QQQI vs. SCHD
Compare and contrast key facts about NEOS Nasdaq 100 High Income ETF (QQQI) and Schwab US Dividend Equity ETF (SCHD).
QQQI and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQI is an actively managed fund by Neos Investments. It was launched on Jan 30, 2024. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQI or SCHD.
Key characteristics
| QQQI | SCHD | |
|---|---|---|
| Daily Std Dev | 14.61% | 11.09% |
| Max Drawdown | -10.67% | -33.37% |
| Current Drawdown | -1.85% | -2.36% |
Correlation
The correlation between QQQI and SCHD is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
QQQI vs. SCHD - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QQQI vs. SCHD - Expense Ratio Comparison
QQQI has a 0.68% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
QQQI vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq 100 High Income ETF (QQQI) and Schwab US Dividend Equity ETF (SCHD). 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.
Not enough dataDividends
QQQI vs. SCHD - Dividend Comparison
QQQI's dividend yield for the trailing twelve months is around 10.79%, more than SCHD's 3.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQI NEOS Nasdaq 100 High Income ETF | 10.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.47% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
QQQI vs. SCHD - Drawdown Comparison
The maximum QQQI drawdown since its inception was -10.67%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for QQQI and SCHD. For additional features, visit the drawdowns tool.
Volatility
QQQI vs. SCHD - Volatility Comparison
NEOS Nasdaq 100 High Income ETF (QQQI) has a higher volatility of 3.32% compared to Schwab US Dividend Equity ETF (SCHD) at 2.75%. This indicates that QQQI's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.