Data as of Oct 28, 2026.

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QUAL vs VEA: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QUAL returned +13.1% to VEA's +17.1%; 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 $231.6bn on Sep 30, 2026 for Vanguard FTSE Developed Markets ETF.

At a glance
+13.1%
QUAL total return, 1 year
+17.1%
VEA total return, 1 year
0.15%
QUAL expense ratio
0.03%
VEA expense ratio

Pair scorecard

VEA costs 0.12 points a year less; their one-year returns differ by 4.0 points; VEA is 4.9 times larger.

QUAL vs VEA: Differences, Returns & Fees
MeasureQUALVEA
Return
Total return, 1 year+13.1%+17.1%
Drawdown
Below its high4.4%, high on Aug 25, 2026
Benchmark
What it tracksMSCI USA Sector Neutral Quality IndexFTSE Developed All Cap ex US Index
Cost and size
Expense ratio0.15%0.03%
Net assets, as of Sep 30, 2026$47.7bn$231.6bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund44.5%13.6%

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 VEA 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 VEA
MERCK & CO INC 1.34% 0.06%
BEST BUY 0.39% 0.02%
AUTOMATIC DATA PROCESSING INC 1.28% 0.01%
AMERIPRISE FINANCE INC 0.21% 0.01%
HALLIBURTON 0.10% 0.01%
EXPAND ENERGY 0.07% 0.01%
PULTEGROUP 0.40% 0.00%
LINDE PLC 1.07% 0.00%
REGIONS FINANCIAL 0.07% 0.00%
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 VEA
Samsung Electronics Co Ltd 2.81%
SK hynix Inc 2.30%
ASML Holding NV 2.14%
SLBBH1142 1.07%
HSBC Holdings PLC 1.05%
Roche Holding AG 0.91%
Shell PLC 0.86%
Royal Bank of Canada 0.85%
Check overlap with more funds →

Side by side

QUAL iShares MSCI USA Quality Factor ETF VEA Vanguard FTSE Developed Markets ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI USA Quality Factor Tracks an index of Developed markets ex US
Total return, 1 year +13.1% +17.1%
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%
Already in the S&P 500 97.2% 0.0%
Holdings 119 3906
Net assets, QUAL as of Oct 28, 2026 and VEA as of Sep 30, 2026 $48.2bn $231.6bn

QUAL and VEA 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%.

VEA

VEA tracks an index of Developed markets ex US. Over the year to Oct 28, 2026 it returned +17.1% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3,906 positions, with the top ten at 13.6%. It sat 4.4% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, QUAL or VEA?
In the year to Oct 28, 2026, with distributions reinvested, QUAL returned +13.1% and VEA +17.1%.
Which is cheaper, QUAL or VEA?
VEA 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.
How much do QUAL and VEA overlap with the S&P 500?
By their latest filed holdings, 97% of QUAL and 0% of VEA by weight is stocks the S&P 500 already holds.
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ETFIQ, QUAL against VEA, data as of Oct 28, 2026. https://etfiq.com/compare/any/qual-vs-vea

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