Data as of Oct 28, 2026.

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QUAL vs SCHP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QUAL returned +13.1% to SCHP's −0.8%; 0% of their weight is in the same names.

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Net assets: $48.2bn on Oct 28, 2026 for iShares MSCI USA Quality Factor ETF, and $16.5bn on Jun 30, 2026 for Schwab U.S. TIPS ETF.

At a glance
+13.1%
QUAL total return, 1 year
−0.8%
SCHP total return, 1 year
0.15%
QUAL expense ratio
0.03%
SCHP expense ratio

Pair scorecard

SCHP costs 0.12 points a year less; their one-year returns differ by 13.9 points.

QUAL vs SCHP: Differences, Returns & Fees
MeasureQUALSCHP
Return
Total return, 1 year+13.1%−0.8%
Benchmark
What it tracksMSCI USA Sector Neutral Quality IndexUS TIPS
Cost and size
Expense ratio0.15%0.03%
Net assets, QUAL as of Oct 28, 2026 and SCHP as of Jun 30, 2026$48.2bn$16.5bn
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 Jun 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, QUAL and SCHP hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QUAL SCHP
Only in one fund ↓
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%
Only in SCHP
United States Treasury 4.07%
United States Treasury 4.01%
United States Treasury 4.00%
United States Treasury 3.77%
United States Treasury 3.60%
United States Treasury 3.40%
United States Treasury 3.38%
United States Treasury 3.36%
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Side by side

QUAL iShares MSCI USA Quality Factor ETF SCHP Schwab U.S. TIPS ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the MSCI USA Quality Factor Tracks an index of US TIPS
Total return, 1 year +13.1% −0.8%
Its benchmark over the same days +13.6% (MLRG) −1.4% (AGG)
Gap to its benchmark −0.5 pts vs MLRG +0.6 pts vs AGG
Expense ratio 0.15% 0.03%
Holdings 119 48
Net assets, QUAL as of Oct 28, 2026 and SCHP as of Jun 30, 2026 $48.2bn $16.5bn

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

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About each fund
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%.

SCHP

SCHP tracks an index of US TIPS. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, QUAL or SCHP?
In the year to Oct 28, 2026, with distributions reinvested, QUAL returned +13.1% and SCHP −0.8%.
Which is cheaper, QUAL or SCHP?
SCHP is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, QUAL against SCHP, data as of Oct 28, 2026. https://etfiq.com/compare/any/qual-vs-schp

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