OEF vs QUAL overlap - what they share and where they differ

OEF and QUAL share 43.8% of their weight across 28 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

OEF and QUAL

43.8%

28 shared positions

OEF

iShares S&P 100 ETF

Reported positions cover 100% of the fund, 100 positions · Jun 30, 2026

Top 10: 52.8%·Holdings of OEF

QUAL

iShares MSCI USA Quality Factor ETF

Reported positions cover 100% of the fund, 120 positions · Apr 30, 2026

Top 10: 41.1%·Holdings of QUAL

Reported positions cover OEF 100%, QUAL 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

QUAL vs OEF side by side

OEFiShares S&P 100 ETF

100

stock positions reported to the SEC

44.8% of its weight is in 72 names QUAL does not hold

QUALiShares MSCI USA Quality Factor ETF

120

stock positions reported to the SEC

38.8% of its weight is in 92 names OEF does not hold

Where each fund's weight sits

OEF
QUAL
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
57.1%
47.0%
Financial Services
10.6%
11.3%
Consumer Cyclical
10.4%
9.2%
Healthcare
8.9%
9.7%
Industrials
0.0%
5.2%
Consumer Defensive
4.4%
0.0%

The widest gap is Technology: OEF has 10.2 points more of it.

The figures side by side

OEFQUAL
Filing dateJun 30, 2026Apr 30, 2026
Stock positions reported100120
Weight of the ten largest52.8%41.1%
Largest positionNVDA 10.5%NVDA 6.5%
Held alone72 positions, 44.8%92 positions, 38.8%
Covered by stock positions100%100%

Holdings they share

StockIn OEFIn QUALCounted
NVDANVIDIA CORP10.47%6.50%6.50%
AAPLAPPLE INC9.18%6.27%6.27%
MSFTMICROSOFT CORP5.99%5.04%5.04%
GOOGLALPHABET INC8.14%4.64%4.64%
METAMETA PLATFORMS INC2.67%3.49%2.67%
LLYELI LILLY & COMPANY2.05%2.92%2.05%
BRK.ABERKSHIRE HATHAWAY INC1.98%2.11%1.98%
JNJJOHNSON & JOHNSON1.32%1.92%1.32%
AMATAPPLIED MATERIALS INC1.24%2.45%1.24%
VVISA INC1.23%3.08%1.23%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in OEF

AMZNAMAZON.COM INC5.04%
AVGOBROADCOM INC3.86%
MUMICRON TECHNOLOGY INC2.81%
TSLATESLA INC2.56%
AMDADVANCED MICRO DEVICES INC2.05%
JPMJP MORGAN CHASE & COMPANY1.89%
INTCINTEL CORP1.43%
XOMEXXONMOBIL HOLDINGS CORP1.22%
CSCOCISCO SYSTEMS INC1.00%
ABBVABBVIE INC0.96%

Only in QUAL

TJXTHE TJX COMPANIES, INC.3.19%
KLACKLA CORPORATION2.78%
SLBSLB N.V.1.56%
ANETARISTA NETWORKS, INC.1.49%
ATOATMOS ENERGY CORPORATION1.21%
CMGCHIPOTLE MEXICAN GRILL, INC.1.02%
ADPAUTOMATIC DATA PROCESSING, INC.0.88%
LINDE PUBLIC LIMITED COMPANY0.88%
GRMNGarmin Ltd.0.87%
ACCENTURE PUBLIC LIMITED COMPANY0.83%

Questions people ask

Is OEF the same as QUAL?

43.8% of their weight sits in the same 28 holdings. OEF also reports AMZN, AVGO, MU, which the other does not. QUAL also reports TJX, KLAC, SLB, which the other does not.

How is the overlap between OEF and QUAL measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of OEF and 100% of QUAL, so the number cannot exceed the smaller coverage.

Which holds more, QUAL or OEF?

OEF reports 100 stock positions and QUAL reports 120. 44.8% of OEF's weight sits in names QUAL does not hold, and 38.8% of QUAL's weight in names OEF does not hold. The ten largest positions are 52.8% of OEF and 41.1% of QUAL.

How do OEF and QUAL differ by sector?

The widest gap is Technology: OEF has 10.2 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.