CQQQ vs SCHD
Invesco China Technology ETF vs Schwab US Dividend Equity ETF
Which is better, CQQQ or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | CQQQ | SCHD |
|---|---|---|
| Expense Ratio | 0.65% | 0.06%Best |
| AUM | $3.0B | $112.1B |
| Dividend Yield | 2.28% | 3.00% |
| Holdings | 185 | 103 |
| YTD Return | -15.28% | +24.59%Best |
| 1Y Return | -9.94% | +28.14%Best |
| 3Y Return (annualized) | +6.70% | +15.58%Best |
| 5Y Return (annualized) | -7.95% | +9.90%Best |
| Volatility (annualized) | 28.0% | 13.6%Best |
| Max Drawdown | -74.0% | -33.4%Best |
| $10,000 over 5 years | $6,609 | $16,032Best |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Dec 8, 2009 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 10, 2026 (14.9 years).
CQQQ vs SCHD 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 14.9 years both funds cover.
CQQQ vs SCHD Performance
Invesco China Technology ETF (CQQQ) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CQQQ returned -9.94% while SCHD returned +28.14%. Year to date, CQQQ is down 15.28% versus a gain of 24.59% for SCHD.
Over three years, CQQQ compounded at +6.70% per year against +15.58% for SCHD; over five years the annualized figures are -7.95% and +9.90% respectively. Across the full 15-year window we track, SCHD has the edge at +11.34% annualized vs +6.23%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CQQQ has been the more volatile fund, with annualized monthly volatility of 28.0% 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 -74.0% for CQQQ and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.33. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CQQQ charges 0.65% per year while SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, CQQQ currently yields 2.28% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 175 holdings in CQQQ and 100 in SCHD, totalling 93.8% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 62 days apart, CQQQ as of Jun 30, 2026 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 175 positions we hold weights for in CQQQ and 100 in SCHD, against full books of 185 and 103.
You are not choosing between two funds in isolation.
Whichever of CQQQ and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CQQQ or SCHD?
CQQQ has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, CQQQ or SCHD?
Over the past year CQQQ returned -9.94% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), CQQQ annualized +6.23% vs +11.34% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CQQQ or SCHD?
CQQQ has been the more volatile fund at 28.0% annualized versus 13.6% for SCHD. Worst drawdown: CQQQ -74.0% vs SCHD -33.4%.
Should I hold both CQQQ and SCHD?
CQQQ and SCHD have a monthly-return correlation of 0.33, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CQQQ or SCHD?
CQQQ yields 2.28% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CQQQ?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.