QUAL · iShares MSCI USA Quality Factor ETF
QUAL tracks the MSCI USA Quality Factor and returned +16.0% over the past year.
Key facts
Its ten largest equity positions
| Holding | Weight | |
|---|---|---|
| NVIDIA CORPORATION | 6.52% | |
| APPLE INC. | 6.28% | |
| MICROSOFT CORPORATION | 5.05% | |
| META PLATFORMS, INC. | 3.50% | |
| LAM RESEARCH CORPORATION | 3.23% | |
| THE TJX COMPANIES, INC. | 3.19% | |
| VISA INC. | 3.09% | |
| ELI LILLY AND COMPANY | 2.92% | |
| KLA CORPORATION | 2.79% | |
| ALPHABET INC. | 2.54% |
Compare QUAL
Also against BINC, BITO, BND, BNDX, BOND, BOXX, BSV, BWET, CGBL, CGDV, CGGR, COWZ, CTA, DBMF, DFUS, DGRO, DGRW, DIA, DVY, DYNF, EDV, EEM, EFA, EMB, EMXC, EWJ, EWT, EWY, EWZ, EZU, FBCG, FDVV, FENI, FLKR, FNDX, FTEC, FXI, GARP, GLD, GLDM, GOVT, GRNY, HDV, HGER, HYG, HYMB, IALT, IAU, IBB, IDEV, IEF, IEFA, IEI, IEMG, IGIB, IGM, IGSB, IJH, IJR, IJS, IJT, ILF, INDA, ITOT, IUSB, IVV, IWB, IWC, IWD, IWF, IWM, IWO, IXUS, IYE, IYR, IYW, JAAA, JNK, KRE, LQD, MAGS, MBB, MDY, MGK, MINT, MOAT, MTUM, MUB, NOBL, ONEQ, PDBC, PFF, PULS, PVAL, QQQ, QQQM, RDVY, RSP, SCHB, SCHD, SCHF, SCHG, SCHH, SCHP, SCHX, SDY, SGOV, SHV, SHY, SIVR, SLV, SPHD, SPHQ, SPLG, SPMO, SPSB, SPY, SPYD, SPYG, TIP, TLT, URTH, USFR, USHY, USMV, USO, VB, VBIL, VBK, VBR, VCIT, VCLT, VCSH, VDC, VDE, VEA, VEU, VGIT, VGK, VGLT, VGSH, VGT, VHT, VIG, VLUE, VNQ, VO, VOE, VONG, VOO, VOOG, VOX, VPL, VPU, VT, VTEB, VTI, VTIP, VTV, VTWO, VUG, VUSB, VWO, VXF, VXUS, VYM, VYMI, XBI, XHB, XLB, XLC, XLE, XLF, XLG, XLI, XLK, XLP, XLRE, XLU, XLV, XLY, XOP, XOVR, XRT.
Period by period
| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
|---|---|---|---|---|
| 3 months | +1.7% | +3.3% | −1.6 pts | +2.5 pts |
| 6 months | +13.3% | +16.0% | −2.7 pts | −7.4 pts |
| 1 year | +16.0% | +17.5% | −1.5 pts | −7.0 pts |
| 3 years | +65.9% | +77.9% | −12.0 pts | −29.2 pts |
| Since listing | +434.1% | +464.9% | −30.7 pts | −522.3 pts |
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 Apr 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 121 positions, with the top ten at 39.1%. It sat 3.1% below its high of Aug 13, 2026 on Sep 11, 2026.
| What it tracks | MSCI USA Quality Factor |
|---|---|
| Fund type | Index equity fund |
| Expense ratio (485BPOS XBRL, Nov 21, 2025) | 0.15% |
| Price | $220.20 |
| Listed since | Jul 18, 2013 |
| Net assets (SEC filing, whole fund, as filed for Apr 30, 2026) | $50.1bn |
| Below its high (ETFIQ) | −3.1% |
| Holdings | 121 |
| Top ten weight | 39.1% |
| Holdings as of (SEC N-PORT) | Apr 30, 2026 |
| Already in the S&P 500, by weight (ETFIQ) | 98.9% |
| Active share vs the S&P 500 (ETFIQ) | 55.6% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 50.2% |
Questions people ask
- How has QUAL performed?
- Over the year to Sep 11, 2026, QUAL returned +16.0% with distributions reinvested, against +17.5% for the S&P 500. Over three years the figure is +65.9%.
- What does QUAL cost?
- The prospectus expense ratio is 0.15% a year.
- What does QUAL hold?
- 121 positions as filed for Apr 30, 2026, with the top ten at 39.1% of the fund. 99% of its weight is in stocks the S&P 500 also holds.
- How far is QUAL below its high?
- 3.1% below its high of Aug 13, 2026, measured on the reinvested series to Sep 11, 2026.
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.
Funds near this one
Cite this page. ETFIQ, QUAL, core index fund, data as of Sep 11, 2026. https://etfiq.com/funds/QUAL Free to use with attribution; the underlying files are at Open data.
ETFIQ covers leveraged and inverse, thematic, buffer, option-income, core index and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources