QUAL vs USCA: Differences, Returns & Fees

QUAL and USCA hold 44% of their weight in the same names, and QUAL returned +17.1% over the year. Net assets on Oct 9, 2026: $49.0bn for iShares MSCI USA Quality Factor ETF and $3.6bn for Xtrackers MSCI USA Climate Action Equity ETF.

USCA costs 0.08 points a year less; their one-year returns differ by 4.2 points; QUAL is 13.7 times larger.

QUAL vs USCA: Differences, Returns & Fees
QUALUSCA
Expense ratio0.15%0.07%
Net assets$49.0bn$3.6bn
Total return, 1 year+17.1%+12.9%
What it tracksMSCI USA Sector Neutral Quality Index ?MSCI USA Climate Action Index
Holdings in common44%
Top ten holdings, share of the fund45.7%45.9%

Holdings in common uses holdings dated May 29, 2026 and Oct 9, 2026.

+17.1%
QUAL total return, 1 year
+12.9%
USCA total return, 1 year
0.15%
QUAL expense ratio
0.07%
USCA expense ratio

What they hold in common

By the books each fund has filed, QUAL and USCA hold 44% 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 29, 2026 and Oct 9, 2026.

half

44% in common

Positions both hold, largest shared weight first
Holding QUAL USCA
APPLE 7.03% 8.52%
NVIDIA 6.49% 9.07%
MICROSOFT 8.01% 5.91%
META PLATFORMS CLASS A 4.62% 2.58%
ALPHABET CLASS A 1.97% 4.12%
ELI LILLY 3.65% 1.65%
ALPHABET CLASS C 1.54% 3.24%
VISA CLASS A 3.24% 1.02%
JOHNSON & JOHNSON 2.04% 1.01%
WALMART 0.96% 0.94%
MASTERCARD CLASS A 2.28% 0.75%
NETFLIX 1.63% 0.67%
Only in QUAL
TJX 3.41%
BERKSHIRE HATHAWAY INC CLASS B 1.81%
LOCKHEED MARTIN CORP 0.81%
APPLOVIN CLASS A 0.51%
XCEL ENERGY INC 0.48%
ATMOS ENERGY 0.40%
PULTEGROUP 0.36%
NVR 0.33%
Only in USCA
AMAZON.COM INC 4.86%
BROADCOM INC 3.73%
TESLA INC 2.27%
ADVANCED MICRO DEVICES INC 1.56%
JP MORGAN CHASE & COMPANY 1.12%
CISCO SYSTEMS INC 0.88%
ABBVIE INC 0.71%
UNITEDHEALTH GROUP INC 0.64%

Check overlap with more funds →

On the same fields

QUAL
iShares MSCI USA Quality Factor ETF
USCA
Xtrackers MSCI USA Climate Action Equity ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI USA Quality Factor Tracks an index
Total return, 1 year +17.1% +12.9%
Expense ratio 0.15% 0.07%
Already in the S&P 500 97.2% 97.7%
Holdings 119 404
Net assets $49.0bn $3.6bn

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

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%.

About USCA

USCA tracks an index. Over the year to Oct 9, 2026 it returned +12.9% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings filed for May 29, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 404 positions, with the top ten at 45.9%.

Questions people ask

Which returned more over the last year, QUAL or USCA?
In the year to Oct 9, 2026, with distributions reinvested, QUAL returned +17.1% and USCA +12.9%.
Which is cheaper, QUAL or USCA?
USCA is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do QUAL and USCA overlap with the S&P 500?
By their latest filed holdings, 97% of QUAL and 98% of USCA by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

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

Open data

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