What is QUAL?

QUAL tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt/equity, relative to peers in each sector.

PERFORMANCE [as of 03/17/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QUAL -2.35% 3.85% 4.41% -8.41% 15.75% 8.29% --
QUAL (NAV) -2.38% 3.73% 4.28% -8.44% 15.57% 8.28% --
MSCI USA Sector Neutral Quality Index -2.36% 3.78% 4.32% -7.47% 16.13% 8.66% 11.73%
MSCI USA IMI -4.76% 1.90% 2.19% -10.57% 17.86% 8.67% 11.35%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QUAL Factset Analytics Insight

Seeking to capture higher quality stocks within GICS sectors, QUAL make its selections from the large- and mid-cap MSCI universe by considering "quality" factors: high ROE, low debt/equity, and stable earnings growth. The fund changed its exposure following a September 1, 2015 index change, foregoing some of its earlier sector biases in favor of an underlying index with sector weighting that looks more like our benchmark, while applying quality factors to the stocks within those sectors. The new portfolio is expected to take less active risk (compared with the old index) relative to pure cap-weighted exposure. Historically QUAL has tracked its index well. QUAL has had strong institutional interest.

QUAL Summary Data

Blackrock
07/18/13
0.15%
$18.52B
MSCI USA IMI
Open-Ended Fund

Peers

MSCI USA IMI

Fund Flows

+$0.13B 5 Days
+$0.07B 30 Days
-$0.24B 90 Days

QUAL Portfolio Data

$366.03B
16.81
6.05
0.68%
03/23/23
126

QUAL Index Data

Fundamental
Fundamental
MSCI USA IMI

QUAL Portfolio Management

0.15%
-0.26%
-0.11%
-1.04%

QUAL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

QUAL Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/20/23

This measurement shows how easy it is to trade a $1 million USD block of QUAL. QUAL is rated a 5 out of 5.

QUAL Tradability

1,247,498
$149.47M
625,824
$76.73M
0.02%
$0.02
-0.00%
0.22% / -0.10%
None
100.00%
50,000
12.52
0.01%
0.02%
508
$118.95
5

QUAL Sector/Industry Breakdown

QUAL Segment
Benchmark
18.60% --
14.83% --
11.53% --
11.18% --
9.95% --
7.78% --
5.57% --
4.05% --
3.99% --
2.28% --

QUAL Performance Statistics

0.98
1.03
1.06
1.02
0.22%
MSCI USA IMI

QUAL Countries

QUAL Segment
Benchmark
99.89% 99.92%
-- 0.08%

QUAL Regions

QUAL Segment
Benchmark
99.89% 100.00%

QUAL Economic Development

QUAL Segment
Benchmark
99.89% 100.00%
0.00% 0.00%

QUAL Benchmark Comparison Holdings

126
2560
124
31.62%

QUAL Benchmark Comparison Summary

QUAL Segment
Benchmark
126 2560
$366.03B $391.49B
16.81 20.56
6.05 3.75
1.59% 1.53%
Medium Low

QUAL Benchmark Comparison Market Cap Size

QUAL Segment
Benchmark
96.08% 86.91%
3.79% 10.27%
0.00% 2.60%
0.00% 0.22%