QQQ vs SCHJ
Invesco QQQ Trust, Series 1 vs Schwab 1-5 Year Corporate Bond ETF
Which is better, QQQ or SCHJ?
Large Cap Growth against Short Term Bond.
SCHJ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | QQQ | SCHJ |
|---|---|---|
| Expense Ratio | 0.18% | 0.03%Best |
| AUM | $483.5B | $853M |
| Dividend Yield | 0.44% | 4.53% |
| Holdings | 107 | 3,273 |
| YTD Return | +15.21%Best | +0.30% |
| 1Y Return | +19.78%Best | +1.40% |
| 3Y Return (annualized) | +24.58%Best | +5.15% |
| 5Y Return (annualized) | +13.93%Best | +2.13% |
| Volatility (annualized) | 20.7% | 3.4%Best |
| Max Drawdown | -35.1% | -13.6%Best |
| $10,000 over 5 years | $19,195Best | $11,111 |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | Short Term Bond |
| Inception | Mar 10, 1999 | Oct 10, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 10, 2019 to Sep 16, 2026 (6.9 years).
QQQ vs SCHJ 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.
QQQ vs SCHJ Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Schwab 1-5 Year Corporate Bond ETF (SCHJ) is an ETF from Charles Schwab Asset Management. Over the past year QQQ returned +19.78% while SCHJ returned +1.40%. Year to date, QQQ is up 15.21% versus a gain of 0.30% for SCHJ.
Over three years, QQQ compounded at +24.58% per year against +5.15% for SCHJ; over five years the annualized figures are +13.93% and +2.13% respectively. Across the full 7-year window we track, QQQ has the edge at +21.49% annualized vs +1.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 3.4% for SCHJ. 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 -35.1% for QQQ and -13.6% for SCHJ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SCHJ charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 4.53% for SCHJ.
Holdings Overlap
At least 1.0% of QQQ's money is in holdings SCHJ also owns.
Stated as a floor: for SCHJ, our book for it covers 79.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and SCHJ share little of their money.
2 positions in common, counted across the 102 positions we hold weights for in QQQ and 2,695 in SCHJ, against full books of 107 and 3,273.
You are not choosing between two funds in isolation.
Whichever of QQQ and SCHJ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or SCHJ?
QQQ has an expense ratio of 0.18% while SCHJ charges 0.03%. SCHJ is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, QQQ or SCHJ?
Over the past year QQQ returned +19.78% vs +1.40% for SCHJ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), QQQ annualized +21.49% vs +1.97% for SCHJ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SCHJ?
QQQ has been the more volatile fund at 20.7% annualized versus 3.4% for SCHJ. Worst drawdown: QQQ -35.1% vs SCHJ -13.6%.
Should I hold both QQQ and SCHJ?
QQQ and SCHJ have a monthly-return correlation of 0.57, 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 QQQ and SCHJ?
At least 1.0% of QQQ's money is in holdings SCHJ also owns. Our book for SCHJ is partial, so the real figure is this or higher. They hold 2 positions in common, counted across the 102 positions we hold weights for in QQQ and 2,695 in SCHJ.
Which pays a higher dividend, QQQ or SCHJ?
QQQ yields 0.44% while SCHJ yields 4.53%, so SCHJ currently pays the higher dividend yield.
Is SCHJ better than QQQ?
SCHJ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.