GQRE vs SCHD
FlexShares Global Quality Real Estate Index Fund vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. GQRE offers more diversification with 197 holdings.
Side-by-Side Comparison
| Metric | GQRE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.06% | |
| AUM | $421M | $108.7B | |
| Dividend Yield | 4.18% | 3.13% | |
| Holdings | 197 | 104 | |
| YTD Return | +10.58% | +27.67% | |
| 1Y Return | +11.55% | +31.26% | |
| 3Y Return (annualized) | +12.46% | +16.66% | |
| 5Y Return (annualized) | +2.12% | +10.18% | |
| Volatility (annualized) | 15.6% | 13.6% | |
| Max Drawdown | -42.0% | -33.4% | |
| Fund Family | Flexshares Trust | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Nov 5, 2013 | Oct 20, 2011 |
GQRE vs SCHD Performance
FlexShares Global Quality Real Estate Index Fund (GQRE) is a ETF from Flexshares Trust and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year GQRE returned +11.55% while SCHD returned +31.26%. Year to date, GQRE is up 10.58% versus a gain of 27.67% for SCHD.
Over three years, GQRE compounded at +12.46% per year against +16.66% for SCHD; over five years the annualized figures are +2.12% and +10.18% respectively. Across the full 13-year window we track, SCHD has the edge at +11.57% annualized vs +3.41%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GQRE has been the more volatile fund, with annualized monthly volatility of 15.6% 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 -42.0% for GQRE 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GQRE charges 0.45% per year while SCHD charges 0.06%. On a $10,000 position that is $45 vs $6 annually, a gap of $39 per year that compounds over a long holding period. On income, GQRE currently yields 4.18% against 3.13% for SCHD.
Holdings Overlap
GQRE and SCHD share 0 holdings out of 236 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, GQRE or SCHD?
GQRE has an expense ratio of 0.45% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $39 per year of difference.
Which performed better, GQRE or SCHD?
Over the past year GQRE returned +11.55% vs +31.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), GQRE annualized +3.41% vs +11.57% for SCHD. Past performance does not guarantee future results.
Which is riskier, GQRE or SCHD?
GQRE has been the more volatile fund at 15.6% annualized versus 13.6% for SCHD. Worst drawdown: GQRE -42.0% vs SCHD -33.4%.
Should I hold both GQRE and SCHD?
GQRE and SCHD have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GQRE and SCHD?
GQRE and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 236 unique securities.
Which pays a higher dividend, GQRE or SCHD?
GQRE yields 4.18% while SCHD yields 3.13%, so GQRE currently pays the higher dividend yield.
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