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Compare Fidelity U.S. High Quality Currency Neutral Index ETF (FCQH) vs iShares MSCI USA Quality Factor Index ETF (XQLT) to find the best fit for your portfolio. FCQH provides Information Technology, Consumer Discretionary, and Industrials exposures, while XQLT is primarily weighted in Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, FCQH features a management fee (MER) of 0.38%, compared to 0.3% for XQLT. Performance-wise, FCQH has returned 3.21% year-to-date with -$8 M in net flows, whereas XQLT is at 11.28% with +$24 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FCQH
XQLT
| AuM | $63.38 M | $252.05 M |
| Management Fees | 0.38% | 0.30% |
| Exp. ratio | 0.42% | 0.32% |
| Tracking Difference | -0.36% | -0.28% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCQH | +0.06% | +5.60% | +3.21% | +9.33% | +51.83% |
XQLT | +5.16% | +11.67% | +11.28% | +23.44% | +76.58% | |
| Flows | FCQH | -$5 M | -$8 M | -$8 M | -$0 M | -$29 M |
XQLT | +$3 M | +$12 M | +$24 M | +$28 M | +$108 M |
FCQH vs XQLT exposure
Countries
FCQH
USA
93.10%
XQLT
USA
94.75%
Sectors
FCQH
Information Technology
42.46%
Consumer Discretionary
13.58%
Industrials
12.27%
Consumer Staples
9.99%
Other
21.70%
XQLT
Information Technology
37.08%
Communication Services
10.36%
Consumer Discretionary
9.83%
Health Care
8.99%
Industrials
8.37%
Other
7.07%
Other
18.30%
As of June 11, 2026
Top 10 Holdings
FCQH
NVIDIA
8.41%
APPLE
6.51%
MICROSOFT-T
5.28%
NEWMONT CORP
3.73%
BROADCOM LIMITED
3.35%
PROCTERGAMBLE
2.27%
CATERPILLAR
2.21%
PHILLIP MORRIS
2.07%
ALTRIA GROUP
2.07%
ALPHABET INC-CL
2.00%
XQLT
NVIDIA
6.50%
APPLE
6.26%
MICROSOFT-T
5.04%
META PLATFORMS
3.49%
US5128073062
3.22%
TJX
3.19%
VISA INCORPORATION
3.08%
LILLY
2.92%
KLA CORPORATION
2.78%
ALPHABET INC-CL
2.53%
Diversification
FCQH
Total weight of top 10 holdings out of 87 total
37.91%
XQLT
Total weight of top 10 holdings out of 122 total
39.02%
Characteristics
Compare
FCQH
XQLT
| Provider | Fidelity | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity US High Quality Currency Neutral GTR Index - CAD | MSCI USA Sector Neutral Quality NTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.65% | 0.63% |
| Meets ESG criteria | No | No |
| Inception Date | January 24, 2019 | September 10, 2019 |
Frequently asked questions about FCQH and XQLT
Which ETF has performed better year to date: FCQH or XQLT?
As of June 11, 2026, FCQH has returned 3.21% year to date, while XQLT has returned 11.28%. XQLT is ahead on YTD performance.
Which ETF is larger by assets under management: FCQH or XQLT?
As of June 11, 2026, FCQH manages $63.38 M in assets, while XQLT manages $252.05 M. XQLT is the larger fund by AUM.
How are FCQH and XQLT managed?
FCQH is passively managed by Fidelity. It tracks the Fidelity US High Quality Currency Neutral GTR Index - CAD benchmark. XQLT is passively managed by iShares. It tracks the MSCI USA Sector Neutral Quality NTR Index - CAD benchmark.
What sectors do FCQH and XQLT emphasize?
FCQH is most exposed to Information Technology, Consumer Discretionary, and Industrials. XQLT is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: FCQH or XQLT?
Year to date, FCQH has seen -$7.73 M in net flows, compared with +$23.88 M for XQLT. XQLT has attracted more net investor money so far.
How do the fees of FCQH and XQLT compare?
FCQH has an expense ratio of 0.42%, while XQLT has an expense ratio of 0.32%.
What are the top holdings of FCQH and XQLT?
FCQH's largest holdings include NVIDIA, APPLE, and MICROSOFT-T. XQLT's top holdings include NVIDIA and APPLE.
Which ETF is more diversified: FCQH or XQLT?
FCQH holds 87 securities, while XQLT holds 117. On holdings count, XQLT is the more diversified portfolio.
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