NCIQ vs SCHD
Hashdex Nasdaq CME Crypto Index ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | NCIQ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.06% | |
| AUM | $266M | $108.7B | |
| Dividend Yield | 0.00% | 3.13% | |
| Holdings | 9 | 104 | |
| YTD Return | -17.79% | +28.70% | |
| 1Y Return | -36.77% | +32.27% | |
| 3Y Return (annualized) | - | +17.27% | |
| 5Y Return (annualized) | - | +10.23% | |
| Volatility (annualized) | 43.2% | 13.7% | |
| Max Drawdown | -57.0% | -33.4% | |
| Fund Family | Hashdex | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Feb 13, 2025 | Oct 20, 2011 |
NCIQ vs SCHD Performance
Hashdex Nasdaq CME Crypto Index ETF (NCIQ) is a ETF from Hashdex and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NCIQ returned -36.77% while SCHD returned +32.27%. Year to date, NCIQ is down 17.79% versus a gain of 28.70% for SCHD.
Risk: Volatility and Drawdowns
NCIQ has been the more volatile fund, with annualized monthly volatility of 43.2% compared with 13.7% 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 -57.0% for NCIQ 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 -0.12. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NCIQ charges 0.25% per year while SCHD charges 0.06%. On a $10,000 position that is $25 vs $6 annually, a gap of $19 per year that compounds over a long holding period. On income, NCIQ currently yields 0.00% against 3.13% for SCHD.
Holdings Overlap
NCIQ and SCHD share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NCIQ or SCHD?
NCIQ has an expense ratio of 0.25% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $19 per year of difference.
Which performed better, NCIQ or SCHD?
Over the past year NCIQ returned -36.77% vs +32.27% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), NCIQ annualized -16.35% vs +11.63% for SCHD. Past performance does not guarantee future results.
Which is riskier, NCIQ or SCHD?
NCIQ has been the more volatile fund at 43.2% annualized versus 13.7% for SCHD. Worst drawdown: NCIQ -57.0% vs SCHD -33.4%.
Should I hold both NCIQ and SCHD?
NCIQ and SCHD have a monthly-return correlation of -0.12, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NCIQ and SCHD?
NCIQ and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, NCIQ or SCHD?
NCIQ yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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