Which returned more over the last year, QUAL or SPUS?

In the year to Oct 9, 2026, with distributions reinvested, QUAL returned +17.1% and SPUS +21.9%.

Which is cheaper, QUAL or SPUS?

QUAL 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.

How much do QUAL and SPUS overlap with the S&P 500?

By their latest filed holdings, 97% of QUAL and 100% of SPUS by weight is stocks the S&P 500 already holds.

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QUAL vs SPUS: Differences, Returns & Fees

QUAL and SPUS hold 42% of their weight in the same names, and SPUS returned +21.9% over the year. Net assets: $49.0bn on Oct 9, 2026 for iShares MSCI USA Quality Factor ETF, and $2.7bn on May 31, 2026 for SP Funds S&P 500 Sharia Industry Exclusions ETF.

QUAL costs 0.30 points a year less; their one-year returns differ by 4.8 points.

	QUAL	SPUS
Expense ratio	0.15%	0.45%
Net assets, QUAL as of Oct 9, 2026 and SPUS as of May 31, 2026	$49.0bn	$2.7bn
Total return, 1 year	+17.1%	+21.9%
What it tracks	MSCI USA Sector Neutral Quality Index ?	not read by ETFIQ
Holdings in common	42%
Top ten holdings, share of the fund	45.8%	57.9%

Holdings in common uses holdings dated May 31, 2026 and Oct 8, 2026.

+17.1%

QUAL total return, 1 year

+21.9%

SPUS total return, 1 year

0.15%

QUAL expense ratio

0.45%

SPUS expense ratio

What they hold in common

By the books each fund has filed, QUAL and SPUS hold 42% 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 8, 2026.

50%

half

42% in common

Positions both hold, largest shared weight first

Holding QUAL SPUS

MICROSOFT 7.86% 8.80%

APPLE 7.14% 12.06%

NVIDIA 6.56% 13.51%

ELI LILLY 3.64% 2.29%

ALPHABET CLASS A 1.96% 5.83%

EXXONMOBIL HOLDINGS CORP 2.31% 1.59%

JOHNSON & JOHNSON 2.01% 1.42%

LAM RESEARCH 3.73% 1.04%

APPLIED MATERIAL INC 3.04% 0.94%

PROCTER & GAMBLE 0.83% 0.87%

MERCK & CO INC 1.33% 0.77%

KLA 2.59% 0.67%

Only in QUAL

META PLATFORMS CLASS A 4.66%

VISA CLASS A 3.17%

MASTERCARD CLASS A 2.23%

BERKSHIRE HATHAWAY INC CLASS B 1.80%

NETFLIX 1.67%

ALPHABET CLASS C 1.54%

AUTOMATIC DATA PROCESSING INC 1.17%

COSTCO WHOLESALE CORP 1.08%

Only in SPUS

Broadcom Inc 5.58%

Tesla Inc 3.21%

Micron Technology Inc 2.86%

Advanced Micro Devices Inc 2.20%

Cisco Systems Inc 1.25%

Oracle Corp 1.02%

AbbVie Inc 1.01%

Home Depot Inc/The 0.83%

Check overlap with more funds →

On the same fields

QUAL

iShares MSCI USA Quality Factor ETF

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

Where it sits Stock ETF Stock ETF

Issuer iShares SP Funds

What it is Tracks the MSCI USA Quality Factor Tracks an index

Total return, 1 year +17.1% +21.9%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −0.2 pts +4.6 pts

Expense ratio 0.15% 0.45%

Already in the S&P 500 97.2% 99.7%

Holdings 119 213

Net assets, QUAL as of Oct 9, 2026 and SPUS as of May 31, 2026 $49.0bn $2.7bn

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

QUAL in plain words

QUAL tracks the MSCI USA Quality Factor. Over the year to Oct 9, 2026 it returned +17.1% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 8, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 119 positions, with the top ten at 45.8%.

SPUS in plain words

SPUS tracks an index. Over the year to Oct 9, 2026 it returned +21.9% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.45% a year. By its holdings filed for May 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 213 positions, with the top ten at 57.9%.

Questions people ask

Which returned more over the last year, QUAL or SPUS?: In the year to Oct 9, 2026, with distributions reinvested, QUAL returned +17.1% and SPUS +21.9%.
Which is cheaper, QUAL or SPUS?: QUAL 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.
How much do QUAL and SPUS overlap with the S&P 500?: By their latest filed holdings, 97% of QUAL and 100% of SPUS by weight is stocks the S&P 500 already holds.

Other comparisons

QUAL vs SNPE QUAL vs SFLR QUAL vs TMFC QUAL vs USPX DIA vs SPUS DYNF vs SPUS CGDV vs SPUS DGRW vs SPUS

QUAL on its own →SPUS on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

QUAL filings on SEC EDGAR ↗QUAL prospectus with the expense ratio (SEC) ↗iShares page for QUAL ↗SPUS filings on SEC EDGAR ↗SPUS prospectus with the expense ratio (SEC) ↗SP Funds website ↗

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

Open data

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