QLCvsFVALETF Comparison
VS
Northern Trust US Quality Large Cap ETF (QLC) belongs to the US Multi-Factor segment. Fidelity Value Factor ETF (FVAL) is part of the US Large Cap Value segment. Both ETFs have the same top 3 sector exposures: Technology, Finance and Healthcare. QLC is more expensive with a Total Expense Ratio (TER) of 0.26%, versus 0.15% for FVAL. QLC is up 13% year-to-date (YTD) with +$323M in YTD flows. FVAL performs better with 14.56% YTD performance, and +$105M in YTD flows. Run a side-by-side ETF comparison of QLC and FVAL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
QLC vs FVAL performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | QLC FVAL | -0.32%+1.29% | +2.63%+2.75% | +13.00%+14.56% | +14.49%+18.00% | +102.29%+85.99% | +91.81%+78.04% |
| Flows | QLC FVAL | +$25M+$50K | +$134M+$16M | +$323M+$105M | +$359M+$97M | +$715M+$303M | +$729M+$473M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | QLC FVAL | +9.96%+9.60% | +12.78%+11.75% | +14.95%+14.14% | +17.03%+16.36% |
| Max drawdown | QLC FVAL | -3.77%-2.95% | -8.90%-8.88% | -18.73%-18.14% | -23.78%-23.38% |
| Max drawdown duration | QLC FVAL | 77d57d | 63d72d | 124d131d | 702d702d |
Trading data
QLC | FVAL | |
Last sale 10/30/2026 at 1:30 PM | $89.39 | $81.99 |
| Previous close 10/29/2026 | $90.87 | $82.80 |
| Consolidated volume 10/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
QLC | FVAL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/30/2026 at 1:30 PM
Live
Closed
QLC | FVAL | |
|---|---|---|
| Last price | $89.39 | $81.99 |
| 1D performance | -1.63% | -0.98% |
| AuM | $1.15 B | $1.37 B |
| E/R | 0.26% | 0.15% |
Characteristics
QLC | FVAL | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Northern Trust | Fidelity |
| Benchmark | Northern Trust Quality Large Cap Index | Fidelity U.S. Value Factor Index |
| N° of holdings | 155 | 131 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 23, 2015 | September 12, 2016 |
| ESG | No | No |
Advertisement
Exposure
Countries
QLC
USA
97.63%
Other
2.37%
FVAL
USA
97.22%
Other
2.78%
Sectors
QLC
Technology
46.32%
Finance
14.73%
Healthcare
9.68%
Consumer Non-Cycl.
7.81%
Other
21.47%
FVAL
Technology
45.75%
Finance
13.72%
Healthcare
9.92%
Industrials
8.33%
Consumer Non-Cycl.
7.65%
Other
14.63%
Advertisement
Diversification
QLC
Total weight of top 15 holdings out of 15
44.1%
FVAL
Total weight of top 15 holdings out of 15
50.12%
Top 15 holdings
Data as of September 30, 2026
QLC
NVIDIA Corp.
8.10%
Apple, Inc.
5.96%
Microsoft Corp.
4.08%
Alphabet, Inc.
3.95%
Alphabet, Inc.
3.49%
Broadcom Inc.
2.65%
Amazon.com, Inc.
2.43%
Micron Technology, Inc.
2.26%
JPMorgan Chase & Co.
1.86%
Johnson & Johnson
1.85%
Meta Platforms, Inc.
1.83%
Citigroup, Inc.
1.58%
The Goldman Sachs Group, Inc.
1.51%
Bank of America Corp.
1.29%
Berkshire Hathaway, Inc.
1.25%
FVAL
NVIDIA Corp.
8.36%
Apple, Inc.
7.85%
Microsoft Corp.
6.09%
Alphabet, Inc.
5.07%
Amazon.com, Inc.
3.52%
Broadcom Inc.
3.01%
Micron Technology, Inc.
2.73%
Meta Platforms, Inc.
2.52%
Berkshire Hathaway, Inc.
1.93%
Eli Lilly & Co.
1.74%
Tesla, Inc.
1.61%
Sandisk Corp.
1.56%
Visa, Inc.
1.43%
Johnson & Johnson
1.36%
QUALCOMM, Inc.
1.35%
Frequently asked questions about QLC and FVAL
How have the QLC and FVAL ETFs performed in 2026?
As of October 29, 2026, QLC is up 13% year-to-date (YTD), while FVAL has returned 14.56%. That puts FVAL better performer ahead so far this year.
Which ETF is attracting more investor money: QLC or FVAL?
Year-to-date, the QLC ETF saw +$323M in flows, compared to +$105M for FVAL.
Which ETF is more volatile: QLC or FVAL?
Over the past year, QLC had a volatility of 12.78%, while FVAL experienced 11.75%.
Which ETF is bigger: QLC or FVAL?
As of October 29, 2026, QLC holds $1.15 B in assets under management (AUM), while FVAL manages $1.37 B.
What sectors do the QLC and FVAL ETFs invest in?
QLC leans toward sectors like Technology, Finance and Healthcare. Meanwhile, FVAL focuses on Technology, Finance and Healthcare.
What are the top holdings of the QLC ETF and FVAL ETF?
QLC top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. FVAL holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: QLC or FVAL?
QLC holds 156 securities with 44.1% of its assets in the top 15. FVAL has 131 securities and a top 15 weight of 50.12%.
Advertisement
Advertisement
