# COWZ, QUAL, SPHQ Target Different Stocks

> Three ETFs claim to hold better stocks but share just 12 companies.
- Title: COWZ, QUAL, SPHQ Target Different Stocks · 24/7 Wall St.
- Summary: Three ETFs claim to hold better stocks but share just 12 companies. COWZ, QUAL, and SPHQ all target high-quality stocks but have minimal overlap in holdings…
- Keywords: cows, qual, sphq, etf, quality stocks, portfolio overlap, sec n-port filings, investment funds, COWZ, Target, Different, Stocks
- Source: 24/7 Wall St. — https://247wallst.com/investing/etf/2026/10/09/cowz-qual-and-sphq-all-target-better-stocks-they-disagree-completely-on-what-that-means
- Author: Ryne Mauck
- Published: 2026-10-09T22:03:16+00:00
- Read time: 1 min
- Topics: cows, qual, sphq, etf, quality stocks, portfolio overlap, sec n-port filings, investment funds
## ETFs Target 'Better' Stocks
COWZ, QUAL, and SPHQ each aim to put you in higher-quality companies but share only 12 holdings.
## SEC N-PORT Filings Show Minimal Overlap
As of July 31, 2026, the funds share 12 companies including Accenture, Adobe, and Autodesk.
## Fund Holdings Differ Significantly
COWZ holds Booking Holdings, Bristol-Myers Squibb, and HCA Healthcare; QUAL holds Microsoft and Apple; SPHQ holds Mastercard and Visa.
## Quality Labels Mean Different Things
The 'cash cows' name points to cash generation, while QUAL and SPHQ focus on tech and payment networks.
## Overlapping Holdings Matter More Than Counts
The shared companies make up 47.3% of QUAL’s assets but 61.4% of SPHQ’s, showing different fund strategies.
## COWZ Leads Short Term but Trails Long Term
COWZ outperforms QUAL and SPHQ in year-to-date and one-year returns but trails over five years.
## Key takeaway

COWZ, QUAL, and SPHQ all target high-quality stocks but have minimal overlap in holdings, with only 12 companies shared across all three funds.