IQSU vs SCHD
NYLI Candriam US Large Cap Equity ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IQSU offers more diversification with 263 holdings.
Side-by-Side Comparison
| Metric | IQSU | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.06% | |
| AUM | $323M | $103.7B | |
| Dividend Yield | 0.97% | 3.31% | |
| Holdings | 268 | 104 | |
| YTD Return | +16.32% | +26.21% | |
| 1Y Return | +25.08% | +29.99% | |
| 3Y Return (annualized) | +18.87% | +15.73% | |
| 5Y Return (annualized) | +11.75% | +9.67% | |
| Volatility (annualized) | 17.9% | 13.6% | |
| Max Drawdown | -31.3% | -33.4% | |
| Fund Family | INDEXIQ ETF TRUST | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Dec 17, 2019 | Oct 20, 2011 |
IQSU vs SCHD Performance
NYLI Candriam US Large Cap Equity ETF (IQSU) is a ETF from INDEXIQ ETF TRUST and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IQSU returned +25.08% while SCHD returned +29.99%. Year to date, IQSU is up 16.32% versus a gain of 26.21% for SCHD.
Over three years, IQSU compounded at +18.87% per year against +15.73% for SCHD; over five years the annualized figures are +11.75% and +9.67% respectively. Across the full 7-year window we track, IQSU has the edge at +16.01% annualized vs +11.50%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IQSU has been the more volatile fund, with annualized monthly volatility of 17.9% 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 -31.3% for IQSU 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IQSU charges 0.09% per year while SCHD charges 0.06%. On a $10,000 position that is $9 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, IQSU currently yields 0.97% against 3.31% for SCHD.
Holdings Overlap
IQSU and SCHD share 23 holdings out of 340 unique holdings combined, representing a 7.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IQSU or SCHD?
IQSU has an expense ratio of 0.09% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, IQSU or SCHD?
Over the past year IQSU returned +25.08% vs +29.99% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), IQSU annualized +16.01% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, IQSU or SCHD?
IQSU has been the more volatile fund at 17.9% annualized versus 13.6% for SCHD. Worst drawdown: IQSU -31.3% vs SCHD -33.4%.
Should I hold both IQSU and SCHD?
IQSU and SCHD have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IQSU and SCHD?
IQSU and SCHD share 23 common holdings with a 7.4% weight overlap. Combined, they hold 340 unique securities.
Which pays a higher dividend, IQSU or SCHD?
IQSU yields 0.97% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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