EMEQ vs SCHD
Nomura Focused Emerging Markets Equity ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. EMEQ delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | EMEQ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.86% | 0.06% | |
| AUM | $581M | $103.7B | |
| Dividend Yield | 1.55% | 3.31% | |
| Holdings | 60 | 104 | |
| YTD Return | +47.16% | +25.33% | |
| 1Y Return | +106.60% | +32.31% | |
| 3Y Return (annualized) | - | +15.40% | |
| 5Y Return (annualized) | - | +9.70% | |
| Volatility (annualized) | 34.3% | 13.6% | |
| Max Drawdown | -26.3% | -33.4% | |
| Fund Family | Macquarie Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 4, 2024 | Oct 20, 2011 |
EMEQ vs SCHD Performance
Nomura Focused Emerging Markets Equity ETF (EMEQ) is a ETF from Macquarie Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year EMEQ returned +106.60% while SCHD returned +32.31%. Year to date, EMEQ is up 47.16% versus a gain of 25.33% for SCHD.
Risk: Volatility and Drawdowns
EMEQ has been the more volatile fund, with annualized monthly volatility of 34.3% 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 -26.3% for EMEQ 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EMEQ charges 0.86% per year while SCHD charges 0.06%. On a $10,000 position that is $86 vs $6 annually, a gap of $80 per year that compounds over a long holding period. On income, EMEQ currently yields 1.55% against 3.31% for SCHD.
Holdings Overlap
EMEQ and SCHD share 0 holdings out of 152 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, EMEQ or SCHD?
EMEQ has an expense ratio of 0.86% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $80 per year of difference.
Which performed better, EMEQ or SCHD?
Over the past year EMEQ returned +106.60% vs +32.31% for SCHD, so EMEQ leads on 1-year performance. Over the longest common window we track (2 years), EMEQ annualized +63.43% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, EMEQ or SCHD?
EMEQ has been the more volatile fund at 34.3% annualized versus 13.6% for SCHD. Worst drawdown: EMEQ -26.3% vs SCHD -33.4%.
Should I hold both EMEQ and SCHD?
EMEQ and SCHD have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EMEQ and SCHD?
EMEQ and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 152 unique securities.
Which pays a higher dividend, EMEQ or SCHD?
EMEQ yields 1.55% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.