QLVE vs. SCHY
Compare and contrast key facts about FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) and Schwab International Dividend Equity ETF (SCHY).
QLVE and SCHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLVE is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Emerging Markets Quality Low Volatility Index. It was launched on Jul 15, 2019. SCHY is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones International Dividend 100 Index. It was launched on Apr 29, 2021. Both QLVE and SCHY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QLVE or SCHY.
Correlation
The correlation between QLVE and SCHY is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QLVE vs. SCHY - Performance Comparison
Key characteristics
QLVE:
1.31
SCHY:
0.65
QLVE:
1.93
SCHY:
0.96
QLVE:
1.23
SCHY:
1.12
QLVE:
1.16
SCHY:
0.58
QLVE:
3.27
SCHY:
1.36
QLVE:
4.01%
SCHY:
5.21%
QLVE:
10.00%
SCHY:
10.93%
QLVE:
-29.96%
SCHY:
-24.03%
QLVE:
-4.87%
SCHY:
-6.53%
Returns By Period
In the year-to-date period, QLVE achieves a 3.37% return, which is significantly lower than SCHY's 5.45% return.
QLVE
3.37%
3.62%
2.51%
11.60%
2.91%
N/A
SCHY
5.45%
4.77%
-1.40%
4.85%
N/A
N/A
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QLVE vs. SCHY - Expense Ratio Comparison
QLVE has a 0.40% expense ratio, which is higher than SCHY's 0.14% expense ratio.
Risk-Adjusted Performance
QLVE vs. SCHY — Risk-Adjusted Performance Rank
QLVE
SCHY
QLVE vs. SCHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) and Schwab International Dividend Equity ETF (SCHY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
QLVE vs. SCHY - Dividend Comparison
QLVE's dividend yield for the trailing twelve months is around 3.01%, less than SCHY's 4.40% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|---|---|
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fund | 3.01% | 3.11% | 3.00% | 2.48% | 2.57% | 1.66% | 1.27% |
SCHY Schwab International Dividend Equity ETF | 4.40% | 4.64% | 3.97% | 3.68% | 1.73% | 0.00% | 0.00% |
Drawdowns
QLVE vs. SCHY - Drawdown Comparison
The maximum QLVE drawdown since its inception was -29.96%, which is greater than SCHY's maximum drawdown of -24.03%. Use the drawdown chart below to compare losses from any high point for QLVE and SCHY. For additional features, visit the drawdowns tool.
Volatility
QLVE vs. SCHY - Volatility Comparison
The current volatility for FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) is 2.40%, while Schwab International Dividend Equity ETF (SCHY) has a volatility of 3.48%. This indicates that QLVE experiences smaller price fluctuations and is considered to be less risky than SCHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.