PRF vs QUAL: Holdings Overlap
Invesco · 1003 holdings · $10.0B · as of 2026-04-30
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
How similar are PRF and QUAL?
Invesco RAFI US 1000 ETF (PRF, by Invesco) holds 1003 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 28.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 28.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 114PRF holds 1003 · QUAL holds 121
- Weight in Shared Holdings
- PRF 31%·QUAL 95%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 PRF
889 of 1003 positions (69.5% of the fund) are not held by QUAL. Showing the top 30 by weight.
Sector Breakdown
| Sector | PRF | QUAL |
|---|---|---|
| Information Technology | 20.1% | 34.4% |
| Financials | 16.1% | 11.6% |
| Health Care | 11.7% | 9.0% |
| Communication Services | 10.2% | 11.0% |
| Consumer Discretionary | 8.7% | 9.8% |
| Other Sectors | 33.2% | 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 |
|---|---|---|---|---|---|---|---|
| PRF | +2.9% | +20.0% | +33.4% | +20.5% | +13.5% | +13.8% | 1.33% |
| 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 PRF vs QUAL →
Shared Holdings(114)
The top 10 shared positions account for 58% of the overlap, led by AAPL, GOOGL and MSFT.
 AAPLApple Inc. COM | 4.08% | 6.27% | 4.08% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 4.79% | 2.53% | 2.53% |
 MSFTMicrosoft Corp. COM | 2.17% | 5.04% | 2.17% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.69% | 2.11% | 1.69% |
 METAMeta Platforms, Inc., Class A | 1.42% | 3.49% | 1.42% |
 JNJJohnson & Johnson COM | 1.09% | 1.92% | 1.09% |
 UNHUnitedHealth Group Inc. COM | 1.17% | 1.02% | 1.02% |
 WMTWalmart Inc COM | 0.94% | 1.23% | 0.94% |
 MRKMerck & Co., Inc COM | 0.69% | 1.08% | 0.69% |
 PGThe Procter & Gamble Co. COM | 0.66% | 0.93% | 0.66% |
 CATCaterpillar Inc COM | 0.58% | 2.52% | 0.58% |
 NVDANVIDIA Corp. COM | 0.56% | 6.50% | 0.56% |
 COSTCostco Wholesale Corporation COM | 0.45% | 1.31% | 0.45% |
 QCOMQUALCOMM Inc. COM | 0.44% | 1.41% | 0.44% |
 AMATApplied Materials Inc. COM | 0.43% | 2.45% | 0.43% |
 PEPPepsico Inc COM | 0.40% | 0.46% | 0.40% |
 LRCXLam Research Corporation COM NEW | 0.35% | 3.22% | 0.35% |
 VVisa, Inc., Class A | 0.32% | 3.08% | 0.32% |
 LMTLockheed Martin Corporation COM | 0.32% | 0.88% | 0.32% |
 KOCoca-Cola Co (The) COM | 0.31% | 0.75% | 0.31% |
 LINLinde PLC COM EUR0.001 | 0.28% | 0.88% | 0.28% |
 LLYEli Lilly & Co. COM | 0.27% | 2.92% | 0.27% |
 ABTAbbott Laboratories COM | 0.24% | 0.55% | 0.24% |
 SLBSLB Ltd. COM USD0.01 | 0.23% | 1.56% | 0.23% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.22% | 0.83% | 0.22% |
Frequently Asked Questions
How much do PRF and QUAL overlap?
PRF and QUAL overlap by 28.1% of portfolio weight. They share 114 holdings (PRF holds 1003 positions and QUAL holds 121), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PRF and QUAL?
The two portfolios are 28.1% 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 PRF and QUAL?
The largest positions held by both funds are AAPL, GOOGL, MSFT, BRK-B and META. Together the top 10 shared positions account for 58% of the total overlap.
What does PRF own that QUAL doesn't?
889 positions (69.5% of PRF) are unique to PRF, led by INTC, AMZN and XOM. In the other direction, 7 positions (4.9% of QUAL) are unique to QUAL.