iShares MSCI USA Quality Factor ETF (QUAL) Outperforms in 2023

Share post:

Among the top 10 ETF asset gatherers this year, the iShares MSCI USA Quality Factor ETF (QUAL) has emerged as the standout performer. With an impressive gain of 18.2% this year, QUAL has managed to surpass the returns of both the Vanguard S&P 500 ETF (VOO), which posted a 13.6% return, and the iShares Core S&P 500 ETF (IVV). The stellar performance of QUAL can be attributed to its significant holdings in low-debt, highly profitable tech companies that have been on a winning streak this year.

ETF Newz Says:

One of the standout contributors to QUAL’s success this year has been its 6.4% allocation in Nvidia. This tech giant has been on a meteoric rise, significantly boosting the ETF’s performance. Additionally, with a 4.7% stake in Meta Platforms, QUAL has further benefited from the company’s exceptional performance in 2023. It’s noteworthy that both Nvidia and Meta Platforms have seen their stock prices nearly triple this year.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...