LQPE vs SCHD
PEO AlphaQuest Thematic PE ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. LQPE offers more diversification with 262 holdings.
Side-by-Side Comparison
| Metric | LQPE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.25% | 0.06% | |
| AUM | $13M | $108.7B | |
| Dividend Yield | 0.27% | 3.13% | |
| Holdings | 262 | 104 | |
| YTD Return | -2.63% | +27.67% | |
| 1Y Return | +0.06% | +31.26% | |
| 3Y Return (annualized) | - | +16.66% | |
| 5Y Return (annualized) | - | +10.18% | |
| Volatility (annualized) | 11.1% | 13.6% | |
| Max Drawdown | -18.9% | -33.4% | |
| Fund Family | Alpha Quest | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jan 27, 2025 | Oct 20, 2011 |
LQPE vs SCHD Performance
PEO AlphaQuest Thematic PE ETF (LQPE) is a ETF from Alpha Quest and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year LQPE returned +0.06% while SCHD returned +31.26%. Year to date, LQPE is down 2.63% versus a gain of 27.67% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.1% for LQPE. 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 -18.9% for LQPE 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LQPE charges 1.25% per year while SCHD charges 0.06%. On a $10,000 position that is $125 vs $6 annually, a gap of $119 per year that compounds over a long holding period. On income, LQPE currently yields 0.27% against 3.13% for SCHD.
Holdings Overlap
LQPE and SCHD share 6 holdings out of 287 unique holdings combined, representing a 2.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LQPE or SCHD?
LQPE has an expense ratio of 1.25% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $119 per year of difference.
Which performed better, LQPE or SCHD?
Over the past year LQPE returned +0.06% vs +31.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), LQPE annualized -7.28% vs +11.57% for SCHD. Past performance does not guarantee future results.
Which is riskier, LQPE or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 11.1% for LQPE. Worst drawdown: LQPE -18.9% vs SCHD -33.4%.
Should I hold both LQPE and SCHD?
LQPE and SCHD have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LQPE and SCHD?
LQPE and SCHD share 6 common holdings with a 2.2% weight overlap. Combined, they hold 287 unique securities.
Which pays a higher dividend, LQPE or SCHD?
LQPE yields 0.27% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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