ATLASiShares MSCI USA Quality Factor ETF (QUAL): outlook, holdings and fees
iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.15% and the yield is 0.83%. The ten largest holdings are 46% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on QUAL
| Last price | $222.73 (+0.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 57% |
| Likely 1-month range (50%) | $219.57 – $228.34 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 0.83% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
QUAL fund facts
| Issuer | iShares |
|---|---|
| Theme | US large caps |
| Assets under management | $49.0B |
| Expense ratio | 0.15% |
| Number of holdings | 118 |
| Portfolio turnover | 59% |
| Inception | Jul 16, 2013 |
| Exchange | CBOE |
The fund generally will invest at least 80% of its assets in the component securities of the underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is based on a traditional market capitalization-weighted parent index, the MSCI USA Index.
QUAL top holdings
| Holding | Sector | Weight |
|---|---|---|
| Microsoft Corporation MSFT | Technology | 8.10% |
| Apple Inc. AAPL | Technology | 7.15% |
| NVIDIA Corporation NVDA | Technology | 6.33% |
| Meta Platforms Inc. META | Communication Services | 4.46% |
| Lam Research Corp LRCX | Technology | 3.55% |
| Eli Lilly and Company LLY | Healthcare | 3.65% |
| The TJX Companies Inc TJX | Consumer Cyclical | 3.51% |
| Visa Inc. Class A V | Financial Services | 3.39% |
| Applied Materials Inc AMAT | Technology | 3.09% |
| KLA Corporation KLAC | Technology | 2.57% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
QUAL sector breakdown
| Sector | Weight |
|---|---|
| Technology | 41.6% |
| Financial Services | 11.5% |
| Communication Services | 9.8% |
| Healthcare | 9.4% |
| Consumer Cyclicals | 8.5% |
| Industrials | 6.6% |
| Consumer Defensive | 4.0% |
| Energy | 3.5% |
| Utilities | 1.9% |
| Basic Materials | 1.7% |
| Real Estate | 1.5% |
By region: North America 98.9%, Europe Developed 1.2%.
QUAL returns and risk
| Year to date | +14.8% |
|---|---|
| 1 year | +16.8% |
| 3 years (annualised) | +20.5% |
| 5 years (annualised) | +12.9% |
| 10 years (annualised) | +14.5% |
| Volatility (3 years) | 11.5% |
| Sharpe ratio (3 years) | 1.23 |
Past returns do not guarantee future results.
QUAL: frequently asked questions
What does QUAL invest in?
iShares MSCI USA Quality Factor ETF invests in a portfolio of securities. Its largest holdings are Microsoft Corporation (8.1%), Apple Inc. (7.1%), NVIDIA Corporation (6.3%), Meta Platforms Inc. (4.5%), Lam Research Corp (3.6%).
What is the QUAL expense ratio?
0.15% a year: about $15.00 for every $10,000 invested.
What is the QUAL dividend yield?
0.83%. ATLAS does not hold the exact distribution dates for ETFs.
Will QUAL go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 57%, with a likely range (50%) of $219.57 to $228.34 from $222.73 today. It is a probability, not a prediction.
How has QUAL performed?
Year to date +14.8%, one year +16.8%, three years +20.5% a year, five years +12.9% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
- Vanguard Total Stock Market ETF (VTI)
- Schwab U.S. Dividend Equity ETF (SCHD)
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)
- Schwab U.S. Large-Cap ETF (SCHX)
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Morningstar Large-Cap ETF (VV)
- Dimensional U.S. Core Equity 2 ETF (DFAC)
- Schwab U.S. Broad Market ETF (SCHB)
Educational information, not investment advice. Disclaimer