ETF comparison

QUAL vs SPHQ

Both Quality Factor.

iShares MSCI USA Quality Factor ETF · Invesco S&P 500 Quality ETF

Holdings overlap

Weighted by ISIN/CUSIP
40.0 %

50 positions appear in both funds. Buying equal dollars of QUAL and SPHQ would leave roughly 40.0% of each dollar exposed to the same underlying securities.

QUAL only 59.8% Shared 40.0% SPHQ only 59.9%
In QUAL only
71 positions
Shared
50 positions
In SPHQ only
50 positions

Side by side

QUAL

iShares MSCI USA Quality Factor ETF

iShares · Quality Factor

85 composite / 100
Expense ratio
0.15%
Net assets
$45.92B
TTM yield
0.86%
Top-10 conc.
39.0%
SPHQ

Invesco S&P 500 Quality ETF

Invesco · Quality Factor

85 composite / 100
Expense ratio
0.15%
Net assets
$20.36B
TTM yield
1.08%
Top-10 conc.
40.7%

Sub-score comparison

85
Cost
85
86
Tax efficiency
86
100
Liquidity
100
59
Concentration
56
Tracking quality
QUAL sub-score SPHQ

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

Expense ratios are effectively identical (0.15% vs 0.15%).

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with QUAL vs SPHQ.

Top shared holdings

50 shared in total
# Holding In QUAL In SPHQ Overlap
1 APPLE INC. 6.27% 4.50% 4.50%
2 LAM RESEARCH CORPORATION 3.22% 4.09% 3.22%
3 VISA INC. 3.08% 4.68% 3.08%
4 KLA CORPORATION 2.78% 3.27% 2.78%
5 CATERPILLAR INC. 2.52% 3.78% 2.52%
6 APPLIED MATERIALS, INC. 2.45% 2.79% 2.45%
7 MASTERCARD INCORPORATED 2.30% 4.32% 2.30%
8 THE TJX COMPANIES, INC. 3.19% 1.79% 1.79%
9 QUALCOMM INCORPORATED 1.41% 2.03% 1.41%
10 COSTCO WHOLESALE CORPORATION 1.31% 4.81% 1.31%
11 ADOBE INC. 1.19% 1.44% 1.19%
12 MERCK & CO., INC. 1.08% 2.86% 1.08%

Only in QUAL

71 total
  • NVIDIA CORPORATION 6.50%
  • MICROSOFT CORPORATION 5.04%
  • META PLATFORMS, INC. 3.49%
  • ELI LILLY AND COMPANY 2.92%
  • ALPHABET INC. 2.53%
  • ALPHABET INC. 2.11%
  • BERKSHIRE HATHAWAY INC. 2.11%
  • NETFLIX, INC. 1.99%
  • JOHNSON & JOHNSON 1.92%
  • SLB N.V. 1.56%

Only in SPHQ

50 total
  • General Electric Co. 4.16%
  • Cisco Systems, Inc. 3.54%
  • GE Vernova Inc. 3.15%
  • Gilead Sciences, Inc. 2.27%
  • Western Digital Corp. 2.15%
  • Eaton Corp. PLC 1.64%
  • 3M Co. 1.17%
  • Parker-Hannifin Corp. 1.08%
  • Johnson Controls International PLC 1.05%
  • Constellation Energy Corp. 0.99%

Open QUAL or SPHQ at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.