ESGU vs QUAL: Holdings Overlap
ESGUiShares ESG Aware MSCI USA ETF
iShares · 287 holdings · $18.3B · as of 2026-05-31
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
Holdings snapshots are 31 days apart (ESGU: 2026-05-31, QUAL: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ESGU and QUAL?
iShares ESG Aware MSCI USA ETF (ESGU, by iShares) holds 287 positions; iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121. They have 85 holdings in common, and by portfolio weight the two funds are 42.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 42.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 85ESGU holds 287 · QUAL holds 121
- Weight in Shared Holdings
- ESGU 48%·QUAL 88%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ESGU
202 of 287 positions (52.3% of the fund) are not held by QUAL. Showing the top 30 by weight.
Sector Breakdown
| Sector | ESGU | QUAL |
|---|---|---|
| Information Technology | 38.9% | 34.4% |
| Financials | 11.4% | 11.6% |
| Communication Services | 9.8% | 11.0% |
| Consumer Discretionary | 9.2% | 9.8% |
| Industrials | 8.9% | 9.4% |
| Other Sectors | 21.7% | 23.6% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGU | +3.3% | +14.3% | +23.8% | +20.9% | +12.2% | — | 0.90% |
| QUAL | +3.6% | +14.1% | +23.7% | +19.0% | +11.5% | +14.4% | 0.84% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ESGU vs QUAL →
Shared Holdings(85)
The top 10 shared positions account for 63% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.77% | 6.50% | 6.50% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.83% | 6.27% | 6.27% |
 MSFTMicrosoft Corp. COM | 4.73% | 5.04% | 4.73% |
 GOOGAlphabet Inc. CAP STK CL C | 4.72% | 2.11% | 2.11% |
 METAMeta Platforms, Inc., Class A | 1.94% | 3.49% | 1.94% |
 LLYEli Lilly & Co. COM | 1.33% | 2.92% | 1.33% |
 GOOGLAlphabet Inc. CAP STK CL A | 1.33% | 2.53% | 1.33% |
 VVisa, Inc., Class A | 0.95% | 3.08% | 0.95% |
 AMATApplied Materials Inc. COM | 0.72% | 2.45% | 0.72% |
 LRCXLam Research Corporation COM NEW | 0.71% | 3.22% | 0.71% |
 CATCaterpillar Inc COM | 0.69% | 2.52% | 0.69% |
 BRK-BBerkshire Hathaway, Inc., Class B | 0.63% | 2.11% | 0.63% |
 MAMasterCard Incorporated CL A | 0.63% | 2.30% | 0.63% |
 COSTCostco Wholesale Corporation COM | 0.61% | 1.31% | 0.61% |
 JNJJohnson & Johnson COM | 0.61% | 1.92% | 0.61% |
 PGThe Procter & Gamble Co. COM | 0.52% | 0.93% | 0.52% |
 KOCoca-Cola Co (The) COM | 0.48% | 0.75% | 0.48% |
 MRKMerck & Co., Inc COM | 0.44% | 1.08% | 0.44% |
 NFLXNetflix, Inc. COM | 0.44% | 1.99% | 0.44% |
 UNHUnitedHealth Group Inc. COM | 0.43% | 1.02% | 0.43% |
 SPGIS&P Global Inc COM | 0.38% | 0.45% | 0.38% |
 PGRThe Progressive Corporation COM | 0.38% | 0.40% | 0.38% |
 ADPAutomatic Data Processing, Inc. COM | 0.36% | 0.88% | 0.36% |
 QCOMQUALCOMM Inc. COM | 0.34% | 1.41% | 0.34% |
 GWWW.w. Grainger Inc. COM | 0.31% | 0.49% | 0.31% |
Frequently Asked Questions
How much do ESGU and QUAL overlap?
ESGU and QUAL overlap by 42.6% of portfolio weight. They share 85 holdings (ESGU holds 287 positions and QUAL holds 121), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGU and QUAL?
The two portfolios are 42.6% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of ESGU and QUAL?
The largest positions held by both funds are NVDA, AAPL, MSFT, GOOG and META. Together the top 10 shared positions account for 63% of the total overlap.
What does ESGU own that QUAL doesn't?
202 positions (52.3% of ESGU) are unique to ESGU, led by AMZN, AVGO and TSLA. In the other direction, 36 positions (11.4% of QUAL) are unique to QUAL.