QQA vs SCHD
QQA vs SCHD
Invesco QQQ Income Advantage ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. QQA offers more diversification with 112 holdings.
Side-by-Side Comparison
| Metric | QQA | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.06% | |
| AUM | $778M | $103.7B | |
| Dividend Yield | 9.53% | 3.31% | |
| Holdings | 122 | 104 | |
| YTD Return | +13.67% | +24.26% | |
| 1Y Return | +22.80% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 12.9% | 13.6% | |
| Max Drawdown | -19.7% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 17, 2024 | Oct 20, 2011 |
QQA vs SCHD Performance
Invesco QQQ Income Advantage ETF (QQA) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year QQA returned +22.80% while SCHD returned +31.38%. Year to date, QQA is up 13.67% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.9% for QQA. 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 -19.7% for QQA and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.11. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQA charges 0.29% per year while SCHD charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, QQA currently yields 9.53% against 3.31% for SCHD.
Holdings Overlap
QQA and SCHD share 8 holdings out of 204 unique holdings combined, representing a 3.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQA | Weight in SCHD | Difference |
|---|---|---|---|
| AMGN | 0.66% | 4.25% | 3.59% |
| TXN | 0.89% | 3.70% | 2.81% |
| PEP | 0.65% | 3.72% | 3.07% |
| QCOM | Pro | Pro | Pro |
| ADP | Pro | Pro | Pro |
| CMCSA | Pro | Pro | Pro |
| FAST | Pro | Pro | Pro |
| PAYX | Pro | Pro | Pro |
See all 8 holdings QQA shares with SCHD Exact weights in each fund and the difference, for every overlapping position. X-ray my whole portfolio$99/yr Pro · 7-day refund | |||
Frequently Asked Questions
Which is cheaper, QQA or SCHD?
QQA has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $23 per year of difference.
Which performed better, QQA or SCHD?
Over the past year QQA returned +22.80% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), QQA annualized +19.32% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, QQA or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.9% for QQA. Worst drawdown: QQA -19.7% vs SCHD -33.4%.
Should I hold both QQA and SCHD?
QQA and SCHD have a monthly-return correlation of 0.11, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQA and SCHD?
QQA and SCHD share 8 common holdings with a 3.8% weight overlap. Combined, they hold 204 unique securities.
Which pays a higher dividend, QQA or SCHD?
QQA yields 9.53% while SCHD yields 3.31%, so QQA currently pays the higher dividend yield.
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