DGRO vs JQUA vs QUAL vs SPHQ: holdings overlap, shared companies and scores
As of September 11, 2026, QUAL and SPHQ overlap most of DGRO, JQUA, QUAL and SPHQ, at 39.8% by weight, and DGRO and SPHQ least, at 17.3%. iShares Core Dividend Growth ETF (DGRO): U.S. dividend growth stocks. JPMorgan U.S. Quality Factor ETF (JQUA): U.S. high-quality equities. iShares MSCI USA Quality Factor ETF (QUAL): U.S. quality factor stocks. Invesco S&P 500 Quality ETF (SPHQ): High-quality S&P 500 stocks.
Updated September 11, 2026
How much do DGRO, JQUA, QUAL and SPHQ overlap?
As of September 11, 2026, of the six published pairs among DGRO, JQUA, QUAL and SPHQ, QUAL and SPHQ overlap most at 39.8% by weight, and DGRO and SPHQ least at 17.3%.
DGRO holds 393, JQUA holds 303, QUAL holds 121 and SPHQ holds 99 companies.
- QUAL and SPHQ: 39.8% by weight, 47 companies in both.
- JQUA and QUAL: 39.3% by weight, 81 companies in both.
- DGRO and JQUA: 34.9% by weight, 138 companies in both.
- JQUA and SPHQ: 30.7% by weight, 79 companies in both.
- DGRO and QUAL: 30.5% by weight, 71 companies in both.
- DGRO and SPHQ: 17.3% by weight, 49 companies in both.
Computed by ETF Copilot from these funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score DGRO, JQUA, QUAL and SPHQ?
As of September 11, 2026, ETF Copilot scores DGRO 5.3 out of 10, JQUA 5.9 out of 10, QUAL 5.1 out of 10 and SPHQ 4.7 out of 10.
They differ most on Risk: DGRO 8.8, JQUA 8.3, QUAL 7.9 and SPHQ 5.1.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | DGRO | JQUA | QUAL | SPHQ |
|---|---|---|---|---|
| Growth | 3.8 | 4.8 | 1.4 | 1.2 |
| Valuation | 0.8 | 1.7 | 1.2 | 1.5 |
| Risk | 8.8 | 8.3 | 7.9 | 5.1 |
| Quality | 6.9 | 7.8 | 9.5 | 8.7 |
| Return | 6.4 | 6.8 | 6.6 | 7.3 |
DGRO is the cheapest of the 4 at 0.08% a year
As of September 11, 2026, DGRO charges 0.08% a year, yields 2.06% and holds $43.6B in assets across 393 positions.
As of September 11, 2026, JQUA charges 0.12% a year, yields 1.21% and holds $8.7B in assets across 303 positions.
As of September 11, 2026, QUAL charges 0.15% a year, yields 0.94% and holds $47.5B in assets across 121 positions.
As of September 11, 2026, SPHQ charges 0.20% a year, yields 1.06% and holds $18.9B in assets across 99 positions.
| Measure | DGRO | JQUA | QUAL | SPHQ |
|---|---|---|---|---|
| Expense ratio | 0.08% | 0.12% | 0.15% | 0.20% |
| Dividend yield | 2.06% | 1.21% | 0.94% | 1.06% |
| Assets under management | $43.6B | $8.7B | $47.5B | $18.9B |
| Holdings | 393 | 303 | 121 | 99 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where DGRO, JQUA, QUAL and SPHQ trade against their own history
DGRO trades at 22.6 times earnings, against its own median of 19.0, and is more expensive than 92% of its own 114 monthly readings since 2017.
JQUA trades at 24.5 times earnings, against its own median of 21.0, and is more expensive than 91% of its own 107 monthly readings since 2017.
QUAL trades at 27.3 times earnings, against its own median of 21.2, and is more expensive than 86% of its own 114 monthly readings since 2017.
SPHQ trades at 26.1 times earnings, against its own median of 20.6, and is more expensive than 83% of its own 114 monthly readings since 2017.
What moved DGRO, JQUA, QUAL and SPHQ this week
DGRO fell 1.7% in the week to September 11, 2026. The holdings that moved it most were Amgen (−15.0%), Johnson & Johnson (−4.6%) and Merck (−5.5%); Exxon Mobil (+2.3%) pushed the other way.
JQUA fell 1.6% in the week to September 11, 2026. The holdings that moved it most were Palantir Technologies (−8.4%), Nvidia (−4.4%) and Johnson & Johnson (−4.6%); Advanced Micro Devices (+13.1%) pushed the other way.
QUAL fell 1.5% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and TJX (−4.7%); Meta Platforms (+6.1%) pushed the other way.
SPHQ fell 0.7% in the week to September 11, 2026. The holdings that moved it most were Netflix (−6.4%), Mastercard (−2.8%) and Adobe Systems (−11.7%); Qualcomm (+7.9%) pushed the other way.
What do DGRO, JQUA, QUAL and SPHQ each hold?
What's inside DGRO: Tech 17%, Magnificent 7 7%.
28% of DGRO is its ten largest holdings.
What's inside JQUA: Tech 45%, Semiconductors 15%.
20% of JQUA is its ten largest holdings.
What's inside QUAL: Tech 47%, Magnificent 7 29%.
44% of QUAL is its ten largest holdings.
What's inside SPHQ: Tech 39%, Memory 15%.
43% of SPHQ is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “DGRO vs JQUA vs QUAL vs SPHQ holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/dgro-vs-jqua-vs-qual-vs-sphq
- iShares Core Dividend Growth ETF (DGRO)
- JPMorgan U.S. Quality Factor ETF (JQUA)
- iShares MSCI USA Quality Factor ETF (QUAL)
- Invesco S&P 500 Quality ETF (SPHQ)
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