IWV vs QLV: holdings overlap, shared companies and scores
As of September 11, 2026, IWV and QLV overlap 44.2% by weight. iShares Russell 3000 ETF (IWV): U.S. total market index. Northern Trust US Quality Low Volatility ETF (QLV): U.S. quality low-vol stocks.
Updated September 11, 2026
How much do IWV and QLV overlap?
As of September 11, 2026, IWV and QLV overlap 44.2% by weight.
53% of IWV is already inside QLV.
97% of QLV is already inside IWV.
IWV holds 2,569 companies and QLV holds 120; 115 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score IWV and QLV?
As of September 11, 2026, ETF Copilot scores IWV 5.2 out of 10 and QLV 5.8 out of 10.
They differ most on Valuation: IWV 3.0 and QLV 8.3.
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 | IWV | QLV |
|---|---|---|
| Growth | 3.3 | 1.1 |
| Valuation | 3.0 | 8.3 |
| Risk | 4.8 | 9.3 |
| Quality | 8.0 | 8.5 |
| Return | 7.2 | 4.6 |
QLV is the cheaper of the two at 0.09% a year
As of September 11, 2026, IWV charges 0.20% a year, yields 1.11% and holds $20.5B in assets across 2569 positions.
As of September 11, 2026, QLV charges 0.09% a year, yields 1.52% and holds $166M in assets across 120 positions.
| Measure | IWV | QLV |
|---|---|---|
| Expense ratio | 0.20% | 0.09% |
| Dividend yield | 1.11% | 1.52% |
| Assets under management | $20.5B | $166M |
| Holdings | 2569 | 120 |
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 IWV and QLV trade against their own history
IWV trades at 24.7 times earnings, against its own median of 21.1, and is more expensive than 82% of its own 114 monthly readings since 2017.
QLV trades at 21.7 times earnings, against its own median of 23.1, and is cheaper than 76% of its own 87 monthly readings since 2019.
What moved IWV and QLV this week
IWV fell 1.2% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and Eli Lilly (−3.8%); Advanced Micro Devices (+13.1%) pushed the other way.
QLV fell 1.5% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Johnson & Johnson (−4.6%) and Microsoft (−2.8%); Apple (+1.2%) pushed the other way.
What do IWV and QLV each hold?
What's inside IWV: Tech 43%, Magnificent 7 30%.
34% of IWV is its ten largest holdings.
What's inside QLV: Tech 36%, Magnificent 7 27%.
37% of QLV is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “IWV vs QLV holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/iwv-vs-qlv
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