QRMI vs SCHD
Global X NASDAQ 100 Risk Managed Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. QRMI offers more diversification with 109 holdings.
Side-by-Side Comparison
| Metric | QRMI | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.06% | |
| AUM | $15M | $108.7B | |
| Dividend Yield | 12.58% | 3.13% | |
| Holdings | 109 | 104 | |
| YTD Return | +2.76% | +26.54% | |
| 1Y Return | +8.07% | +30.90% | |
| 3Y Return (annualized) | +7.17% | +16.29% | |
| 5Y Return (annualized) | +1.78% | +9.65% | |
| Volatility (annualized) | 7.8% | 13.6% | |
| Max Drawdown | -20.9% | -33.4% | |
| Fund Family | GLOBALXETFS | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Aug 25, 2021 | Oct 20, 2011 |
QRMI vs SCHD Performance
Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is a ETF from GLOBALXETFS and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year QRMI returned +8.07% while SCHD returned +30.90%. Year to date, QRMI is up 2.76% versus a gain of 26.54% for SCHD.
Over three years, QRMI compounded at +7.17% per year against +16.29% for SCHD; over five years the annualized figures are +1.78% and +9.65% respectively. Across the full 5-year window we track, SCHD has the edge at +11.51% annualized vs +1.78%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 7.8% for QRMI. 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 -20.9% for QRMI 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QRMI charges 0.60% per year while SCHD charges 0.06%. On a $10,000 position that is $60 vs $6 annually, a gap of $54 per year that compounds over a long holding period. On income, QRMI currently yields 12.58% against 3.13% for SCHD.
Holdings Overlap
QRMI and SCHD share 8 holdings out of 195 unique holdings combined, representing a 5.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QRMI or SCHD?
QRMI has an expense ratio of 0.60% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $54 per year of difference.
Which performed better, QRMI or SCHD?
Over the past year QRMI returned +8.07% vs +30.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), QRMI annualized +1.78% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, QRMI or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 7.8% for QRMI. Worst drawdown: QRMI -20.9% vs SCHD -33.4%.
Should I hold both QRMI and SCHD?
QRMI and SCHD have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QRMI and SCHD?
QRMI and SCHD share 8 common holdings with a 5.2% weight overlap. Combined, they hold 195 unique securities.
Which pays a higher dividend, QRMI or SCHD?
QRMI yields 12.58% while SCHD yields 3.13%, so QRMI currently pays the higher dividend yield.
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