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FQALvsILCBETF Comparison

ETF 1

FQAL

Fidelity Quality Factor ETF

This fund is part of

US Multi-Factor

-0.15%

Full FQAL fund page

VS

ETF 2

ILCB

iShares Morningstar U.S. Equity ETF

This fund is part of

US Large Cap

-0.08%

Full ILCB fund page

Fidelity Quality Factor ETF (FQAL) belongs to the US Multi-Factor segment. iShares Morningstar U.S. Equity ETF (ILCB) is part of the US Large Cap segment. FQAL's top 3 sector exposures are Technology, Finance and Healthcare. In contrast, ILCB's top sector exposures are Technology, Finance and Consumer Non-Cyclicals. FQAL is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.03% for ILCB. FQAL is up 8.63% year-to-date (YTD) with +$144M in YTD flows. ILCB performs better with 9.02% YTD performance, and -$14M in YTD flows. Run a side-by-side ETF comparison of FQAL and ILCB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FQAL vs ILCB performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 07/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FQAL ILCB	+2.35%+0.68%	+4.89%+3.82%	+8.63%+9.02%	+16.18%+17.60%	+63.27%+69.77%	+70.06%+75.48%
Flows	FQAL ILCB	-$12M+$10M	-$20M+$126K	+$144M-$14M	+$167M+$4M	+$634M-$57M	+$712M-$168M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FQAL ILCB	+10.46%+13.20%	+11.47%+12.97%	+13.98%+15.26%	+16.28%+17.35%
Max drawdown	FQAL ILCB	-3.20%-4.59%	-8.44%-9.09%	-16.70%-19.10%	-25.39%-25.46%
Max drawdown duration	FQAL ILCB	8d52d	50d76d	126d126d	750d715d

Trading data

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	FQAL	ILCB
Last sale 7/27/2026 at 1:30 PM	$81.84	$102.35
Previous close 07/24/2026	$81.54	$102.29
Consolidated volume 07/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

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	FQAL	ILCB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/27/2026 at 1:30 PM

Live

Closed

	FQAL	ILCB
Last price	$81.84	$102.35
1D performance	+0.37%	+0.06%
AuM	$1.40 B	$1.26 B
E/R	0.15%	0.03%

Characteristics

	FQAL	ILCB
Management strategy	Passive	Passive
Provider	Fidelity	iShares
Benchmark	Fidelity U.S. Quality Factor Index	Morningstar US Large-Mid Cap Index
N° of holdings	123	520
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	September 12, 2016	June 28, 2004
ESG	No	No

More FQAL data on Trackinsight

More ILCB data on Trackinsight

Exposure

Countries

FQAL

USA

98.93%

Other

1.07%

ILCB

USA

97.48%

Other

2.52%

Sectors

FQAL

Technology

43.14%

Finance

13.02%

Healthcare

9.33%

Industrials

7.98%

Other

26.52%

ILCB

Technology

45.52%

Finance

13.04%

Consumer Non-Cycl.

8.78%

Healthcare

8.74%

Industrials

8.31%

Other

15.61%

Diversification

FQAL

Total weight of top 15 holdings out of 15

44.65%

ILCB

Total weight of top 15 holdings out of 15

42.15%

Top 15 holdings

Data as of June 30, 2026

FQAL

NVIDIA Corp.

7.60%

Apple, Inc.

6.84%

Alphabet, Inc.

5.45%

Microsoft Corp.

4.65%

Broadcom Inc.

3.24%

Applied Materials, Inc.

1.95%

Meta Platforms, Inc.

1.95%

Eli Lilly & Co.

1.91%

JPMorgan Chase & Co.

1.90%

Lam Research Corp.

1.75%

KLA Corp.

1.58%

Seagate Technology Holdings Plc

1.54%

Cisco Systems, Inc.

1.48%

Visa, Inc.

1.41%

Johnson & Johnson

1.40%

ILCB

NVIDIA Corp.

7.16%

Apple, Inc.

6.48%

Microsoft Corp.

4.23%

Amazon.com, Inc.

3.57%

Alphabet, Inc.

3.19%

Broadcom Inc.

2.68%

Alphabet, Inc.

2.54%

Micron Technology, Inc.

1.98%

Meta Platforms, Inc.

1.88%

Tesla, Inc.

1.81%

Eli Lilly & Co.

1.47%

Advanced Micro Devices, Inc.

1.44%

Berkshire Hathaway, Inc.

1.42%

JPMorgan Chase & Co.

1.35%

Johnson & Johnson

0.93%

Frequently asked questions about FQAL and ILCB

How have the FQAL and ILCB ETFs performed in 2026?

As of July 24, 2026, FQAL is up 8.63% year-to-date (YTD), while ILCB has returned 9.02%. That puts ILCB better performer ahead so far this year.

Which ETF is attracting more investor money: FQAL or ILCB?

Year-to-date, the FQAL ETF saw +$144M in flows, compared to -$14M for ILCB.

Which ETF is more volatile: FQAL or ILCB?

Over the past year, FQAL had a volatility of 11.47%, while ILCB experienced 12.97%.

Which ETF is bigger: FQAL or ILCB?

As of July 24, 2026, FQAL holds $1.40 B in assets under management (AUM), while ILCB manages $1.26 B.

What sectors do the FQAL and ILCB ETFs invest in?

FQAL leans toward sectors like Technology, Finance and Healthcare. Meanwhile, ILCB focuses on Technology, Finance and Consumer Non-Cyclicals.

What are the top holdings of the FQAL ETF and ILCB ETF?

FQAL top holdings include NVIDIA Corp., Apple, Inc. and Alphabet, Inc.. ILCB holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: FQAL or ILCB?

FQAL holds 123 securities with 44.65% of its assets in the top 15. ILCB has 529 securities and a top 15 weight of 42.15%.

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June 15, 2022

FQAL

FQALvsILCBETF Comparison

Fidelity Quality Factor ETF

iShares Morningstar U.S. Equity ETF

FQAL vs ILCB performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FQAL and ILCB ETFs performed in 2026?

As of July 24, 2026, FQAL is up 8.63% year-to-date (YTD), while ILCB has returned 9.02%. That puts ILCB better performer ahead so far this year.

Which ETF is attracting more investor money: FQAL or ILCB?

Year-to-date, the FQAL ETF saw +$144M in flows, compared to -$14M for ILCB.

Which ETF is more volatile: FQAL or ILCB?

Over the past year, FQAL had a volatility of 11.47%, while ILCB experienced 12.97%.

Which ETF is bigger: FQAL or ILCB?

As of July 24, 2026, FQAL holds $1.40 B in assets under management (AUM), while ILCB manages $1.26 B.

What sectors do the FQAL and ILCB ETFs invest in?

FQAL leans toward sectors like Technology, Finance and Healthcare. Meanwhile, ILCB focuses on Technology, Finance and Consumer Non-Cyclicals.

What are the top holdings of the FQAL ETF and ILCB ETF?

FQAL top holdings include NVIDIA Corp., Apple, Inc. and Alphabet, Inc.. ILCB holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: FQAL or ILCB?

FQAL holds 123 securities with 44.65% of its assets in the top 15. ILCB has 529 securities and a top 15 weight of 42.15%.

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