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QUALvsINROETF Comparison

ETF 1

QUAL

iShares MSCI USA Quality Factor ETF

This fund is part of

US Multi-Factor

+0.52%

Full QUAL fund page

VS

ETF 2

INRO

iShares U.S. Industry Rotation Active ETF

This fund is part of

US Multi-Factor

+0.52%

Full INRO fund page

iShares MSCI USA Quality Factor ETF (QUAL) and iShares U.S. Industry Rotation Active ETF (INRO) belong to the same industry segment: US Multi-Factor. QUAL's top 3 sector exposures are Information Technology, Consumer Discretionary and Communication Services. In contrast, INRO's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. QUAL is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.42% for INRO. QUAL is up 4.66% year-to-date (YTD) with +$60M in YTD flows. INRO performs better with 6.24% YTD performance, and -$2M in YTD flows. Run a side-by-side ETF comparison of QUAL and INRO 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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QUAL vs INRO 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 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QUAL INRO	+7.29%+10.40%	+2.04%+4.71%	+4.66%+6.24%	+25.58%+34.58%	+71.51%n/a	+72.69%n/a
Flows	QUAL INRO	-$433M+$634K	+$252M-$2M	+$60M-$2M	-$8.19B-$847K	+$907M-	+$8.98B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QUAL INRO	+16.01%+16.79%	+12.60%+13.14%	+14.87%n/a	+17.49%n/a
Max drawdown	QUAL INRO	-9.01%-9.29%	-9.01%-9.29%	-18.03%n/a	-28.24%n/a
Max drawdown duration	QUAL INRO	50d75d	50d75d	230dn/a	709dn/a

Trading data

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	QUAL	INRO
Last sale 4/24/2026 at 1:30 PM	$207.40	$34.14
Previous close 04/24/2026	$205.89	$33.81
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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INRO

is actively managed and doesn’t replicate an index

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	QUAL	INRO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	QUAL	INRO
Last price	$207.40	$34.14
1D performance	+0.73%	+0.98%
AuM	$50.16 B	$30.72 M
E/R	0.15%	0.42%

Characteristics

	QUAL	INRO
Management strategy	Passive	Active
Provider	iShares	iShares
Benchmark	MSCI USA Sector Neutral Quality Index	-
N° of holdings	117	501
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	July 16, 2013	March 26, 2024
ESG	No	No

More QUAL data on Trackinsight

More INRO data on Trackinsight

Exposure

Countries

QUAL

USA

94.6%

Other

5.4%

INRO

USA

96.66%

Other

3.34%

Sectors

QUAL

Information Techn.

36.21%

Consumer Discreti.

10.69%

Communication Ser.

9.74%

Health Care

9.71%

Industrials

8.21%

Other

25.44%

INRO

Information Techn.

37.02%

Communication Ser.

10.28%

Consumer Discreti.

9.92%

Financials

9.8%

Health Care

8.9%

Industrials

7.73%

Other

16.35%

Diversification

QUAL

Total weight of top 15 holdings out of 15

49.61%

INRO

Total weight of top 15 holdings out of 15

45.57%

Top 15 holdings

Data as of March 31, 2026

QUAL

APPLE

6.33%

NVIDIA

6.13%

MICROSOFT-T

4.94%

META PLATFORMS

3.53%

TJX

3.51%

LILLY

3.10%

VISA INCORPORATION

3.05%

US5128073062

2.88%

KLA CORPORATION

2.53%

MASTERCARD

2.46%

BERKSHIRE HATHWAY

2.31%

APPLIED MATERIAL

2.29%

NETFLIX

2.21%

JOHNSON&JOHNSON

2.20%

CATERPILLAR

2.16%

INRO

NVIDIA

8.20%

APPLE

7.34%

MICROSOFT-T

5.15%

AMAZON.COM INC

3.79%

ALPHABET INC-CL

3.27%

ALPHABET INC-CL

2.52%

BROADCOM LIMITED

2.29%

META PLATFORMS

2.18%

TESLA

1.91%

EXXON

1.84%

JPMORGAN CHASE

1.81%

WALMART INC

1.44%

VISA INCORPORATION

1.33%

LILLY

1.32%

BERKSHIRE HATHWAY

1.18%

Frequently asked questions about QUAL and INRO

How have the QUAL and INRO ETFs performed in 2026?

As of April 24, 2026, QUAL is up 4.66% year-to-date (YTD), while INRO has returned 6.24%. That puts INRO better performer ahead so far this year.

Which ETF is attracting more investor money: QUAL or INRO?

Year-to-date, the QUAL ETF saw +$60M in flows, compared to -$2M for INRO.

Which ETF is more volatile: QUAL or INRO?

Over the past year, QUAL had a volatility of 12.6%, while INRO experienced 13.14%.

Which ETF is bigger: QUAL or INRO?

As of April 24, 2026, QUAL holds $50.16 B in assets under management (AUM), while INRO manages $30.72 M.

What sectors do the QUAL and INRO ETFs invest in?

QUAL leans toward sectors like Information Technology, Consumer Discretionary and Communication Services. Meanwhile, INRO focuses on Information Technology, Communication Services and Consumer Discretionary.

QUALvsINROETF Comparison

iShares MSCI USA Quality Factor ETF

iShares U.S. Industry Rotation Active ETF

QUAL vs INRO 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 QUAL and INRO ETFs performed in 2026?

As of April 24, 2026, QUAL is up 4.66% year-to-date (YTD), while INRO has returned 6.24%. That puts INRO better performer ahead so far this year.

Which ETF is attracting more investor money: QUAL or INRO?

Year-to-date, the QUAL ETF saw +$60M in flows, compared to -$2M for INRO.

Which ETF is more volatile: QUAL or INRO?

Over the past year, QUAL had a volatility of 12.6%, while INRO experienced 13.14%.

Which ETF is bigger: QUAL or INRO?

As of April 24, 2026, QUAL holds $50.16 B in assets under management (AUM), while INRO manages $30.72 M.

What sectors do the QUAL and INRO ETFs invest in?

QUAL leans toward sectors like Information Technology, Consumer Discretionary and Communication Services. Meanwhile, INRO focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the QUAL ETF and INRO ETF?

QUAL top holdings include APPLE, NVIDIA and MICROSOFT-T. INRO holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: QUAL or INRO?

QUAL holds 122 securities with 49.61% of its assets in the top 15. INRO has 539 securities and a top 15 weight of 45.57%.

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