QVML vs SCHD
QVML vs SCHD
Invesco S&P 500 QVM Multi-factor ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. QVML offers more diversification with 447 holdings.
Side-by-Side Comparison
| Metric | QVML | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.11% | 0.06% | |
| AUM | $1.5B | $103.7B | |
| Dividend Yield | 1.01% | 3.31% | |
| Holdings | 451 | 104 | |
| YTD Return | +11.29% | +22.69% | |
| 1Y Return | +20.73% | +30.94% | |
| 3Y Return (annualized) | +19.80% | +14.20% | |
| 5Y Return (annualized) | +13.16% | +9.59% | |
| Volatility (annualized) | 15.4% | 13.7% | |
| Max Drawdown | -23.5% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 28, 2021 | Oct 20, 2011 |
QVML vs SCHD Performance
Invesco S&P 500 QVM Multi-factor ETF (QVML) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year QVML returned +20.73% while SCHD returned +30.94%. Year to date, QVML is up 11.29% versus a gain of 22.69% for SCHD.
Over three years, QVML compounded at +19.80% per year against +14.20% for SCHD; over five years the annualized figures are +13.16% and +9.59% respectively. Across the full 5-year window we track, QVML has the edge at +13.37% annualized vs +11.31%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QVML has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 13.7% 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 -23.5% for QVML 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QVML charges 0.11% per year while SCHD charges 0.06%. On a $10,000 position that is $11 vs $6 annually, a gap of $5 per year that compounds over a long holding period. On income, QVML currently yields 1.01% against 3.31% for SCHD.
Holdings Overlap
QVML and SCHD share 44 holdings out of 503 unique holdings combined, representing a 8.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QVML | Weight in SCHD | Difference |
|---|---|---|---|
| UNH | 0.58% | 4.54% | 3.96% |
| MRK | 0.53% | 4.32% | 3.79% |
| ABT | 0.26% | 4.49% | 4.23% |
| HD | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
See all 10 holdings QVML 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, QVML or SCHD?
QVML has an expense ratio of 0.11% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, QVML or SCHD?
Over the past year QVML returned +20.73% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), QVML annualized +13.37% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, QVML or SCHD?
QVML has been the more volatile fund at 15.4% annualized versus 13.7% for SCHD. Worst drawdown: QVML -23.5% vs SCHD -33.4%.
Should I hold both QVML and SCHD?
QVML and SCHD have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QVML and SCHD?
QVML and SCHD share 44 common holdings with a 8.1% weight overlap. Combined, they hold 503 unique securities.
Which pays a higher dividend, QVML or SCHD?
QVML yields 1.01% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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