QTOC vs SCHD
Innovator Growth Accelerated Plus ETF - October 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 100 holdings.
Side-by-Side Comparison
| Metric | QTOC | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.06% | |
| AUM | $22M | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 5 | 104 | |
| YTD Return | +13.73% | +25.58% | |
| 1Y Return | +18.10% | +31.06% | |
| 3Y Return (annualized) | +19.36% | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 16.6% | 13.6% | |
| Max Drawdown | -33.4% | -33.4% | |
| Fund Family | Innovator ETFs Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Oct 1, 2021 | Oct 20, 2011 |
QTOC vs SCHD Performance
Innovator Growth Accelerated Plus ETF - October (QTOC) 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 QTOC returned +18.10% while SCHD returned +31.06%. Year to date, QTOC is up 13.73% versus a gain of 25.58% for SCHD.
Over three years, QTOC compounded at +19.36% per year against +15.55% for SCHD. Across the full 5-year window we track, SCHD has the edge at +11.46% annualized vs +9.89%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QTOC has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 13.6% 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 QTOC 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QTOC 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, QTOC currently yields 0.00% against 3.31% for SCHD.
Frequently Asked Questions
Which is cheaper, QTOC or SCHD?
QTOC 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, QTOC or SCHD?
Over the past year QTOC returned +18.10% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), QTOC annualized +9.89% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, QTOC or SCHD?
QTOC has been the more volatile fund at 16.6% annualized versus 13.6% for SCHD. Worst drawdown: QTOC -33.4% vs SCHD -33.4%.
Should I hold both QTOC and SCHD?
QTOC and SCHD have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, QTOC or SCHD?
QTOC yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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