{
 "ticker": "QUAL",
 "name": "iShares MSCI USA Quality Factor ETF",
 "issuer": "iShares",
 "desk": "core",
 "url": "https://etfiq.com/funds/qual",
 "html": "https://etfiq.com/funds/qual",
 "markdown": "https://etfiq.com/funds/qual.md",
 "as_of": "2026-10-28",
 "verdict": "QUAL tracks the MSCI USA Quality Factor and returned +13.1% over the past year.",
 "lead": "QUAL returned +13.1% over the year to Oct 28, 2026, charges 0.15% a year and holds $48.2bn in net assets on Oct 28, 2026.",
 "category": {
  "id": "stocks",
  "name": "Stocks",
  "label": "Stock ETFs",
  "url": "https://etfiq.com/stocks/",
  "group": {
   "id": "us-stocks",
   "name": "U.S. stocks"
  },
  "segment": {
   "id": "us-large-blend",
   "name": "U.S. large-cap blend",
   "url": "https://etfiq.com/stocks/us-large-blend/"
  },
  "status": "classified",
  "as_of": "2026-10-29",
  "method": "https://etfiq.com/methodology/categories"
 },
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "stocks",
  "sentence": "no other ETF tracks the index it names, so its tracking cannot be measured",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/stocks/"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+13.1%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-28",
   "sentence": "QUAL, total return, 1 year: +13.1%, as of Oct 28, 2026.",
   "cite": {
    "value": "+13.1%",
    "as_of": "2026-10-28",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/qual#fact-total-return-1-year",
    "text": "QUAL, total return, 1 year: +13.1%, as of Oct 28, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.15%",
   "source": "485BPOS XBRL, Nov 21, 2025",
   "as_of": "2025-11-21",
   "sentence": "QUAL, expense ratio: 0.15%, as of Nov 21, 2025.",
   "cite": {
    "value": "0.15%",
    "as_of": "2025-11-21",
    "source": "485BPOS XBRL, Nov 21, 2025",
    "url": "https://etfiq.com/funds/qual#fact-expense-ratio",
    "text": "QUAL, expense ratio: 0.15%, as of Nov 21, 2025."
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "119",
   "source": "the issuer\u2019s daily holdings file",
   "as_of": "2026-10-27",
   "sentence": "QUAL, holdings: 119, as of Oct 27, 2026.",
   "cite": {
    "value": "119",
    "as_of": "2026-10-27",
    "source": "the issuer\u2019s daily holdings file",
    "url": "https://etfiq.com/funds/qual#fact-holdings",
    "text": "QUAL, holdings: 119, as of Oct 27, 2026."
   }
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22122.0%",
   "source": "ETFIQ",
   "as_of": "2026-10-28",
   "sentence": "QUAL, below its high: \u22122.0%, as of Oct 28, 2026.",
   "cite": {
    "value": "\u22122.0%",
    "as_of": "2026-10-28",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/qual#fact-below-its-high",
    "text": "QUAL, below its high: \u22122.0%, as of Oct 28, 2026."
   }
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "0.9%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-10-28",
   "sentence": "QUAL, 12-month yield, capital gains included, on its starting price: 0.9%, as of Oct 28, 2026.",
   "cite": {
    "value": "0.9%",
    "as_of": "2026-10-28",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/qual#fact-12-month-yield-capital-gains-included-on-its-starting-price",
    "text": "QUAL, 12-month yield, capital gains included, on its starting price: 0.9%, as of Oct 28, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid quarterly), ex-date Sep 15, 2026",
   "value": "$0.4727",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-09-15",
   "sentence": "QUAL, last payment (paid quarterly), ex-date Sep 15, 2026: $0.4727, as of Sep 15, 2026.",
   "cite": {
    "value": "$0.4727",
    "as_of": "2026-09-15",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/qual#fact-last-payment",
    "text": "QUAL, last payment (paid quarterly), ex-date Sep 15, 2026: $0.4727, as of Sep 15, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$48.2bn",
   "source": "the issuer\u2019s own daily fund list, as of Oct 28, 2026",
   "as_of": "2026-10-28",
   "sentence": "QUAL, net assets: $48.2bn (the issuer\u2019s own daily fund list, as of Oct 28, 2026).",
   "cite": {
    "value": "$48.2bn",
    "as_of": "2026-10-28",
    "source": "the issuer\u2019s own daily fund list, as of Oct 28, 2026",
    "url": "https://etfiq.com/funds/qual#fact-net-assets",
    "text": "QUAL, net assets: $48.2bn (the issuer\u2019s own daily fund list, as of Oct 28, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "what_it_tracks",
   "label": "What it tracks",
   "value": "MSCI USA Sector Neutral Quality Index",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Equity fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Stocks \u00b7 U.S. large-cap blend",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.15%",
   "source": "485BPOS XBRL, Nov 21, 2025"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$223.11",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Jul 18, 2013",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$48.2bn",
   "source": "the issuer\u2019s own daily fund list, as of Oct 28, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "MSCI USA Index, measured by MLRG, which tracks the same index",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "benchmark_named_in",
   "label": "Benchmark named in",
   "value": "its shareholder report, N-CSR, Oct 5, 2026",
   "source": null
  },
  {
   "key": "qual_1_year_to_oct_28_2026",
   "label": "QUAL, 1 year to Oct 28, 2026",
   "value": "+13.1%",
   "source": null
  },
  {
   "key": "mlrg_the_same_days",
   "label": "MLRG, the same days",
   "value": "+13.6%",
   "source": null
  },
  {
   "key": "against_its_benchmark_1_year",
   "label": "Against its benchmark, 1 year",
   "value": "\u22120.5 pts",
   "source": "ETFIQ"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22122.0%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "119",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "44.5%",
   "source": null
  },
  {
   "key": "holdings_published_for",
   "label": "Holdings published for",
   "value": "Oct 27, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "holdings_as_of_the_close_of",
   "label": "Holdings as of the close of",
   "value": "Oct 27, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "97.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "57.6%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "52.7%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "+0.1%",
   "Benchmark (MLRG)": "+0.9%",
   "Gap to MLRG": "\u22120.8 pts",
   "S&P 500 (SPY)": "+0.9%"
  },
  {
   "window": "3 months",
   "Total return": "+3.5%",
   "Benchmark (MLRG)": "+6.3%",
   "Gap to MLRG": "\u22122.8 pts",
   "S&P 500 (SPY)": "+6.1%"
  },
  {
   "window": "6 months",
   "Total return": "+8.9%",
   "Benchmark (MLRG)": "+9.4%",
   "Gap to MLRG": "\u22120.5 pts",
   "S&P 500 (SPY)": "+9.1%"
  },
  {
   "window": "Year to date",
   "Total return": "+13.0%",
   "Benchmark (MLRG)": "+14.3%",
   "Gap to MLRG": "\u22121.3 pts",
   "S&P 500 (SPY)": "+14.1%"
  },
  {
   "window": "1 year",
   "Total return": "+13.1%",
   "Benchmark (MLRG)": "+13.6%",
   "Gap to MLRG": "\u22120.5 pts",
   "S&P 500 (SPY)": "+13.6%"
  },
  {
   "window": "3 years",
   "Total return": "+80.1%",
   "Benchmark (MLRG)": "+96.2%",
   "Gap to MLRG": "\u221216.1 pts",
   "S&P 500 (SPY)": "+95.0%"
  },
  {
   "window": "5 years",
   "Total return": "+66.7%",
   "Benchmark (MLRG)": "+76.5%",
   "Gap to MLRG": "\u22129.8 pts",
   "S&P 500 (SPY)": "+79.8%"
  },
  {
   "window": "10 years",
   "Total return": "+290.4%",
   "Benchmark (MLRG)": "+297.1%",
   "Gap to MLRG": "\u22126.7 pts",
   "S&P 500 (SPY)": "+325.8%"
  },
  {
   "window": "Since launch",
   "Total return": "+442.4%",
   "Benchmark (MLRG)": "+433.8%",
   "Gap to MLRG": "+8.6 pts",
   "S&P 500 (SPY)": "+472.2%"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+13.6%",
   "Benchmark (MLRG)": "\u2013",
   "Gap to MLRG": "\u2013",
   "S&P 500 (SPY)": "\u2013"
  }
 ],
 "questions": [
  {
   "q": "How has QUAL performed?",
   "a": "Over the year to Oct 28, 2026, QUAL returned +13.1% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. Over three years the number is +80.1%."
  },
  {
   "q": "What does QUAL cost?",
   "a": "The prospectus expense ratio is 0.15% a year."
  },
  {
   "q": "What does QUAL hold?",
   "a": "119 positions as published by its issuer for Oct 27, 2026, with the top ten at 44.5% of the fund. 97% of its weight is in stocks the S&P 500 also holds."
  },
  {
   "q": "How far is QUAL below its high?",
   "a": "2.0% below its high of Oct 12, 2026, measured on the reinvested series to Oct 28, 2026."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Oct 28, 2026",
   "value": "$227.72 on Oct 12, 2026",
   "as_of": "2026-10-12",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 227.72,
   "window": {
    "from": "2025-10-29",
    "to": "2026-10-28"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Oct 28, 2026",
   "value": "$186.49 on Mar 30, 2026",
   "as_of": "2026-03-30",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 186.49,
   "window": {
    "from": "2025-10-29",
    "to": "2026-10-28"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Oct 28, 2026, within that range",
   "value": "$223.11, 89% of the way from the low to the high",
   "as_of": "2026-10-28",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 223.11
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "119",
   "as_of": "2026-10-28",
   "source": null
  },
  {
   "key": "top10",
   "label": "Top ten weight",
   "value": "44.5%",
   "as_of": "2026-10-28",
   "source": null
  }
 ],
 "trading": {
  "as_of": "2026-10-28",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored.",
   "Premium to NAV at the Oct 28 close: +0.05%; 95% of days within \u00b10.05%."
  ],
  "page": "https://etfiq.com/funds/qual/trading/"
 },
 "flows": {
  "as_of": "2026-10-23",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/qual.json",
  "windows": [
   {
    "window": "1 week",
    "from": "2026-10-21",
    "to": "2026-10-23",
    "net_flow_usd": 181514389,
    "net_flow": "+$182m",
    "round_trip_usd": 0,
    "days_counted": 3,
    "trading_days": 3
   },
   {
    "window": "1 month",
    "from": "2026-09-28",
    "to": "2026-10-23",
    "net_flow_usd": 180917947,
    "net_flow": "+$181m",
    "round_trip_usd": 0,
    "days_counted": 20,
    "trading_days": 20
   },
   {
    "window": "3 months",
    "from": "2026-07-28",
    "to": "2026-10-23",
    "net_flow_usd": 980143436,
    "net_flow": "+$980m",
    "round_trip_usd": 0,
    "days_counted": 63,
    "trading_days": 63
   },
   {
    "window": "Year to date",
    "from": "2026-01-02",
    "to": "2026-10-23",
    "net_flow_usd": -5419578135,
    "net_flow": "\u2212$5.4bn",
    "round_trip_usd": 0,
    "days_counted": 204,
    "trading_days": 204
   },
   {
    "window": "1 year",
    "from": "2025-10-28",
    "to": "2026-10-23",
    "net_flow_usd": -10976166842,
    "net_flow": "\u2212$11.0bn",
    "round_trip_usd": -158900267,
    "days_counted": 249,
    "trading_days": 249
   }
  ]
 },
 "generated": "2026-10-29",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, QUAL, stock fund, data as of Oct 28, 2026. https://etfiq.com/funds/qual"
}