QUAL is a "quality factor" ETF that screens U.S. large caps for strong fundamentals — profitability, low debt, and similar metrics. Top holdings — Microsoft, Apple, Nvidia — overlap with broad market ETFs, but weightings are adjusted toward financial quality.

Its 17.6% one-year return and -8.6% max drawdown are similar to VOO's in both performance and volatility. It fits the goal of screening for quality names, but the practical differentiation from VOO may be smaller than expected.