βš”οΈ Head to head

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.

They are quite different funds. Only 16% of their portfolios overlap, so this is a choice between two different strategies, not just two providers.

The short answer

πŸ’ΈLower feeQUAL wins
QUAL
0.40%
MOAT
0.49%

Worth about $6,014 on $100,000 over 20 years.

🏦Bigger fundQUAL wins
QUAL
$9.2bn
MOAT
$847m

Bigger funds usually trade more cheaply and are less likely to close.

πŸ“ˆ1-year returnQUAL wins
QUAL
+10.1%
MOAT
+3.5%
πŸ“Š3-year returnQUAL wins
QUAL
+16.1% a yr
MOAT
+9.5% a yr
🏁5-year returnQUAL wins
QUAL
+11.4% a yr
MOAT
+8.3% a yr
βš–οΈCheaper to tradeQUAL wins
QUAL
0.04%
MOAT
0.08%

A tighter gap between the buy and sell price.

QUAL vs MOAT side by side

QUAL leads on 10, MOAT on 0QUALVanEck MSCI International Quality ETFMOATVanEck Morningstar Wide Moat ETF
The basics
Index trackedMSCI World ex Australia Quality IndexMorningstar Wide Moat Focus Index
Fund managerVanEckVanEck
Asset classInternational sharesInternational shares
ListedOct 2014Jun 2015
Cost and size
MERyearly fee, lower is better0.40%βœ“0.49%
AUMfund size$9.2bnβœ“$847m
Net flows (Sep)new money in, last month$195mβœ“βˆ’$12m
Bid/ask spreadtrading cost, lower is better0.04%βœ“0.08%
Total returns
1 month+2.9%βœ“βˆ’4.2%
1 year+10.1%βœ“+3.5%
3 years p.a.+16.1%βœ“+9.5%
5 years p.a.+11.4%βœ“+8.3%
$10,000 invested
1 year ago$11,006βœ“$10,354
5 years ago$17,148βœ“$14,886

βœ“ 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

πŸ“ˆ Growth

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.

QUALMOAT$10,000 invested
$0k$5k$10k$15k$20k$11.0k$10.4k1 year agoQUAL +$652$15.7k$13.1k3 years agoQUAL +$2,532$17.1k$14.9k5 years agoQUAL +$2,262

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.

πŸ’Έ Cost

What the fees cost you

QUAL's lower fee leaves about $6,014 more in your pocket over 20 years.

QUAL charges 0.40% a yearMOAT charges 0.49% a year
🧾 Fees paid on $100,000Saving
5 years
QUAL
βˆ’$2,602
MOAT
βˆ’$3,182
You keep$580more with QUAL
10 years
QUAL
βˆ’$7,231
MOAT
βˆ’$8,825
You keep$1,594more with QUAL
20 years
QUAL
βˆ’$27,927
MOAT
βˆ’$33,942
You keep$6,014more with QUAL

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

16%portfolio overlap (low: they are quite different underneath)

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.

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  • 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
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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
Keep in touch with the marketsWeekly ETF research, the Market Health-O-Meter and our model portfolio.Try it free for 30 days β†’

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

VGS vs QUALQUAL vs QHALQUAL vs QSMLQUAL vs QHSMQUAL vs VESGQUAL vs IJPQUAL vs QLTYQUAL vs VLUEQUAL vs IVEQUAL vs L1IFQUAL vs QMIXQUAL vs WCMQQUAL vs MSTRMOAT vs MSTRMOAT vs TECH

Add more ETFs to this comparison β†’

General information only, not a recommendation. Past performance is not a reliable indicator of future performance.