QQXL vs SCHD
ProShares Ultra QQQ Top 30 vs Schwab US Dividend Equity ETF
Which is better, QQXL or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. QQXL led over 1Y 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 | QQXL | SCHD |
|---|---|---|
| Expense Ratio | 0.95% | 0.06%Best |
| AUM | $5M | $112.1B |
| Dividend Yield | 0.80% | 3.00% |
| Holdings | 35 | 103 |
| YTD Return | +25.43% | +25.84%Best |
| 1Y Return | +30.20%Best | +30.18% |
| 3Y Return (annualized) | - | +16.08% |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 48.6% | 13.0%Best |
| Max Drawdown | -27.3% | -4.6%Best |
| $10,000 over 1.1 years | $13,612Best | $13,073 |
| Fund Family | ProShares | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Aug 13, 2025 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 15, 2025 to Sep 15, 2026 (1.1 years).
QQXL 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 1.1 years both funds cover.
QQXL vs SCHD Performance
ProShares Ultra QQQ Top 30 (QQXL) is an ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year QQXL returned +30.20% while SCHD returned +30.18%. Year to date, QQXL is up 25.43% versus a gain of 25.84% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQXL has been the more volatile fund, with annualized monthly volatility of 48.6% compared with 13.0% 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 -27.3% for QQXL and -4.6% 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 0.00. They move largely independently of each other.
Fees and Cost Over Time
QQXL charges 0.95% per year while SCHD charges 0.06%. On a $10,000 position that is $95 vs $6 annually, a gap of $89 per year that compounds over a long holding period. On income, QQXL currently yields 0.80% against 3.00% for SCHD.
Holdings Overlap
At least 9.3% of SCHD's money is in holdings QQXL also owns.
Stated as a floor: for QQXL, our book for it covers 11.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and QQXL share little of their money.
3 positions in common, counted across the 31 positions we hold weights for in QQXL and 100 in SCHD, against full books of 35 and 103.
You are not choosing between two funds in isolation.
Whichever of QQXL 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, QQXL or SCHD?
QQXL has an expense ratio of 0.95% while SCHD charges 0.06%. SCHD is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, QQXL or SCHD?
Over the past year QQXL returned +30.20% vs +30.18% for SCHD, so QQXL leads on 1-year performance. Over the longest common window we track (1 years), QQXL annualized +32.36% vs +27.58% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQXL or SCHD?
QQXL has been the more volatile fund at 48.6% annualized versus 13.0% for SCHD. Worst drawdown: QQXL -27.3% vs SCHD -4.6%.
Should I hold both QQXL and SCHD?
QQXL and SCHD have a monthly-return correlation of 0.00, 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 QQXL and SCHD?
At least 9.3% of SCHD's money is in holdings QQXL also owns. Our book for QQXL is partial, so the real figure is this or higher. They hold 3 positions in common, counted across the 31 positions we hold weights for in QQXL and 100 in SCHD.
Which pays a higher dividend, QQXL or SCHD?
QQXL yields 0.80% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than QQXL?
SCHD has a lower expense ratio. QQXL led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.