QUAL vs OMFL: Holdings Overlap
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
OMFLInvesco Russell 1000 Dynamic Multifactor ETF
Invesco · 478 holdings · $4.8B · as of 2026-05-31
Holdings snapshots are 31 days apart (QUAL: 2026-04-30, OMFL: 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 OMFL?
iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121 positions; Invesco Russell 1000 Dynamic Multifactor ETF (OMFL, by Invesco) holds 478. They have 109 holdings in common, and by portfolio weight the two funds are 52.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 52.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 109QUAL holds 121 · OMFL holds 478
- Weight in Shared Holdings
- QUAL 96%·OMFL 64%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
12 of 121 positions (3.4% of the fund) are not held by OMFL.
Sector Breakdown
| Sector | QUAL | OMFL |
|---|---|---|
| Information Technology | 34.4% | 33.6% |
| Financials | 11.6% | 11.1% |
| Communication Services | 11.0% | 11.2% |
| Consumer Discretionary | 9.8% | 9.4% |
| Health Care | 9.0% | 9.8% |
| Other Sectors | 24.0% | 24.8% |
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% |
| OMFL | +3.5% | +17.0% | +23.0% | +13.4% | +9.8% | — | 0.78% |
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 OMFL →
Shared Holdings(109)
The top 10 shared positions account for 56% of the overlap, led by AAPL, NVDA and MSFT.
 AAPLApple Inc. COM | 6.27% | 8.57% | 6.27% |
|---|---|---|---|
 NVDANVIDIA Corp. COM | 6.50% | 5.05% | 5.05% |
 MSFTMicrosoft Corp. COM | 5.04% | 3.14% | 3.14% |
 VVisa, Inc., Class A | 3.08% | 2.59% | 2.59% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.53% | 4.38% | 2.53% |
 LRCXLam Research Corporation COM NEW | 3.22% | 2.17% | 2.17% |
 GOOGAlphabet Inc. CAP STK CL C | 2.11% | 3.53% | 2.11% |
 METAMeta Platforms, Inc., Class A | 3.49% | 1.84% | 1.84% |
 MAMasterCard Incorporated CL A | 2.30% | 1.76% | 1.76% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.11% | 1.54% | 1.54% |
 QCOMQUALCOMM Inc. COM | 1.41% | 2.75% | 1.41% |
 COSTCostco Wholesale Corporation COM | 1.31% | 1.34% | 1.31% |
 AMATApplied Materials Inc. COM | 2.45% | 1.19% | 1.19% |
 TJXThe TJX Companies Inc. COM | 3.19% | 1.11% | 1.11% |
 WMTWalmart Inc COM | 1.23% | 1.10% | 1.10% |
 MRKMerck & Co., Inc COM | 1.08% | 1.03% | 1.03% |
 KLACKLA Corp. COM NEW | 2.78% | 0.97% | 0.97% |
 ADBEAdobe Inc COM | 1.19% | 0.94% | 0.94% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.83% | 0.78% | 0.78% |
 JNJJohnson & Johnson COM | 1.92% | 0.73% | 0.73% |
 ABTAbbott Laboratories COM | 0.55% | 0.53% | 0.53% |
 PGThe Procter & Gamble Co. COM | 0.93% | 0.51% | 0.51% |
 GWWW.w. Grainger Inc. COM | 0.49% | 0.46% | 0.46% |
 FASTFastenal Co. COM | 0.44% | 0.48% | 0.44% |
 NEMNewmont Corporation COM | 0.42% | 0.70% | 0.42% |
Frequently Asked Questions
How much do QUAL and OMFL overlap?
QUAL and OMFL overlap by 52.1% of portfolio weight. They share 109 holdings (QUAL holds 121 positions and OMFL holds 478), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QUAL and OMFL?
The two portfolios are 52.1% 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 OMFL?
The largest positions held by both funds are AAPL, NVDA, MSFT, V and GOOGL. Together the top 10 shared positions account for 56% of the total overlap.
What does QUAL own that OMFL doesn't?
12 positions (3.4% of QUAL) are unique to QUAL, led by OKLO, FANG and CDNS. In the other direction, 369 positions (36.0% of OMFL) are unique to OMFL.