QUAL vs ESGU: Holdings Overlap
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
ESGUiShares ESG Aware MSCI USA ETF
iShares · 287 holdings · $18.3B · as of 2026-05-31
Holdings snapshots are 31 days apart (QUAL: 2026-04-30, ESGU: 2026-05-31). 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 QUAL and ESGU?
iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121 positions; iShares ESG Aware MSCI USA ETF (ESGU, by iShares) holds 287. 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
- 85QUAL holds 121 · ESGU holds 287
- Weight in Shared Holdings
- QUAL 88%·ESGU 48%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
36 of 121 positions (11.4% of the fund) are not held by ESGU. Showing the top 30 by weight.
Sector Breakdown
| Sector | QUAL | ESGU |
|---|---|---|
| Information Technology | 34.4% | 38.9% |
| Financials | 11.6% | 11.4% |
| Communication Services | 11.0% | 9.8% |
| Consumer Discretionary | 9.8% | 9.2% |
| Industrials | 9.4% | 8.9% |
| Other Sectors | 23.6% | 21.7% |
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% |
| ESGU | +3.3% | +14.3% | +23.8% | +20.9% | +12.2% | — | 0.90% |
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 ESGU →
Shared Holdings(85)
The top 10 shared positions account for 63% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 6.50% | 7.77% | 6.50% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.27% | 6.83% | 6.27% |
 MSFTMicrosoft Corp. COM | 5.04% | 4.73% | 4.73% |
 GOOGAlphabet Inc. CAP STK CL C | 2.11% | 4.72% | 2.11% |
 METAMeta Platforms, Inc., Class A | 3.49% | 1.94% | 1.94% |
 LLYEli Lilly & Co. COM | 2.92% | 1.33% | 1.33% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.53% | 1.33% | 1.33% |
 VVisa, Inc., Class A | 3.08% | 0.95% | 0.95% |
 AMATApplied Materials Inc. COM | 2.45% | 0.72% | 0.72% |
 LRCXLam Research Corporation COM NEW | 3.22% | 0.71% | 0.71% |
 CATCaterpillar Inc COM | 2.52% | 0.69% | 0.69% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.11% | 0.63% | 0.63% |
 MAMasterCard Incorporated CL A | 2.30% | 0.63% | 0.63% |
 COSTCostco Wholesale Corporation COM | 1.31% | 0.61% | 0.61% |
 JNJJohnson & Johnson COM | 1.92% | 0.61% | 0.61% |
 PGThe Procter & Gamble Co. COM | 0.93% | 0.52% | 0.52% |
 KOCoca-Cola Co (The) COM | 0.75% | 0.48% | 0.48% |
 MRKMerck & Co., Inc COM | 1.08% | 0.44% | 0.44% |
 NFLXNetflix, Inc. COM | 1.99% | 0.44% | 0.44% |
 UNHUnitedHealth Group Inc. COM | 1.02% | 0.43% | 0.43% |
 SPGIS&P Global Inc COM | 0.45% | 0.38% | 0.38% |
 PGRThe Progressive Corporation COM | 0.40% | 0.38% | 0.38% |
 ADPAutomatic Data Processing, Inc. COM | 0.88% | 0.36% | 0.36% |
 QCOMQUALCOMM Inc. COM | 1.41% | 0.34% | 0.34% |
 GWWW.w. Grainger Inc. COM | 0.49% | 0.31% | 0.31% |
Frequently Asked Questions
How much do QUAL and ESGU overlap?
QUAL and ESGU overlap by 42.6% of portfolio weight. They share 85 holdings (QUAL holds 121 positions and ESGU holds 287), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QUAL and ESGU?
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 QUAL and ESGU?
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 QUAL own that ESGU doesn't?
36 positions (11.4% of QUAL) are unique to QUAL, led by WMT, NKE and LMT. In the other direction, 202 positions (52.3% of ESGU) are unique to ESGU.