QUAL invests in around 300 global companies outside Australia with high returns on equity, stable earnings and low debt. It charges 0.40% a year, has $9.2b invested and returned +10.1% over the past year. The most similar ETF is QHAL, which overlaps with it by about 99%.
📅 As at 30 September 2026: fee, size and 1-year return from the TMX Australia funds report; holdings and overlap from QUAL’s published holdings as at 30 October 2026.
Is it a good time to buy QUAL?
Nobody can time the market perfectly, but you can check the trend before you buy. Here’s where QUAL stands right now.
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| Net flow, September | +$195m |
| Net flow, 2026 so far | +$954m |
| Average month in 2026 | +$106m |
Week to 23 October: top 10 for outflows on the ASX (−$26m).
Is the whole market risk on, caution or risk off this week? Members see it every Sunday, with the core ETF check-up.
🔒 See it free for 30 days →QUAL is in a base. Prices moving sideways can be a time to build a position gradually and watch which way the trend breaks. There’s no rush either way.
General information only, not a recommendation to buy or sell QUAL. Whether it suits you depends on your goals and the rest of your portfolio. Trend updated weekly; flows from the TMX Australia funds report (September 2026) and the Global X weekly market monitor. See every ETF’s trend in the ETF trend scanner, or read when to buy an ETF.
What is QUAL?
Index: MSCI World ex Australia Quality Index · Issuer: VanEck · Exchange: ASX
Top 10 holdings
The 10 largest companies make up 40% of QUAL.
| # | Company | Weight | |
|---|---|---|---|
| 1 | Microsoft CorpInformation Technology | 6.02% | |
| 2 | Apple IncInformation Technology | 5.55% | |
| 3 | Meta Platforms IncCommunication Services | 4.65% | |
| 4 | NVIDIA CorpInformation Technology | 4.46% | |
| 5 | Eli Lilly & CoHealth Care | 4.27% | |
| 6 | Broadcom IncInformation Technology | 3.82% | |
| 7 | Alphabet (Google)Communication Services | 3.47% | |
| 8 | Visa IncFinancials | 3.01% | |
| 9 | ASML Holding NVInformation Technology | 2.49% | |
| 10 | Johnson & JohnsonHealth Care | 2.08% |
Sector breakdown
ETFs most similar to QUAL
How much each ETF’s holdings overlap with QUAL, by weight. High overlap means owning both mostly doubles up.
| ETF | Overlap | |
|---|---|---|
| QHALVanEck MSCI International Quality (Aud Hedged) ETF | 99% | Compare in calculator → |
| IQLTiShares MSCI World ex Australia Quality ETF | 82% | Compare in calculator → |
| IHQLiShares MSCI World ex Australia Quality (AUD Hedged) ETF | 82% | Compare in calculator → |
| GARPGlobal X S&P World Ex Australia GARP ETF | 50% | Compare in calculator → |
| UYLDGlobal X S&P 500 Covered Call Complex ETF | 47% | Compare in calculator → |
| SPYState Street SPDR S&P 500 ETF | 47% | Compare in calculator → |
Head to head: VGS vs QUAL · QUAL vs MOAT · all comparisons
Check QUAL against your own ETFs →Core or satellite?
SATELLITE Quality, value & factors
QUAL is a satellite: a “factor” tilt toward quality companies. Some investors use it in place of a plain global ETF in their core, but it overlaps heavily with VGS and BGBL. In our approach, satellites are bought when they break out of a base into an uptrend, kept to a small slice of the portfolio, and sold with a stop loss. Read more in core and satellite investing.
Read more: Hedged vs unhedged ETFs
QUAL FAQs
Is QUAL a good ETF?
QUAL has a long record of tracking quality global companies and is one of the largest ETFs on the ASX. It costs more than a plain global index ETF, and how much it adds depends on whether quality companies keep outperforming. Whether it suits you depends on your goals and the rest of your portfolio.
What does QUAL invest in?
QUAL invests in around 300 global companies outside Australia with high returns on equity, stable earnings and low debt. Its largest holdings are Microsoft Corp, Apple Inc, Meta Platforms Inc, and its biggest sector is information technology at about 36%.
What ETFs are similar to QUAL?
The ETFs with the most overlap with QUAL are QHAL (about 99%) and IQLT (about 82%). Use the free ETF overlap calculator to check your own mix.
Should I own QUAL and QHAL together?
Usually there is little point: their holdings overlap by about 99%, so owning both mostly doubles up.
Fee, size and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns, 5-year figure is cumulative. Holdings from VanEck as at 30 October 2026. Chart: TradingView. General information only, not a recommendation to buy or sell QUAL. Consider the PDS and TMD before investing.