QVMT vs SCHD
QVMT vs SCHD
Invesco S&P 500 Concentrated QVM ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. QVMT delivered stronger 1-year returns. QVMT offers more diversification with 101 holdings.
Side-by-Side Comparison
| Metric | QVMT | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.13% | 0.06% | |
| AUM | $135M | $103.7B | |
| Dividend Yield | 1.77% | 3.31% | |
| Holdings | 103 | 104 | |
| YTD Return | +15.89% | +23.31% | |
| 1Y Return | +32.95% | +30.42% | |
| 3Y Return (annualized) | +18.33% | +14.66% | |
| 5Y Return (annualized) | +12.61% | +9.59% | |
| Volatility (annualized) | 20.1% | 13.6% | |
| Max Drawdown | -48.7% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 9, 2015 | Oct 20, 2011 |
QVMT vs SCHD Performance
Invesco S&P 500 Concentrated QVM ETF (QVMT) 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 QVMT returned +32.95% while SCHD returned +30.42%. Year to date, QVMT is up 15.89% versus a gain of 23.31% for SCHD.
Over three years, QVMT compounded at +18.33% per year against +14.66% for SCHD; over five years the annualized figures are +12.61% and +9.59% respectively. Across the full 11-year window we track, SCHD has the edge at +11.34% annualized vs +10.63%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QVMT has been the more volatile fund, with annualized monthly volatility of 20.1% 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 -48.7% for QVMT 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QVMT charges 0.13% per year while SCHD charges 0.06%. On a $10,000 position that is $13 vs $6 annually, a gap of $7 per year that compounds over a long holding period. On income, QVMT currently yields 1.77% against 3.31% for SCHD.
Holdings Overlap
QVMT and SCHD share 12 holdings out of 189 unique holdings combined, representing a 6.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QVMT | Weight in SCHD | Difference |
|---|---|---|---|
| COP | 1.67% | 3.70% | 2.03% |
| CMCSA | 1.13% | 2.19% | 1.06% |
| DVN | 0.72% | 1.31% | 0.59% |
| ADM | Pro | Pro | Pro |
| CINF | Pro | Pro | Pro |
| RF | Pro | Pro | Pro |
| TROW | Pro | Pro | Pro |
| PFG | Pro | Pro | Pro |
| SNA | Pro | Pro | Pro |
| BBY | Pro | Pro | Pro |
See all 10 holdings QVMT 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, QVMT or SCHD?
QVMT has an expense ratio of 0.13% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
Which performed better, QVMT or SCHD?
Over the past year QVMT returned +32.95% vs +30.42% for SCHD, so QVMT leads on 1-year performance. Over the longest common window we track (11 years), QVMT annualized +10.63% vs +11.34% for SCHD. Past performance does not guarantee future results.
Which is riskier, QVMT or SCHD?
QVMT has been the more volatile fund at 20.1% annualized versus 13.6% for SCHD. Worst drawdown: QVMT -48.7% vs SCHD -33.4%.
Should I hold both QVMT and SCHD?
QVMT and SCHD have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QVMT and SCHD?
QVMT and SCHD share 12 common holdings with a 6.3% weight overlap. Combined, they hold 189 unique securities.
Which pays a higher dividend, QVMT or SCHD?
QVMT yields 1.77% while SCHD yields 3.31%, so SCHD 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.