IQSI vs SCHD
NYLIM Candriam International Equity ETF vs Schwab US Dividend Equity ETF
Which is better, IQSI or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. IQSI led over 3Y, SCHD over 1Y, 5Y and the full window. IQSI is less concentrated, with 19.2% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IQSI | SCHD |
|---|---|---|
| Expense Ratio | 0.15% | 0.06%Best |
| AUM | $273M | $112.1B |
| Dividend Yield | 2.62% | 3.00% |
| Holdings | 603 | 103 |
| YTD Return | +10.63% | +24.96%Best |
| 1Y Return | +16.39% | +28.75%Best |
| 3Y Return (annualized) | +16.21%Best | +15.71% |
| 5Y Return (annualized) | +7.76% | +9.86%Best |
| Volatility (annualized) | 16.8% | 16.7%Best |
| Max Drawdown | -31.9%Best | -33.4% |
| $10,000 over 5 years | $14,531 | $16,003Best |
| Top 10 Weight | 19.2%Best | 41.8% |
| Fund Family | New York Life Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 17, 2019 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Sep 9, 2026 (6.7 years).
IQSI vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.7 years both funds cover.
IQSI vs SCHD Performance
NYLIM Candriam International Equity ETF (IQSI) is an ETF from New York Life Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year IQSI returned +16.39% while SCHD returned +28.75%. Year to date, IQSI is up 10.63% versus a gain of 24.96% for SCHD.
Over three years, IQSI compounded at +16.21% per year against +15.71% for SCHD; over five years the annualized figures are +7.76% and +9.86% respectively. Across the full 7-year window we track, SCHD has the edge at +12.07% annualized vs +9.11%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IQSI has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 16.7% 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 -31.9% for IQSI and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IQSI charges 0.15% per year while SCHD charges 0.06%. On a $10,000 position that is $15 vs $6 annually, a gap of $9 per year that compounds over a long holding period. On income, IQSI currently yields 2.62% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 561 holdings in IQSI and 100 in SCHD, totalling 98.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 561 positions we hold weights for in IQSI and 100 in SCHD, against full books of 603 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for IQSI (99.9% of the fund), and 11 for IQSI that do not appear in SCHD (1.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of IQSI and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IQSI or SCHD?
IQSI has an expense ratio of 0.15% while SCHD charges 0.06%. SCHD is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, IQSI or SCHD?
Over the past year IQSI returned +16.39% vs +28.75% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), IQSI annualized +9.11% vs +12.07% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IQSI or SCHD?
IQSI has been the more volatile fund at 16.8% annualized versus 16.7% for SCHD. Worst drawdown: IQSI -31.9% vs SCHD -33.4%.
Should I hold both IQSI and SCHD?
IQSI and SCHD have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IQSI or SCHD?
IQSI yields 2.62% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than IQSI?
SCHD has a lower expense ratio. IQSI led over 3Y, SCHD over 1Y, 5Y and the full window. IQSI is less concentrated, with 19.2% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.