QB vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. QB offers more diversification with 103 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: QB

Side-by-Side Comparison

MetricQBSCHDWinner
Expense Ratio0.58%0.06%
AUM$3M$103.7B
Dividend Yield0.78%3.31%
Holdings105104
YTD Return+15.53%+24.08%
1Y Return+22.04%+31.88%
3Y Return (annualized)-+14.92%
5Y Return (annualized)-+9.85%
Volatility (annualized)5.1%13.6%
Max Drawdown-3.5%-33.4%
Fund FamilyProSharesCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionJun 24, 2025Oct 20, 2011

QB vs SCHD Performance

ProShares Nasdaq-100 Dynamic Buffer ETF (QB) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year QB returned +22.04% while SCHD returned +31.88%. Year to date, QB is up 15.53% versus a gain of 24.08% for SCHD.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 5.1% for QB. 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 -3.5% for QB 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QB charges 0.58% per year while SCHD charges 0.06%. On a $10,000 position that is $58 vs $6 annually, a gap of $52 per year that compounds over a long holding period. On income, QB currently yields 0.78% against 3.31% for SCHD.

Holdings Overlap

5.0%overlap

QB and SCHD share 8 holdings out of 195 unique holdings combined, representing a 5.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QBWeight in SCHDDifference
AMGN0.87%4.25%3.38%
TXN1.20%3.70%2.50%
PEP0.85%3.72%2.87%
QCOMProProPro
ADPProProPro
CMCSAProProPro
FASTProProPro
PAYXProProPro
See all 8 holdings QB shares with SCHD
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, QB or SCHD?

QB has an expense ratio of 0.58% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $52 per year of difference.

Which performed better, QB or SCHD?

Over the past year QB returned +22.04% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), QB annualized +19.95% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, QB or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 5.1% for QB. Worst drawdown: QB -3.5% vs SCHD -33.4%.

Should I hold both QB and SCHD?

QB and SCHD have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between QB and SCHD?

QB and SCHD share 8 common holdings with a 5.0% weight overlap. Combined, they hold 195 unique securities.

Which pays a higher dividend, QB or SCHD?

QB yields 0.78% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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