iShares MSCI USA Small-Cap Quality Factor ETF

What this fund is

iShares MSCI USA Small-Cap Quality Factor ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker SQLT (ISIN US46438G1177). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It passively tracks the MSCI USA index — mirroring that market instead of paying a manager to pick winners, which keeps costs low.

It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.2% a year — about €20 a year on a €10,000 holding, taken automatically from the fund. It holds the underlying investments directly (physical replication). Its price has swung about 14.2% over the past year — a gauge of how much the value moves, not a judgement of quality.

It launched in 2026. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from iShares.)