iShares MSCI USA Quality Factor ETF (QUAL)
Look-through valuation · Style & factor · Expense ratio 0.15 % · ISIN US46432F3394
Price history (since 2013)
Monthly close since 2013. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Apple Inc. AAPL | 6.8 % | −62.5 % | 83 |
| NVIDIA Corporation NVDA | 6.2 % | −54.4 % | 68 |
| Microsoft Corporation MSFT | 5.9 % | −30.7 % | 59 |
| Meta Platforms Inc. META | 4.4 % | −21.5 % | 60 |
| Lam Research Corp LRCX | 4.1 % | −79.4 % | 79 |
| The TJX Companies Inc TJX | 3.8 % | −43.7 % | 70 |
| Eli Lilly and Company LLY | 3.7 % | −65.7 % | 73 |
| Applied Materials Inc AMAT | 3.6 % | −75.3 % | 75 |
| KLA Corporation KLAC | 3.1 % | −75.1 % | 73 |
| Visa Inc. Class A V | 3.1 % | −42.5 % | 77 |
| Mastercard Inc MA | 2.1 % | −58.5 % | 75 |
| Alphabet Inc Class A GOOGL | 2.1 % | n/a | n/a |
| Johnson & Johnson JNJ | 2.0 % | −31.6 % | 84 |
| Exxon Mobil Corp XOM | 2.0 % | −37.5 % | 60 |
| BRKB BRKB | 1.8 % | n/a | n/a |
| Netflix Inc NFLX | 1.8 % | −33.0 % | 65 |
| Alphabet Inc Class C GOOG | 1.6 % | −60.7 % | 73 |
| Arista Networks ANET | 1.4 % | −75.1 % | 72 |
| Ross Stores Inc ROST | 1.4 % | −47.6 % | 78 |
| Fortinet Inc FTNT | 1.2 % | −72.0 % | 80 |
| Merck & Company Inc MRK | 1.2 % | +3.2 % | 74 |
| Linde plc Ordinary Shares LIN | 1.1 % | −56.5 % | 71 |
| Automatic Data Processing Inc ADP | 1.1 % | −28.3 % | 65 |
| Costco Wholesale Corp COST | 1.1 % | −58.2 % | 61 |
| Walmart Inc. WMT | 1.0 % | −56.8 % | 62 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 125 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
How the look-through works
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives iShares MSCI USA Quality Factor ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Jul 17, 2026
No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.