What is the expense ratio of QUAL vs VOO?

QUAL has an expense ratio of 0.15%, while VOO has an expense ratio of 0.03%.

QUAL vs VOO

iShares MSCI USA Quality Factor ETF vs Vanguard S&P 500 ETF

Last updated: 2026-04-02

iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that provides exposure to us factor - quality securities. It charges a low expense ratio of 0.15%. The fund offers a modest dividend yield of 0.98%. Launched in 2013, the fund has a 13-year track record.

AUM: $45.6B ER: 0.15% Yield: 0.98% Since: Jul 18, 2013

VOO Vanguard

Vanguard S&P 500 ETF (VOO) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.18%. Launched in 2010, the fund has a 16-year track record.

AUM: $792.0B ER: 0.03% Yield: 1.18% Since: Sep 7, 2010

Quick Verdict

VOO is significantly cheaper at 0.03% vs 0.15% expense ratio, saving you approximately $238 per $10,000 invested over 10 years. VOO has edged ahead over the past year (16.8% vs 12.5%).

Key Metrics

Metric	QUAL	VOO
Expense Ratio	0.15%	0.03%
Dividend Yield	1.0%	1.2%
Fund Family	N/A	Vanguard
Category	US Factor - Quality	US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

QUAL +54.7%

VOO +61.3%

Performance Comparison

Period	QUAL	VOO	Difference
1 Month	-5.72%	-4.59%	-1.13%
3 Months	-3.22%	-4.14%	+0.92%
6 Months	-1.88%	-2.11%	+0.23%
YTD	-3.22%	-4.14%	+0.92%
1 Year	+12.54%	+16.77%	-4.23%
3 Years	+54.67%	+59.52%	-4.85%
5 Years	+54.70%	+61.27%	-6.57%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	QUAL Fees	VOO Fees	You Save
$10.000	10 years	$298	$60	$238
$10.000	20 years	$1.278	$258	$1.020
$10.000	30 years	$4.109	$835	$3.274
$50.000	10 years	$1.490	$299	$1.190
$50.000	30 years	$20.547	$4.176	$16.371
$100.000	30 years	$41.094	$8.352	$32.742

Risk Metrics

Based on 5 years of daily returns

Metric	QUAL	VOO
Annualized Volatility	17.4%	16.8%
Max Drawdown	-29.0%	-25.4%
Sharpe Ratio	0.33	0.39

Dividend Comparison

Metric	QUAL	VOO
Annual Dividend (per share)	$1.89	$7.13
Dividend Yield	0.98%	1.18%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

4 of top 9 holdings overlap (44% overlap in top holdings)

QUAL Top Holdings

Name	Weight
Apple Inc.AAPL	6.35%
NVIDIA CorporationNVDA	6.03%
Microsoft CorporationMSFT	4.87%
The TJX Companies, Inc.TJX	3.49%
Meta Platforms, Inc.META	3.32%
Visa Inc.V	3.05%
Eli Lilly and CompanyLLY	3.03%
Lam Research CorporationLRCX	2.92%
KLA CorporationKLAC	2.54%
Mastercard IncorporatedMA	2.44%

VOO Top Holdings

Name	Weight
NVIDIA CorporationNVDA	7.31%
Apple Inc.AAPL	6.63%
Microsoft CorporationMSFT	4.96%
Amazon.com, Inc.AMZN	3.47%
Broadcom Inc.AVGO	2.56%
Alphabet Inc.GOOG	2.46%
Meta Platforms, Inc.META	2.40%
Tesla, Inc.TSLA	1.92%
Berkshire Hathaway Inc.BRK.B	1.57%

Which One Should You Choose?

Choose VOO if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose VOO if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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