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Compare Fidelity U.S. High Quality Index ETF (FCUQ) vs iShares MSCI USA Quality Factor Index ETF (XQLT) to find the best fit for your portfolio. FCUQ provides Information Technology, Consumer Discretionary, and Industrials exposures, while XQLT is primarily weighted in Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, FCUQ features a management fee (MER) of 0.35%, compared to 0.3% for XQLT. Performance-wise, FCUQ has returned 5.75% year-to-date with +$497 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
FCUQ
XQLT
| AuM | $2,402.67 M | $252.05 M |
| Management Fees | 0.35% | 0.30% |
| Exp. ratio | 0.39% | 0.32% |
| Tracking Difference | -0.63% | -0.28% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCUQ | +2.21% | +8.96% | +5.75% | +13.75% | +64.98% |
XQLT | +5.16% | +11.67% | +11.28% | +23.44% | +76.58% | |
| Flows | FCUQ | +$54 M | +$235 M | +$497 M | +$1,066 M | +$1,787 M |
XQLT | +$3 M | +$12 M | +$24 M | +$28 M | +$108 M |
FCUQ vs XQLT exposure
Countries
FCUQ
USA
93.10%
XQLT
USA
94.75%
Sectors
FCUQ
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
FCUQ
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
FCUQ
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
FCUQ
XQLT
| Provider | Fidelity | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity US High Quality 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 | 0.68% | 0.63% |
| Meets ESG criteria | No | No |
| Inception Date | January 24, 2019 | September 10, 2019 |
Frequently asked questions about FCUQ and XQLT
Which ETF has performed better year to date: FCUQ or XQLT?
As of June 11, 2026, FCUQ has returned 5.75% year to date, while XQLT has returned 11.28%. XQLT is ahead on YTD performance.
Which ETF is larger by assets under management: FCUQ or XQLT?
As of June 11, 2026, FCUQ manages $2.40 B in assets, while XQLT manages $252.05 M. FCUQ is the larger fund by AUM.
How are FCUQ and XQLT managed?
FCUQ is passively managed by Fidelity. It tracks the Fidelity US High Quality 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 FCUQ and XQLT emphasize?
FCUQ 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: FCUQ or XQLT?
Year to date, FCUQ has seen +$496.91 M in net flows, compared with +$23.88 M for XQLT. FCUQ has attracted more net investor money so far.
How do the fees of FCUQ and XQLT compare?
FCUQ has an expense ratio of 0.39%, while XQLT has an expense ratio of 0.32%.
What are the top holdings of FCUQ and XQLT?
FCUQ's largest holdings include NVIDIA, APPLE, and MICROSOFT-T. XQLT's top holdings include NVIDIA and APPLE.
Which ETF is more diversified: FCUQ or XQLT?
FCUQ holds 87 securities, while XQLT holds 117. On holdings count, XQLT is the more diversified portfolio.
Recent articles about FCUQ and XQLT
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