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 106 holdings.
Side-by-Side Comparison
| Metric | QEW | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.06% | |
| AUM | $21M | $112.2B | |
| Dividend Yield | 0.11% | 3.13% | |
| Holdings | 106 | 103 | |
| YTD Return | +19.80% | +27.60% | |
| 1Y Return | - | +29.63% | |
| 3Y Return (annualized) | - | +16.43% | |
| 5Y Return (annualized) | - | +10.05% | |
| 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 19.80% versus a gain of 27.60% 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 3.13% for SCHD.
Holdings Overlap
QEW and SCHD share 8 holdings out of 196 unique holdings combined, representing a 7.8% 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 7.8% weight overlap. Combined, they hold 196 unique securities.
Which pays a higher dividend, QEW or SCHD?
QEW yields 0.11% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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