Northern Trust US Quality Large Cap ETF (QLC) is a multi-factor ETF. As of October 9, 2026, ETF Copilot scores QLC 7.0 out of 10 — highest on Quality (8.6), lowest on Value (4.5). It trades at 20.0 times earnings, against its own median of 18.6. Its ten largest holdings are 37% of the fund.
What stands out in QLC's data
Tracks U.S. large-cap quality stocks using a multi-factor approach.
Has returned more than most multi-factor peers — that edge has already shown up in your account.
A 3-year annualized return of 25% outpaces the 18% category median. Profitability runs at 30.2% return on invested capital, and analysts project 19.2% growth ahead.
Functions as a quality-focused allocation for a portfolio already holding broad U.S. large-cap equities.
Why did QLC move this week? It rose 0.9% in the week to October 9, 2026 — Microsoft and Amazon.com drove it
QLC rose 0.9% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Amazon.com (+4.3%) and Alphabet (+2.4%); Nvidia (−2.0%) pushed the other way.
How is QLC rated? ETF Copilot scores Northern Trust US Quality Large Cap ETF (QLC) 7.0 out of 10
As of October 9, 2026, ETF Copilot scores Northern Trust US Quality Large Cap ETF (QLC) 7.0 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 7.0 / 10
- Growth: 6.2 / 10
- Value: 4.5 / 10
- Risk: 6.9 / 10
- Quality: 8.6 / 10
- Return: 8.5 / 10
Is QLC expensive right now? It trades at 20.0 times earnings, against its own median of 18.6
As of October 9, 2026, QLC is more expensive than 60% of its own 115 monthly readings since 2017 — 69 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside QLC? 45% Tech
What's inside QLC: Size (Large 86%, Mid 14%, Small 0%); Geography (International 2%, US 98%); Tech 44.6%; Magnificent 7 30.2%; AI 21.7%; Semiconductors 17.8%; Memory 15.4%.
What are QLC's top holdings? The ten largest are 37% of the fund
Nvidia, Apple, Microsoft, Alphabet, Broadcom, Amazon.com, Micron Technology, Jpmorgan Chase & and Facebook are QLC's largest holdings, in that order.
More concentrated than 75% of Multi-factor ETFs.
Half of QLC's weight sits in its 21 largest positions, and once those weights are taken into account it behaves like 47 equally weighted holdings.
What is QLC's expense ratio? 0.26% a year
As of October 9, 2026, QLC charges 0.26% a year, yields 0.93% and holds $1.1B in assets across 156 positions.
| Measure | QLC |
|---|---|
| Expense ratio | 0.26% |
| Dividend yield | 0.93% |
| Assets under management | $1.1B |
| Holdings | 156 |
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.
Cite this
ETF Copilot, “Northern Trust US Quality Large Cap ETF (QLC) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/qlc
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