QUAL vs. GARP ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to iShares MSCI USA Quality GARP ETF (GARP)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

GARP

iShares MSCI USA Quality GARP ETF

GARP Description

Grade (RS Rating)

Last Trade

$55.77

Average Daily Volume

45,422

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	GARP
30 Days	1.61%	6.13%
60 Days	2.39%	5.15%
90 Days	3.34%	6.86%
12 Months	30.86%	42.31%

42 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in GARP	Overlap
AAPL	C	5.44%	4.72%	4.72%
ACGL	D	0.26%	0.32%	0.26%
ADBE	C	1.76%	4.42%	1.76%
AMAT	F	1.17%	2.92%	1.17%
AMP	A	0.33%	0.78%	0.33%
ANET	C	0.73%	0.32%	0.32%
APA	D	0.19%	0.16%	0.16%
CDNS	B	0.58%	0.26%	0.26%
CMG	B	1.26%	0.8%	0.8%
DECK	A	0.49%	0.53%	0.49%
ENPH	F	0.06%	0.05%	0.05%
EQT	B	0.22%	0.34%	0.22%
GOOG	C	1.55%	0.92%	0.92%
GOOGL	C	1.77%	3.1%	1.77%
GWW	B	0.59%	1.02%	0.59%
IDXX	F	0.3%	0.68%	0.3%
KLAC	D	0.77%	3.73%	0.77%
LLY	F	3.42%	2.66%	2.66%
LPLA	A	0.17%	0.2%	0.17%
LRCX	F	0.73%	1.85%	0.73%
LULU	C	0.66%	0.74%	0.66%
MA	C	4.22%	4.23%	4.22%
MANH	D	0.2%	0.38%	0.2%
META	D	4.09%	4.29%	4.09%
MOH	F	0.09%	0.05%	0.05%
MPWR	F	0.18%	0.09%	0.09%
MSFT	F	4.5%	4.71%	4.5%
NFLX	A	1.76%	0.52%	0.52%
NVDA	C	6.93%	5.41%	5.41%
ODFL	B	0.34%	0.85%	0.34%
PAYC	B	0.08%	0.22%	0.08%
QCOM	F	1.15%	1.16%	1.15%
SHW	A	0.57%	0.65%	0.57%
SLB	C	0.89%	0.43%	0.43%
SMCI	F	0.06%	0.06%	0.06%
SNPS	B	0.51%	0.26%	0.26%
TPL	A	0.58%	0.26%	0.26%
ULTA	F	0.31%	0.36%	0.31%
V	A	4.5%	2.04%	2.04%
VEEV	C	0.16%	0.1%	0.1%
VRTX	F	0.62%	0.35%	0.35%
WSM	B	0.29%	0.33%	0.29%

QUAL Overweight 81 Positions Relative to GARP

Symbol	Grade	Weight
UNH	C	2.81%
COST	B	2.55%
JNJ	D	2.15%
TJX	A	2.03%
ADP	B	1.75%
CSCO	B	1.74%
COP	C	1.73%
ACN	C	1.67%
KO	D	1.43%
NKE	D	1.41%
CAT	B	1.4%
TXN	C	1.34%
LIN	D	1.14%
PEP	F	1.1%
LMT	D	1.08%
BLK	C	0.99%
SRE	A	0.93%
MMC	B	0.74%
ITW	B	0.73%
PLD	D	0.71%
DHI	D	0.7%
PEG	A	0.69%
CTAS	B	0.6%
PSA	D	0.55%
MCO	B	0.53%
CME	A	0.52%
NVR	D	0.52%
ZTS	D	0.51%
ED	D	0.5%
APH	A	0.5%
MMM	D	0.5%
PAYX	C	0.49%
GRMN	B	0.48%
TSCO	D	0.43%
PHM	D	0.43%
AFL	B	0.42%
FAST	B	0.42%
ATO	A	0.4%
APD	A	0.35%
CBRE	B	0.35%
BBY	D	0.29%
FERG	B	0.28%
CSGP	D	0.26%
AVB	B	0.24%
EW	C	0.24%
ROK	B	0.22%
POOL	C	0.22%
VLTO	D	0.21%
MNST	C	0.21%
NTAP	C	0.21%
EA	A	0.2%
A	D	0.2%
TROW	B	0.19%
EQR	B	0.18%
EME	C	0.17%
RMD	C	0.17%
PPG	F	0.15%
HSY	F	0.15%
KEYS	A	0.15%
CBOE	B	0.14%
WAT	B	0.13%
ROL	B	0.12%
WSO	A	0.12%
WST	C	0.12%
FDS	B	0.12%
EXPD	D	0.12%
GGG	B	0.11%
OMC	C	0.1%
PKG	A	0.1%
ERIE	D	0.09%
RS	B	0.09%
JKHY	D	0.09%
AVY	D	0.08%
UTHR	C	0.08%
SEIC	B	0.07%
MKTX	D	0.07%
AOS	F	0.06%
AFG	A	0.06%
SOLV	C	0.05%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 103 Positions Relative to GARP

Symbol	Grade	Weight
TSLA	B	-6.23%
AVGO	D	-4.77%
MRK	F	-2.09%
CRM	B	-2.03%
ORCL	B	-1.96%
GE	D	-1.64%
AMD	F	-1.42%
AMZN	C	-1.38%
PGR	A	-1.26%
INTU	C	-1.24%
ABNB	C	-0.83%
RCL	A	-0.8%
NOW	A	-0.67%
FLUT	A	-0.66%
MELI	D	-0.6%
APO	B	-0.56%
GS	A	-0.55%
BKNG	A	-0.49%
CPRT	A	-0.48%
AXP	A	-0.47%
HWM	A	-0.43%
PANW	C	-0.4%
PLTR	B	-0.38%
APP	B	-0.37%
GEV	B	-0.37%
DASH	A	-0.37%
HAL	C	-0.37%
TMUS	B	-0.36%
VRT	B	-0.36%
NXPI	D	-0.36%
WDAY	B	-0.36%
EXPE	B	-0.32%
APTV	D	-0.29%
STLD	B	-0.29%
NUE	C	-0.29%
LII	A	-0.27%
KKR	A	-0.26%
CTRA	B	-0.26%
CRWD	B	-0.25%
DELL	C	-0.24%
MCK	B	-0.22%
DVN	F	-0.21%
ADSK	A	-0.21%
CPAY	A	-0.21%
UBER	D	-0.19%
FTNT	C	-0.19%
FICO	B	-0.18%
GDDY	A	-0.17%
HES	B	-0.17%
PTC	A	-0.15%
MRO	B	-0.14%
AZO	C	-0.14%
DKNG	B	-0.13%
TEAM	A	-0.13%
AMT	D	-0.13%
KNX	B	-0.13%
SQ	B	-0.13%
IT	C	-0.13%
DDOG	A	-0.12%
BURL	A	-0.12%
DT	C	-0.1%
ORLY	B	-0.1%
PSTG	D	-0.1%
ENTG	D	-0.1%
TDG	D	-0.1%
H	B	-0.1%
IQV	D	-0.1%
DOCU	A	-0.1%
FCX	D	-0.09%
HLT	A	-0.09%
DAL	C	-0.09%
DOW	F	-0.09%
FANG	D	-0.09%
JBL	B	-0.09%
DXCM	D	-0.08%
WBD	C	-0.07%
LNG	B	-0.07%
CE	F	-0.07%
COIN	C	-0.07%
TRGP	B	-0.06%
ZS	C	-0.06%
AXON	A	-0.06%
SBAC	D	-0.06%
MKL	A	-0.06%
ALNY	D	-0.05%
LW	C	-0.05%
PODD	C	-0.05%
ARES	A	-0.05%
NBIX	C	-0.04%
OVV	B	-0.04%
INCY	C	-0.04%
FWONK	B	-0.03%
PINS	D	-0.03%
MGM	D	-0.03%
ALLY	C	-0.03%
NRG	B	-0.03%
CTLT	B	-0.03%
LYV	A	-0.03%
IOT	A	-0.03%
SNAP	C	-0.02%
MRNA	F	-0.02%
DVA	B	-0.02%
CELH	F	-0.01%