QFLR vs SCHD
Innovator Nasdaq-100 Managed Floor 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 | QFLR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.89% | 0.06% | |
| AUM | $530M | $108.7B | |
| Dividend Yield | 0.00% | 3.13% | |
| Holdings | 52 | 104 | |
| YTD Return | +2.17% | +27.67% | |
| 1Y Return | +11.46% | +31.26% | |
| 3Y Return (annualized) | - | +16.66% | |
| 5Y Return (annualized) | - | +10.18% | |
| Volatility (annualized) | 10.4% | 13.6% | |
| Max Drawdown | -14.0% | -33.4% | |
| Fund Family | Innovator ETFs Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jan 22, 2024 | Oct 20, 2011 |
QFLR vs SCHD Performance
Innovator Nasdaq-100 Managed Floor ETF (QFLR) 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 QFLR returned +11.46% while SCHD returned +31.26%. Year to date, QFLR is up 2.17% versus a gain of 27.67% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 10.4% 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 -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 0.07. They move independently enough that combining them can meaningfully diversify a portfolio.
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 3.13% for SCHD.
Holdings Overlap
QFLR and SCHD share 2 holdings out of 137 unique holdings combined, representing a 3.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $83 per year of difference.
Which performed better, QFLR or SCHD?
Over the past year QFLR returned +11.46% vs +31.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), QFLR annualized +13.89% vs +11.57% for SCHD. Past performance does not guarantee future results.
Which is riskier, QFLR or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 10.4% for QFLR. Worst drawdown: QFLR -14.0% vs SCHD -33.4%.
Should I hold both QFLR and SCHD?
QFLR and SCHD have a monthly-return correlation of 0.07, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QFLR and SCHD?
QFLR and SCHD share 2 common holdings with a 3.7% weight overlap. Combined, they hold 137 unique securities.
Which pays a higher dividend, QFLR or SCHD?
QFLR yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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