State Street SPDR MSCI USA StrategicFactors ETF
$192.04−0.54 (−0.28%)
- Expense ratio
- 0.15%
- Fund size
- $1.6B
- 1Y return
- +14.6%
- Yield · Last 12 months
- 1.26%
- Holdings
- 512
- Volume · 30D
- 0M sh
- NAV per share
- $192.96
- 52W range
The ETF.net QUS Grade
Score 79 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 83Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 88Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 83Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 68Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 60Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 81Category rank
Our read on QUS
AMost factor ETFs pick one lane. QUS runs three at once: quality, value and low volatility blended into a single broad US portfolio, at 0.15% a year, well under what the typical multifactor fund charges.
The fund seeks to track the MSCI USA Factor Mix A-Series Capped Index before fees and expenses. Its strategy combines low-volatility, quality, and value exposures in one smart-beta portfolio.
Why people hold it
- Three factors, one ticket. The index combines quality, value and low-volatility exposure, so a diversified tilt does not mean stacking three separate funds.ssga.com
- At 0.15%, the fee is less than half the median in its multifactor cohort and undercuts Schwab's FNDX at 0.25%.
- Roughly 500 US names keeps this broad rather than a narrow bet, and the fund has tracked its MSCI index closely since launching in 2015.
- A multi-billion-dollar State Street fund, and one of the stronger multifactor implementations in its peer group.
Worth knowing
- It is thinly traded next to the category's giants, so bid-ask spreads can run wider than on plain index heavyweights.
- Blending three factors mutes each one. By design this tracks neither a pure value fund like VONV nor a pure low-volatility sleeve.
- Distributions land once or twice a year, not quarterly, so this is not shaped like an income fund such as VYM.
QUS Holdings
- Stocks
- 512
- 23%
- MSFT
Sectors
- Technology29.5%
- Financials15.5%
- Health Care14.6%
- Communication8.6%
- Cons. Staples8.2%
- Industrials7.7%
- Consumer Discr.5.8%
- Energy3.4%
- Utilities3.2%
- Materials2.1%
- Real Estate1.4%
Geography
- United States95.83%
- Ireland1.77%
- United Kingdom0.83%
- Switzerland0.78%
- Canada0.42%
- Uruguay0.16%
- Bermuda0.11%
- Cayman Islands0.07%
- 0.03%
QUS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
QUS$11,460
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QUS |
|---|---|
| Year to date | +11.1% |
| 1 month | −1.1% |
| 3 months | +4.8% |
| 1 year | +14.6% |
| 3 years | +18.3% |
| 5 years | +11.3% |
| 10 years | +13.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QUS |
|---|---|---|
| 2026 YTD | +11.1% | |
| 2025 | +14.1% | |
| 2024 | +19.2% | |
| 2023 | +21.8% | |
| 2022 | −14.1% | |
| 2021 | +26.7% | |
| 2020 | +12.4% |
QUS in the news
QUS Dividends
- 1.26%
- $2.43
- $1.01 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 1, 2026 | Jun 5, 2026 | $1.01 |
| Nov 25, 2025 | Dec 2, 2025 | $1.42 |
| Jun 2, 2025 | Jun 6, 2025 | $0.99 |
| Dec 18, 2024 | Dec 24, 2024 | $1.34 |
| Jun 3, 2024 | Jun 7, 2024 | $0.97 |
| May 1, 2024 | May 7, 2024 | $0.12 |
| Apr 1, 2024 | Apr 5, 2024 | $0.11 |
| Dec 15, 2023 | Dec 22, 2023 | $1.21 |
| Jun 1, 2023 | Jun 8, 2023 | $0.86 |
| Dec 16, 2022 | Dec 23, 2022 | $1.09 |
| Jun 1, 2022 | Jun 8, 2022 | $0.76 |
| Dec 17, 2021 | Dec 27, 2021 | $0.92 |
QUS Risk
- 10.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.18
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.73
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QUS Cost
0.15%
QUS0.15%
- The middle half of US Multifactor funds
- Median 0.30%
12 of the 98 US Multifactor funds charge less.