IQQQ vs SCHD
Proshares Nasdaq-100 High Income ETF vs Schwab US Dividend Equity ETF
Which is better, IQQQ or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. IQQQ led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 48.0%.
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 | IQQQ | SCHD |
|---|---|---|
| Expense Ratio | 0.55% | 0.06%Best |
| AUM | $401M | $112.1B |
| Dividend Yield | 5.73% | 3.00% |
| Holdings | 108 | 103 |
| YTD Return | +13.72% | +25.88%Best |
| 1Y Return | +18.00% | +30.22%Best |
| 3Y Return (annualized) | - | +16.05% |
| 5Y Return (annualized) | - | +10.17% |
| Volatility (annualized) | 16.8% | 13.1%Best |
| Max Drawdown | -21.5% | -16.1%Best |
| $10,000 over 2.5 years | $14,886Best | $14,161 |
| Top 10 Weight | 48.0% | 41.8%Best |
| Fund Family | ProShares | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Mar 18, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 20, 2024 to Sep 14, 2026 (2.5 years).
IQQQ 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 2.5 years both funds cover.
IQQQ vs SCHD Performance
Proshares Nasdaq-100 High Income ETF (IQQQ) is an ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year IQQQ returned +18.00% while SCHD returned +30.22%. Year to date, IQQQ is up 13.72% versus a gain of 25.88% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IQQQ has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 13.1% 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 -16.1% 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 0.16. They move largely independently of each other.
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 5.73% against 3.00% for SCHD.
Holdings Overlap
4.3% of IQQQ's money is in holdings SCHD also owns. 21.5% of SCHD's money is in holdings IQQQ also owns.
SCHD and IQQQ share little of their money.
8 positions in common, counted across the 103 positions we hold weights for in IQQQ and 100 in SCHD, against full books of 108 and 103.
What only one of them owns
Our book lists 91 positions for SCHD that do not appear in our book for IQQQ (78.5% of the fund), and 88 for IQQQ that do not appear in SCHD (89.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IQQQ | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 0.87% | 4.70% | 3.83% |
| PEPPepsico Inc. | 0.72% | 3.64% | 2.92% |
| TXNTexas Instrument Inc | 0.89% | 3.13% | 2.24% |
| ADPAutomatic Data Processing, Inc. | 0.43% | 2.79% | 2.36% |
| QCOMQualcomm Inc. | 0.67% | 2.52% | 1.85% |
| CMCSAComcast Corp-class A Cmcsa | 0.35% | 2.31% | 1.96% |
| FASTFastenal Co. | 0.21% | 1.38% | 1.17% |
| PAYXPaychex, Inc. | 0.17% | 1.00% | 0.83% |
21.5% of SCHD is already inside IQQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $49 a year on a $10,000 investment.
Which performed better, IQQQ or SCHD?
Over the past year IQQQ returned +18.00% vs +30.22% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IQQQ or SCHD?
IQQQ has been the more volatile fund at 16.8% annualized versus 13.1% for SCHD. Worst drawdown: IQQQ -21.5% vs SCHD -16.1%.
Should I hold both IQQQ and SCHD?
IQQQ and SCHD have a monthly-return correlation of 0.16, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IQQQ and SCHD?
21.5% of SCHD's money is in holdings IQQQ also owns. 21.5% of SCHD's is in holdings IQQQ also owns. They hold 8 positions in common, counted across the 103 positions we hold weights for in IQQQ and 100 in SCHD.
Which pays a higher dividend, IQQQ or SCHD?
IQQQ yields 5.73% while SCHD yields 3.00%, so IQQQ currently pays the higher dividend yield.
Is SCHD better than IQQQ?
SCHD has a lower expense ratio. IQQQ led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 48.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.