QQMG vs SCHD
Invesco ESG NASDAQ 100 ETF vs Schwab US Dividend Equity ETF
Which is better, QQMG or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. QQMG led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 50.1%.
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 | QQMG | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $197M | $112.1B |
| Dividend Yield | 0.36% | 3.00% |
| Holdings | 91 | 103 |
| YTD Return | +16.29% | +24.04%Best |
| 1Y Return | +22.00% | +27.95%Best |
| 3Y Return (annualized) | +25.87%Best | +15.51% |
| 5Y Return (annualized) | +15.18%Best | +9.80% |
| Volatility (annualized) | 21.3% | 14.9%Best |
| Max Drawdown | -35.4% | -16.9%Best |
| $10,000 over 5 years | $20,271Best | $15,959 |
| Top 10 Weight | 50.1% | 41.8%Best |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Oct 27, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 28, 2021 to Sep 16, 2026 (4.9 years).
QQMG 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 4.9 years both funds cover.
QQMG vs SCHD Performance
Invesco ESG NASDAQ 100 ETF (QQMG) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year QQMG returned +22.00% while SCHD returned +27.95%. Year to date, QQMG is up 16.29% versus a gain of 24.04% for SCHD.
Over three years, QQMG compounded at +25.87% per year against +15.51% for SCHD; over five years the annualized figures are +15.18% and +9.80% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQMG has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 14.9% 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 -35.4% for QQMG and -16.9% 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 0.43. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQMG charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, QQMG currently yields 0.36% against 3.00% for SCHD.
Holdings Overlap
4.8% of QQMG's money is in holdings SCHD also owns. 21.5% of SCHD's money is in holdings QQMG also owns.
SCHD and QQMG share little of their money.
8 positions in common, counted across the 89 positions we hold weights for in QQMG and 100 in SCHD, against full books of 91 and 103.
What only one of them owns
Our book lists 91 positions for SCHD that do not appear in our book for QQMG (78.5% of the fund), and 74 for QQMG that do not appear in SCHD (88.5%).
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 QQMG | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 0.91% | 4.70% | 3.79% |
| PEPPepsico Inc. | 0.77% | 3.64% | 2.87% |
| TXNTexas Instrument Inc | 0.86% | 3.13% | 2.27% |
| ADPAutomatic Data Processing, Inc. | 0.58% | 2.79% | 2.21% |
| QCOMQualcomm Inc. | 0.84% | 2.52% | 1.68% |
| CMCSAComcast Corp-class A Cmcsa | 0.36% | 2.31% | 1.95% |
| FASTFastenal Co. | 0.26% | 1.38% | 1.12% |
| PAYXPaychex, Inc. | 0.20% | 1.00% | 0.80% |
21.5% of SCHD is already inside QQMG.
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, QQMG or SCHD?
QQMG has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, QQMG or SCHD?
Over the past year QQMG returned +22.00% vs +27.95% 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, QQMG or SCHD?
QQMG has been the more volatile fund at 21.3% annualized versus 14.9% for SCHD. Worst drawdown: QQMG -35.4% vs SCHD -16.9%.
Should I hold both QQMG and SCHD?
QQMG and SCHD have a monthly-return correlation of 0.43, 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 QQMG and SCHD?
21.5% of SCHD's money is in holdings QQMG also owns. 21.5% of SCHD's is in holdings QQMG also owns. They hold 8 positions in common, counted across the 89 positions we hold weights for in QQMG and 100 in SCHD.
Which pays a higher dividend, QQMG or SCHD?
QQMG yields 0.36% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than QQMG?
SCHD has a lower expense ratio. QQMG led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 50.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.