QEW vs SCHD
Invesco QQQ Equal Weight ETF vs Schwab US Dividend Equity ETF
Which is better, QEW or SCHD?
SCHD costs less.
SCHD has a lower expense ratio. QEW is less concentrated, with 13.1% of the fund in its ten largest positions against 41.8%.
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 | QEW | SCHD |
|---|---|---|
| Expense Ratio | 0.25% | 0.06%Best |
| AUM | $21M | $112.1B |
| Dividend Yield | 0.11% | 3.00% |
| Holdings | 106 | 103 |
| YTD Return | +21.68% | +23.68%Best |
| 1Y Return | - | +28.36% |
| 3Y Return (annualized) | - | +16.20% |
| 5Y Return (annualized) | - | +10.07% |
| Top 10 Weight | 13.1%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Mar 18, 2026 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QEW 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QEW vs SCHD Performance
Invesco QQQ Equal Weight ETF (QEW) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, QEW is up 21.68% versus a gain of 23.68% for SCHD.
Past performance does not guarantee future results.
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 3.00% for SCHD.
Holdings Overlap
8.5% of QEW's money is in holdings SCHD also owns. 21.5% of SCHD's money is in holdings QEW also owns.
SCHD and QEW share little of their money.
8 positions in common, counted across the 103 positions we hold weights for in QEW and 100 in SCHD, against full books of 106 and 103.
What only one of them owns
Our book lists 91 positions for SCHD that do not appear in our book for QEW (78.5% of the fund), and 89 for QEW that do not appear in SCHD (85.5%).
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 QEW | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 1.27% | 4.70% | 3.43% |
| PEPPepsico Inc. | 0.96% | 3.64% | 2.68% |
| ADPAutomatic Data Processing, Inc. | 1.27% | 2.79% | 1.52% |
| TXNTexas Instrument Inc | 0.84% | 3.13% | 2.29% |
| CMCSAComcast Corp-class A Cmcsa | 1.06% | 2.31% | 1.25% |
| QCOMQualcomm Inc. | 0.67% | 2.52% | 1.85% |
| FASTFastenal Co. | 1.10% | 1.38% | 0.28% |
| PAYXPaychex, Inc. | 1.30% | 1.00% | 0.30% |
21.5% of SCHD is already inside QEW.
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, QEW or SCHD?
QEW has an expense ratio of 0.25% while SCHD charges 0.06%. SCHD is the cheaper option, by $19 a year on a $10,000 investment.
What is the holdings overlap between QEW and SCHD?
21.5% of SCHD's money is in holdings QEW also owns. 21.5% of SCHD's is in holdings QEW also owns. They hold 8 positions in common, counted across the 103 positions we hold weights for in QEW and 100 in SCHD.
Which pays a higher dividend, QEW or SCHD?
QEW yields 0.11% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than QEW?
SCHD has a lower expense ratio. QEW is less concentrated, with 13.1% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.