QDVO vs SCHD
Amplify CWP Growth & Income ETF vs Schwab US Dividend Equity ETF
Which is better, QDVO or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. QDVO led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 56.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QDVO | SCHD |
|---|---|---|
| Expense Ratio | 0.56% | 0.06%Best |
| AUM | $744M | $112.1B |
| Dividend Yield | 11.62% | 3.00% |
| Holdings | 97 | 103 |
| YTD Return | +8.58% | +25.84%Best |
| 1Y Return | +11.91% | +30.18%Best |
| 3Y Return (annualized) | - | +16.08% |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 13.7% | 13.3%Best |
| Max Drawdown | -18.6% | -16.1%Best |
| $10,000 over 2.1 years | $14,552Best | $13,524 |
| Top 10 Weight | 56.6% | 41.8%Best |
| Fund Family | Amplify ETFs | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Aug 22, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 22, 2024 to Sep 15, 2026 (2.1 years).
QDVO vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.1 years both funds cover.
QDVO vs SCHD Performance
Amplify CWP Growth & Income ETF (QDVO) is an ETF from Amplify ETFs and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year QDVO returned +11.91% while SCHD returned +30.18%. Year to date, QDVO is up 8.58% versus a gain of 25.84% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QDVO has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 13.3% 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 -18.6% for QDVO and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
QDVO charges 0.56% per year while SCHD charges 0.06%. On a $10,000 position that is $56 vs $6 annually, a gap of $50 per year that compounds over a long holding period. On income, QDVO currently yields 11.62% against 3.00% for SCHD.
Holdings Overlap
7.2% of QDVO's money is in holdings SCHD also owns. 13.8% of SCHD's money is in holdings QDVO also owns.
SCHD and QDVO share little of their money.
4 positions in common, counted across the 39 positions we hold weights for in QDVO and 100 in SCHD, against full books of 97 and 103.
What only one of them owns
Our book lists 95 positions for SCHD that do not appear in our book for QDVO (86.1% of the fund), and 35 for QDVO that do not appear in SCHD (93.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of QDVO and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QDVO or SCHD?
QDVO has an expense ratio of 0.56% while SCHD charges 0.06%. SCHD is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, QDVO or SCHD?
Over the past year QDVO returned +11.91% vs +30.18% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), QDVO annualized +19.56% vs +15.46% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QDVO or SCHD?
QDVO has been the more volatile fund at 13.7% annualized versus 13.3% for SCHD. Worst drawdown: QDVO -18.6% vs SCHD -16.1%.
Should I hold both QDVO and SCHD?
QDVO and SCHD have a monthly-return correlation of 0.19, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QDVO and SCHD?
13.8% of SCHD's money is in holdings QDVO also owns. 13.8% of SCHD's is in holdings QDVO also owns. They hold 4 positions in common, counted across the 39 positions we hold weights for in QDVO and 100 in SCHD.
Which pays a higher dividend, QDVO or SCHD?
QDVO yields 11.62% while SCHD yields 3.00%, so QDVO currently pays the higher dividend yield.
Is SCHD better than QDVO?
SCHD has a lower expense ratio. QDVO led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 56.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.