QYLD vs SCHD
Global X NASDAQ 100 Covered Call ETF vs Schwab US Dividend Equity ETF
Which is better, QYLD or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 47.1%.
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 | QYLD | SCHD |
|---|---|---|
| Expense Ratio | 0.60% | 0.06%Best |
| AUM | $8.3B | $112.1B |
| Dividend Yield | 11.62% | 3.00% |
| Holdings | 105 | 103 |
| YTD Return | +11.79% | +24.59%Best |
| 1Y Return | +21.89% | +28.14%Best |
| 3Y Return (annualized) | +14.56% | +15.58%Best |
| 5Y Return (annualized) | +7.95% | +9.90%Best |
| Volatility (annualized) | 11.0%Best | 14.4% |
| Max Drawdown | -30.7%Best | -33.4% |
| $10,000 over 5 years | $14,659 | $16,032Best |
| Top 10 Weight | 47.1% | 41.8%Best |
| Fund Family | Global X by mirae Asset | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Dec 11, 2013 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Dec 12, 2013 to Sep 10, 2026 (12.7 years).
QYLD 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 12.7 years both funds cover.
QYLD vs SCHD Performance
Global X NASDAQ 100 Covered Call ETF (QYLD) is an ETF from Global X by mirae Asset and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year QYLD returned +21.89% while SCHD returned +28.14%. Year to date, QYLD is up 11.79% versus a gain of 24.59% for SCHD.
Over three years, QYLD compounded at +14.56% per year against +15.58% for SCHD; over five years the annualized figures are +7.95% and +9.90% respectively. Across the full 13-year window we track, SCHD has the edge at +10.28% annualized vs +2.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.4% compared with 11.0% for QYLD. 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 -30.7% for QYLD and -33.4% 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QYLD 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, QYLD currently yields 11.62% against 3.00% for SCHD.
Holdings Overlap
5.1% of QYLD's money is in holdings SCHD also owns. 21.5% of SCHD's money is in holdings QYLD also owns.
SCHD and QYLD share little of their money.
8 positions in common, counted across the 102 positions we hold weights for in QYLD and 100 in SCHD, against full books of 105 and 103.
What only one of them owns
Our book lists 91 positions for SCHD that do not appear in our book for QYLD (78.5% of the fund), and 86 for QYLD that do not appear in SCHD (93.1%).
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.
Top Shared Holdings
| Stock | Weight in QYLD | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 1.07% | 4.70% | 3.63% |
| PEPPepsico Inc. | 0.86% | 3.64% | 2.78% |
| TXNTexas Instruments, Inc | 1.04% | 3.13% | 2.09% |
| QCOMQualcomm Inc. | 0.79% | 2.52% | 1.73% |
| ADPAutomatic Data Processing, Inc. | 0.51% | 2.79% | 2.28% |
| CMCSAComcast Corp. Class A | 0.42% | 2.31% | 1.89% |
| FASTFastenal Co. | 0.25% | 1.38% | 1.13% |
| PAYXPaychex, Inc. | 0.20% | 1.00% | 0.80% |
21.5% of SCHD is already inside QYLD.
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, QYLD or SCHD?
QYLD 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, QYLD or SCHD?
Over the past year QYLD returned +21.89% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), QYLD annualized +2.92% vs +10.28% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QYLD or SCHD?
SCHD has been the more volatile fund at 14.4% annualized versus 11.0% for QYLD. Worst drawdown: QYLD -30.7% vs SCHD -33.4%.
Should I hold both QYLD and SCHD?
QYLD and SCHD have a monthly-return correlation of 0.65, 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 QYLD and SCHD?
21.5% of SCHD's money is in holdings QYLD also owns. 21.5% of SCHD's is in holdings QYLD also owns. They hold 8 positions in common, counted across the 102 positions we hold weights for in QYLD and 100 in SCHD.
Which pays a higher dividend, QYLD or SCHD?
QYLD yields 11.62% while SCHD yields 3.00%, so QYLD currently pays the higher dividend yield.
Is SCHD better than QYLD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.