Data as of Oct 28, 2026.

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QUAL vs VCLT: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QUAL returned +13.1% to VCLT's −5.9%; 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 $7.5bn on Sep 30, 2026 for Vanguard Long-Term Corporate Bond ETF.

At a glance
+13.1%
QUAL total return, 1 year
−5.9%
VCLT total return, 1 year
0.15%
QUAL expense ratio
0.03%
VCLT expense ratio

Pair scorecard

VCLT costs 0.12 points a year less; their one-year returns differ by 19.0 points; QUAL is 6.4 times larger.

QUAL vs VCLT: Differences, Returns & Fees
MeasureQUALVCLT
Return
Total return, 1 year+13.1%−5.9%
Drawdown
Below its high17.8%, high on Sep 22, 2021
Benchmark
What it tracksMSCI USA Sector Neutral Quality IndexBloomberg U.S. 10+ Year Corporate Bond Index
Cost and size
Expense ratio0.15%0.03%
Net assets, as of Sep 30, 2026$47.7bn$7.5bn
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 Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QUAL VCLT
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 VCLT
MKTLIQ 1.03%
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 0.37%
United States Treasury Note/Bond 0.36%
CVS Health Corp 0.33%
Boeing Co 0.27%
Meta Platforms Inc 0.27%
AT&T Inc 0.24%
AT&T Inc 0.24%
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Side by side

QUAL iShares MSCI USA Quality Factor ETF VCLT Vanguard Long-Term Corporate Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the MSCI USA Quality Factor Tracks an index of Long-Term Corporate Bond
Total return, 1 year +13.1% −5.9%
Its benchmark over the same days +13.6% (MLRG) not measured
Gap to its benchmark −0.5 pts vs MLRG not measured
Expense ratio 0.15% 0.03%
Holdings 119 2562
Net assets, QUAL as of Oct 28, 2026 and VCLT as of Sep 30, 2026 $48.2bn $7.5bn

QUAL and VCLT 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%.

VCLT

VCLT tracks an index of Long-Term Corporate Bond. Over the year to Oct 28, 2026 it returned −5.9% with distributions reinvested. The prospectus expense ratio is 0.03% a year. It sat 17.8% below its high of Sep 22, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, QUAL or VCLT?
In the year to Oct 28, 2026, with distributions reinvested, QUAL returned +13.1% and VCLT −5.9%.
Which is cheaper, QUAL or VCLT?
VCLT 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 VCLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/qual-vs-vclt

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