iShares MSCI USA Quality Factor ETF

Frequently Asked Questions About QUAL

What does QUAL invest in?

The iShares MSCI USA Quality Factor ETF is structured to replicate the financial performance of an underlying index. This index is comprised of large and mid-sized American corporations, chosen for their superior quality attributes as determined by specific fundamental financial indicators.

What is the expense ratio of QUAL?

iShares MSCI USA Quality Factor ETF (QUAL) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QUAL?

iShares MSCI USA Quality Factor ETF (QUAL) manages $47.54B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QUAL actively managed or an index fund?

QUAL is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (QUAL's is 0.15%) because there's no security selection cost.

When was QUAL launched?

iShares MSCI USA Quality Factor ETF (QUAL) launched in July 2013 and is managed by IShares.

How has QUAL performed?

QUAL's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.