State Street SPDR MSCI USA StrategicFactors ETF (QUS) is a multi-factor ETF. As of October 9, 2026, ETF Copilot scores QUS 6.1 out of 10 — highest on Risk (8.7), lowest on Value (2.5). It trades at 23.3 times earnings, against its own median of 21.4. Its ten largest holdings are 23% of the fund.
What stands out in QUS's data
U.S. multi-factor stocks screened for quality and value traits.
Trades at a richer price than most multi-factor peers — you pay more for the earnings it holds.
Carries EBITDA multiple of 17.2x, well above the category median of 13.5x and its own 14.5x historical median. Holds 514 stocks and a return on equity of 25.3%.
A broad quality-and-value tilt for a portfolio that can accept a higher entry price.
Why did QUS move this week? It rose 1.8% in the week to October 9, 2026 — Visa and Microsoft drove it
QUS rose 1.8% in the week to October 9, 2026. The holdings that moved it most were Visa (+6.9%), Microsoft (+3.4%) and Palantir Technologies (+10.8%); Lam Research (−8.2%) pushed the other way.
How is QUS rated? ETF Copilot scores State Street SPDR MSCI USA StrategicFactors ETF (QUS) 6.1 out of 10
As of October 9, 2026, ETF Copilot scores State Street SPDR MSCI USA StrategicFactors ETF (QUS) 6.1 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.1 / 10
- Growth: 4.9 / 10
- Value: 2.5 / 10
- Risk: 8.7 / 10
- Quality: 8.1 / 10
- Return: 6.7 / 10
Is QUS expensive right now? It trades at 23.3 times earnings, against its own median of 21.4
As of October 9, 2026, QUS is more expensive than 70% of its own 115 monthly readings since 2017 — 81 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 QUS? 33% Tech
What's inside QUS: Size (Large 93%, Mid 8%, Small 0%); Geography (International 5%, US 96%); Tech 32.6%; Magnificent 7 16.1%; AI 12.8%; Semiconductors 9.0%; Memory 7.0%.
What are QUS's top holdings? The ten largest are 23% of the fund
Microsoft, Apple, Nvidia, Facebook, Eli Lilly, Visa, Johnson + Johnson, Mastercard, Merck and Cisco Systems are QUS's largest holdings, in that order.
Less concentrated than 52% of Multi-factor ETFs.
Half of QUS's weight sits in its 41 largest positions, and once those weights are taken into account it behaves like 103 equally weighted holdings.
What is QUS's expense ratio? 0.15% a year
As of October 9, 2026, QUS charges 0.15% a year, yields 1.25% and holds $1.6B in assets across 514 positions.
| Measure | QUS |
|---|---|
| Expense ratio | 0.15% |
| Dividend yield | 1.25% |
| Assets under management | $1.6B |
| Holdings | 514 |
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, “State Street SPDR MSCI USA StrategicFactors ETF (QUS) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/qus
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