QHY vs SCHD
WisdomTree US High Yield Corporate Bond Fund vs Schwab US Dividend Equity ETF
Which is better, QHY or SCHD?
High Yield Bond against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | QHY | SCHD |
|---|---|---|
| Expense Ratio | 0.38% | 0.06%Best |
| AUM | $246M | $112.1B |
| Dividend Yield | 6.28% | 3.00% |
| Holdings | 506 | 103 |
| YTD Return | -2.58% | +25.07%Best |
| 1Y Return | -1.54% | +27.61%Best |
| 3Y Return (annualized) | +5.85% | +15.74%Best |
| 5Y Return (annualized) | +1.81% | +9.89%Best |
| Volatility (annualized) | 7.8%Best | 15.0% |
| Max Drawdown | -42.4% | -33.4%Best |
| $10,000 over 5 years | $10,938 | $16,025Best |
| Fund Family | WisdomTree Investments | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Value |
| Inception | Apr 27, 2016 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 27, 2016 to Sep 11, 2026 (10.4 years).
QHY 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 10.4 years both funds cover.
QHY vs SCHD Performance
WisdomTree US High Yield Corporate Bond Fund (QHY) is an ETF from WisdomTree Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year QHY returned -1.54% while SCHD returned +27.61%. Year to date, QHY is down 2.58% versus a gain of 25.07% for SCHD.
Over three years, QHY compounded at +5.85% per year against +15.74% for SCHD; over five years the annualized figures are +1.81% and +9.89% respectively. Across the full 10-year window we track, SCHD has the edge at +11.36% annualized vs +4.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 7.8% for QHY. 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 -42.4% for QHY and -33.4% 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QHY charges 0.38% per year while SCHD charges 0.06%. On a $10,000 position that is $38 vs $6 annually, a gap of $32 per year that compounds over a long holding period. On income, QHY currently yields 6.28% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 7 holdings in QHY and 100 in SCHD, totalling 1.4% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 7 positions we hold weights for in QHY and 100 in SCHD, against full books of 506 and 103.
You are not choosing between two funds in isolation.
Whichever of QHY 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, QHY or SCHD?
QHY has an expense ratio of 0.38% while SCHD charges 0.06%. SCHD is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, QHY or SCHD?
Over the past year QHY returned -1.54% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (10 years), QHY annualized +4.40% vs +11.36% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QHY or SCHD?
SCHD has been the more volatile fund at 15.0% annualized versus 7.8% for QHY. Worst drawdown: QHY -42.4% vs SCHD -33.4%.
Should I hold both QHY and SCHD?
QHY and SCHD have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QHY or SCHD?
QHY yields 6.28% while SCHD yields 3.00%, so QHY currently pays the higher dividend yield.
Is SCHD better than QHY?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.