QQQI vs SCHD
NEOS Nasdaq-100 High Income ETF vs Schwab US Dividend Equity ETF
Which is better, QQQI or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. QQQI led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 46.0%.
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 | QQQI | SCHD |
|---|---|---|
| Expense Ratio | 0.68% | 0.06%Best |
| AUM | $14.1B | $112.1B |
| Dividend Yield | 14.01% | 3.00% |
| Holdings | 106 | 103 |
| YTD Return | +10.51% | +24.59%Best |
| 1Y Return | +16.35% | +28.14%Best |
| 3Y Return (annualized) | - | +15.58% |
| 5Y Return (annualized) | - | +9.90% |
| Volatility (annualized) | 12.6%Best | 13.0% |
| Max Drawdown | -20.0% | -16.1%Best |
| $10,000 over 2.6 years | $15,463Best | $14,450 |
| Top 10 Weight | 46.0% | 41.8%Best |
| Fund Family | NEOS | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 30, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 30, 2024 to Sep 10, 2026 (2.6 years).
QQQI 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 2.6 years both funds cover.
QQQI vs SCHD Performance
NEOS Nasdaq-100 High Income ETF (QQQI) is an ETF from NEOS and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year QQQI returned +16.35% while SCHD returned +28.14%. Year to date, QQQI is up 10.51% versus a gain of 24.59% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 12.6% for QQQI. 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 -20.0% for QQQI and -16.1% 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 0.13. They move largely independently of each other.
Fees and Cost Over Time
QQQI charges 0.68% per year while SCHD charges 0.06%. On a $10,000 position that is $68 vs $6 annually, a gap of $62 per year that compounds over a long holding period. On income, QQQI currently yields 14.01% against 3.00% for SCHD.
Holdings Overlap
5.0% of QQQI's money is in holdings SCHD also owns. 21.5% of SCHD's money is in holdings QQQI also owns.
SCHD and QQQI share little of their money.
8 positions in common, counted across the 102 positions we hold weights for in QQQI 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 QQQI (78.5% of the fund), and 87 for QQQI that do not appear in SCHD (92.7%).
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 QQQI | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 0.97% | 4.70% | 3.73% |
| PEPPepsico Inc. | 0.84% | 3.64% | 2.80% |
| TXNTexas Instruments, Inc | 1.11% | 3.13% | 2.02% |
| QCOMQualcomm Inc. | 0.76% | 2.52% | 1.76% |
| ADPAutomatic Data Processing, Inc. | 0.48% | 2.79% | 2.31% |
| CMCSAComcast Corp. Class A | 0.40% | 2.31% | 1.91% |
| FASTFastenal Co. | 0.25% | 1.38% | 1.13% |
| PAYXPaychex, Inc. | 0.19% | 1.00% | 0.81% |
21.5% of SCHD is already inside QQQI.
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, QQQI or SCHD?
QQQI has an expense ratio of 0.68% while SCHD charges 0.06%. SCHD is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, QQQI or SCHD?
Over the past year QQQI returned +16.35% vs +28.14% 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, QQQI or SCHD?
SCHD has been the more volatile fund at 13.0% annualized versus 12.6% for QQQI. Worst drawdown: QQQI -20.0% vs SCHD -16.1%.
Should I hold both QQQI and SCHD?
QQQI and SCHD have a monthly-return correlation of 0.13, 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 QQQI and SCHD?
21.5% of SCHD's money is in holdings QQQI also owns. 21.5% of SCHD's is in holdings QQQI also owns. They hold 8 positions in common, counted across the 102 positions we hold weights for in QQQI and 100 in SCHD.
Which pays a higher dividend, QQQI or SCHD?
QQQI yields 14.01% while SCHD yields 3.00%, so QQQI currently pays the higher dividend yield.
Is SCHD better than QQQI?
SCHD has a lower expense ratio. QQQI led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 46.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.