DVQQ vs SCHD
WEBs QQQ Defined Volatility ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | DVQQ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.94% | 0.06% | |
| AUM | $2M | $103.7B | |
| Dividend Yield | 0.03% | 3.31% | |
| Holdings | 4 | 104 | |
| YTD Return | +15.88% | +25.62% | |
| 1Y Return | +25.36% | +32.62% | |
| 3Y Return (annualized) | - | +15.58% | |
| 5Y Return (annualized) | - | +9.63% | |
| Volatility (annualized) | 23.4% | 13.6% | |
| Max Drawdown | -25.1% | -33.4% | |
| Fund Family | WEBs Investments | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Dec 16, 2024 | Oct 20, 2011 |
DVQQ vs SCHD Performance
WEBs QQQ Defined Volatility ETF (DVQQ) is a ETF from WEBs Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DVQQ returned +25.36% while SCHD returned +32.62%. Year to date, DVQQ is up 15.88% versus a gain of 25.62% for SCHD.
Risk: Volatility and Drawdowns
DVQQ has been the more volatile fund, with annualized monthly volatility of 23.4% compared with 13.6% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -25.1% for DVQQ and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.08. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DVQQ charges 0.94% per year while SCHD charges 0.06%. On a $10,000 position that is $94 vs $6 annually, a gap of $88 per year that compounds over a long holding period. On income, DVQQ currently yields 0.03% against 3.31% for SCHD.
Holdings Overlap
DVQQ and SCHD share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DVQQ or SCHD?
DVQQ has an expense ratio of 0.94% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $88 per year of difference.
Which performed better, DVQQ or SCHD?
Over the past year DVQQ returned +25.36% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), DVQQ annualized +14.95% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, DVQQ or SCHD?
DVQQ has been the more volatile fund at 23.4% annualized versus 13.6% for SCHD. Worst drawdown: DVQQ -25.1% vs SCHD -33.4%.
Should I hold both DVQQ and SCHD?
DVQQ and SCHD have a monthly-return correlation of 0.08, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DVQQ and SCHD?
DVQQ and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, DVQQ or SCHD?
DVQQ yields 0.03% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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