QLC vs VOO: Differences, Returns & Fees

QLC and VOO hold 57% of their weight in the same names, and QLC returned +19.8% over the year. Net assets: $1.0bn on Jul 31, 2026 for Northern Trust US Quality Large Cap ETF, and $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

VOO costs 0.22 points a year less; their one-year returns differ by 2.5 points.

QLC vs VOO: Differences, Returns & Fees
QLCVOO
Expense ratio0.25%0.03%
Net assets, QLC as of Jul 31, 2026 and VOO as of Sep 30, 2026$1.0bn$1.0tn
Total return, 1 year+19.8%+17.3%
What it tracksNorthern Trust Quality Large Cap IndexS&P 500 Index
Holdings in common57%
Top ten holdings, share of the fund37.6%37.8%

Holdings in common uses holdings dated Jul 31, 2026 and Aug 31, 2026.

+19.8%
QLC total return, 1 year
+17.3%
VOO total return, 1 year
0.25%
QLC expense ratio
0.03%
VOO expense ratio

What they hold in common

By the books each fund has filed, QLC and VOO hold 57% 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 Jul 31, 2026 and Aug 31, 2026.

half

57% in common

Positions both hold, largest shared weight first
Holding QLC VOO
NVIDIA Corp. 7.10% 8.09%
Apple, Inc. 7.33% 7.04%
Microsoft Corp. 4.25% 5.70%
Alphabet, Inc. 4.09% 3.01%
Broadcom, Inc. 2.94% 2.65%
Amazon.com, Inc. 2.59% 3.85%
Alphabet, Inc. 3.66% 2.40%
JPMorgan Chase & Co. 1.98% 1.44%
Meta Platforms, Inc. 1.40% 1.90%
Berkshire Hathaway, Inc. 1.27% 1.40%
Eli Lilly & Co. 1.12% 1.38%
Micron Technology, Inc. 1.09% 1.64%
Only in QLC
Jones Lang LaSalle, Inc. 0.63%
Royalty Pharma plc 0.46%
Spotify Technology SA 0.33%
Medpace Holdings, Inc. 0.31%
Agnico Eagle Mines Ltd. 0.24%
Check Point Software Technologies Ltd. 0.23%
Tenet Healthcare Corp. 0.21%
Paycom Software, Inc. 0.21%
Only in VOO
ExxonMobil Holdings Corp 1.01%
Visa Inc 0.93%
Mastercard Inc 0.72%
Walmart Inc 0.69%
Costco Wholesale Corp 0.63%
Chevron Corp 0.58%
UnitedHealth Group Inc 0.54%
Coca-Cola Co/The 0.52%

Check overlap with more funds →

On the same fields

QLC
Northern Trust US Quality Large Cap ETF
VOO
Vanguard S&P 500 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks the S&P 500
Total return, 1 year +19.8% +17.3%
Its benchmark over the same days not published +17.3% (IVV)
Gap to its benchmark not available 0.0 pts vs IVV
Expense ratio 0.25% 0.03%
Already in the S&P 500 96.4% 99.7%
Holdings 177 507
Net assets, QLC as of Jul 31, 2026 and VOO as of Sep 30, 2026 $1.0bn $1.0tn

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

About QLC

QLC tracks an index. Over the year to Oct 9, 2026 it returned +19.8% with distributions reinvested. The prospectus expense ratio is 0.25% a year. By its holdings filed for Jul 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 177 positions, with the top ten at 37.6%.

About VOO

VOO tracks the S&P 500. Over the year to Oct 9, 2026 it returned +17.3% with distributions reinvested, against +17.3% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Aug 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 37.8%.

Questions people ask

Which returned more over the last year, QLC or VOO?
In the year to Oct 9, 2026, with distributions reinvested, QLC returned +19.8% and VOO +17.3%.
Which is cheaper, QLC or VOO?
VOO 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 QLC and VOO overlap with the S&P 500?
By their latest filed holdings, 96% of QLC and 100% of VOO 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, QLC against VOO, data as of Oct 9, 2026. https://etfiq.com/compare/any/qlc-vs-voo

Open data

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