QCML vs SCHD

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

MetricQCMLSCHDWinner
Expense Ratio1.50%0.06%
AUM$57M$103.7B
Dividend Yield0.00%3.31%
Holdings2104
YTD Return-30.64%+26.21%
1Y Return-19.56%+29.99%
3Y Return (annualized)-+15.73%
5Y Return (annualized)-+9.67%
Volatility (annualized)121.5%13.6%
Max Drawdown-68.8%-33.4%
Fund FamilyGraniteSharesCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionFeb 13, 2025Oct 20, 2011

QCML vs SCHD Performance

GraniteShares 2x Long QCOM Daily ETF (QCML) is a ETF from GraniteShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year QCML returned -19.56% while SCHD returned +29.99%. Year to date, QCML is down 30.64% versus a gain of 26.21% for SCHD.

Risk: Volatility and Drawdowns

QCML has been the more volatile fund, with annualized monthly volatility of 121.5% 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 -68.8% for QCML 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 0.11. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QCML charges 1.50% per year while SCHD charges 0.06%. On a $10,000 position that is $150 vs $6 annually, a gap of $144 per year that compounds over a long holding period. On income, QCML currently yields 0.00% against 3.31% for SCHD.

Holdings Overlap

2.7%overlap

QCML and SCHD share 1 holdings out of 100 unique holdings combined, representing a 2.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QCMLWeight in SCHDDifference
QCOM66.70%2.72%63.98%

Frequently Asked Questions

Which is cheaper, QCML or SCHD?

QCML has an expense ratio of 1.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $144 per year of difference.

Which performed better, QCML or SCHD?

Over the past year QCML returned -19.56% vs +29.99% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), QCML annualized -29.68% vs +11.50% for SCHD. Past performance does not guarantee future results.

Which is riskier, QCML or SCHD?

QCML has been the more volatile fund at 121.5% annualized versus 13.6% for SCHD. Worst drawdown: QCML -68.8% vs SCHD -33.4%.

Should I hold both QCML and SCHD?

QCML and SCHD have a monthly-return correlation of 0.11, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between QCML and SCHD?

QCML and SCHD share 1 common holdings with a 2.7% weight overlap. Combined, they hold 100 unique securities.

Which pays a higher dividend, QCML or SCHD?

QCML yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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