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Compare iShares MSCI USA Quality Factor Index ETF (XQLT) vs NBI Active U.S. Equity ETF (NUSA.F) to find the best fit for your portfolio. XQLT and NUSA.F provide the same top sector exposures: Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, XQLT features a management fee (MER) of 0.3%, compared to 0.55% for NUSA.F. Performance-wise, XQLT has returned 18.42% year-to-date with +$31 M in net flows, whereas NUSA.F is at 4.33% with +$0 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
XQLT
NUSA.F
| AuM | $274.91 M | $1.07 M |
| Management Fees | 0.30% | 0.55% |
| Exp. ratio | 0.32% | 0.55% |
| Tracking Difference | -0.22% | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XQLT | -0.50% | +2.58% | +18.42% | +17.37% | +72.69% |
NUSA.F | -3.06% | -1.63% | +4.33% | +4.18% | - | |
| Flows | XQLT | +$6 M | +$7 M | +$31 M | +$25 M | +$116 M |
NUSA.F | +$0 M | +$0 M | +$0 M | +$0 M | - |
XQLT vs NUSA.F exposure
Countries
XQLT
USA
95.88%
NUSA.F
USA
95.93%
Sectors
XQLT
Technology
50.60%
Finance
12.02%
Consumer Non-Cyclicals
9.43%
Healthcare
9.38%
Other
18.57%
NUSA.F
Technology
50.06%
Finance
12.01%
Consumer Non-Cyclicals
10.70%
Healthcare
9.16%
Other
18.06%
As of November 11, 2026
Top 10 Holdings
XQLT
US46432F3394
99.93%
NUSA.F
NVIDIA Corp.
9.75%
Microsoft Corp.
8.87%
Alphabet, Inc.
6.32%
Amazon.com, Inc.
6.13%
Broadcom Inc.
4.25%
Apple, Inc.
4.25%
Lam Research Corp.
4.20%
Meta Platforms, Inc.
4.00%
Micron Technology, Inc.
3.78%
Danaher Corp.
3.76%
Diversification
XQLT
Total weight of top 10 holdings out of 119 total
99.93%
NUSA.F
Total weight of top 10 holdings out of 32 total
55.31%
Characteristics
Compare
XQLT
NUSA.F
| Provider | iShares | National Bank Investments |
| Management | Passively managed | Actively managed |
| Benchmark | MSCI USA Sector Neutral Quality NTR Index - CAD | - |
| Replication Method | Other | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.57% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 10, 2019 | September 16, 2025 |
Frequently asked questions about XQLT and NUSA.F
Which ETF has performed better year to date: XQLT or NUSA.F?
As of November 11, 2026, XQLT has returned 18.42% year to date, while NUSA.F has returned 4.33%. XQLT is ahead on YTD performance.
Which ETF is larger by assets under management: XQLT or NUSA.F?
As of November 11, 2026, XQLT manages $274.91 M in assets, while NUSA.F manages $1.07 M. XQLT is the larger fund by AUM.
How are XQLT and NUSA.F managed?
XQLT is passively managed by iShares. It tracks the MSCI USA Sector Neutral Quality NTR Index - CAD benchmark. NUSA.F is actively managed by National Bank Investments. It does not track an index.
Which ETF is more diversified: XQLT or NUSA.F?
XQLT holds 1 securities, while NUSA.F holds 32. On holdings count, NUSA.F is the more diversified portfolio.
Which ETF is attracting more investor flows: XQLT or NUSA.F?
Year to date, XQLT has seen +$31.01 M in net flows, compared with +$0.00 M for NUSA.F. XQLT has attracted more net investor money so far.
How do the fees of XQLT and NUSA.F compare?
XQLT has an expense ratio of 0.32%, while NUSA.F has an expense ratio of 0.55%.
What sectors do XQLT and NUSA.F emphasize?
XQLT is most exposed to Technology, Finance, and Consumer Non-Cyclicals. NUSA.F is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Recent articles about XQLT and NUSA.F
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