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QUALvsTSPAETF Comparison

ETF 1
QUAL

iShares MSCI USA Quality Factor ETF

This fund is part of
US Multi-Factor
-0.15%
Full QUAL fund page
VS
ETF 2
TSPA

T. Rowe Price U.S. Equity Research ETF

This fund is part of
US Large Cap
-0.07%
Full TSPA fund page

iShares MSCI USA Quality Factor ETF (QUAL) belongs to the US Multi-Factor segment. T. Rowe Price U.S. Equity Research ETF (TSPA) is part of the US Large Cap segment. QUAL's top 3 sector exposures are Information Technology, Consumer Discretionary and Communication Services. In contrast, TSPA's top sector exposures are Information Technology, Financials and Communication Services. QUAL is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.34% for TSPA. QUAL is up 0.48% year-to-date (YTD) with +$862M in YTD flows. TSPA performs worse with -0.54% YTD performance, and +$57M in YTD flows. Run a side-by-side ETF comparison of QUAL and TSPA 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 TSPA performance and flow charts

Performance

-3.0-2.0-1.00.01.0%Feb 10Feb 18Feb 25Mar 4Mar 11

Cumulative Flows

0 M50 M100 M150 MFeb 10Feb 18Feb 25Mar 4Mar 11

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

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
QUAL
TSPA
-2.07%-2.14%
-0.38%-1.03%
+0.48%-0.54%
+18.01%+22.04%
+77.61%+87.83%
+75.94%n/a
Flows
QUAL
TSPA
+$83M+$16M
+$1.00B+$66M
+$862M+$57M
-$7.52B+$476M
+$10.36B+$1.76B
+$9.63B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
QUAL
TSPA
+12.29%+11.97%
+17.63%+18.35%
+14.67%+15.13%
+17.37%n/a
Max drawdown
QUAL
TSPA
-3.23%-3.61%
-12.84%-13.81%
-18.03%-19.15%
-28.24%n/a
Max drawdown duration
QUAL
TSPA
14d41d
45d45d
230d127d
709dn/a
Trading data

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QUAL
TSPA
Last sale
3/12/2026 at 7:35 PM
$196.90
$41.88
Previous close
03/11/2026
$199.52
$42.47
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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TSPA
is actively managed and doesn’t replicate an index

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QUAL
TSPA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/12/2026 at 7:35 PM
Live
Closed
QUAL
TSPA
Last price
$196.90
$41.88
1D performance
-1.31%
-1.40%
AuM$49.09 B$2.16 B
E/R0.15%0.34%
Characteristics
QUAL
TSPA
Management strategyPassiveActive
ProvideriSharesT. Rowe Price
BenchmarkMSCI USA Sector Neutral Quality Index-
N° of holdings121253
Asset classEquities-
Trailing 12m distribution yield
Join
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Inception dateJuly 16, 2013June 8, 2021
ESGNoNo
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Exposure

Countries

QUAL
USA
94.92%
Other
5.08%
TSPA
USA
94.47%
Other
5.53%

Sectors

QUAL
Information Techn.
37.58%
Consumer Discreti.
10.5%
Communication Ser.
10.43%
Health Care
9.36%
Industrials
7.66%
Other
24.48%
TSPA
Information Techn.
35.56%
Financials
10.57%
Communication Ser.
10.31%
Consumer Discreti.
9.34%
Health Care
9.09%
Industrials
7.36%
Other
17.77%
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Diversification

QUAL

Total weight of top 15 holdings out of 15

50.14%
TSPA

Total weight of top 15 holdings out of 15

44.76%

Top 15 holdings

Data as of January 31, 2026
QUAL
NVIDIA
6.34%
APPLE
6.03%
MICROSOFT-T
5.41%
META PLATFORMS
4.26%
LILLY
3.23%
US5128073062
3.13%
VISA INCORPORATION
3.13%
TJX
3.03%
KLA CORPORATION
2.71%
MASTERCARD
2.51%
ALPHABET INC-CL
2.25%
BERKSHIRE HATHWAY
2.15%
APPLIED MATERIAL
2.14%
JOHNSON&JOHNSON
1.92%
CATERPILLAR
1.90%
TSPA
NVIDIA
8.19%
APPLE
6.48%
MICROSOFT-T
5.68%
AMAZON.COM INC
4.17%
ALPHABET INC-CL
3.67%
BROADCOM LIMITED
2.97%
META PLATFORMS
2.70%
ALPHABET INC-CL
2.23%
TESLA
2.03%
LILLY
1.47%
JPMORGAN CHASE
1.44%
VISA INCORPORATION
1.06%
BERKSHIRE HATHWAY
0.91%
COSTCO WHOLESALE
0.89%
EXXON
0.87%
Frequently asked questions about QUAL and TSPA

How have the QUAL and TSPA ETFs performed in 2026?

As of March 11, 2026, QUAL is up 0.48% year-to-date (YTD), while TSPA has lost -0.54%. That puts QUAL better performer ahead so far this year.

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

Year-to-date, the QUAL ETF saw +$862M in flows, compared to +$57M for TSPA.

Which ETF is more volatile: QUAL or TSPA?

Over the past year, QUAL had a volatility of 17.63%, while TSPA experienced 18.35%.

Which ETF is bigger: QUAL or TSPA?

As of March 11, 2026, QUAL holds $49.09 B in assets under management (AUM), while TSPA manages $2.16 B.

What sectors do the QUAL and TSPA ETFs invest in?

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

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

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

Which ETF is more diversified: QUAL or TSPA?

QUAL holds 126 securities with 50.14% of its assets in the top 15. TSPA has 261 securities and a top 15 weight of 44.76%.

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