IQQQ vs SCHD
IQQQ vs SCHD
Proshares Nasdaq-100 High Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IQQQ offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | IQQQ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.06% | |
| AUM | $391M | $103.7B | |
| Dividend Yield | 4.47% | 3.31% | |
| Holdings | 108 | 104 | |
| YTD Return | +15.08% | +24.08% | |
| 1Y Return | +25.63% | +31.88% | |
| 3Y Return (annualized) | - | +14.92% | |
| 5Y Return (annualized) | - | +9.85% | |
| Volatility (annualized) | 16.9% | 13.6% | |
| Max Drawdown | -21.5% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Mar 18, 2024 | Oct 20, 2011 |
IQQQ vs SCHD Performance
Proshares Nasdaq-100 High Income ETF (IQQQ) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IQQQ returned +25.63% while SCHD returned +31.88%. Year to date, IQQQ is up 15.08% versus a gain of 24.08% for SCHD.
Risk: Volatility and Drawdowns
IQQQ has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 13.6% for SCHD. 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 -21.5% for IQQQ and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.14. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IQQQ charges 0.55% per year while SCHD charges 0.06%. On a $10,000 position that is $55 vs $6 annually, a gap of $49 per year that compounds over a long holding period. On income, IQQQ currently yields 4.47% against 3.31% for SCHD.
Holdings Overlap
IQQQ and SCHD share 8 holdings out of 196 unique holdings combined, representing a 4.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IQQQ | Weight in SCHD | Difference |
|---|---|---|---|
| AMGN | 0.73% | 4.25% | 3.52% |
| TXN | 1.02% | 3.70% | 2.68% |
| PEP | 0.72% | 3.72% | 3.00% |
| QCOM | Pro | Pro | Pro |
| ADP | Pro | Pro | Pro |
| CMCSA | Pro | Pro | Pro |
| FAST | Pro | Pro | Pro |
| PAYX | Pro | Pro | Pro |
See all 8 holdings IQQQ shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IQQQ or SCHD?
IQQQ has an expense ratio of 0.55% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $49 per year of difference.
Which performed better, IQQQ or SCHD?
Over the past year IQQQ returned +25.63% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), IQQQ annualized +18.73% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, IQQQ or SCHD?
IQQQ has been the more volatile fund at 16.9% annualized versus 13.6% for SCHD. Worst drawdown: IQQQ -21.5% vs SCHD -33.4%.
Should I hold both IQQQ and SCHD?
IQQQ and SCHD have a monthly-return correlation of 0.14, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IQQQ and SCHD?
IQQQ and SCHD share 8 common holdings with a 4.2% weight overlap. Combined, they hold 196 unique securities.
Which pays a higher dividend, IQQQ or SCHD?
IQQQ yields 4.47% while SCHD yields 3.31%, so IQQQ currently pays the higher dividend yield.
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