QUAL vs VOO: Holdings Overlap
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
Holdings snapshots are 30 days apart (QUAL: 2026-04-30, VOO: 2026-03-31). 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 VOO?
iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. 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
- 114QUAL holds 121 · VOO holds 504
- Weight in Shared Holdings
- QUAL 99%·VOO 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
7 of 121 positions (1.1% of the fund) are not held by VOO.
Sector Breakdown
| Sector | QUAL | VOO |
|---|---|---|
| Information Technology | 34.4% | 32.7% |
| Financials | 11.6% | 12.4% |
| Communication Services | 11.0% | 10.5% |
| Consumer Discretionary | 9.8% | 9.9% |
| Health Care | 9.0% | 9.5% |
| Other Sectors | 24.0% | 24.9% |
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% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOO →
Shared Holdings(114)
The top 10 shared positions account for 64% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 6.50% | 7.58% | 6.50% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.27% | 6.66% | 6.27% |
 MSFTMicrosoft Corp. COM | 5.04% | 4.91% | 4.91% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.53% | 2.99% | 2.53% |
 METAMeta Platforms, Inc., Class A | 3.49% | 2.24% | 2.24% |
 GOOGAlphabet Inc. CAP STK CL C | 2.11% | 2.40% | 2.11% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.11% | 1.57% | 1.57% |
 LLYEli Lilly & Co. COM | 2.92% | 1.30% | 1.30% |
 JNJJohnson & Johnson COM | 1.92% | 1.05% | 1.05% |
 WMTWalmart Inc COM | 1.23% | 0.97% | 0.97% |
 VVisa, Inc., Class A | 3.08% | 0.89% | 0.89% |
 COSTCostco Wholesale Corporation COM | 1.31% | 0.79% | 0.79% |
 MAMasterCard Incorporated CL A | 2.30% | 0.73% | 0.73% |
 NFLXNetflix, Inc. COM | 1.99% | 0.73% | 0.73% |
 PGThe Procter & Gamble Co. COM | 0.93% | 0.60% | 0.60% |
 CATCaterpillar Inc COM | 2.52% | 0.59% | 0.59% |
 MRKMerck & Co., Inc COM | 1.08% | 0.53% | 0.53% |
 KOCoca-Cola Co (The) COM | 0.75% | 0.53% | 0.53% |
 AMATApplied Materials Inc. COM | 2.45% | 0.48% | 0.48% |
 LRCXLam Research Corporation COM NEW | 3.22% | 0.48% | 0.48% |
 UNHUnitedHealth Group Inc. COM | 1.02% | 0.44% | 0.44% |
 LINLinde PLC COM EUR0.001 | 0.88% | 0.41% | 0.41% |
 PEPPepsico Inc COM | 0.46% | 0.38% | 0.38% |
 KLACKLA Corp. COM NEW | 2.78% | 0.35% | 0.35% |
 ABTAbbott Laboratories COM | 0.55% | 0.32% | 0.32% |
Frequently Asked Questions
How much do QUAL and VOO overlap?
QUAL and VOO overlap by 45.8% of portfolio weight. They share 114 holdings (QUAL holds 121 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QUAL and VOO?
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 QUAL and VOO?
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 QUAL own that VOO doesn't?
7 positions (1.1% of QUAL) are unique to QUAL, led by OKLO, CSL and UTHR. In the other direction, 390 positions (51.7% of VOO) are unique to VOO.