IVV vs QUAL: Holdings Overlap
iShares · 503 holdings · $901.0B · 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 (IVV: 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 IVV and QUAL?
iShares Core S&P 500 ETF (IVV, by iShares) holds 503 positions; iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121. They have 114 holdings in common, and by portfolio weight the two funds are 45.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 45.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 114IVV holds 503 · QUAL holds 121
- Weight in Shared Holdings
- IVV 48%·QUAL 99%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 IVV
389 of 503 positions (51.8% of the fund) are not held by QUAL. Showing the top 30 by weight.
Sector Breakdown
| Sector | IVV | QUAL |
|---|---|---|
| Information Technology | 32.6% | 34.4% |
| Financials | 12.6% | 11.6% |
| Communication Services | 10.5% | 11.0% |
| Consumer Discretionary | 9.8% | 9.8% |
| Health Care | 9.4% | 9.0% |
| Other Sectors | 24.8% | 24.0% |
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 |
|---|---|---|---|---|---|---|---|
| IVV | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.05% |
| 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 IVV vs QUAL →
Shared Holdings(114)
The top 10 shared positions account for 64% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.56% | 6.50% | 6.50% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.65% | 6.27% | 6.27% |
 MSFTMicrosoft Corp. COM | 4.91% | 5.04% | 4.91% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.99% | 2.53% | 2.53% |
 METAMeta Platforms, Inc., Class A | 2.23% | 3.49% | 2.23% |
 GOOGAlphabet Inc. CAP STK CL C | 2.39% | 2.11% | 2.11% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.57% | 2.11% | 1.57% |
 LLYEli Lilly & Co. COM | 1.30% | 2.92% | 1.30% |
 JNJJohnson & Johnson COM | 1.05% | 1.92% | 1.05% |
 WMTWalmart Inc COM | 0.97% | 1.23% | 0.97% |
 VVisa, Inc., Class A | 0.91% | 3.08% | 0.91% |
 COSTCostco Wholesale Corporation COM | 0.79% | 1.31% | 0.79% |
 MAMasterCard Incorporated CL A | 0.73% | 2.30% | 0.73% |
 NFLXNetflix, Inc. COM | 0.72% | 1.99% | 0.72% |
 PGThe Procter & Gamble Co. COM | 0.60% | 0.93% | 0.60% |
 CATCaterpillar Inc COM | 0.59% | 2.52% | 0.59% |
 MRKMerck & Co., Inc COM | 0.53% | 1.08% | 0.53% |
 KOCoca-Cola Co (The) COM | 0.53% | 0.75% | 0.53% |
 AMATApplied Materials Inc. COM | 0.48% | 2.45% | 0.48% |
 LRCXLam Research Corporation COM NEW | 0.48% | 3.22% | 0.48% |
 UNHUnitedHealth Group Inc. COM | 0.44% | 1.02% | 0.44% |
 LINLinde PLC COM EUR0.001 | 0.41% | 0.88% | 0.41% |
 PEPPepsico Inc COM | 0.38% | 0.46% | 0.38% |
 KLACKLA Corp. COM NEW | 0.34% | 2.78% | 0.34% |
 ABTAbbott Laboratories COM | 0.32% | 0.55% | 0.32% |
Frequently Asked Questions
How much do IVV and QUAL overlap?
IVV and QUAL overlap by 45.8% of portfolio weight. They share 114 holdings (IVV holds 503 positions and QUAL holds 121), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IVV and QUAL?
The two portfolios are 45.8% 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 IVV and QUAL?
The largest positions held by both funds are NVDA, AAPL, MSFT, GOOGL and META. Together the top 10 shared positions account for 64% of the total overlap.
What does IVV own that QUAL doesn't?
389 positions (51.8% of IVV) are unique to IVV, led by AMZN, AVGO and TSLA. In the other direction, 7 positions (1.1% of QUAL) are unique to QUAL.