iShares MSCI Global Quality Factor ETF (AQLT) Valuation
AQLT valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 29.6 trailing earnings
- Forward P/E
- 22.6 analyst estimates
- Price / sales
- 5.38
- Price / book
- 10.35
- EV / EBITDA
- 19.2
- Earnings yield
- 3.38% inverse of P/E
- Dividend yield
- 0.92% of the holdings
- Return on equity
- 34.9% combined
- Net margin
- 18.2% combined
- Beta
- 1.08 weighted, vs S&P 500
AQLT valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| AQLT | 29.6 | 22.6 | 5.38 | 10.35 | 0.92% | 34.9% | 18.2% | 0.9% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
AQLT valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 42.3% | 33.3 | 24.7 | 9.73 | 13.86 | 0.70% | 41.6% |
| Healthcare | 14.2% | 45.3 | 20.0 | 7.39 | 10.21 | 1.27% | 22.5% |
| Communication Services | 10.5% | 21.2 | 21.4 | 7.87 | 7.22 | 0.27% | 34.0% |
| Industrials | 9.9% | 27.3 | 23.0 | 3.36 | 9.91 | 1.36% | 36.3% |
| Financial Services | 8.3% | 24.0 | 18.8 | 5.41 | 9.97 | 0.98% | 41.6% |
| Consumer Defensive | 8.0% | 30.6 | 27.1 | 2.13 | 8.77 | 1.76% | 28.6% |
| Consumer Cyclical | 3.5% | 19.7 | 16.6 | 1.22 | 6.22 | 1.14% | 31.6% |
| Real Estate | 0.1% | 28.5 | 27.2 | 11.35 | 11.18 | 4.02% | 39.3% |
AQLT earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How AQLT weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
AQLT largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 6.13% | 29.5 | 25.1 | 11.8 | 0.74% | 8.56% |
| AAPL | Apple Inc. | 5.54% | 39.4 | 35.2 | 10.7 | 0.31% | 5.78% |
| 2330 | Taiwan Semiconductor Manufacturing Co. Ltd. | 5.21% | — | — | — | — | — |
| NVDA | NVIDIA Corporation | 4.51% | 27.1 | 24.9 | 17.1 | 0.47% | 6.86% |
| META | Meta Platforms, Inc. | 4.42% | 26.7 | 22.1 | 7.9 | 0.30% | 6.81% |
| AVGO | Broadcom Inc. | 3.97% | 43.3 | 19.4 | 17.6 | 0.79% | 3.77% |
| LLY | Eli Lilly and Company | 3.33% | 42.2 | 24.4 | 14.1 | 0.55% | 3.25% |
| V | Visa Inc. | 2.49% | 34.3 | 24.0 | 17.0 | 0.67% | 2.99% |
| ASML | ASML Holding N.V. | 2.45% | — | — | — | — | — |
| GOOGL | Alphabet Inc. | 2.32% | 17.1 | 22.8 | 9.3 | 0.26% | 5.58% |
| JNJ | Johnson & Johnson | 1.92% | 38.8 | 21.0 | 6.2 | 2.10% | 2.04% |
| GOOG | Alphabet Inc. | 1.69% | 16.9 | 21.8 | 9.2 | 0.26% | 4.12% |
| MA | Mastercard Incorporated | 1.50% | 34.0 | 24.2 | 15.4 | 0.56% | 1.82% |
| WMT | Walmart Inc. | 1.46% | 43.0 | 38.0 | 1.3 | 0.83% | 1.39% |
| COST | Costco Wholesale Corporation | 1.29% | 47.6 | 40.3 | 1.4 | 0.59% | 1.12% |
| MRK | Merck & Co., Inc. | 1.28% | 115.8 | 15.3 | 5.4 | 2.33% | 0.45% |
| KO | The Coca-Cola Company | 1.25% | 28.2 | 25.3 | 8.1 | 2.26% | 1.82% |
| ROP | Roche Holding AG | 1.19% | — | — | — | — | — |
| PLTR | Palantir Technologies Inc. | 1.14% | 160.4 | 85.5 | 72.6 | — | 0.29% |
| CSCO | Cisco Systems, Inc. | 1.12% | 32.2 | 19.8 | 6.7 | 1.56% | 1.43% |
| PG | The Procter & Gamble Company | 1.08% | 24.1 | 21.2 | 4.3 | 2.73% | 1.85% |
| LRCX | Lam Research Corporation | 1.08% | 45.8 | 33.7 | 14.2 | 0.50% | 0.97% |
| NFLX | Netflix, Inc. | 1.03% | 22.2 | 18.7 | 6.1 | — | 1.91% |
| AMAT | Applied Materials, Inc. | 1.01% | 35.3 | 23.4 | 10.5 | 0.52% | 1.18% |
| CAT | Caterpillar Inc. | 0.91% | 31.5 | 25.4 | 4.5 | 0.89% | 1.19% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About AQLT valuation
Adding up its 133 holdings with company data, AQLT trades at 29.6 times trailing earnings and 22.6 times analysts' forward estimates, with a price-to-book ratio of 10.35 and a dividend yield of 0.92%. Its earnings yield of 3.38% is 1.95 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 40.4% of the fund and earn 49.8% of its combined profit. By sector, Healthcare is the most expensive at 45.3 times earnings and Consumer Cyclical the cheapest at 19.7. Companies that lost money over the past year are 0.9% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 72.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: AQLT chart, AQLT performance, AQLT holdings, AQLT dividends.
AQLT valuation FAQ
What is the P/E ratio of AQLT?
Based on its holdings, AQLT has a trailing P/E of 29.6 and a forward P/E of 22.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of AQLT?
The trailing earnings yield is 3.38% (1 ÷ P/E) and the forward earnings yield 4.42%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is AQLT more expensive than the S&P 500?
AQLT trades at 29.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 22.6 and 19.9.
What is the price-to-book ratio of AQLT?
The holdings of AQLT trade at 10.35 times book value, with a combined return on equity of 34.9%.
Which sector in AQLT has the highest P/E?
Healthcare has the highest P/E at 45.3 and Consumer Cyclical the lowest at 19.7.