QEW vs SCHD
Invesco QQQ Equal Weight ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. QEW offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | QEW | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.06% | |
| AUM | $20M | $103.7B | |
| Dividend Yield | 0.11% | 3.31% | |
| Holdings | 103 | 104 | |
| YTD Return | +22.24% | +25.62% | |
| 1Y Return | - | +32.62% | |
| 3Y Return (annualized) | - | +15.58% | |
| 5Y Return (annualized) | - | +9.63% | |
| Volatility (annualized) | - | 13.6% | |
| Max Drawdown | -5.9% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Mar 18, 2026 | Oct 20, 2011 |
QEW vs SCHD Performance
Invesco QQQ Equal Weight ETF (QEW) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Year to date, QEW is up 22.24% versus a gain of 25.62% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -5.9% for QEW and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
QEW charges 0.25% per year while SCHD charges 0.06%. On a $10,000 position that is $25 vs $6 annually, a gap of $19 per year that compounds over a long holding period. On income, QEW currently yields 0.11% against 3.31% for SCHD.
Holdings Overlap
QEW and SCHD share 8 holdings out of 196 unique holdings combined, representing a 8.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QEW or SCHD?
QEW has an expense ratio of 0.25% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $19 per year of difference.
What is the holdings overlap between QEW and SCHD?
QEW and SCHD share 8 common holdings with a 8.1% weight overlap. Combined, they hold 196 unique securities.
Which pays a higher dividend, QEW or SCHD?
QEW yields 0.11% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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