QRMI vs SCHD
Global X NASDAQ 100 Risk Managed Income ETF vs Schwab US Dividend Equity ETF
Which is better, QRMI or SCHD?
Large Cap Growth 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 | QRMI | SCHD |
|---|---|---|
| Expense Ratio | 0.60% | 0.06%Best |
| AUM | $15M | $112.1B |
| Dividend Yield | 12.42% | 3.00% |
| Holdings | 109 | 103 |
| YTD Return | +3.30% | +25.07%Best |
| 1Y Return | +8.16% | +27.61%Best |
| 3Y Return (annualized) | +7.49% | +15.74%Best |
| 5Y Return (annualized) | +1.79% | +9.89%Best |
| Volatility (annualized) | 7.7%Best | 14.9% |
| Max Drawdown | -20.9% | -16.9%Best |
| $10,000 over 5 years | $10,928 | $16,025Best |
| Fund Family | GLOBALXETFS | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Aug 25, 2021 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 26, 2021 to Sep 11, 2026 (5 years).
QRMI 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 5 years both funds cover.
QRMI vs SCHD Performance
Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an ETF from GLOBALXETFS and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year QRMI returned +8.16% while SCHD returned +27.61%. Year to date, QRMI is up 3.30% versus a gain of 25.07% for SCHD.
Over three years, QRMI compounded at +7.49% per year against +15.74% for SCHD; over five years the annualized figures are +1.79% and +9.89% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 7.7% 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 -16.9% 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 0.42. They move together some of the time, and apart the rest.
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 12.42% against 3.00% for SCHD.
Holdings Overlap
At least 21.5% of SCHD's money is in holdings QRMI also owns.
Only one direction is shown: for QRMI, our book for it lists positions totalling 105.2% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
SCHD and QRMI share little of their money.
8 positions in common, counted across the 102 positions we hold weights for in QRMI and 100 in SCHD, against full books of 109 and 103.
Top Shared Holdings
| Stock | Weight in QRMI | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 1.02% | 4.70% | 3.68% |
| PEPPepsico Inc. | 0.88% | 3.64% | 2.76% |
| TXNTexas Instruments, Inc | 1.16% | 3.13% | 1.97% |
| QCOMQualcomm Inc. | 0.80% | 2.52% | 1.72% |
| ADPAutomatic Data Processing, Inc. | 0.49% | 2.79% | 2.30% |
| CMCSAComcast Corp. Class A | 0.42% | 2.31% | 1.89% |
| FASTFastenal Co. | 0.26% | 1.38% | 1.12% |
| PAYXPaychex, Inc. | 0.20% | 1.00% | 0.80% |
21.5% of SCHD is already inside QRMI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $54 a year on a $10,000 investment.
Which performed better, QRMI or SCHD?
Over the past year QRMI returned +8.16% vs +27.61% 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, QRMI or SCHD?
SCHD has been the more volatile fund at 14.9% annualized versus 7.7% for QRMI. Worst drawdown: QRMI -20.9% vs SCHD -16.9%.
Should I hold both QRMI and SCHD?
QRMI and SCHD have a monthly-return correlation of 0.42, 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 QRMI and SCHD?
At least 21.5% of SCHD's money is in holdings QRMI also owns. Our book for QRMI is partial, so the real figure is this or higher. They hold 8 positions in common, counted across the 102 positions we hold weights for in QRMI and 100 in SCHD.
Which pays a higher dividend, QRMI or SCHD?
QRMI yields 12.42% while SCHD yields 3.00%, so QRMI currently pays the higher dividend yield.
Is SCHD better than QRMI?
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.