QUAL vs XMHQ: holdings overlap, shared companies and scores

As of September 11, 2026, QUAL and XMHQ overlap 0.1% by weight. iShares MSCI USA Quality Factor ETF (QUAL): U.S. quality factor stocks. Invesco S&P MidCap Quality ETF (XMHQ): High-quality mid-cap stocks.

Updated September 11, 2026

How much do QUAL and XMHQ overlap?

As of September 11, 2026, QUAL and XMHQ overlap 0.1% by weight.

0% of QUAL is already inside XMHQ.

3% of XMHQ is already inside QUAL.

QUAL holds 121 companies and XMHQ holds 80; 1 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 XMHQ?

As of September 11, 2026, ETF Copilot scores QUAL 5.1 out of 10 and XMHQ 3.9 out of 10.

They differ most on Risk: QUAL 7.9 and XMHQ 3.4.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

QUAL vs XMHQ — ETF Copilot factor scores, 0–10
Factor	QUAL	XMHQ
Growth	1.4	0.5
Valuation	1.2	4.3
Risk	7.9	3.4
Quality	9.5	6.8
Return	6.6	5.3

QUAL is the cheaper of the two at 0.15% a year

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, XMHQ charges 0.30% a year, yields 0.92% and holds $5.5B in assets across 80 positions.

QUAL vs XMHQ — cost, income and size
Measure	QUAL	XMHQ
Expense ratio	0.15%	0.30%
Dividend yield	0.94%	0.92%
Assets under management	$47.5B	$5.5B
Holdings	121	80

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 QUAL and XMHQ trade against their own history

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.

XMHQ trades at 19.1 times earnings, against its own median of 17.0, and is more expensive than 74% of its own 88 monthly readings since 2019.

What moved QUAL and XMHQ this week

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.

XMHQ fell 3.1% in the week to September 11, 2026. The holdings that moved it most were Illumina (−6.9%), Manhattan Associates (−9.2%) and Technipfmc (−4.7%); Nvent Electric (+6.8%) pushed the other way.

What do QUAL and XMHQ each hold?

What's inside QUAL: Tech 47%, Magnificent 7 29%.

44% of QUAL is its ten largest holdings.

What's inside XMHQ: Tech 20%, Memory 2%.

32% of XMHQ is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “QUAL vs XMHQ holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/qual-vs-xmhq