QMID vs SCHD
WisdomTree US MidCap Quality Growth Fund vs Schwab US Dividend Equity ETF
Which is better, QMID or SCHD?
Mid Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. QMID is less concentrated, with 14.5% of the fund in its ten largest positions against 41.8%.
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 | QMID | SCHD |
|---|---|---|
| Expense Ratio | 0.38% | 0.06%Best |
| AUM | $2M | $112.1B |
| Dividend Yield | 0.48% | 3.00% |
| Holdings | 126 | 103 |
| YTD Return | +3.19% | +23.60%Best |
| 1Y Return | +3.11% | +28.29%Best |
| 3Y Return (annualized) | - | +16.25% |
| 5Y Return (annualized) | - | +10.25% |
| Volatility (annualized) | 14.2% | 13.1%Best |
| Max Drawdown | -23.6% | -16.1%Best |
| $10,000 over 2.7 years | $12,101 | $14,468Best |
| Top 10 Weight | 14.5%Best | 41.8% |
| Fund Family | WisdomTree Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Jan 25, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 25, 2024 to Sep 21, 2026 (2.7 years).
QMID 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 2.7 years both funds cover.
QMID vs SCHD Performance
WisdomTree US MidCap Quality Growth Fund (QMID) 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 QMID returned +3.11% while SCHD returned +28.29%. Year to date, QMID is up 3.19% versus a gain of 23.60% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QMID has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 13.1% 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 -23.6% for QMID 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 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QMID 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, QMID currently yields 0.48% against 3.00% for SCHD.
Holdings Overlap
1.7% of QMID's money is in holdings SCHD also owns. 0.4% of SCHD's money is in holdings QMID also owns.
QMID and SCHD share little of their money.
2 positions in common, counted across the 125 positions we hold weights for in QMID and 100 in SCHD, against full books of 126 and 103.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for QMID (99.5% of the fund), and 120 for QMID that do not appear in SCHD (95.7%).
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 QMID 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, QMID or SCHD?
QMID 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, QMID or SCHD?
Over the past year QMID returned +3.11% vs +28.29% 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, QMID or SCHD?
QMID has been the more volatile fund at 14.2% annualized versus 13.1% for SCHD. Worst drawdown: QMID -23.6% vs SCHD -16.1%.
Should I hold both QMID and SCHD?
QMID and SCHD have a monthly-return correlation of 0.64, 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 QMID and SCHD?
1.7% of QMID's money is in holdings SCHD also owns. 0.4% of SCHD's is in holdings QMID also owns. They hold 2 positions in common, counted across the 125 positions we hold weights for in QMID and 100 in SCHD.
Which pays a higher dividend, QMID or SCHD?
QMID yields 0.48% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than QMID?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. QMID is less concentrated, with 14.5% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.