iShares Edge MSCI World Quality Factor vs MyInvestor Indexado Global

They track different indices: iShares Edge MSCI World Quality Factor follows MSCI World Sector Neutral Quality and MyInvestor Indexado Global follows Cartera indexada global (MSCI World). They also differ in cost (0.30% vs 0.30% TER), replication (physical vs physical) and domicile (Irlanda vs España).

Nobody can know that: they track different indices, so their returns will diverge, and past index performance is not a prediction. What you can control today is the cost, the tax structure and whether the index actually covers what you want exposure to.

Their fees are effectively identical (0.30% vs 0.30%), so cost should not decide this one. Look at index coverage, distribution policy and availability at your broker instead.

Both are accumulating, so on this point there is no difference between them.

Yes. Unlike two funds tracking the identical index, these give you genuinely different exposure, so holding both is not automatically redundant — just be aware you may end up overlapping on the largest companies and doubling your rebalancing work.