SCHD vs SPYQ
Schwab US Dividend Equity ETF vs Tradr 2X Long SPY Quarterly ETF
Which is better, SCHD or SPYQ?
Large Cap Value against Leverage Strategy.
SCHD has a lower expense ratio. SCHD led over 1Y, SPYQ over 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 | SCHD | SPYQ |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.00% |
| AUM | $112.1B | $12M |
| Dividend Yield | 3.00% | 0.14% |
| Holdings | 103 | 9 |
| YTD Return | +24.23%Best | +18.05% |
| 1Y Return | +27.90%Best | +25.23% |
| 3Y Return (annualized) | +15.55% | - |
| 5Y Return (annualized) | +9.97% | - |
| Volatility (annualized) | 14.1%Best | 25.6% |
| Max Drawdown | -16.1%Best | -35.9% |
| $10,000 over 2 years | $12,896 | $15,773Best |
| Fund Family | Charles Schwab Asset Management | Tradr ETFs |
| Category | Equity | Alternative |
| Style | Large Cap Value | Leverage Strategy |
| Inception | Oct 20, 2011 | Sep 30, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 1, 2024 to Sep 17, 2026 (2 years).
SCHD vs SPYQ 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 2 years both funds cover.
SCHD vs SPYQ Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Tradr 2X Long SPY Quarterly ETF (SPYQ) is an ETF from Tradr ETFs. Over the past year SCHD returned +27.90% while SPYQ returned +25.23%. Year to date, SCHD is up 24.23% versus a gain of 18.05% for SPYQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYQ has been the more volatile fund, with annualized monthly volatility of 25.6% compared with 14.1% 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 -16.1% for SCHD and -35.9% for SPYQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPYQ charges 1.00%. On a $10,000 position that is $6 vs $100 annually, a gap of $94 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.14% for SPYQ.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 1 in SPYQ, totalling 100.0% and 54.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 62 days apart, SCHD as of Aug 31, 2026 and SPYQ as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 1 in SPYQ, against full books of 103 and 9.
You are not choosing between two funds in isolation.
Whichever of SCHD and SPYQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHD or SPYQ?
SCHD has an expense ratio of 0.06% while SPYQ charges 1.00%. SCHD is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, SCHD or SPYQ?
Over the past year SCHD returned +27.90% vs +25.23% for SPYQ, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +13.56% vs +25.59% for SPYQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SPYQ?
SPYQ has been the more volatile fund at 25.6% annualized versus 14.1% for SCHD. Worst drawdown: SCHD -16.1% vs SPYQ -35.9%.
Should I hold both SCHD and SPYQ?
SCHD and SPYQ have a monthly-return correlation of 0.40, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or SPYQ?
SCHD yields 3.00% while SPYQ yields 0.14%, so SCHD currently pays the higher dividend yield.
Is SPYQ better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, SPYQ over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.