Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricQBFSCHDWinner
Expense Ratio0.79%0.06%
AUM$12M$103.7B
Dividend Yield2.01%3.31%
Holdings5104
YTD Return-27.91%+24.26%
1Y Return-43.73%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)28.1%13.6%
Max Drawdown-49.4%-33.4%
Fund FamilyInnovator ETFs TrustCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionFeb 6, 2025Oct 20, 2011

QBF vs SCHD Performance

Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly (QBF) is a ETF from Innovator ETFs Trust and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year QBF returned -43.73% while SCHD returned +31.38%. Year to date, QBF is down 27.91% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

QBF has been the more volatile fund, with annualized monthly volatility of 28.1% 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 -49.4% for QBF 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 -0.23. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QBF charges 0.79% per year while SCHD charges 0.06%. On a $10,000 position that is $79 vs $6 annually, a gap of $73 per year that compounds over a long holding period. On income, QBF currently yields 2.01% against 3.31% for SCHD.

Frequently Asked Questions

Which is cheaper, QBF or SCHD?

QBF has an expense ratio of 0.79% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $73 per year of difference.

Which performed better, QBF or SCHD?

Over the past year QBF returned -43.73% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), QBF annualized -27.39% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, QBF or SCHD?

QBF has been the more volatile fund at 28.1% annualized versus 13.6% for SCHD. Worst drawdown: QBF -49.4% vs SCHD -33.4%.

Should I hold both QBF and SCHD?

QBF and SCHD have a monthly-return correlation of -0.23, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, QBF or SCHD?

QBF yields 2.01% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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