QQQM vs SCHD
QQQM vs SCHD
Invesco NASDAQ 100 ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. QQQM offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQM | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.06% | |
| AUM | $96.5B | $103.7B | |
| Dividend Yield | 0.43% | 3.31% | |
| Holdings | 107 | 104 | |
| YTD Return | +16.86% | +23.53% | |
| 1Y Return | +26.65% | +30.95% | |
| 3Y Return (annualized) | +24.79% | +14.72% | |
| 5Y Return (annualized) | +14.96% | +9.56% | |
| Volatility (annualized) | 20.2% | 13.6% | |
| Max Drawdown | -35.0% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 13, 2020 | Oct 20, 2011 |
QQQM vs SCHD Performance
Invesco NASDAQ 100 ETF (QQQM) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year QQQM returned +26.65% while SCHD returned +30.95%. Year to date, QQQM is up 16.86% versus a gain of 23.53% for SCHD.
Over three years, QQQM compounded at +24.79% per year against +14.72% for SCHD; over five years the annualized figures are +14.96% and +9.56% respectively. Across the full 6-year window we track, QQQM has the edge at +17.20% annualized vs +11.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQM has been the more volatile fund, with annualized monthly volatility of 20.2% 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 -35.0% for QQQM 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 0.46. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQM charges 0.15% per year while SCHD charges 0.06%. On a $10,000 position that is $15 vs $6 annually, a gap of $9 per year that compounds over a long holding period. On income, QQQM currently yields 0.43% against 3.31% for SCHD.
Holdings Overlap
QQQM and SCHD share 8 holdings out of 195 unique holdings combined, representing a 4.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQM | Weight in SCHD | Difference |
|---|---|---|---|
| AMGN | 0.86% | 4.25% | 3.39% |
| TXN | 1.14% | 3.70% | 2.56% |
| PEP | 0.84% | 3.72% | 2.88% |
| QCOM | Pro | Pro | Pro |
| ADP | Pro | Pro | Pro |
| CMCSA | Pro | Pro | Pro |
| FAST | Pro | Pro | Pro |
| PAYX | Pro | Pro | Pro |
See all 8 holdings QQQM 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, QQQM or SCHD?
QQQM has an expense ratio of 0.15% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
Which performed better, QQQM or SCHD?
Over the past year QQQM returned +26.65% vs +30.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), QQQM annualized +17.20% vs +11.35% for SCHD. Past performance does not guarantee future results.
Which is riskier, QQQM or SCHD?
QQQM has been the more volatile fund at 20.2% annualized versus 13.6% for SCHD. Worst drawdown: QQQM -35.0% vs SCHD -33.4%.
Should I hold both QQQM and SCHD?
QQQM and SCHD have a monthly-return correlation of 0.46, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQM and SCHD?
QQQM and SCHD share 8 common holdings with a 4.9% weight overlap. Combined, they hold 195 unique securities.
Which pays a higher dividend, QQQM or SCHD?
QQQM yields 0.43% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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