GQI vs SCHX
Natixis Gateway Quality Income ETF vs Schwab US Large-Cap ETF
Which is better, GQI or SCHX?
Nearly the same fund. SCHX costs less.
SCHX has a lower expense ratio. GQI led over 1Y, SCHX over the full window. The two have moved almost in lockstep, correlation 0.95.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GQI | SCHX |
|---|---|---|
| Expense Ratio | 0.34% | 0.03%Best |
| AUM | $304M | $75.3B |
| Dividend Yield | 8.66% | 1.04% |
| Holdings | 110 | 752 |
| YTD Return | +15.06%Best | +13.08% |
| 1Y Return | +21.24%Best | +16.62% |
| 3Y Return (annualized) | - | +22.27% |
| 5Y Return (annualized) | - | +12.56% |
| Volatility (annualized) | 8.8%Best | 11.7% |
| Max Drawdown | -16.6%Best | -19.0% |
| $10,000 over 2.8 years | $15,358 | $16,766Best |
| Fund Family | Natixis Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 13, 2023 | Nov 3, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 13, 2023 to Oct 14, 2026 (2.8 years).
GQI vs SCHX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
GQI vs SCHX Performance
Natixis Gateway Quality Income ETF (GQI) is an ETF from Natixis Funds and Schwab US Large-Cap ETF (SCHX) is an ETF from Charles Schwab Asset Management. Over the past year GQI returned +21.24% while SCHX returned +16.62%. Year to date, GQI is up 15.06% versus a gain of 13.08% for SCHX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHX has been the more volatile fund, with annualized monthly volatility of 11.7% compared with 8.8% for GQI. 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 -16.6% for GQI and -19.0% for SCHX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GQI charges 0.34% per year while SCHX charges 0.03%. On a $10,000 position that is $34 vs $3 annually, a gap of $31 per year that compounds over a long holding period. On income, GQI currently yields 8.66% against 1.04% for SCHX.
Holdings Overlap
At least 55.8% of SCHX's money is in holdings GQI also owns.
Stated as a floor: for GQI, our book for it covers 89.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
113 positions in common, counted across the 118 positions we hold weights for in GQI and 752 in SCHX, against full books of 110 and 752.
Top Shared Holdings
| Stock | Weight in GQI | Weight in SCHX | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.31% | 8.02% | 0.29% |
| AAPLApple, Inc | 7.52% | 6.90% | 0.62% |
| MSFTMicrosoft Corp | 4.06% | 5.44% | 1.38% |
| GOOGLAlphabet Inc | 5.23% | 2.86% | 2.37% |
| AMZNAmazon.Com Inc | 3.31% | 3.50% | 0.19% |
| AVGOBroadcom Inc | 2.08% | 2.40% | 0.32% |
| METAMeta Platforms Inc | 2.11% | 2.28% | 0.17% |
| MUMicron Technology, Inc. | 1.86% | 1.72% | 0.14% |
| MAMastercard Inc | 2.31% | 0.63% | 1.68% |
| LLYEli Lilly & Co. | 1.39% | 1.30% | 0.09% |
55.8% of SCHX is already inside GQI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GQI or SCHX?
GQI has an expense ratio of 0.34% while SCHX charges 0.03%. SCHX is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, GQI or SCHX?
Over the past year GQI returned +21.24% vs +16.62% for SCHX, so GQI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GQI or SCHX?
SCHX has been the more volatile fund at 11.7% annualized versus 8.8% for GQI. Worst drawdown: GQI -16.6% vs SCHX -19.0%.
Should I hold both GQI and SCHX?
GQI and SCHX have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GQI and SCHX?
At least 55.8% of SCHX's money is in holdings GQI also owns. Our book for GQI is partial, so the real figure is this or higher. They hold 113 positions in common, counted across the 118 positions we hold weights for in GQI and 752 in SCHX.
Which pays a higher dividend, GQI or SCHX?
GQI yields 8.66% while SCHX yields 1.04%, so GQI currently pays the higher dividend yield.
Is SCHX better than GQI?
SCHX has a lower expense ratio. GQI led over 1Y, SCHX over the full window. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.