QUAL Performance — iShares MSCI USA Quality Factor ETF
Data updated: 2026-10-13
QUAL returned +10.81% year to date and +20.16% over one year to Jul 2026. Annualised returns are +17.38% over 3 years and +11.11% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $162, against $153 for the category, and to $120 over one year, against $116. Volatility over the past three years was 12.33% a year. In the 12 months to Jul 2026 the fund lost a net $15.1B, and assets reached $46.53B.
QUAL Growth of $100
What $100 invested in iShares MSCI USA Quality Factor ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | QUAL | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $120 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $162 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $169 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $259 | $226 |
QUAL Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.81% |
| 1 year | +20.16% |
| 3 years (annualised) | +17.38% |
| 5 years (annualised) | +11.11% |
QUAL Annual Returns
Calendar-year total returns of iShares MSCI USA Quality Factor ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +10.81% |
| 2025 | +12.65% |
| 2024 | +22.21% |
| 2023 | +30.84% |
| 2022 | −20.39% |
| 2021 | +26.93% |
| 2020 | +16.97% |
| 2019 (Aug–Dec) | +9.89% |
QUAL Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.9% | +1.2% | −6.2% | +8.0% | +4.0% | +2.2% | −0.3% | — | — | — | — | — |
| 2025 | +2.9% | −1.0% | −5.6% | −0.9% | +4.6% | +3.4% | +0.7% | +2.6% | +3.2% | +0.9% | +1.0% | +0.5% |
| 2024 | +2.2% | +6.5% | +2.7% | −4.4% | +5.6% | +3.2% | +0.7% | +3.5% | +1.1% | −1.6% | +4.9% | −3.5% |
| 2023 | +7.0% | −2.7% | +4.8% | +1.7% | +0.7% | +6.5% | +3.7% | −0.4% | −5.1% | −1.4% | +8.6% | +4.8% |
| 2022 | −6.9% | −4.2% | +3.8% | −8.1% | −0.2% | −9.0% | +9.2% | −5.0% | −9.8% | +8.2% | +7.8% | −5.6% |
| 2021 | −2.8% | +3.3% | +4.8% | +4.9% | +1.1% | +3.3% | +3.4% | +2.8% | −6.4% | +7.7% | −0.6% | +3.5% |
| 2020 | −0.7% | −8.4% | −11.4% | +12.4% | +5.6% | +0.2% | +4.8% | +7.0% | −3.1% | −2.8% | +11.5% | +3.7% |
| 2019 | — | — | — | — | — | — | — | −1.7% | +1.7% | +2.2% | +4.4% | +2.9% |
QUAL Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.33%
- 3-year Sharpe ratio: 1.04 (vs 4.5% risk-free rate)
- Best month: +8.55% (Nov 2023)
- Worst month: −6.15% (Mar 2026)
QUAL Fund Flows
Monthly money in and out of iShares MSCI USA Quality Factor ETF, from SEC Form N-PORT.
- 12-month net flow: −$15.1B
- 12-month gross sales (incl. reinvestments): $8.8B
- Sales ÷ redemptions: 0.37×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.1B | $361.7M | $729.9M |
| Jun 2026 | $150.9M | $2.2B | −$2.1B |
| May 2026 | $304.4M | $5.3B | −$5.0B |
| Apr 2026 | $284.4M | $410.0M | −$125.6M |
| Mar 2026 | $131.9M | $753.7M | −$621.8M |
| Feb 2026 | $192.1M | $354.7M | −$162.6M |
| Jan 2026 | $1.3B | $293.4M | $973.3M |
| Dec 2025 | $438.5M | $596.3M | −$157.8M |
| Nov 2025 | $4.0B | $9.1B | −$5.1B |
| Oct 2025 | $77.7M | $952.4M | −$874.6M |
| Sep 2025 | $436.9M | $3.1B | −$2.6B |
| Aug 2025 | $343.9M | $428.6M | −$84.8M |
QUAL Assets Under Management
Net assets of iShares MSCI USA Quality Factor ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $46.53B |
| 2026-04-30 | $50.11B |
| 2026-01-31 | $49.90B |
| 2025-10-31 | $52.72B |
| 2025-07-31 | $52.91B |
| 2025-04-30 | $48.15B |
| 2025-01-31 | $51.36B |
| 2024-10-31 | $49.00B |
| 2024-07-31 | $47.29B |
| 2024-04-30 | $41.45B |
| 2024-01-31 | $35.16B |
| 2023-10-31 | $30.71B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.