FCTE vs QUAL
SMI 3Fourteen Full-Cycle Trend ETF against iShares MSCI USA Quality Factor ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
29%
13 shared positions
Fee gap
70 bp
QUAL is cheaper
1-year return gap
2.0 pts
QUAL is ahead
Larger fund
QUAL
$49.0B
Side by side
| FCTE | QUAL | |
|---|---|---|
| Fund | SMI 3Fourteen Full-Cycle Trend ETF | iShares MSCI USA Quality Factor ETF |
| Issuer | SMI | iShares |
| Category | Managed Futures | Quality |
| Expense ratio | 0.85% | 0.15% |
| Assets | $245M | $49.0B |
| Average daily dollar volume | $600K | $226M |
| Listed | Jul 1, 2024 | Jul 16, 2013 |
| FrenzyCap score | 46 | 88 |
| 1-month return | +5.9% | +4.0% |
| 3-month return | +3.5% | +3.9% |
| Year to date | +20.2% | +14.3% |
| 1-year return | +13.5% | +15.5% |
| 30-day volatility | 15.3% | 9.4% |
| Worst drawdown, 1 year | −12.8% | −9.2% |
| Trailing 12-month yield | 0.07% | 0.83% |
| Holdings | 20 | 122 |
| Top 10 weight | 50.3% | 45.8% |
| Look-through P/E | 27.6 | 28.2 |
| Holdings vs fair value | +8.0% | −0.5% |
| Holdings above 200-day average | 70% | 77% |
| Net flow, latest 3 reported months | −$6.6M thru Jun 2026 | −$6.4B thru Jul 2026 |
| 30-day implied volatility | — | 12.1% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Oct 8, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
65% of FCTE · 34% of QUAL
Sector mix of the stock holdings
| Sector | FCTE | QUAL | Gap |
|---|---|---|---|
| Technology | 45.1% | 44.9% | +0.2% |
| Industrials | 20.0% | 16.1% | +3.9% |
| Health Care | 19.9% | 9.8% | +10.1% |
| Consumer Discretionary | 5.0% | 10.7% | −5.7% |
| Financials | 5.0% | 3.6% | +1.4% |
| Consumer Staples | 5.0% | 2.5% | +2.4% |
| Energy | 0.0% | 3.2% | −3.2% |
| Materials | 0.0% | 2.0% | −2.0% |
| Utilities | 0.0% | 1.9% | −1.9% |
| Communication Services | 0.0% | 1.7% | −1.7% |
| Real Estate | 0.0% | 1.5% | −1.5% |
More: full overlap table · FCTE holdings · QUAL holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.