Skip to content
etf.net

ILCV vs QGRO

iShares Morningstar Value ETF

ILCVANYSE Arca

American Century U.S. Quality Growth ETF

QGROBNYSE Arca

Overlap

Expense ratio

ILCV −0.25pt a year

ILCV0.04%QGRO0.29%

Avg volume · 30D

QGRO 3.1×the volume

ILCV24.4KQGRO74.8K

5Y return · a year

ILCV +3.7pt

ILCV+12.6%QGRO+8.9%

ILCV vs QGRO Performance

Oct 29, 2021 – Oct 30, 2026

+81.1%ILCV+53.2%QGRO

Oct 29, 2021 to Oct 30, 2026. ILCV +81.1%. QGRO +53.2%. Use the arrow keys to read each point.−20%0%20%40%Oct 2021Apr 2024Oct 2026
Expense ratio
ILCV 0.04%, better
QGRO 0.29%
Fund size
ILCV $1.37B
QGRO $1.86B
1Y total return
ILCV +21.0%, better
QGRO 0.0%
Yield (12M)
ILCV 1.51%, better
QGRO 0.20%
Holdings
ILCV 375
QGRO 190
Avg volume (30D)
ILCV 24.4K sh
QGRO 74.8K sh, better
NAV per share
ILCV $109.27
QGRO $115.13
52W range

ETF.net Grade

ILCV: Cost 99, Risk 90, Mission 82, Tradability 64, Holdings 39, Durability 82. QGRO: Cost 55, Risk 17, Mission 86, Tradability 80, Holdings 42, Durability 50.
Pillar letters and Scores for ILCV, QGRO, with each pillar’s weight
PillarILCVQGRO
Cost30% weightA99HigherB55
Mission25% weightA82A86Higher
Risk15% weightA90HigherF17
Tradability15% weightB64A80Higher
Holdings10% weightD39C42Higher
Durability5% weightA82HigherC50

Rank among US Multifactor funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ILCV and QGRO are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds
See all 99 ›

ILCV ranks 2nd and QGRO 42nd of 99 funds in the US Multifactor Category.

  1. Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
  2. Rank 2AILCViShares Morningstar Value ETFScore 81
  3. Rank 2AVYMVanguard High Dividend Yield ETFScore 81
  4. Rank 40BUSMFWisdomTree U.S. Multifactor FundScore 60
  5. Rank 42BQGROAmerican Century U.S. Quality Growth ETFScore 59
  6. Rank 43BQARPXtrackers Russell 1000 US Quality at a Reasonable Price ETFScore 58

Our read on each fund

ETF.net Research

ILCVAiShares Morningstar Value ETF

QGROBAmerican Century U.S. Quality Growth ETF

In short

ILCV Value done the thorough way: roughly 400 large- and mid-cap US stocks screened on five separate value measures, not just cheap book value. Running since 2004 at four basis points, it's one of the cheapest tickets into the value factor.

QGRO Plenty of growth funds pay any price for growth. QGRO tracks an index that screens U.S. large- and mid-caps on quality, growth and valuation together, roughly 190 names, for 0.29% a year.

Stated mandate

ILCV The fund seeks to track an index of U.S. large- and mid-cap stocks selected with value-oriented measures including forward earnings, book value, sales, cash flow, and dividend yield.

QGRO The fund seeks exposure to U.S. large- and mid-capitalization companies selected for attractive quality, growth and valuation characteristics.

Why people hold it

  • ILCV Charges 0.04% a year against a 0.32% median for its factor peer group. Undercuts well-regarded rivals like VONV (0.06%) and FNDX (0.25%).
  • Value gets defined five ways: forward earnings, book value, sales, cash flow and dividend yield. Wider lens than a single price-to-book screen.ishares.com
  • Spreads the bet across about 400 large- and mid-cap names and distributes quarterly.
  • Trading since 2004 and now a multi-billion-dollar fund, it ranks among the strongest implementations in its factor cohort.
  • QGRO The screen is a three-part filter, not a momentum chase: quality, growth and valuation characteristics all feed the American Century U.S. Quality Growth Index that the fund follows.americancentury.com
  • 0.29% a year sits under the typical multifactor fund's fee, and you get an active-shop screen wrapped in a rules-based index.
  • It does what the label says: the portfolio hews closely to its stated index, with tight, easy trading and over a billion dollars in assets behind it.
  • Live since 2018 with a quarterly distribution, so it has a real multi-cycle record rather than a backtest.

Worth knowing

  • ILCV One of the quieter tickers in its category. Thin volume means spreads matter more here than on a mega-cap index fund, and limit orders are the usual tool.
  • Value-only by design. It skips the market's priciest growth leaders, so it moves differently from a total-market fund in both directions.ishares.com
  • Large and mid caps only. Small-cap value sits outside the mandate.
  • QGRO Cheap beta is cheaper. IUSG runs 0.04% and FNDX 0.25% for their own large-cap tilts, so you are paying up for the multi-factor screen.
  • A growth tilt held in about 190 names carries more swing than a total-market fund. Its risk profile is the weakest link in an otherwise upper-half showing.
  • It is a style sleeve, not a whole portfolio: the mandate is U.S. large- and mid-caps only, no international or small-cap exposure.

Full ILCV profile⁠

Full QGRO profile⁠

ILCV vs QGRO Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ILCV vs QGRO Cost

Overpaying QGRO vs ILCV

$5,103

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

  • ILCV 0.04%

    $849

  • QGRO 0.29%

    $5,952

$10,000
30 years

Cost over time

  • ILCV 0.04%
  • QGRO 0.29%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530QGRO $5,952ILCV $849

Year by year

YearILCVQGROOverpaying
10$73$527$454
20$288$2,044$1,756
30$849$5,952$5,103

Expense ratio

  • 0.04%ILCV, cheaper
  • 0.29%QGRO
  • Middle half of US Multifactor funds
  • Median 0.29%

ILCV cheapest of 99 funds

QGRO 43rd cheapest of 99 funds

ILCV vs QGRO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ILCV 1.51%, better
QGRO 0.20%
Payout (12M)
ILCV $1.65
QGRO $0.23
Last payment
ILCV $0.42
QGRO $0.06
Ex-dividend
ILCV Sep 15, 2026
QGRO Sep 8, 2026
Paid on
ILCV Sep 18, 2026
QGRO Sep 10, 2026
Frequency
ILCV Quarterly
QGRO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ILCVQuarterly · 39 paymentsAll ILCV payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.28; Jun 27, 2017 $0.30; Sep 26, 2017 $0.31; Dec 19, 2017 $0.34; Mar 22, 2018 $0.33; Jun 26, 2018 $0.35; Sep 26, 2018 $0.34; Dec 17, 2018 $0.39; Mar 20, 2019 $0.35; Jun 17, 2019 $0.34; Sep 24, 2019 $0.44; Dec 16, 2019 $0.45; Mar 25, 2020 $0.44; Jun 15, 2020 $0.40; Sep 23, 2020 $0.41; Dec 14, 2020 $0.40; Mar 25, 2021 $0.36; Jun 10, 2021 $0.25; Sep 24, 2021 $0.39; Dec 13, 2021 $0.40; Mar 24, 2022 $0.33; Jun 9, 2022 $0.27; Sep 26, 2022 $0.47; Dec 13, 2022 $0.40; Mar 23, 2023 $0.36; Jun 7, 2023 $0.30; Sep 26, 2023 $0.45; Dec 20, 2023 $0.48; Mar 21, 2024 $0.35; Jun 11, 2024 $0.37; Sep 25, 2024 $0.46; Dec 17, 2024 $0.43; Mar 18, 2025 $0.38; Jun 16, 2025 $0.40; Sep 16, 2025 $0.40; Dec 16, 2025 $0.48; Mar 17, 2026 $0.36; Jun 15, 2026 $0.39; Sep 15, 2026 $0.42. Use the arrow keys to read each point.$0$0.502017202020232026YTD
QGROQuarterly · 32 paymentsAll QGRO payments⁠
One bar per payment. 32 payments from 2017 to 2026 YTD. Dec 21, 2018 $0.04; Mar 20, 2019 $0.03; Jun 24, 2019 $0.05; Sep 23, 2019 $0.03; Dec 23, 2019 $0.06; Mar 24, 2020 $0.05; Jun 23, 2020 $0.04; Sep 22, 2020 $0.01; Dec 17, 2020 $0.04; Mar 23, 2021 $0.05; Jun 22, 2021 $0.05; Sep 21, 2021 $0.13; Dec 16, 2021 $0.01; Mar 22, 2022 $0.01; Jun 21, 2022 $0.11; Sep 20, 2022 $0.07; Dec 15, 2022 $0.07; Mar 23, 2023 $0.10; Jun 20, 2023 $0.08; Sep 21, 2023 $0.06; Dec 18, 2023 $0.07; Mar 21, 2024 $0.06; Jun 24, 2024 $0.09; Sep 23, 2024 $0.08; Dec 17, 2024 $0.02; Mar 25, 2025 $0.09; Jun 24, 2025 $0.07; Sep 23, 2025 $0.04; Dec 16, 2025 $0.08; Mar 10, 2026 $0.03; Jun 9, 2026 $0.06; Sep 8, 2026 $0.06. Use the arrow keys to read each point.$0$0.502017202020232026YTD

ILCV vs QGRO Risk

Fall from peak · 5 years

  • ILCV
  • QGRO
Oct 29, 2021 to Oct 30, 2026. Worst fall: QGRO −31.8% · Jun 2022. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
ILCV 10.7%, betterQGRO 15.4%
Return per unit of riskSharpe ratio, 3 years
ILCV 1.57, betterQGRO 1.03
Worst fallMax drawdown, 5 years
ILCV −18.6%, betterQGRO −31.8%
Market sensitivityBeta, 5 years
ILCV 0.82QGRO 1.09

ILCV and QGRO in the news

All news⁠

Popular comparisons

  • ILCVAvsVONVA

    iShares Morningstar Value ETF · Vanguard Russell 1000 Value ETF

    Expense ratio
    0.04% · 0.06%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QGROBvsVONVA

    American Century U.S. Quality Growth ETF · Vanguard Russell 1000 Value ETF

    Expense ratio
    0.29% · 0.06%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ILCVAvsVYMA

    iShares Morningstar Value ETF · Vanguard High Dividend Yield ETF

    Expense ratio
    0.04% · 0.04%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QGROBvsVYMA

    American Century U.S. Quality Growth ETF · Vanguard High Dividend Yield ETF

    Expense ratio
    0.29% · 0.04%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ILCVAvsIMCVA

    iShares Morningstar Value ETF · iShares Morningstar Mid-Cap Value ETF

    Expense ratio
    0.04% · 0.06%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QGROBvsIMCVA

    American Century U.S. Quality Growth ETF · iShares Morningstar Mid-Cap Value ETF

    Expense ratio
    0.29% · 0.06%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.