iShares MSCI USA Quality Factor (QUAL)

The iShares MSCI USA Quality Factor ETF (BATS: QUAL) is an exchange-traded fund that typically allocates a minimum of 80% of its funds into the securities of its underlying index. Additionally, it may invest up to 20% of its assets in various financial instruments such as futures, options, and swap contracts, as well as cash and cash equivalents.

The underlying index of this ETF is derived from the MSCI USA Index, a parent index that follows a conventional market capitalization-weighted methodology. This approach allows investors to gain exposure to a diversified range of high-quality companies within the US stock market.

For more information about the iShares MSCI USA Quality Factor ETF, you can visit their official website at http://www.ishares.com. This ETF is domiciled in the United States, providing a level of transparency and regulatory oversight that may appeal to a wide range of investors.