SCHD vs TQQQ
Schwab US Dividend Equity ETF vs ProShares UltraPro QQQ
Which is better, SCHD or TQQQ?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. TQQQ 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 | SCHD | TQQQ |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.82% |
| AUM | $112.2B | $36.1B |
| Dividend Yield | 3.13% | 0.58% |
| Holdings | 103 | 128 |
| YTD Return | +27.56% | +38.79%Best |
| 1Y Return | +30.29% | +59.18%Best |
| 3Y Return (annualized) | +16.37% | +52.33%Best |
| 5Y Return (annualized) | +10.23% | +14.87%Best |
| Volatility (annualized) | 13.6%Best | 54.4% |
| Max Drawdown | -33.4%Best | -81.7% |
| $10,000 over 5 years | $16,274 | $20,000Best |
| Fund Family | Charles Schwab Asset Management | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Feb 9, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
SCHD vs TQQQ 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.
SCHD vs TQQQ Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and ProShares UltraPro QQQ (TQQQ) is an ETF from ProShares. Over the past year SCHD returned +30.29% while TQQQ returned +59.18%. Year to date, SCHD is up 27.56% versus a gain of 38.79% for TQQQ.
Over three years, SCHD compounded at +16.37% per year against +52.33% for TQQQ; over five years the annualized figures are +10.23% and +14.87% respectively. Across the full 15-year window we track, TQQQ has the edge at +42.79% annualized vs +11.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TQQQ has been the more volatile fund, with annualized monthly volatility of 54.4% 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 -33.4% for SCHD and -81.7% for TQQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while TQQQ charges 0.82%. On a $10,000 position that is $6 vs $82 annually, a gap of $76 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 0.58% for TQQQ.
Holdings Overlap
At least 18.1% of SCHD's money is in holdings TQQQ also owns.
Stated as a floor: for TQQQ, our book for it covers 52.0% 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 TQQQ share little of their money.
7 positions in common, counted across the 100 positions we hold weights for in SCHD and 101 in TQQQ, against full books of 103 and 128.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in TQQQ | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 4.62% | 0.36% | 4.26% |
| TXNTexas Instrument Inc | 3.53% | 0.42% | 3.11% |
| ADPAutomatic Data Processing, Inc. | 2.72% | 0.18% | 2.54% |
| QCOMQualcomm Inc. | 2.55% | 0.27% | 2.28% |
| CMCSAComcast Corp-class A Cmcsa | 2.26% | 0.15% | 2.11% |
| FASTFastenal Co. | 1.49% | 0.09% | 1.40% |
| PAYXPaychex, Inc. | 0.97% | 0.07% | 0.90% |
You are not choosing between two funds in isolation.
Whichever of SCHD and TQQQ 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, SCHD or TQQQ?
SCHD has an expense ratio of 0.06% while TQQQ charges 0.82%. SCHD is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, SCHD or TQQQ?
Over the past year SCHD returned +30.29% vs +59.18% for TQQQ, so TQQQ leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.53% vs +42.79% for TQQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TQQQ?
TQQQ has been the more volatile fund at 54.4% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TQQQ -81.7%.
Should I hold both SCHD and TQQQ?
SCHD and TQQQ have a monthly-return correlation of 0.64, 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 SCHD and TQQQ?
At least 18.1% of SCHD's money is in holdings TQQQ also owns. Our book for TQQQ is partial, so the real figure is this or higher. They hold 7 positions in common, counted across the 100 positions we hold weights for in SCHD and 101 in TQQQ.
Which pays a higher dividend, SCHD or TQQQ?
SCHD yields 3.13% while TQQQ yields 0.58%, so SCHD currently pays the higher dividend yield.
Is TQQQ better than SCHD?
SCHD has a lower expense ratio. TQQQ 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.