QUAL vs SPHQ: holdings overlap, shared companies and scores
As of October 28, 2026, QUAL and SPHQ overlap 39.7% by weight. 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 October 28, 2026
Where QUAL and SPHQ trade against their own history
QUAL trades at 27.1 times earnings, against its own median of 23.1, and is more expensive than 77% of its own last 9 years.
SPHQ trades at 24.5 times earnings, against its own median of 21.8, and is more expensive than 62% of its own last 9 years.
What moved QUAL this week
QUAL fell 1.3% in the week to October 28, 2026. The holdings that moved it most were Meta Platforms (−12.2%), Nvidia (−3.0%) and TJX (−4.9%); Lockheed Martin (+14.2%) pushed the other way.
What do QUAL and SPHQ each hold?
What's inside QUAL: Tech 42%, Magnificent 7 29%.
45% of QUAL is its ten largest holdings.
What's inside SPHQ: Tech 35%, Semiconductors 13%.
43% of SPHQ is its ten largest holdings.
How much do QUAL and SPHQ overlap? 39.7% by weight
As of October 28, 2026, QUAL and SPHQ overlap 39.7% by weight.
46% of QUAL is already inside SPHQ.
62% of SPHQ is already inside QUAL.
QUAL holds 121 companies and SPHQ holds 99; 47 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 QUAL and SPHQ? 6.4 and 6.7 out of 10
As of October 28, 2026, ETF Copilot scores QUAL 6.4 out of 10 and SPHQ 6.7 out of 10.
They differ most on Risk: QUAL 6.4 and SPHQ 7.4.
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 | QUAL | SPHQ |
|---|---|---|
| Growth | 6.3 | 6.0 |
| Value | 2.5 | 2.9 |
| Risk | 6.4 | 7.4 |
| Quality | 9.8 | 9.8 |
| Return | 6.9 | 7.4 |
QUAL is the cheaper of the two at 0.15% a year
As of October 28, 2026, QUAL charges 0.15% a year, yields 0.84% and holds $48.2B in assets across 121 positions.
As of October 28, 2026, SPHQ charges 0.20% a year, yields 1.02% and holds $18.7B in assets across 99 positions.
| Measure | QUAL | SPHQ |
|---|---|---|
| Expense ratio | 0.15% | 0.20% |
| Dividend yield | 0.84% | 1.02% |
| Assets under management | $48.2B | $18.7B |
| Holdings | 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.
Compare with similar funds
Cite this
ETF Copilot, “QUAL vs SPHQ holdings overlap and scores”, as of October 28, 2026.
https://etf-copilot.com/compare/qual-vs-sphq
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