QTJL vs SCHD
Innovator Growth Accelerated Plus ETF - July vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | QTJL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.06% | |
| AUM | $27M | $108.7B | |
| Dividend Yield | 0.00% | 3.13% | |
| Holdings | 5 | 104 | |
| YTD Return | +6.43% | +28.70% | |
| 1Y Return | +14.06% | +32.27% | |
| 3Y Return (annualized) | +18.77% | +17.27% | |
| 5Y Return (annualized) | +9.35% | +10.23% | |
| Volatility (annualized) | 16.8% | 13.7% | |
| Max Drawdown | -33.4% | -33.4% | |
| Fund Family | Innovator ETFs Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jun 30, 2021 | Oct 20, 2011 |
QTJL vs SCHD Performance
Innovator Growth Accelerated Plus ETF - July (QTJL) is a ETF from Innovator ETFs Trust and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year QTJL returned +14.06% while SCHD returned +32.27%. Year to date, QTJL is up 6.43% versus a gain of 28.70% for SCHD.
Over three years, QTJL compounded at +18.77% per year against +17.27% for SCHD; over five years the annualized figures are +9.35% and +10.23% respectively. Across the full 5-year window we track, SCHD has the edge at +11.63% annualized vs +9.97%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QTJL has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 13.7% 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 -33.4% for QTJL 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QTJL charges 0.79% per year while SCHD charges 0.06%. On a $10,000 position that is $79 vs $6 annually, a gap of $73 per year that compounds over a long holding period. On income, QTJL currently yields 0.00% against 3.13% for SCHD.
Frequently Asked Questions
Which is cheaper, QTJL or SCHD?
QTJL has an expense ratio of 0.79% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, QTJL or SCHD?
Over the past year QTJL returned +14.06% vs +32.27% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), QTJL annualized +9.97% vs +11.63% for SCHD. Past performance does not guarantee future results.
Which is riskier, QTJL or SCHD?
QTJL has been the more volatile fund at 16.8% annualized versus 13.7% for SCHD. Worst drawdown: QTJL -33.4% vs SCHD -33.4%.
Should I hold both QTJL and SCHD?
QTJL and SCHD have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, QTJL or SCHD?
QTJL yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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