QLVD vs SCHD
Northern Trust Developed Markets ex-US Quality Low Volatility ETF vs Schwab US Dividend Equity ETF
Which is better, QLVD or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. QLVD is less concentrated, with 20.6% of the fund in its ten largest positions against 41.5%.
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 | QLVD | SCHD |
|---|---|---|
| Expense Ratio | 0.12% | 0.06%Best |
| AUM | $57M | $112.2B |
| Dividend Yield | 2.93% | 3.13% |
| Holdings | 209 | 103 |
| YTD Return | +11.22% | +27.56%Best |
| 1Y Return | +14.66% | +30.29%Best |
| 3Y Return (annualized) | +15.19% | +16.37%Best |
| 5Y Return (annualized) | +6.99% | +10.23%Best |
| Volatility (annualized) | 12.9%Best | 16.3% |
| Max Drawdown | -28.4%Best | -33.4% |
| $10,000 over 5 years | $14,019 | $16,274Best |
| Top 10 Weight | 20.6%Best | 41.5% |
| Fund Family | Northern Trust Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jul 15, 2019 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jul 16, 2019 to Sep 4, 2026 (7.1 years).
QLVD 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 7.1 years both funds cover.
QLVD vs SCHD Performance
Northern Trust Developed Markets ex-US Quality Low Volatility ETF (QLVD) is an ETF from Northern Trust Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year QLVD returned +14.66% while SCHD returned +30.29%. Year to date, QLVD is up 11.22% versus a gain of 27.56% for SCHD.
Over three years, QLVD compounded at +15.19% per year against +16.37% for SCHD; over five years the annualized figures are +6.99% and +10.23% respectively. Across the full 7-year window we track, SCHD has the edge at +12.64% annualized vs +7.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 12.9% for QLVD. 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 -28.4% for QLVD 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QLVD charges 0.12% per year while SCHD charges 0.06%. On a $10,000 position that is $12 vs $6 annually, a gap of $6 per year that compounds over a long holding period. On income, QLVD currently yields 2.93% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 173 holdings in QLVD and 100 in SCHD, totalling 97.0% 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 173 positions we hold weights for in QLVD and 100 in SCHD, against full books of 209 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for QLVD (99.9% of the fund), and 4 for QLVD that do not appear in SCHD (2.2%).
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 QLVD 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, QLVD or SCHD?
QLVD has an expense ratio of 0.12% while SCHD charges 0.06%. SCHD is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, QLVD or SCHD?
Over the past year QLVD returned +14.66% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), QLVD annualized +7.26% vs +12.64% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QLVD or SCHD?
SCHD has been the more volatile fund at 16.3% annualized versus 12.9% for QLVD. Worst drawdown: QLVD -28.4% vs SCHD -33.4%.
Should I hold both QLVD and SCHD?
QLVD and SCHD have a monthly-return correlation of 0.77, 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, QLVD or SCHD?
QLVD yields 2.93% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than QLVD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. QLVD is less concentrated, with 20.6% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.