IQSU vs SCHX: Grades, Fees and Holdings Compared

NYLI Candriam U.S. Large Cap Equity ETF

IQSUBNYSE Arca

Schwab U.S. Large-Cap ETF

SCHXANYSE Arca

Overlap

54.5%by weight

Expense ratio

SCHX −0.06pt a year

IQSU0.09%SCHX0.03%

Avg volume · 30D

SCHX 1218.5×the volume

IQSU8.42KSCHX10.3M

5Y return · a year

SCHX +1.0pt

IQSU+9.9%SCHX+10.9%

IQSU vs SCHX Performance

Nov 9, 2021 – Nov 9, 2026

+60.7%IQSU+67.8%SCHX

Expense ratio: IQSU 0.09%; SCHX 0.03%, better
Fund size: IQSU $328M; SCHX $71.4B
1Y total return: IQSU +16.4%, better; SCHX +12.9%
Yield (12M): IQSU 0.92%; SCHX 1.05%, better
Holdings: IQSU 268; SCHX 752
Avg volume (30D): IQSU 8.42K sh; SCHX 10.3M sh, better
NAV per share: IQSU $59.82; SCHX $28.93
52W range

ETF.net Grade

Pillar letters and Scores for IQSU, SCHX, with each pillar’s weight
Pillar	IQSU	SCHX
Cost30% weight	A73	A91Higher
Mission25% weight	A88	A99Higher
Risk15% weight	D37	C46Higher
Tradability15% weight	C53	A89Higher
Holdings10% weight	D38	A70Higher
Durability5% weight	C50	A90Higher

Rank among US Large-Cap funds

How we build Categories ›

Same Category. IQSU and SCHX are both graded against the same 29 US Large-Cap funds, so their Grades compare head to head.

US Large-Cap⁠

Category · 29 funds

See all 29 ›

SCHX ranks 1st and IQSU 12th of 29 funds in the US Large-Cap Category.

Rank 1ASCHXSchwab U.S. Large-Cap ETFScore 83
Rank 2ABKLCBNY Mellon US Large Cap Core Equity ETFScore 82
Rank 11BSPXVProShares S&P 500 Ex-Health Care ETFScore 64
Rank 12BIQSUNYLI Candriam U.S. Large Cap Equity ETFScore 63
Rank 13BXOEFiShares S&P 500 ex S&P 100 ETFScore 61

Our read on each fund

ETF.net Research

IQSUBNYLI Candriam U.S. Large Cap Equity ETF

SCHXASchwab U.S. Large-Cap ETF

In short

IQSU The fund that dropped "ESG" from its name in 2023 and kept the screen. Roughly 300 US large caps that score best on Candriam's criteria, weighted by market cap, for 0.09% a year.

SCHX Schwab's no-frills large-cap core: roughly 800 US big names for three basis points, running since 2009. One of the cheapest tickets in a crowded category, and it hugs its index tightly.

Stated mandate

IQSU Seeks exposure to large-cap U.S. equities (large-cap equity ETF exposure).

SCHX The fund seeks to track, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index.

Why people hold it

IQSU Charges 0.09% a year, under the 0.14% typical of its large-cap peer group. Screened portfolios usually cost more than that, not less.
Best-in-class, not blacklist. The index takes top-scoring US large caps on Candriam's criteria and weights by market cap, keeping a broad core shape of about 300 stocks.newyorklifeinvestments.com
The scorer is family. New York Life built the index with Candriam, its own subsidiary, as consultant, and Solactive calculates it. No rented third-party ratings feed.newyorklifeinvestments.com newyorklifeinvestments.com 2
Live since 2019, it has tracked its index closely and distributes on a quarterly schedule.

SCHX 0.03% a year, well under the typical US large-cap fund's fee. That is the kind of cost floor only the biggest fund shops can hold.
About 800 stocks tracking the Dow Jones U.S. Large-Cap Total Stock Market Index before fees. No themes, no screens, no manager hunches.schwabassetmanagement.com
Tracking has been among the tightest in its peer group: the fund delivers its index with very little slippage.
Live since 2009 and now a multi-billion-dollar fund that trades heavily, so spreads stay thin and the lights are unlikely to go out.

Worth knowing

IQSU Thinly traded next to the category's giants, so the spread between buy and sell prices can weigh more on a round trip than the yearly fee does.
Cheap for its cohort, but plain-vanilla rivals go lower: SCHX and VV both run 0.03%.
A screen means the holdings won't mirror the whole market. The issuer notes the fund may forgo some market opportunities open to funds without these criteria.nylim.com

SCHX Large caps only, despite the index name. Mid and small caps live in a separate fund, so this is one slice of the market, not all of it.
Three basis points is cheap, not free: BKLC in the same peer group runs at zero.
Dividends land quarterly, not monthly, which matters if you're building an income schedule.

Full IQSU profile⁠

Full SCHX profile⁠

IQSU vs SCHX Holdings

How IQSU and SCHX differ

Overlap by weight

54.5%

Shared holdings make up 96.1% of IQSU and 54.8% of SCHX.

Level by level

Holdings251 in both54.5%
Sector11 Sectors89.7%
Asset classStocks100%
Countryby domicile99.6%

Sector

Sector weights in IQSU and SCHX, widest gap first
Sector	Gap	IQSU	SCHX
Health Care	SCHX +4.0 points	6.7%	10.7%
Consumer Discretionary	IQSU +3.9 points	13.5%	9.6%
Industrials	SCHX +3.0 points	5.4%	8.4%
Communication	IQSU +2.4 points	10.9%	8.5%
Energy	SCHX +2.2 points	1.4%	3.6%
Technology	IQSU +2.1 points	38.1%	36.0%
Materials	IQSU +0.9 points	2.7%	1.8%
Utilities	SCHX +0.9 points	1.2%	2.1%
Real Estate	IQSU +0.6 points	2.6%	2.0%
Financials	IQSU +0.3 points	12.8%	12.5%
Consumer Staples	SCHX +0.2 points	4.7%	4.9%

Country, concentration and asset class

Country by domicile

Country weights in IQSU and SCHX, widest gap first
Country	Gap	IQSU	SCHX
United States	SCHX +0.2 points	99.2%	99.4%
Switzerland	IQSU +0.1 points	0.4%	0.3%
Brazil	IQSU +0.2 points	0.2%	0.0%
China	IQSU +0.1 points	0.2%	0.1%
United Kingdom	SCHX +0.1 points	0.0%	0.1%
Mexico	Same weight	0.0%	0.0%
Ireland	Same weight	0.0%	0.0%
Sweden	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

IQSU42.4%
SCHX35.6%

Securities held

IQSU268
SCHX751

Asset class

IQSU: Stocks
SCHX: Stocks

Holdings

Only in IQSU17
In both251
Only in SCHX500

Only in IQSU

17 securities, 3.9% of IQSU by weight

Linde plc0.70%
Accenture Plc Class A0.46%
Chubb Limited0.39%
Medtronic Plc0.38%
Elevance Health, Inc.0.27%
Johnson Controls International plc0.25%
Royal Caribbean Group0.24%
MercadoLibre, Inc.0.21%
NXP Semiconductors NV0.19%
CRH public limited company0.18%
Drey Inst Pref Gov Mm Ins0.16%
Vivmark Residential0.15%
Fiserv, Inc.0.10%
Willis Towers Watson Public Limited Company0.09%
ARM Holdings PLC Sponsored ADR0.05%
Everest Group, Ltd.0.05%
Cash0.02%

Only in SCHX

500 securities, 45.1% of SCHX by weight

NVIDIA6.72%
Broadcom Inc2.08%
Meta Platforms Class A2.00%
Eli Lilly1.61%
Berkshire Hathaway Inc Class B1.58%
JPMorgan Chase1.32%
Exxonmobil Holdings Corp1.01%
Johnson & Johnson0.99%
Walmart0.83%
AbbVie0.77%
Costco Wholesale Corp0.70%
Chevron0.63%
Palantir Technologies Class A0.55%
Merck & Co Inc0.54%
UnitedHealth Group0.53%
Ge Aerospace0.50%
Philip Morris International0.46%
Netflix0.39%
Caterpillar Inc0.38%
Rtx0.38%
Wells Fargo0.38%
Goldman Sachs Group0.38%
Amgen Inc0.37%
Linde PLC0.35%
Oracle0.34%
Morgan Stanley0.32%
Citigroup0.30%
Abbott Laboratories0.28%
Space Exploration Technologies Cor0.27%
Arista Networks0.27%
Union Pacific0.26%
BlackRock0.25%
Deere0.25%
Pfizer0.25%
Conocophillips0.24%
Accenture PLC Class A0.24%
Danaher0.21%
Uber Technologies0.21%
Boeing0.20%
Eaton PLC0.20%
Chubb0.19%
Altria Group Inc0.19%
Medtronic PLC0.19%
Sandisk0.18%
Booking Holdings0.18%
Lockheed Martin0.17%
Cvs Health0.16%
Southern0.16%
Applovin Class A0.16%
Duke Energy Corp0.15%

Weight gaps

The 100 widest of 251 Holdings in both funds.

Holding weights in IQSU and SCHX, widest gap first
Holding	Gap	IQSU	SCHX
Apple Inc.AAPL	IQSU +3.73 points	11.16%	7.43%
Alphabet Inc. Class AGOOGL	IQSU +2.09 points	4.58%	2.49%
Alphabet Inc. Class CGOOG	IQSU +1.96 points	3.97%	2.01%
Tesla, Inc.TSLA	IQSU +1.93 points	3.43%	1.50%
Amazon.com, Inc.AMZN	IQSU +1.46 points	5.25%	3.79%
Advanced Micro Devices, Inc.AMD	IQSU +1.23 points	2.32%	1.09%
Micron Technology, Inc.MU	IQSU +1.14 points	2.30%	1.16%
Visa Inc. Class AV	IQSU +1.00 points	2.07%	1.07%
Mastercard Incorporated Class AMA	IQSU +0.73 points	1.52%	0.79%
Procter & Gamble CompanyPG	IQSU +0.58 points	1.15%	0.57%
Coca-Cola CompanyKO	IQSU +0.57 points	1.12%	0.55%
Cisco Systems, Inc.CSCO	IQSU +0.56 points	1.11%	0.55%
Home Depot, Inc.HD	IQSU +0.50 points	1.01%	0.51%
Bank of America CorpBAC	IQSU +0.44 points	0.92%	0.48%
Applied Materials, Inc.AMAT	IQSU +0.43 points	0.82%	0.39%
Lam Research CorporationLRCX	IQSU +0.41 points	0.78%	0.37%
Palo Alto Networks, Inc.PANW	IQSU +0.39 points	0.77%	0.38%
Texas Instruments IncorporatedTXN	IQSU +0.38 points	0.76%	0.38%
Intel CorporationINTC	IQSU +0.37 points	0.79%	0.42%
International Business Machines CorporationIBM	IQSU +0.34 points	0.68%	0.34%
GE Vernova Inc.GEV	IQSU +0.33 points	0.64%	0.31%
CrowdStrike Holdings, Inc. Class ACRWD	IQSU +0.32 points	0.65%	0.33%
Walt Disney CompanyDIS	IQSU +0.31 points	0.61%	0.30%
McDonald's CorporationMCD	IQSU +0.30 points	0.59%	0.29%
PepsiCo, Inc.PEP	IQSU +0.29 points	0.58%	0.29%
Gilead Sciences, Inc.GILD	IQSU +0.29 points	0.60%	0.31%
Verizon Communications Inc.VZ	IQSU +0.30 points	0.58%	0.28%
KLA CorporationKLAC	IQSU +0.28 points	0.55%	0.27%
NextEra Energy, Inc.NEE	IQSU +0.28 points	0.55%	0.27%
QUALCOMM IncorporatedQCOM	IQSU +0.28 points	0.54%	0.26%
Analog Devices, Inc.ADI	IQSU +0.27 points	0.53%	0.26%
American Express CompanyAXP	IQSU +0.27 points	0.52%	0.25%
Amphenol Corporation Class AAPH	IQSU +0.27 points	0.54%	0.27%
Welltower Inc.WELL	IQSU +0.26 points	0.52%	0.26%
AT&T IncT	IQSU +0.23 points	0.45%	0.22%
Salesforce, Inc.CRM	IQSU +0.23 points	0.49%	0.26%
Charles Schwab CorpSCHW	IQSU +0.22 points	0.44%	0.22%
Intuitive Surgical, Inc.ISRG	IQSU +0.22 points	0.46%	0.24%
Vertex Pharmaceuticals IncorporatedVRTX	IQSU +0.19 points	0.40%	0.21%
Newmont CorporationNEM	IQSU +0.20 points	0.39%	0.19%
Progressive CorporationPGR	IQSU +0.19 points	0.39%	0.20%
Thermo Fisher Scientific Inc.TMO	SCHX +0.19 points	0.19%	0.38%
Marvell Technology, Inc.MRVL	IQSU +0.19 points	0.37%	0.18%
Lowe's Companies, Inc.LOW	IQSU +0.18 points	0.37%	0.19%
S&P Global, Inc.SPGI	IQSU +0.18 points	0.39%	0.21%
McKesson CorporationMCK	IQSU +0.19 points	0.37%	0.18%
Bristol-Myers Squibb CompanyBMY	IQSU +0.18 points	0.37%	0.19%
Marathon Petroleum CorporationMPC	IQSU +0.17 points	0.33%	0.16%
Prologis, Inc.PLD	IQSU +0.18 points	0.36%	0.18%
Capital One Financial CorpCOF	IQSU +0.18 points	0.36%	0.18%
Seagate Technology Holdings PLCSTX	IQSU +0.17 points	0.33%	0.16%
Automatic Data Processing, Inc.ADP	IQSU +0.17 points	0.35%	0.18%
Parker-Hannifin CorporationPH	IQSU +0.17 points	0.34%	0.17%
Valero Energy CorporationVLO	IQSU +0.17 points	0.32%	0.15%
Starbucks CorporationSBUX	IQSU +0.17 points	0.35%	0.18%
CME Group Inc. Class ACME	IQSU +0.17 points	0.33%	0.16%
Equinix, Inc.EQIX	IQSU +0.15 points	0.30%	0.15%
Waste Management, Inc.WM	IQSU +0.15 points	0.28%	0.13%
Bank of New York Mellon CorpBNY	IQSU +0.15 points	0.30%	0.15%
Marriott International, Inc. Class AMAR	IQSU +0.15 points	0.28%	0.13%
ServiceNow, Inc.NOW	IQSU +0.14 points	0.30%	0.16%
Freeport-McMoRan, Inc.FCX	IQSU +0.14 points	0.27%	0.13%
Marsh & McLennan Companies, Inc.MRSH	IQSU +0.14 points	0.29%	0.15%
Corning IncGLW	IQSU +0.14 points	0.27%	0.13%
Intercontinental Exchange, Inc.ICE	IQSU +0.14 points	0.28%	0.14%
Stryker CorporationSYK	IQSU +0.14 points	0.31%	0.17%
Dell Technologies, Inc. Class CDELL	IQSU +0.14 points	0.29%	0.15%
Western Digital CorporationWDC	IQSU +0.14 points	0.28%	0.14%
PNC Financial Services Group, Inc.PNC	IQSU +0.14 points	0.27%	0.13%
Snowflake, Inc.SNOW	IQSU +0.14 points	0.28%	0.14%
Trane Technologies plcTT	IQSU +0.14 points	0.27%	0.13%
Adobe Inc.ADBE	IQSU +0.14 points	0.28%	0.14%
American Tower CorporationAMT	IQSU +0.13 points	0.26%	0.13%
Illinois Tool Works Inc.ITW	IQSU +0.13 points	0.24%	0.11%
Mondelez International, Inc. Class AMDLZ	IQSU +0.13 points	0.26%	0.13%
Comcast Corporation Class ACMCSA	IQSU +0.13 points	0.26%	0.13%
Synopsys, Inc.SNPS	IQSU +0.13 points	0.26%	0.13%
U.S. BancorpUSB	IQSU +0.13 points	0.27%	0.14%
Travelers Companies, Inc.TRV	IQSU +0.13 points	0.25%	0.12%
Motorola Solutions, Inc.MSI	IQSU +0.12 points	0.25%	0.13%
Quanta Services, Inc.PWR	IQSU +0.13 points	0.25%	0.12%
Cadence Design Systems, Inc.CDNS	IQSU +0.13 points	0.26%	0.13%
Intuit Inc.INTU	IQSU +0.12 points	0.26%	0.14%
Hilton Worldwide Holdings Inc.HLT	IQSU +0.12 points	0.24%	0.12%
United Parcel Service, Inc. Class BUPS	IQSU +0.12 points	0.24%	0.12%
Colgate-Palmolive CompanyCL	IQSU +0.12 points	0.23%	0.11%
Cintas CorporationCTAS	IQSU +0.12 points	0.23%	0.11%
Fortinet, Inc.FTNT	IQSU +0.11 points	0.22%	0.11%
Sherwin-Williams CompanySHW	IQSU +0.11 points	0.23%	0.12%
Ecolab Inc.ECL	IQSU +0.11 points	0.22%	0.11%
Moody's CorporationMCO	IQSU +0.11 points	0.22%	0.11%
O'Reilly Automotive, Inc.ORLY	IQSU +0.11 points	0.22%	0.11%
Cigna GroupCI	IQSU +0.10 points	0.22%	0.12%
HCA Healthcare IncHCA	IQSU +0.11 points	0.22%	0.11%
T-Mobile US, Inc.TMUS	IQSU +0.11 points	0.23%	0.12%
Target CorporationTGT	IQSU +0.10 points	0.21%	0.11%
Hewlett Packard Enterprise Co.HPE	IQSU +0.10 points	0.19%	0.09%
Airbnb, Inc. Class AABNB	IQSU +0.10 points	0.22%	0.12%
United Rentals, Inc.URI	IQSU +0.10 points	0.20%	0.10%
FedEx CorporationFDX	IQSU +0.10 points	0.20%	0.10%

All 268 IQSU holdings⁠All 753 SCHX holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IQSU vs SCHX Cost

Overpaying IQSU vs SCHX

$1,260

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IQSU 0.09%
$1,898
SCHX 0.03%
$638

Amount$10,000

Years30 years

Cost over time

IQSU 0.09%
SCHX 0.03%
Overpaying

Year by year

Year	IQSU	SCHX	Overpaying
10	$165	$55	$110
20	$646	$216	$430
30	$1,898	$638	$1,260

Expense ratio

0.09%IQSU
0.03%SCHX, cheaper

SCHX0.03%IQSU0.09%

0.00%1.25%

Middle half of US Large-Cap funds
Median 0.20%

SCHX 3rd cheapest of 29 funds

IQSU 7th cheapest of 29 funds

IQSU vs SCHX Dividends

Last 12 months to Nov 9, 2026

Yield (12M): IQSU 0.92%; SCHX 1.05%, better
Payout (12M): IQSU $0.57; SCHX $0.31
Last payment: IQSU $0.12; SCHX $0.08
Ex-dividend: IQSU Sep 18, 2026; SCHX Sep 23, 2026
Paid on: IQSU Sep 22, 2026; SCHX Sep 28, 2026
Frequency: IQSU Quarterly; SCHX Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IQSUQuarterly · 28 paymentsAll IQSU payments⁠

SCHXQuarterly · 41 paymentsAll SCHX payments⁠

IQSU vs SCHX Risk

Fall from peak · 5 years

IQSU
SCHX

Risk facts

VolatilityStd dev, 3 years: IQSU 13.9%SCHX 12.5%, better
Return per unit of riskSharpe ratio, 3 years: IQSU 1.07SCHX 1.40, better
Worst fallMax drawdown, 5 years: IQSU −26.8%SCHX −25.4%, better
Market sensitivityBeta, 5 years: IQSU 1.07SCHX 1.01; Market = 1

IQSU and SCHX in the news

All news⁠

Head-to-Head
SCHX is the one fund, unless you want SCHG's growth bet
Nov 5, 2026SCHX
Category Review
Broad U.S. large-cap funds kept pace with the S&P 500 this year. The top 50 did not.
Updated Oct 16, 2026SCHX

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IQSU vs SCHX

In short

Stated mandate

Why people hold it

Worth knowing

How IQSU and SCHX differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IQSU

Only in SCHX

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

SCHX is the one fund, unless you want SCHG's growth bet

Broad U.S. large-cap funds kept pace with the S&P 500 this year. The top 50 did not.

How IQSU and SCHX differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IQSU

Only in SCHX

Weight gaps