Not a quick release but light enough. In some uses I've attached smaller keyrings to it (I use several to categorize items, but at the same time they can all be connected together) - When used with keys, individual items can be quickly separated; e.g. car keys themselves (mechanic/valet)(her car/his car)//smaller sets of keys (work keys/apartment keys/van/motorcycle keys) However, all keys can be combined into one large set! // no key elements; B. My iPhone 12 Mini wallet case, strap (long strap) etc. Compact! - Pretty strong grip. I have been using this type of clutch for several decades without failure. I found these particular ones at Revain and have been buying and using them for several years. However, do not use for heavy objects!
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