QQQJ vs SCHD
Invesco NASDAQ Next Gen 100 ETF vs Schwab US Dividend Equity ETF
Which is better, QQQJ or SCHD?
Mid Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. QQQJ led over 3Y, SCHD over 1Y, 5Y and the full window. QQQJ is less concentrated, with 19.6% of the fund in its ten largest positions against 41.8%.
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 | QQQJ | SCHD |
|---|---|---|
| Expense Ratio | 0.15% | 0.06%Best |
| AUM | $1.2B | $112.1B |
| Dividend Yield | 0.54% | 3.00% |
| Holdings | 107 | 103 |
| YTD Return | +18.44% | +25.88%Best |
| 1Y Return | +25.06% | +30.22%Best |
| 3Y Return (annualized) | +21.67%Best | +16.05% |
| 5Y Return (annualized) | +6.17% | +10.17%Best |
| Volatility (annualized) | 19.5% | 15.2%Best |
| Max Drawdown | -39.6% | -16.9%Best |
| $10,000 over 5 years | $13,490 | $16,230Best |
| Top 10 Weight | 19.6%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Oct 13, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 13, 2020 to Sep 14, 2026 (5.9 years).
QQQJ 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 5.9 years both funds cover.
QQQJ vs SCHD Performance
Invesco NASDAQ Next Gen 100 ETF (QQQJ) 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 QQQJ returned +25.06% while SCHD returned +30.22%. Year to date, QQQJ is up 18.44% versus a gain of 25.88% for SCHD.
Over three years, QQQJ compounded at +21.67% per year against +16.05% for SCHD; over five years the annualized figures are +6.17% and +10.17% respectively. Across the full 6-year window we track, SCHD has the edge at +13.72% annualized vs +9.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQJ has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 15.2% 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 -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 0.65. They move together some of the time, and apart the rest.
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 0.54% against 3.00% for SCHD.
Holdings Overlap
1.8% of QQQJ's money is in holdings SCHD also owns. 0.9% of SCHD's money is in holdings QQQJ also owns.
QQQJ and SCHD share little of their money.
1 positions in common, counted across the 106 positions we hold weights for in QQQJ and 100 in SCHD, against full books of 107 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for QQQJ (99.1% of the fund), and 87 for QQQJ that do not appear in SCHD (81.0%).
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 QQQJ | Weight in SCHD | Difference |
|---|---|---|---|
| KMBKimberly-Clark Corp. | 1.76% | 0.87% | 0.89% |
You are not choosing between two funds in isolation.
Whichever of QQQJ and SCHD 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, QQQJ or SCHD?
QQQJ has an expense ratio of 0.15% while SCHD charges 0.06%. SCHD is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, QQQJ or SCHD?
Over the past year QQQJ returned +25.06% vs +30.22% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), QQQJ annualized +9.67% vs +13.72% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQJ or SCHD?
QQQJ has been the more volatile fund at 19.5% annualized versus 15.2% for SCHD. Worst drawdown: QQQJ -39.6% vs SCHD -16.9%.
Should I hold both QQQJ and SCHD?
QQQJ and SCHD have a monthly-return correlation of 0.65, 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 QQQJ and SCHD?
1.8% of QQQJ's money is in holdings SCHD also owns. 0.9% of SCHD's is in holdings QQQJ also owns. They hold 1 positions in common, counted across the 106 positions we hold weights for in QQQJ and 100 in SCHD.
Which pays a higher dividend, QQQJ or SCHD?
QQQJ yields 0.54% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than QQQJ?
SCHD has a lower expense ratio. QQQJ led over 3Y, SCHD over 1Y, 5Y and the full window. QQQJ is less concentrated, with 19.6% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.