QQQJ vs SCHD
Invesco NASDAQ Next Gen 100 ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. QQQJ delivered stronger 1-year returns. QQQJ offers more diversification with 107 holdings.
Side-by-Side Comparison
| Metric | QQQJ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.06% | |
| AUM | $1.2B | $108.7B | |
| Dividend Yield | 0.56% | 3.13% | |
| Holdings | 107 | 104 | |
| YTD Return | +21.72% | +27.67% | |
| 1Y Return | +34.80% | +31.26% | |
| 3Y Return (annualized) | +22.50% | +16.66% | |
| 5Y Return (annualized) | +7.40% | +10.18% | |
| Volatility (annualized) | 19.6% | 13.6% | |
| Max Drawdown | -39.6% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 13, 2020 | Oct 20, 2011 |
QQQJ vs SCHD Performance
Invesco NASDAQ Next Gen 100 ETF (QQQJ) 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 QQQJ returned +34.80% while SCHD returned +31.26%. Year to date, QQQJ is up 21.72% versus a gain of 27.67% for SCHD.
Over three years, QQQJ compounded at +22.50% per year against +16.66% for SCHD; over five years the annualized figures are +7.40% and +10.18% respectively. Across the full 6-year window we track, SCHD has the edge at +11.57% annualized vs +10.30%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQJ has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 13.6% 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 -39.6% for QQQJ 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQJ charges 0.15% per year while SCHD charges 0.06%. On a $10,000 position that is $15 vs $6 annually, a gap of $9 per year that compounds over a long holding period. On income, QQQJ currently yields 0.56% against 3.13% for SCHD.
Holdings Overlap
QQQJ and SCHD share 1 holdings out of 204 unique holdings combined, representing a 0.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQJ | Weight in SCHD | Difference |
|---|---|---|---|
| KMB | 1.82% | 0.91% | 0.91% |
Frequently Asked Questions
Which is cheaper, QQQJ or SCHD?
QQQJ has an expense ratio of 0.15% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
Which performed better, QQQJ or SCHD?
Over the past year QQQJ returned +34.80% vs +31.26% for SCHD, so QQQJ leads on 1-year performance. Over the longest common window we track (6 years), QQQJ annualized +10.30% vs +11.57% for SCHD. Past performance does not guarantee future results.
Which is riskier, QQQJ or SCHD?
QQQJ has been the more volatile fund at 19.6% annualized versus 13.6% for SCHD. Worst drawdown: QQQJ -39.6% vs SCHD -33.4%.
Should I hold both QQQJ and SCHD?
QQQJ and SCHD have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQJ and SCHD?
QQQJ and SCHD share 1 common holdings with a 0.9% weight overlap. Combined, they hold 204 unique securities.
Which pays a higher dividend, QQQJ or SCHD?
QQQJ yields 0.56% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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