CANQ vs SCHD
CANQ vs SCHD
Calamos Nasdaq Equity & Income ETF 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 | CANQ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.94% | 0.06% | |
| AUM | $21M | $103.7B | |
| Dividend Yield | 4.65% | 3.31% | |
| Holdings | 30 | 104 | |
| YTD Return | +4.84% | +23.53% | |
| 1Y Return | +9.06% | +30.95% | |
| 3Y Return (annualized) | - | +14.72% | |
| 5Y Return (annualized) | - | +9.56% | |
| Volatility (annualized) | 11.2% | 13.6% | |
| Max Drawdown | -12.8% | -33.4% | |
| Fund Family | Calamos Investments | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Feb 13, 2024 | Oct 20, 2011 |
CANQ vs SCHD Performance
Calamos Nasdaq Equity & Income ETF (CANQ) is a ETF from Calamos Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CANQ returned +9.06% while SCHD returned +30.95%. Year to date, CANQ is up 4.84% versus a gain of 23.53% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.2% for CANQ. 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 -12.8% for CANQ 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 0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CANQ charges 0.94% per year while SCHD charges 0.06%. On a $10,000 position that is $94 vs $6 annually, a gap of $88 per year that compounds over a long holding period. On income, CANQ currently yields 4.65% against 3.31% for SCHD.
Holdings Overlap
CANQ and SCHD share 0 holdings out of 123 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CANQ or SCHD?
CANQ has an expense ratio of 0.94% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $88 per year of difference.
Which performed better, CANQ or SCHD?
Over the past year CANQ returned +9.06% vs +30.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), CANQ annualized +15.52% vs +11.35% for SCHD. Past performance does not guarantee future results.
Which is riskier, CANQ or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 11.2% for CANQ. Worst drawdown: CANQ -12.8% vs SCHD -33.4%.
Should I hold both CANQ and SCHD?
CANQ and SCHD have a monthly-return correlation of 0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CANQ and SCHD?
CANQ and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 123 unique securities.
Which pays a higher dividend, CANQ or SCHD?
CANQ yields 4.65% while SCHD yields 3.31%, so CANQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.