ATLASState Street SPDR MSCI USA StrategicFactors ETF (QUS): outlook, holdings and fees
State Street SPDR MSCI USA StrategicFactors ETF (QUS) is an exchange-traded fund and is managed by State Street Investment Management. The expense ratio is 0.15% and the yield is 1.32%. The ten largest holdings are 23% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on QUS
| Last price | $197.45 (+0.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 59% |
| Likely 1-month range (50%) | $195.32 – $201.80 |
| Normal 1-day range (±1σ) | ±0.6% |
| Distribution yield | 1.32% |
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.
QUS fund facts
| Issuer | State Street Investment Management |
|---|---|
| Theme | US large caps |
| Assets under management | $1.6B |
| Expense ratio | 0.15% |
| Number of holdings | 50 |
| Portfolio turnover | 20% |
| Inception | Apr 15, 2015 |
| Exchange | NYSE |
The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index.
QUS top holdings
| Holding | Sector | Weight |
|---|---|---|
| Microsoft Corporation MSFT | Technology | 3.78% |
| Apple Inc. AAPL | Technology | 3.26% |
| NVIDIA Corporation NVDA | Technology | 2.81% |
| Meta Platforms Inc. META | Communication Services | 2.47% |
| Eli Lilly and Company LLY | Healthcare | 2.12% |
| Visa Inc. Class A V | Financial Services | 2.01% |
| Johnson & Johnson JNJ | Healthcare | 1.97% |
| Mastercard Inc MA | Financial Services | 1.55% |
| Merck & Company Inc MRK | Healthcare | 1.43% |
| Cisco Systems Inc CSCO | Technology | 1.40% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
QUS sector breakdown
| Sector | Weight |
|---|---|
| Technology | 31.4% |
| Financial Services | 15.8% |
| Healthcare | 13.9% |
| Consumer Defensive | 8.3% |
| Communication Services | 8.0% |
| Industrials | 7.3% |
| Consumer Cyclicals | 5.3% |
| Energy | 3.8% |
| Utilities | 3.3% |
| Basic Materials | 1.5% |
| Real Estate | 1.4% |
By region: North America 98.8%, Europe Developed 0.8%, Asia Emerging 0.2%, Latin America 0.2%.
QUS returns and risk
| Year to date | +12.8% |
|---|---|
| 1 year | +17.1% |
| 3 years (annualised) | +18.0% |
| 5 years (annualised) | +11.6% |
| 10 years (annualised) | +13.5% |
| Volatility (3 years) | 10.5% |
| Sharpe ratio (3 years) | 1.19 |
Past returns do not guarantee future results.
QUS: frequently asked questions
What does QUS invest in?
State Street SPDR MSCI USA StrategicFactors ETF invests in a portfolio of securities. Its largest holdings are Microsoft Corporation (3.8%), Apple Inc. (3.3%), NVIDIA Corporation (2.8%), Meta Platforms Inc. (2.5%), Eli Lilly and Company (2.1%).
What is the QUS expense ratio?
0.15% a year: about $15.00 for every $10,000 invested.
What is the QUS dividend yield?
1.32%. ATLAS does not hold the exact distribution dates for ETFs.
Will QUS go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 59%, with a likely range (50%) of $195.32 to $201.80 from $197.45 today. It is a probability, not a prediction.
How has QUS performed?
Year to date +12.8%, one year +17.1%, three years +18.0% a year, five years +11.6% 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)
- iShares MSCI USA Quality Factor ETF (QUAL)
Educational information, not investment advice. Disclaimer