LQ vs SCHD
Simplify Tax Aware Alternatives ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | LQ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.06% | |
| AUM | $2M | $112.2B | |
| Dividend Yield | 0.21% | 3.13% | |
| Holdings | 15 | 103 | |
| YTD Return | -2.56% | +27.60% | |
| 1Y Return | - | +29.63% | |
| 3Y Return (annualized) | - | +16.43% | |
| 5Y Return (annualized) | - | +10.05% | |
| Volatility (annualized) | - | 13.6% | |
| Max Drawdown | -6.6% | -33.4% | |
| Fund Family | Simplify Exchange Traded Funds | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | May 4, 2026 | Oct 20, 2011 |
LQ vs SCHD Performance
Simplify Tax Aware Alternatives ETF (LQ) is a ETF from Simplify Exchange Traded Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Year to date, LQ is down 2.56% versus a gain of 27.60% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -6.6% for LQ and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
LQ 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, LQ currently yields 0.21% against 3.13% for SCHD.
Frequently Asked Questions
Which is cheaper, LQ or SCHD?
LQ has an expense ratio of 0.15% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
Which pays a higher dividend, LQ or SCHD?
LQ yields 0.21% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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