QDVO vs SCHD
QDVO vs SCHD
Amplify CWP Growth & 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 | QDVO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.56% | 0.06% | |
| AUM | $719M | $103.7B | |
| Dividend Yield | 11.37% | 3.31% | |
| Holdings | 57 | 104 | |
| YTD Return | +10.01% | +24.08% | |
| 1Y Return | +18.20% | +31.88% | |
| 3Y Return (annualized) | - | +14.92% | |
| 5Y Return (annualized) | - | +9.85% | |
| Volatility (annualized) | 13.9% | 13.6% | |
| Max Drawdown | -18.6% | -33.4% | |
| Fund Family | Amplify ETFs | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Aug 22, 2024 | Oct 20, 2011 |
QDVO vs SCHD Performance
Amplify CWP Growth & Income ETF (QDVO) is a ETF from Amplify ETFs and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year QDVO returned +18.20% while SCHD returned +31.88%. Year to date, QDVO is up 10.01% versus a gain of 24.08% for SCHD.
Risk: Volatility and Drawdowns
QDVO has been the more volatile fund, with annualized monthly volatility of 13.9% 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 -18.6% for QDVO 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
QDVO charges 0.56% per year while SCHD charges 0.06%. On a $10,000 position that is $56 vs $6 annually, a gap of $50 per year that compounds over a long holding period. On income, QDVO currently yields 11.37% against 3.31% for SCHD.
Holdings Overlap
QDVO and SCHD share 4 holdings out of 136 unique holdings combined, representing a 6.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QDVO | Weight in SCHD | Difference |
|---|---|---|---|
| AMGN | 2.16% | 4.25% | 2.09% |
| KO | 1.99% | 4.08% | 2.09% |
| MO | 1.87% | 3.15% | 1.28% |
| SLB | Pro | Pro | Pro |
See all 4 holdings QDVO shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, QDVO or SCHD?
QDVO has an expense ratio of 0.56% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $50 per year of difference.
Which performed better, QDVO or SCHD?
Over the past year QDVO returned +18.20% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), QDVO annualized +21.64% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, QDVO or SCHD?
QDVO has been the more volatile fund at 13.9% annualized versus 13.6% for SCHD. Worst drawdown: QDVO -18.6% vs SCHD -33.4%.
Should I hold both QDVO and SCHD?
QDVO 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 QDVO and SCHD?
QDVO and SCHD share 4 common holdings with a 6.5% weight overlap. Combined, they hold 136 unique securities.
Which pays a higher dividend, QDVO or SCHD?
QDVO yields 11.37% while SCHD yields 3.31%, so QDVO currently pays the higher dividend yield.
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