Data as of Oct 28, 2026.

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QUAL vs TIP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QUAL returned +13.1% to TIP's −1.0%; 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 $14.6bn on Oct 27, 2026 for iShares TIPS Bond ETF.

At a glance
+13.1%
QUAL total return, 1 year
−1.0%
TIP total return, 1 year
0.15%
QUAL expense ratio
0.18%
TIP expense ratio

Pair scorecard

QUAL costs 0.03 points a year less; their one-year returns differ by 14.1 points; QUAL is 3.3 times larger.

QUAL vs TIP: Differences, Returns & Fees
MeasureQUALTIP
Return
Total return, 1 year+13.1%−1.0%
Benchmark
What it tracksMSCI USA Sector Neutral Quality IndexICE U.S. Treasury Inflation Linked Bond Index
Cost and size
Expense ratio0.15%0.18%
Net assets, as of Oct 26, 2026$48.3bn$14.6bn
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 Oct 27, 2026. Method

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QUAL TIP
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 TIP
TREASURY (CPI) NOTE 4.07%
TREASURY (CPI) NOTE 4.00%
TREASURY (CPI) NOTE 3.99%
TREASURY (CPI) NOTE 3.75%
TREASURY (CPI) NOTE 3.44%
TREASURY (CPI) NOTE 3.38%
TREASURY (CPI) NOTE 3.38%
TREASURY (CPI) NOTE 3.27%
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Side by side

QUAL iShares MSCI USA Quality Factor ETF TIP iShares TIPS Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the MSCI USA Quality Factor Tracks an index of TIPS Bond
Total return, 1 year +13.1% −1.0%
Its benchmark over the same days +13.6% (MLRG) −0.8% (VTP)
Gap to its benchmark −0.5 pts vs MLRG −0.2 pts vs VTP
Expense ratio 0.15% 0.18%
Holdings 119 48
Net assets, QUAL as of Oct 28, 2026 and TIP as of Oct 27, 2026 $48.2bn $14.6bn

QUAL and TIP 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%.

TIP

TIP tracks an index of TIPS Bond. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −0.8% for its benchmark, the ICE U.S. Treasury Inflation Linked Bond Index. The prospectus expense ratio is 0.18% a year.

Questions people ask

Which returned more over the last year, QUAL or TIP?
In the year to Oct 28, 2026, with distributions reinvested, QUAL returned +13.1% and TIP −1.0%.
Which is cheaper, QUAL or TIP?
QUAL is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, QUAL against TIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/qual-vs-tip

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