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Launched · SEC filings

State Street SPDR MSCI USA StrategicFactors ETF

QUSNYSE ArcaSPDRA

$196.53+0.33 (+0.17%)

As of Nov 2, 2026, 3:59 PM ET

A79/ 100

Rank 5 of 99 in US Multifactor

A79/100Rank 5 of 99inUS Multifactor
Intraday session: up, 79 prints from 196.20 to 196.53. Range 196.53 to 197.65. Use the arrow keys to read each point.196.75197.00197.25197.5010 AM12 PM2 PM4 PM
Expense ratio
0.15%
Fund size
$1.6B
1Y total return
+15.7%
Yield · Last 12 months
1.24%
Holdings
516
Avg volume · 30D
17.9K sh
52W range
low $167.84high $197.64
Launched
Filings
SEC EDGAR

The ETF.net QUS Grade

A

Score 79 out of 100

Category
US Multifactor⁠
Rank
5 of 99
Six-pillar profile for QUS. Scores out of 100: Cost 83, Risk 83, Mission 87, Tradability 67, Holdings 61, Durability 80. Strongest: Mission (87). Weakest: Holdings (61). No single pillar leads.

Score 79 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A83 out of 100
    Rank 13 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A87 out of 100
    Rank 34 of 87

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A83 out of 100
    Rank 7 of 99

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B67 out of 100
    Rank 22 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B61 out of 100
    Rank 39 of 98

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A80 out of 100
    Rank 13 of 99

Our read on QUS

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Apr 15, 2015

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

QUS$11,575
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. QUS $11,575. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for QUS. Periods over one year show the average yearly return.
PeriodQUS
Year to date+13.2%
1 month+3.2%
3 months+3.6%
1 year+15.7%
3 yearsper year+20.1%
5 yearsper year+10.9%
10 yearsper year+14.1%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QUS
YearReturn barQUS
2026 YTD+13.2%
2025+14.1%
2024+19.2%
2023+21.8%
2022−14.1%
2021+26.7%
2020+12.4%

QUS in the news

QUS Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.24%Last 12 months
Payout per share
$2.43Last 12 months
Last payment
$1.01 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 24 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.30; Jun 16, 2017 $0.37; Sep 15, 2017 $0.34; Dec 15, 2017 $0.43; Mar 16, 2018 $0.33; Jun 1, 2018 $0.30; Dec 21, 2018 $0.92; Jun 3, 2019 $0.72; Dec 20, 2019 $1.00; Jun 1, 2020 $0.77; Dec 18, 2020 $1.03; Jun 1, 2021 $0.74; Dec 17, 2021 $0.92; Jun 1, 2022 $0.76; Dec 16, 2022 $1.09; Jun 1, 2023 $0.86; Dec 15, 2023 $1.21; Apr 1, 2024 $0.11; May 1, 2024 $0.12; Jun 3, 2024 $0.97; Dec 18, 2024 $1.34; Jun 2, 2025 $0.99; Nov 25, 2025 $1.42; Jun 1, 2026 $1.01. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 1, 2026Jun 5, 2026$1.01
Nov 25, 2025Dec 2, 2025$1.42
Jun 2, 2025Jun 6, 2025$0.99
Dec 18, 2024Dec 24, 2024$1.34
Jun 3, 2024Jun 7, 2024$0.97
May 1, 2024May 7, 2024$0.12
Apr 1, 2024Apr 5, 2024$0.11
Dec 15, 2023Dec 22, 2023$1.21
Jun 1, 2023Jun 8, 2023$0.86
Dec 16, 2022Dec 23, 2022$1.09
Jun 1, 2022Jun 8, 2022$0.76
Dec 17, 2021Dec 27, 2021$0.92

See all 31 payments⁠

$10,000 in QUS 10 years ago paid $3,014 in dividends.⁠

QUS Risk

Risk pillarA83 out of 100Rank 7 of 99 in US Multifactor
How much the fund’s monthly returns vary, scaled to a year.
10.1%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.45
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−22.3%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.73
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

QUS Cost

Compare QUS and VYM

Overpaying vs VYM, tied cheapest in US Multifactor

$2,288

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • QUS 0.15%

    $3,137

  • VYM 0.04% Tied cheapest

    $849

$10,000
30 years

Cost over time

  • QUS 0.15%
  • VYM 0.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530QUS $3,137VYM $849

Year by year

YearQUSVYMOverpaying
10$274$73$201
20$1,071$288$783
30$3,137$849$2,288

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