QUAL vs MOAT: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
QUAL comes out ahead on 10 of 10 measures. Which matters most depends on you.
The short answer
Worth about $6,014 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
A tighter gap between the buy and sell price.
QUAL vs MOAT side by side
| QUAL leads on 10, MOAT on 0 | QUALVanEck MSCI International Quality ETF | MOATVanEck Morningstar Wide Moat ETF |
|---|---|---|
| The basics | ||
| Index tracked | MSCI World ex Australia Quality Index | Morningstar Wide Moat Focus Index |
| Fund manager | VanEck | VanEck |
| Asset class | International shares | International shares |
| Listed | Oct 2014 | Jun 2015 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.40%β | 0.49% |
| AUMfund size | $9.2bnβ | $847m |
| Net flows (Sep)new money in, last month | $195mβ | β$12m |
| Bid/ask spreadtrading cost, lower is better | 0.04%β | 0.08% |
| Total returns | ||
| 1 month | +2.9%β | β4.2% |
| 1 year | +10.1%β | +3.5% |
| 3 years p.a. | +16.1%β | +9.5% |
| 5 years p.a. | +11.4%β | +8.3% |
| $10,000 invested | ||
| 1 year ago | $11,006β | $10,354 |
| 5 years ago | $17,148β | $14,886 |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
QUAL vs MOAT price chart
Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView
What $10,000 invested is worth now
$10,000 put into QUAL 5 years ago is worth $17,148 today, against $14,886 in MOAT. That is $2,262 more in QUAL.
Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.
What the fees cost you
QUAL's lower fee leaves about $6,014 more in your pocket over 20 years.
Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.
QUAL and MOAT overlap
23 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.
| Biggest shared holdings | % of QUAL | % of MOAT |
|---|---|---|
| 6.02% | 2.74% | |
| 4.65% | 2.44% | |
| 4.46% | 2.22% | |
| 3.82% | 2.07% | |
| 1.17% | 1.06% | |
| 3.47% | 1.02% | |
| 0.84% | 1.43% | |
| 0.63% | 1.12% | |
| 0.58% | 1.27% | |
| 0.40% | 1.29% | |
| 0.38% | 1.49% | |
| 0.20% | 1.19% |
Add more ETFs and see the overlap in Compare ETFs β
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Get the full QUAL vs MOAT report
- Every holding of each ETF: the top 50 companies, with sectors and countries
- Exactly which companies they share, and how much of each
- Fees in dollars over 10, 20 and 30 years
- Every metric side by side, including the index each tracks
- β FREE BONUSIs now a good time to invest? The Market Health-O-Meter

FAQs
Which is better, QUAL or MOAT?
It depends on what you need. On our numbers QUAL wins on 10 measures and MOAT on 0. QUAL is cheaper, with a management fee of 0.40% vs 0.49%. On $100,000 over 20 years that difference is worth about $6,014. QUAL is the larger fund at $9.2bn vs $847m. QUAL has the better 1-year return: +10.1% vs +3.5%.
Which is cheaper, QUAL or MOAT?
QUAL charges 0.40% a year and MOAT charges 0.49% a year.
Can I hold both QUAL and MOAT?
You can, but check how much they overlap. QUAL is a international shares fund and MOAT is a international shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.