QLDY vs SCHD
Defiance Nasdaq 100 LightningSpread Income ETF vs Schwab US Dividend Equity ETF
Which is better, QLDY or SCHD?
Option Writing against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y 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 | QLDY | SCHD |
|---|---|---|
| Expense Ratio | 1.04% | 0.06%Best |
| AUM | $53M | $108.9B |
| Dividend Yield | 41.67% | 3.00% |
| Holdings | 14 | 206 |
| YTD Return | +19.96% | +20.89%Best |
| 1Y Return | +20.28% | +23.87%Best |
| 3Y Return (annualized) | - | +16.42% |
| 5Y Return (annualized) | - | +9.40% |
| Volatility (annualized) | 25.4% | 14.5%Best |
| Max Drawdown | -14.8% | -6.9%Best |
| $10,000 over 1 years | $12,195 | $12,357Best |
| Fund Family | Defiance ETFs, LLC | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Sep 17, 2025 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 18, 2025 to Oct 2, 2026 (1 years).
QLDY 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 1 years both funds cover.
QLDY vs SCHD Performance
Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) is an ETF from Defiance ETFs, LLC and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year QLDY returned +20.28% while SCHD returned +23.87%. Year to date, QLDY is up 19.96% versus a gain of 20.89% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QLDY has been the more volatile fund, with annualized monthly volatility of 25.4% compared with 14.5% 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 -14.8% for QLDY and -6.9% 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 -0.03. They move largely independently of each other.
Fees and Cost Over Time
QLDY charges 1.04% per year while SCHD charges 0.06%. On a $10,000 position that is $104 vs $6 annually, a gap of $98 per year that compounds over a long holding period. On income, QLDY currently yields 41.67% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 2 holdings in QLDY and 99 in SCHD, totalling 3.8% 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 2 positions we hold weights for in QLDY and 99 in SCHD, against full books of 14 and 206.
You are not choosing between two funds in isolation.
Whichever of QLDY 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, QLDY or SCHD?
QLDY has an expense ratio of 1.04% while SCHD charges 0.06%. SCHD is the cheaper option, by $98 a year on a $10,000 investment.
Which performed better, QLDY or SCHD?
Over the past year QLDY returned +20.28% vs +23.87% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), QLDY annualized +21.95% vs +23.57% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QLDY or SCHD?
QLDY has been the more volatile fund at 25.4% annualized versus 14.5% for SCHD. Worst drawdown: QLDY -14.8% vs SCHD -6.9%.
Should I hold both QLDY and SCHD?
QLDY and SCHD have a monthly-return correlation of -0.03, 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, QLDY or SCHD?
QLDY yields 41.67% while SCHD yields 3.00%, so QLDY currently pays the higher dividend yield.
Is SCHD better than QLDY?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.