FTCS vs QUAL: Holdings Overlap
FTCSFirst Trust Capital Strength ETF
First Trust · 50 holdings · $7.9B · as of 2026-03-31
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
Holdings snapshots are 30 days apart (FTCS: 2026-03-31, 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 FTCS and QUAL?
First Trust Capital Strength ETF (FTCS, by First Trust) holds 50 positions; iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121. They have 33 holdings in common, and by portfolio weight the two funds are 24.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 24.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33FTCS holds 50 · QUAL holds 121
- Weight in Shared Holdings
- FTCS 65%·QUAL 34%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 FTCS
17 of 50 positions (35.1% of the fund) are not held by QUAL.
Sector Breakdown
| Sector | FTCS | QUAL |
|---|---|---|
| Information Technology | 9.2% | 34.4% |
| Financials | 23.0% | 11.6% |
| Industrials | 21.5% | 9.4% |
| Consumer Staples | 17.0% | 4.9% |
| Health Care | 12.1% | 9.0% |
| Other Sectors | 17.2% | 30.6% |
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 |
|---|---|---|---|---|---|---|---|
| FTCS | +2.7% | +8.9% | +11.0% | +10.9% | +6.3% | +10.8% | 1.06% |
| 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 FTCS vs QUAL →
Shared Holdings(33)
The top 10 shared positions account for 66% of the overlap, led by TJX, AAPL and JNJ.
 TJXThe TJX Companies Inc. COM | 2.10% | 3.19% | 2.10% |
|---|---|---|---|
 AAPLApple Inc. COM | 2.05% | 6.27% | 2.05% |
 JNJJohnson & Johnson COM | 2.31% | 1.92% | 1.92% |
 MAMasterCard Incorporated CL A | 1.92% | 2.30% | 1.92% |
 VVisa, Inc., Class A | 1.90% | 3.08% | 1.90% |
 MSFTMicrosoft Corp. COM | 1.67% | 5.04% | 1.67% |
 COSTCostco Wholesale Corporation COM | 2.14% | 1.31% | 1.31% |
 WMTWalmart Inc COM | 2.15% | 1.23% | 1.23% |
 PGThe Procter & Gamble Co. COM | 2.07% | 0.93% | 0.93% |
 ADPAutomatic Data Processing, Inc. COM | 1.61% | 0.88% | 0.88% |
 LMTLockheed Martin Corporation COM | 2.15% | 0.88% | 0.88% |
 LINLinde PLC COM EUR0.001 | 2.34% | 0.88% | 0.88% |
 TTTrane Technologies PLC COM USD1 | 2.21% | 0.83% | 0.83% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 1.43% | 0.83% | 0.83% |
 KOCoca-Cola Co (The) COM | 2.23% | 0.75% | 0.75% |
 ABTAbbott Laboratories COM | 1.74% | 0.55% | 0.55% |
 PEPPepsico Inc COM | 2.20% | 0.46% | 0.46% |
 NVRNVR Inc COM | 1.80% | 0.42% | 0.42% |
 ADSKAutodesk Inc COM | 1.86% | 0.36% | 0.36% |
 MCOMoodys Corp. COM | 1.67% | 0.32% | 0.32% |
 MRSHMarsh & McLennan Companies, Inc. COM | 1.97% | 0.26% | 0.26% |
 PAYXPaychex Inc COM | 1.71% | 0.22% | 0.22% |
 AMPAmeriprise Financial, Inc. COM | 1.81% | 0.19% | 0.19% |
 AFLAflac Incorporated COM | 2.07% | 0.19% | 0.19% |
 MNSTMonster Beverage Corp COM | 1.92% | 0.16% | 0.16% |
Frequently Asked Questions
How much do FTCS and QUAL overlap?
FTCS and QUAL overlap by 24.0% of portfolio weight. They share 33 holdings (FTCS holds 50 positions and QUAL holds 121), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTCS and QUAL?
The two portfolios are 24.0% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FTCS and QUAL?
The largest positions held by both funds are TJX, AAPL, JNJ, MA and V. Together the top 10 shared positions account for 66% of the total overlap.
What does FTCS own that QUAL doesn't?
17 positions (35.1% of FTCS) are unique to FTCS, led by EOG, ROST and GILD. In the other direction, 88 positions (65.6% of QUAL) are unique to QUAL.