Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
QUAL vs XLY: how they differ
QUAL and XLY hold 0% of their weight in the same names, and QUAL returned more over the year.
iShares MSCI USA Quality Factor ETF and State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, QUAL and XLY hold 0% of their money in the same securities at the same weight.
| Only in QUAL | Only in XLY |
|---|---|
| MICROSOFT 7.67% | AMAZON.COM INC 24.68% |
| APPLE 7.10% | TESLA INC 17.84% |
| NVIDIA 6.44% | HOME DEPOT INC 5.31% |
| META PLATFORMS CLASS A 4.32% | MCDONALD S CORP 4.09% |
| ELI LILLY 3.62% | BOOKING HOLDINGS INC 3.52% |
| LAM RESEARCH 3.59% | TJX COMPANIES INC 3.44% |
| TJX 3.23% | STARBUCKS CORP 2.96% |
| VISA CLASS A 3.21% | LOWE S COS INC 2.88% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| QUAL iShares MSCI USA Quality Factor ETF | XLY State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI USA Quality Factor | Consumer discretionary |
| Total return, 1 year | +16.0% | −4.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −1.5 pts | −21.6 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 98.9% | 100.0% |
| Holdings | 121 | 49 |
QUAL in plain words
QUAL is an index equity fund tracking the MSCI USA Quality Factor. Over the year to Sep 11, 2026 it returned +16.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 121 positions, with the top ten at 44.4%. It sat 3.1% below its high of Aug 13, 2026 on Sep 11, 2026.
XLY in plain words
XLY is an index equity fund tracking the Consumer discretionary. Over the year to Sep 11, 2026 it returned −4.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 49 positions, with the top ten at 68.7%. It sat 8.9% below its high of Jan 12, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, QUAL or XLY?
- In the year to Sep 13, 2026, with distributions reinvested, QUAL returned +16.0% and XLY returned −4.1%, so QUAL returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QUAL or XLY?
- QUAL charges 0.15% a year and XLY charges 0.08%, so XLY is cheaper. Fees come from each fund's prospectus.
- How much do QUAL and XLY overlap with the S&P 500?
- By their latest filed holdings, 99% of QUAL and 100% of XLY by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QUAL against XLY, data as of Sep 13, 2026. https://etfiq.com/compare/any/qual-vs-xly Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources