QLC vs SCHX: Differences, Returns & Fees

QLC and SCHX hold 56% of their weight in the same names, and QLC returned +19.8% over the year. Net assets: $1.0bn on Jul 31, 2026 for Northern Trust US Quality Large Cap ETF, and $72.6bn on May 31, 2026 for Schwab U.S. Large-Cap ETF.

SCHX costs 0.22 points a year less; their one-year returns differ by 3.2 points.

QLC vs SCHX: Differences, Returns & Fees
QLCSCHX
Expense ratio0.25%0.03%
Net assets, QLC as of Jul 31, 2026 and SCHX as of May 31, 2026$1.0bn$72.6bn
Total return, 1 year+19.8%+16.6%
What it tracksNorthern Trust Quality Large Cap IndexDow Jones U.S. Large-Cap Total Stock Market Index
Holdings in common56%
Top ten holdings, share of the fund37.6%37.3%

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.

+19.8%
QLC total return, 1 year
+16.6%
SCHX total return, 1 year
0.25%
QLC expense ratio
0.03%
SCHX expense ratio

What they hold in common

By the books each fund has filed, QLC and SCHX hold 56% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jul 31, 2026.

half

56% in common

Positions both hold, largest shared weight first
Holding QLC SCHX
NVIDIA Corp. 7.10% 7.50%
Apple, Inc. 7.33% 6.69%
Microsoft Corp. 4.25% 4.88%
Alphabet, Inc. 4.09% 3.23%
Broadcom, Inc. 2.94% 3.10%
Amazon.com, Inc. 2.59% 3.87%
Alphabet, Inc. 3.66% 2.57%
Meta Platforms, Inc. 1.40% 2.02%
Berkshire Hathaway, Inc. 1.27% 1.27%
JPMorgan Chase & Co. 1.98% 1.18%
Eli Lilly & Co. 1.12% 1.28%
Micron Technology, Inc. 1.09% 1.60%
Only in QLC
Spotify Technology SA 0.33%
DuPont de Nemours, Inc. 0.24%
Agnico Eagle Mines Ltd. 0.24%
Check Point Software Technologies Ltd. 0.23%
ICON plc 0.09%
Only in SCHX
Exxon Mobil Corp 0.89%
Visa Inc 0.80%
Walmart Inc 0.74%
Costco Wholesale Corp 0.62%
Mastercard Inc 0.59%
UnitedHealth Group Inc 0.50%
Chevron Corp 0.50%
Coca-Cola Co/The 0.45%

Check overlap with more funds →

On the same fields

QLC
Northern Trust US Quality Large Cap ETF
SCHX
Schwab U.S. Large-Cap ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of U.S. Large-Cap
Total return, 1 year +19.8% +16.6%
Expense ratio 0.25% 0.03%
Already in the S&P 500 96.4% 94.5%
Holdings 177 748
Net assets, QLC as of Jul 31, 2026 and SCHX as of May 31, 2026 $1.0bn $72.6bn

QLC and SCHX on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About QLC

QLC tracks an index. Over the year to Oct 9, 2026 it returned +19.8% with distributions reinvested. The prospectus expense ratio is 0.25% a year. By its holdings filed for Jul 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 177 positions, with the top ten at 37.6%.

About SCHX

SCHX tracks an index of U.S. Large-Cap. Over the year to Oct 9, 2026 it returned +16.6% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings filed for May 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 748 positions, with the top ten at 37.3%.

Questions people ask

Which returned more over the last year, QLC or SCHX?
In the year to Oct 9, 2026, with distributions reinvested, QLC returned +19.8% and SCHX +16.6%.
Which is cheaper, QLC or SCHX?
SCHX is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do QLC and SCHX overlap with the S&P 500?
By their latest filed holdings, 96% of QLC and 94% of SCHX by weight is stocks the S&P 500 already holds.
Other comparisons
Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, QLC against SCHX, data as of Oct 9, 2026. https://etfiq.com/compare/any/qlc-vs-schx

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.