QFLR vs SCHD
Innovator Nasdaq-100 Managed Floor ETF vs Schwab US Dividend Equity ETF
Which is better, QFLR or SCHD?
Option Writing against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 52.4%.
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 | QFLR | SCHD |
|---|---|---|
| Expense Ratio | 0.89% | 0.06%Best |
| AUM | $502M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 96 | 103 |
| YTD Return | +3.13% | +25.07%Best |
| 1Y Return | +8.79% | +27.61%Best |
| 3Y Return (annualized) | - | +15.74% |
| 5Y Return (annualized) | - | +9.89% |
| Volatility (annualized) | 10.3%Best | 12.9% |
| Max Drawdown | -14.0%Best | -16.1% |
| $10,000 over 2.6 years | $14,046 | $14,493Best |
| Top 10 Weight | 52.4% | 41.8%Best |
| Fund Family | Innovator ETFs Trust | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Jan 22, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 25, 2024 to Sep 11, 2026 (2.6 years).
QFLR 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 2.6 years both funds cover.
QFLR vs SCHD Performance
Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an ETF from Innovator ETFs Trust and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year QFLR returned +8.79% while SCHD returned +27.61%. Year to date, QFLR is up 3.13% versus a gain of 25.07% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 10.3% for QFLR. 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 -14.0% for QFLR 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 0.08. They move largely independently of each other.
Fees and Cost Over Time
QFLR charges 0.89% per year while SCHD charges 0.06%. On a $10,000 position that is $89 vs $6 annually, a gap of $83 per year that compounds over a long holding period. On income, QFLR currently yields 0.00% against 3.00% for SCHD.
Holdings Overlap
3.5% of QFLR's money is in holdings SCHD also owns. 5.1% of SCHD's money is in holdings QFLR also owns.
SCHD and QFLR share little of their money.
2 positions in common, counted across the 47 positions we hold weights for in QFLR and 100 in SCHD, against full books of 96 and 103.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for QFLR (94.8% of the fund), and 42 for QFLR that do not appear in SCHD (91.2%).
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 QFLR 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, QFLR or SCHD?
QFLR has an expense ratio of 0.89% while SCHD charges 0.06%. SCHD is the cheaper option, by $83 a year on a $10,000 investment.
Which performed better, QFLR or SCHD?
Over the past year QFLR returned +8.79% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QFLR or SCHD?
SCHD has been the more volatile fund at 12.9% annualized versus 10.3% for QFLR. Worst drawdown: QFLR -14.0% vs SCHD -16.1%.
Should I hold both QFLR and SCHD?
QFLR and SCHD have a monthly-return correlation of 0.08, 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 QFLR and SCHD?
5.1% of SCHD's money is in holdings QFLR also owns. 5.1% of SCHD's is in holdings QFLR also owns. They hold 2 positions in common, counted across the 47 positions we hold weights for in QFLR and 100 in SCHD.
Which pays a higher dividend, QFLR or SCHD?
QFLR yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than QFLR?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 52.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.