?
- IWV is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, IWV against QLTY, data as of Oct 9, 2026. https://etfiq.com/compare/any/iwv-vs-qlty
ETFIQ. (Oct 9, 2026). IWV against QLTY. Retrieved from https://etfiq.com/compare/any/iwv-vs-qlty
[IWV against QLTY (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/iwv-vs-qlty)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.