IYZ vs QUAL: Differences, Returns & Fees

IYZ and QUAL hold 2% of their weight in the same names, and IYZ returned +31.6% over the year. Net assets on Oct 9, 2026: $1.1bn for iShares U.S. Telecommunications ETF and $49.0bn for iShares MSCI USA Quality Factor ETF.

QUAL costs 0.22 points a year less; their one-year returns differ by 14.5 points; QUAL is far larger, $49.0bn against $1.1bn.

IYZ vs QUAL: Differences, Returns & Fees
IYZQUAL
Expense ratio0.37%0.15%
Net assets$1.1bn$49.0bn
Total return, 1 year+31.6%+17.1%
What it tracksRussell 1000 Telecommunications RIC 22MSCI USA Sector Neutral Quality Index ?
Holdings in common2%
Top ten holdings, share of the fund71.3%45.7%
Below its high6.4%, high on Jun 2, 2026

Holdings in common uses holdings dated Oct 9, 2026.

+31.6%
IYZ total return, 1 year
+17.1%
QUAL total return, 1 year
0.37%
IYZ expense ratio
0.15%
QUAL expense ratio

What they hold in common

By the books each fund has filed, IYZ and QUAL hold 2% 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 Oct 9, 2026.

half

2% in common

Positions both hold, largest shared weight first
Holding IYZ QUAL
ARISTA NETWORKS 12.31% 1.61%
MOTOROLA SOLUTIONS INC 3.30% 0.40%
Only in IYZ
CISCO SYSTEMS INC 24.08%
VERIZON COMMUNICATIONS INC 9.46%
CIENA 4.12%
SPACE EXPLORATION TECHNOLOGIES COR 3.94%
AT&T 3.93%
LUMENTUM HOLDINGS 3.82%
UBIQUITI 3.27%
VIAVI SOLUTIONS 3.10%
Only in QUAL
MICROSOFT 8.01%
APPLE 7.03%
NVIDIA 6.49%
META PLATFORMS CLASS A 4.62%
LAM RESEARCH 3.69%
ELI LILLY 3.65%
TJX 3.41%
VISA CLASS A 3.24%

Check overlap with more funds →

On the same fields

IYZ
iShares U.S. Telecommunications 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 +31.6% +17.1%
Expense ratio 0.37% 0.15%
Already in the S&P 500 71.2% 97.2%
Holdings 23 119
Net assets $1.1bn $49.0bn

IYZ and QUAL on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About IYZ

IYZ tracks an index. Over the year to Oct 9, 2026 it returned +31.6% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 9, 2026, 71% of the fund by weight is stocks the S&P 500 also holds, across 23 positions, with the top ten at 71.3%. It sat 6.4% below its high of Jun 2, 2026 on Oct 9, 2026.

About QUAL

QUAL tracks the MSCI USA Quality Factor. Over the year to Oct 9, 2026 it returned +17.1% 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, IYZ or QUAL?
In the year to Oct 9, 2026, with distributions reinvested, IYZ returned +31.6% and QUAL +17.1%.
Which is cheaper, IYZ or QUAL?
QUAL is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IYZ and QUAL overlap with the S&P 500?
By their latest filed holdings, 71% of IYZ and 97% of QUAL by weight is stocks the S&P 500 already holds.
Other comparisons
Where these figures came from

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, IYZ against QUAL, data as of Oct 9, 2026. https://etfiq.com/compare/any/iyz-vs-qual

Open data

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