QQA vs SCHD
Invesco QQQ Income Advantage ETF vs Schwab US Dividend Equity ETF
Which is better, QQA or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. QQA led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 52.9%.
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 | QQA | SCHD |
|---|---|---|
| Expense Ratio | 0.29% | 0.06%Best |
| AUM | $937M | $111.6B |
| Dividend Yield | 9.80% | 3.24% |
| Holdings | 246 | 206 |
| YTD Return | +15.40% | +24.55%Best |
| 1Y Return | +17.73% | +29.85%Best |
| 3Y Return (annualized) | - | +16.64% |
| 5Y Return (annualized) | - | +9.54% |
| Volatility (annualized) | 12.5%Best | 13.7% |
| Max Drawdown | -19.7% | -16.1%Best |
| $10,000 over 2.2 years | $14,495Best | $13,249 |
| Top 10 Weight | 52.9% | 41.6%Best |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Jul 17, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 17, 2024 to Oct 14, 2026 (2.2 years).
QQA 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 2.2 years both funds cover.
QQA vs SCHD Performance
Invesco QQQ Income Advantage ETF (QQA) 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 QQA returned +17.73% while SCHD returned +29.85%. Year to date, QQA is up 15.40% versus a gain of 24.55% 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 13.7% compared with 12.5% for QQA. 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 -19.7% for QQA 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 0.08. They move largely independently of each other.
Fees and Cost Over Time
QQA charges 0.29% per year while SCHD charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, QQA currently yields 9.80% against 3.24% for SCHD.
Holdings Overlap
3.5% of QQA's money is in holdings SCHD also owns. 24.1% of SCHD's money is in holdings QQA also owns.
SCHD and QQA share little of their money.
8 positions in common, counted across the 112 positions we hold weights for in QQA and 98 in SCHD, against full books of 246 and 206.
What only one of them owns
Our book lists 89 positions for SCHD that do not appear in our book for QQA (75.7% of the fund), and 92 for QQA that do not appear in SCHD (91.2%).
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 QQA | Weight in SCHD | Difference |
|---|---|---|---|
| TXNTexas Instrument Inc | 0.84% | 4.89% | 4.05% |
| QCOMQualcomm Inc. | 0.61% | 4.61% | 4.00% |
| AMGNAmgen Inc. | 0.68% | 3.86% | 3.18% |
| PEPPepsico Inc. | 0.54% | 3.80% | 3.26% |
| ADPAutomatic Data Processing, Inc. | 0.32% | 2.63% | 2.31% |
| CMCSAComcast Corp. Class A | 0.24% | 1.96% | 1.72% |
| FASTFastenal Co. | 0.18% | 1.50% | 1.32% |
| PAYXPaychex, Inc. | 0.11% | 0.81% | 0.70% |
24.1% of SCHD is already inside QQA.
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, QQA or SCHD?
QQA has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, QQA or SCHD?
Over the past year QQA returned +17.73% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), QQA annualized +18.38% vs +13.64% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQA or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 12.5% for QQA. Worst drawdown: QQA -19.7% vs SCHD -16.1%.
Should I hold both QQA and SCHD?
QQA and SCHD have a monthly-return correlation of 0.08, 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 QQA and SCHD?
24.1% of SCHD's money is in holdings QQA also owns. 24.1% of SCHD's is in holdings QQA also owns. They hold 8 positions in common, counted across the 112 positions we hold weights for in QQA and 98 in SCHD.
Which pays a higher dividend, QQA or SCHD?
QQA yields 9.80% while SCHD yields 3.24%, so QQA currently pays the higher dividend yield.
Is SCHD better than QQA?
SCHD has a lower expense ratio. QQA led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 52.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.