QUAL vs DYNF: Holdings Overlap
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
DYNFiShares U.S. Equity Factor Rotation Active ETF
iShares · 187 holdings · $38.6B · as of 2026-04-30
How similar are QUAL and DYNF?
iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121 positions; iShares U.S. Equity Factor Rotation Active ETF (DYNF, by iShares) holds 187. They have 33 holdings in common, and by portfolio weight the two funds are 42.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 42.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33QUAL holds 121 · DYNF holds 187
- Weight in Shared Holdings
- QUAL 58%·DYNF 50%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 QUAL
88 of 121 positions (42.0% of the fund) are not held by DYNF. Showing the top 30 by weight.
Sector Breakdown
| Sector | QUAL | DYNF |
|---|---|---|
| Information Technology | 34.4% | 39.3% |
| Financials | 11.6% | 16.1% |
| Communication Services | 11.0% | 11.6% |
| Consumer Discretionary | 9.8% | 7.6% |
| Industrials | 9.4% | 8.6% |
| Other Sectors | 23.6% | 16.2% |
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 |
|---|---|---|---|---|---|---|---|
| QUAL | +3.6% | +14.1% | +23.7% | +19.0% | +11.5% | +14.4% | 0.84% |
| DYNF | +4.0% | +15.6% | +25.9% | +25.0% | +15.5% | — | 0.77% |
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 QUAL vs DYNF →
Shared Holdings(33)
The top 10 shared positions account for 79% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 6.50% | 8.57% | 6.50% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.27% | 7.71% | 6.27% |
 MSFTMicrosoft Corp. COM | 5.04% | 5.32% | 5.04% |
 LRCXLam Research Corporation COM NEW | 3.22% | 2.69% | 2.69% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.53% | 2.85% | 2.53% |
 METAMeta Platforms, Inc., Class A | 3.49% | 2.48% | 2.48% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.11% | 2.37% | 2.11% |
 GOOGAlphabet Inc. CAP STK CL C | 2.11% | 2.08% | 2.08% |
 JNJJohnson & Johnson COM | 1.92% | 1.91% | 1.91% |
 AMATApplied Materials Inc. COM | 2.45% | 1.40% | 1.40% |
 CATCaterpillar Inc COM | 2.52% | 1.27% | 1.27% |
 WMTWalmart Inc COM | 1.23% | 1.42% | 1.23% |
 NFLXNetflix, Inc. COM | 1.99% | 1.17% | 1.17% |
 LLYEli Lilly & Co. COM | 2.92% | 0.89% | 0.89% |
 TTTrane Technologies PLC COM USD1 | 0.83% | 0.71% | 0.71% |
 COSTCostco Wholesale Corporation COM | 1.31% | 0.45% | 0.45% |
 NEMNewmont Corporation COM | 0.42% | 0.49% | 0.42% |
 CMECME Group, Inc., Class A | 0.40% | 0.81% | 0.40% |
 VVisa, Inc., Class A | 3.08% | 0.36% | 0.36% |
 PGRThe Progressive Corporation COM | 0.40% | 0.34% | 0.34% |
 PLDPrologis Inc. COM | 0.57% | 0.31% | 0.31% |
 APPAppLovin Corp., Class A | 0.67% | 0.29% | 0.29% |
 TRVTravelers Companies, Inc. COM | 0.25% | 1.35% | 0.25% |
 EAElectronic Arts Inc. COM | 0.19% | 0.44% | 0.19% |
 HIGThe Hartford Insurance Group Inc. COM | 0.14% | 1.47% | 0.14% |
Frequently Asked Questions
How much do QUAL and DYNF overlap?
QUAL and DYNF overlap by 42.0% of portfolio weight. They share 33 holdings (QUAL holds 121 positions and DYNF holds 187), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QUAL and DYNF?
The two portfolios are 42.0% 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 QUAL and DYNF?
The largest positions held by both funds are NVDA, AAPL, MSFT, LRCX and GOOGL. Together the top 10 shared positions account for 79% of the total overlap.
What does QUAL own that DYNF doesn't?
88 positions (42.0% of QUAL) are unique to QUAL, led by TJX, KLAC and MA. In the other direction, 154 positions (49.7% of DYNF) are unique to DYNF.