Which returned more over the last year, SPHQ or VLUE?

In the year to Oct 28, 2026, with distributions reinvested, SPHQ returned +14.1% and VLUE +54.7%.

Which is cheaper, SPHQ or VLUE?

Neither: SPHQ and VLUE both charge 0.15% a year. Fees come from each fund's prospectus.

How much do SPHQ and VLUE overlap with the S&P 500?

By their latest filed holdings, 100% of SPHQ and 97% of VLUE by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

SPHQ vs VLUE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SPHQ returned +14.1% to VLUE's +54.7%; 12% of their weight is in the same names.

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Net assets: $18.7bn on Oct 27, 2026 for Invesco S&P 500 Quality ETF, and $9.4bn on Oct 28, 2026 for iShares MSCI USA Value Factor ETF.

SPHQ on its own →VLUE on its own →

At a glance

+14.1%

SPHQ total return, 1 year

+54.7%

VLUE total return, 1 year

0.15%

SPHQ expense ratio

0.15%

VLUE expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 40.6 points; SPHQ is 2.0 times larger.

Points (pts) are percentage points.

SPHQ vs VLUE: Differences, Returns & Fees
Measure	SPHQ	VLUE
Return
Measure	SPHQ	VLUE
Total return, 1 year	+14.1%	+54.7%
Drawdown
Measure	SPHQ	VLUE
Below its high	6.4%, high on Jun 30, 2026
Benchmark
Measure	SPHQ	VLUE
What it tracks	S&P 500 Quality Index	MSCI USA Enhanced Value Index
Cost and size
Measure	SPHQ	VLUE
Expense ratio	0.15%	0.15%
Net assets, as of Oct 27, 2026	$18.7bn	$9.3bn
Holdings
Measure	SPHQ	VLUE
Holdings in common	12%
Top ten holdings, share of the fund	43.3%	42.8%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

12%

By the books each fund has filed, SPHQ and VLUE hold 12% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

12% in common

Positions both hold · largest shared weight first SPHQ VLUE

Cisco Systems Inc 3.65% 4.37%

QUALCOMM Inc 2.60% 1.73%

Accenture PLC 1.28% 1.31%

Valero Energy Corp 1.06% 0.82%

Newmont Corp 1.77% 0.65%

Adobe Inc 1.22% 0.63%

NetApp Inc 0.61% 0.57%

Expedia Group Inc 0.35% 0.61%

ON Semiconductor Corp 0.28% 0.39%

Workday Inc 0.35% 0.27%

Fortive Corp 0.23% 0.23%

Dollar Tree Inc 0.22% 0.24%

Only in one fund ↓

Only in SPHQ

Mastercard Inc 6.25%

Visa Inc 6.23%

Apple Inc 5.96%

Costco Wholesale Corp 4.24%

GE Vernova Inc 3.81%

General Electric Co 3.33%

Lam Research Corp 3.32%

Netflix Inc 3.29%

Only in VLUE

MICRON TECHNOLOGY 20.94%

GENERAL MOTORS 3.54%

VERIZON COMMUNICATIONS INC 2.72%

AT&T 2.24%

HEWLETT PACKARD ENTERPRISE 1.95%

PFIZER 1.86%

BANK OF AMERICA 1.77%

DELL TECHNOLOGIES INC CLASS C 1.72%

Check overlap with more funds →

Side by side

SPHQ Invesco S&P 500 Quality ETF VLUE iShares MSCI USA Value Factor ETF

Where it sits Stock ETF Stock ETF

Issuer Invesco iShares

What it is Tracks the S&P 500 Quality Tracks the MSCI USA Value Factor

Total return, 1 year +14.1% +54.7%

Its benchmark over the same days +13.7% (IVV) +13.6% (MLRG)

Gap to its benchmark +0.4 pts vs IVV +41.1 pts vs MLRG

Expense ratio 0.15% 0.15%

Already in the S&P 500 100.0% 96.6%

Holdings 102 148

Net assets, SPHQ as of Oct 27, 2026 and VLUE as of Oct 28, 2026 $18.7bn $9.4bn

SPHQ and VLUE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

SPHQ

SPHQ tracks the S&P 500 Quality. Over the year to Oct 28, 2026 it returned +14.1% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 43.3%. It sat 6.4% below its high of Jun 30, 2026 on Oct 28, 2026.

VLUE

VLUE tracks the MSCI USA Value Factor. Over the year to Oct 28, 2026 it returned +54.7% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. 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 148 positions, with the top ten at 42.8%.

Questions people ask

Which returned more over the last year, SPHQ or VLUE?: In the year to Oct 28, 2026, with distributions reinvested, SPHQ returned +14.1% and VLUE +54.7%.
Which is cheaper, SPHQ or VLUE?: Neither: SPHQ and VLUE both charge 0.15% a year. Fees come from each fund's prospectus.
How much do SPHQ and VLUE overlap with the S&P 500?: By their latest filed holdings, 100% of SPHQ and 97% of VLUE by weight is stocks the S&P 500 already holds.

Other comparisons

CGDV vs SPHQ DGRO vs SPHQ SPHQ vs VYM SPHQ vs VTV AVUS vs VLUE GRNY vs VLUE IVV vs VLUE VLUE vs VOO

Where to next

SPHQ on its own →VLUE on its own →Hold both: look the portfolio through →Rankings →SPHQ dividend history →SPHQ holdings →VLUE dividend history →VLUE holdings →Standards and sources →

Sources and dates

SPHQ filings on SEC EDGAR ↗

SPHQ prospectus with the expense ratio (SEC) ↗

Invesco page for SPHQ ↗

VLUE filings on SEC EDGAR ↗

VLUE prospectus with the expense ratio (SEC) ↗

iShares page for VLUE ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, SPHQ against VLUE, data as of Oct 28, 2026. https://etfiq.com/compare/any/sphq-vs-vlue

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