iShares Edge MSCI USA Quality Factor ETF (QUAL): Historical Returns

Data Source: from January 1976 to April 2024 (~48 years)
Consolidated Returns as of 30 April 2024
Live Update: May 17 2024
Category: Stocks
iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF
Currency: USD
ETF • LIVE PERFORMANCE (USD currency)
0.02%
1 Day
May 17 2024
5.47%
Current Month
May 2024

In the last 30 Years, the iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF obtained a 11.78% compound annual return, with a 15.09% standard deviation.

Table of contents
The first official book of
How to build wealth
with Lazy Portfolios and Passive Investing Strategies
Choose a goal
Employ the best metrics to evaluate it
Join the passive investing strategy
Discover new asset allocations in USD and EUR,
in addition to the lazy portfolios on the website.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Growth
  • Region: North America
  • Country: U.S.

The iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF is part of the following Lazy Portfolios:

Portfolio Name Author QUAL Weight Currency
US Stocks Quality 100.00% USD

Investment Returns as of Apr 30, 2024

The iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES EDGE MSCI USA QUALITY FACTOR ETF (QUAL) ETF
Consolidated returns as of 30 April 2024
Live Update: May 17 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Apr 30, 2024
  1 Day Time ET(*) May 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~48Y)
iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF -0.02 5.47 -4.50 21.61 26.00 12.98 12.53 11.78 12.34
US Inflation Adjusted return -4.79 19.41 21.90 8.45 9.41 9.00 8.40
Returns over 1 year are annualized | Available data source: since Jan 1976
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Apr 2024. Current inflation (annualized) is 1Y: 3.36% , 5Y: 4.18% , 10Y: 2.85% , 30Y: 2.55%

In 2023, the iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF granted a 1.59% dividend yield. If you are interested in getting periodic income, please refer to the iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF: Dividend Yield page.

Capital Growth as of Apr 30, 2024

An investment of 1$, since May 1994, now would be worth 28.26$, with a total return of 2726.07% (11.78% annualized).

The Inflation Adjusted Capital now would be 13.28$, with a net total return of 1228.19% (9.00% annualized).
An investment of 1$, since January 1976, now would be worth 277.56$, with a total return of 27656.37% (12.34% annualized).

The Inflation Adjusted Capital now would be 49.27$, with a net total return of 4827.27% (8.40% annualized).

Investment Metrics as of Apr 30, 2024

Metrics of iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF, updated as of 30 April 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES EDGE MSCI USA QUALITY FACTOR ETF (QUAL) ETF
Advanced Metrics
Data Source: 1 January 1976 - 30 April 2024 (~48 years)
Swipe left to see all data
Metrics as of Apr 30, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~48Y)
Investment Return (%) -4.50 4.53 21.61 26.00 8.58 12.98 12.53 10.52 11.78 12.34
Infl. Adjusted Return (%) details -4.79 3.35 19.41 21.90 2.92 8.45 9.41 7.72 9.00 8.40
US Inflation (%) 0.31 1.14 1.85 3.36 5.50 4.18 2.85 2.60 2.55 3.64
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -6.88 -27.78 -27.78 -27.78 -46.25 -46.25 -46.25
Start to Recovery (# months) details 4 24 24 24 40 40 40
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 9 9 9 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 1 15 15 15 24 24 24
End (yyyy mm) 2023 11 2023 12 2023 12 2023 12 2011 02 2011 02 2011 02
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
-43.01 -43.01
Start to Recovery (# months) details 77 77
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 2000 09 2000 09
Start to Bottom (# months) 3 9 9 9 16 25 25
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2002 09 2002 09
Bottom to End (# months) 1 15 15 15 24 52 52
End (yyyy mm) 2023 11 2023 12 2023 12 2023 12 2011 02 2007 01 2007 01
Longest negative period (# months) details 4 27 27 27 61 130 130
Period Start (yyyy mm) 2023 07 2021 08 2021 08 2021 08 2004 06 1998 05 1998 05
Period End (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 06 2009 02 2009 02
Annualized Return (%) -9.73 -1.11 -1.11 -1.11 -0.29 -0.20 -0.20
Deepest Drawdown Depth (%) -7.75 -31.56 -31.56 -31.56 -47.14 -50.85 -50.85
Start to Recovery (# months) details 4 26 26 26 52 149 149
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 2000 09 2000 09
Start to Bottom (# months) 3 9 9 9 16 102 102
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 1 17 17 17 36 47 47
End (yyyy mm) 2023 11 2024 02 2024 02 2024 02 2012 02 2013 01 2013 01
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 2000 09 2000 09
Start to Bottom (# months) 3 9 9 9 16 102 102
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 1 17 17 17 36 47 47
End (yyyy mm) 2023 11 2024 02 2024 02 2024 02 2012 02 2013 01 2013 01
Longest negative period (# months) details 4 31 34 34 76 156 156
Period Start (yyyy mm) 2023 07 2021 05 2019 12 2019 12 2004 05 2000 01 2000 01
Period End (yyyy mm) 2023 10 2023 11 2022 09 2022 09 2010 08 2012 12 2012 12
Annualized Return (%) -12.80 -0.37 -1.43 -1.43 -0.12 -0.09 -0.09
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 14.39 18.79 19.05 15.53 14.92 15.09 15.06
Sharpe Ratio 1.44 0.32 0.58 0.73 0.61 0.63 0.55
Sortino Ratio 1.95 0.42 0.77 0.97 0.81 0.83 0.75
Ulcer Index 2.74 11.52 9.57 7.16 10.57 13.77 11.75
Ratio: Return / Standard Deviation 1.81 0.46 0.68 0.81 0.70 0.78 0.82
Ratio: Return / Deepest Drawdown 3.78 0.31 0.47 0.45 0.23 0.25 0.27
% Positive Months details 66% 58% 61% 63% 64% 63% 61%
Positive Months 8 21 37 76 154 227 357
Negative Months 4 15 23 44 86 133 223
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 12.53 16.81 16.81 22.42
Worst 10 Years Return (%) - Annualized 7.97 -2.18 -2.18
Best 10 Years Return (%) - Annualized 9.41 14.78 14.78 19.14
Worst 10 Years Return (%) - Annualized 6.05 -4.65 -4.65
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 53.98 36.99 34.78 16.81 11.70 11.78
Worst Rolling Return (%) - Annualized -39.37 -15.42 -5.11 -2.18 5.30
% Positive Periods 81% 82% 89% 93% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 75.51 23.64 14.20 7.27 4.67 11.48
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.16 10.61
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 50.89 34.08 31.65 14.78 9.16 9.00
Worst Rolling Return (%) - Annualized -39.37 -17.45 -7.55 -4.65 3.16
% Positive Periods 79% 79% 79% 88% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 75.51 23.64 14.20 7.27 4.67 11.48
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.16 10.61
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1976 - Apr 2024)
Best Rolling Return (%) - Annualized 55.12 36.99 34.78 22.42 20.15 14.32
Worst Rolling Return (%) - Annualized -39.37 -15.42 -5.11 -2.18 5.30 10.22
% Positive Periods 79% 89% 94% 96% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 75.51 23.64 14.20 7.27 4.67 6.44
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.16 5.86
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 51.38 34.08 31.65 19.14 15.68 10.12
Worst Rolling Return (%) - Annualized -39.37 -17.45 -7.55 -4.65 3.16 7.51
% Positive Periods 74% 82% 84% 93% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 75.51 23.64 14.20 7.27 4.67 6.44
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.16 5.86
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Apr 30, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES EDGE MSCI USA QUALITY FACTOR ETF (QUAL) ETF
Monthly correlations as of 30 April 2024
Swipe left to see all data
Correlation vs QUAL
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.99
0.98
0.98
0.98
0.98
SPY
US Large Cap
0.99
0.99
0.99
0.99
0.99
IJR
US Small Cap
0.84
0.84
0.83
0.80
0.80
VNQ
US REITs
0.88
0.84
0.75
0.60
0.60
QQQ
US Technology
0.89
0.92
0.91
0.83
0.82
PFF
Preferred Stocks
0.82
0.79
0.74
0.46
0.45
EFA
EAFE Stocks
0.89
0.89
0.86
0.82
0.79
VT
World All Countries
0.96
0.97
0.95
0.94
0.93
EEM
Emerging Markets
0.74
0.71
0.67
0.71
0.67
VGK
Europe
0.85
0.89
0.84
0.83
0.82
VPL
Pacific
0.92
0.85
0.82
0.70
0.65
FLLA
Latin America
0.77
0.66
0.53
0.62
0.61
BND
US Total Bond Market
0.72
0.54
0.42
0.19
0.19
TLT
Long Term Treasuries
0.78
0.24
0.14
-0.08
-0.07
BIL
US Cash
0.28
-0.01
0.00
0.02
0.02
TIP
TIPS
0.70
0.63
0.51
0.21
0.22
LQD
Invest. Grade Bonds
0.75
0.68
0.59
0.34
0.34
HYG
High Yield Bonds
0.83
0.84
0.80
0.66
0.65
CWB
US Convertible Bonds
0.84
0.82
0.83
0.82
0.81
BNDX
International Bonds
0.67
0.58
0.46
0.17
0.17
EMB
Emerg. Market Bonds
0.87
0.77
0.68
0.55
0.55
GLD
Gold
0.08
0.25
0.10
0.05
0.04
DBC
Commodities
-0.03
0.42
0.37
0.30
0.30

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

ISHARES EDGE MSCI USA QUALITY FACTOR ETF (QUAL) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 May 1994 - 30 April 2024 (30 Years)
Data Source: 1 January 1976 - 30 April 2024 (~48 years)
Inflation Adjusted:
Swipe left to see all data
Swipe left to see all data
Swipe left to see all data
Swipe left to see all data

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES EDGE MSCI USA QUALITY FACTOR ETF (QUAL) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 May 1994 - 30 April 2024 (30 Years)
Data Source: 1 January 1976 - 30 April 2024 (~48 years)
Inflation Adjusted:

If you need a deeper detail about rolling returns, please refer to the iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Swipe left to see all data
Swipe left to see all data

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares Edge MSCI USA Quality Factor ETF (QUAL) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES EDGE MSCI USA QUALITY FACTOR ETF (QUAL) ETF
Monthly Returns Distribution
Data Source: 1 May 1994 - 30 April 2024 (30 Years)
Data Source: 1 January 1976 - 30 April 2024 (~48 years)
227 Positive Months (63%) - 133 Negative Months (37%)
357 Positive Months (62%) - 223 Negative Months (38%)
Swipe left to see all data
(Scroll down to see all data)
Investment Returns, up to December 2013, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.