LRND vs SCHD
NYLI US Large Cap R&D Leaders ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. LRND offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | LRND | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.14% | 0.06% | |
| AUM | $388M | $103.7B | |
| Dividend Yield | 0.42% | 3.31% | |
| Holdings | 110 | 104 | |
| YTD Return | +17.11% | +24.26% | |
| 1Y Return | +29.23% | +31.38% | |
| 3Y Return (annualized) | +23.09% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 18.3% | 13.6% | |
| Max Drawdown | -25.4% | -33.4% | |
| Fund Family | INDEXIQ ETF TRUST | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Feb 8, 2022 | Oct 20, 2011 |
LRND vs SCHD Performance
NYLI US Large Cap R&D Leaders ETF (LRND) 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 LRND returned +29.23% while SCHD returned +31.38%. Year to date, LRND is up 17.11% versus a gain of 24.26% for SCHD.
Over three years, LRND compounded at +23.09% per year against +15.08% for SCHD. Across the full 5-year window we track, LRND has the edge at +16.54% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LRND has been the more volatile fund, with annualized monthly volatility of 18.3% 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 -25.4% for LRND 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LRND charges 0.14% per year while SCHD charges 0.06%. On a $10,000 position that is $14 vs $6 annually, a gap of $8 per year that compounds over a long holding period. On income, LRND currently yields 0.42% against 3.31% for SCHD.
Holdings Overlap
LRND and SCHD share 4 holdings out of 204 unique holdings combined, representing a 3.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LRND or SCHD?
LRND has an expense ratio of 0.14% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $8 per year of difference.
Which performed better, LRND or SCHD?
Over the past year LRND returned +29.23% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), LRND annualized +16.54% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, LRND or SCHD?
LRND has been the more volatile fund at 18.3% annualized versus 13.6% for SCHD. Worst drawdown: LRND -25.4% vs SCHD -33.4%.
Should I hold both LRND and SCHD?
LRND and SCHD have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LRND and SCHD?
LRND and SCHD share 4 common holdings with a 3.5% weight overlap. Combined, they hold 204 unique securities.
Which pays a higher dividend, LRND or SCHD?
LRND yields 0.42% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.