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QQC.TO vs. SCHG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QQC.TO vs. SCHG

Last updated Apr 4, 2026

Compare and contrast key facts about Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) and Schwab U.S. Large-Cap Growth ETF (SCHG).

QQC.TO and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQC.TO is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on May 27, 2021. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. It was launched on Dec 11, 2009. Both QQC.TO and SCHG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QQC.TO vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

QQC.TO is traded in CAD, while SCHG is traded in USD. To make them comparable, the SCHG values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QQC.TO achieves a -3.37% return, which is significantly higher than SCHG's -8.41% return.

QQC.TO

1D
0.40%
1M
-2.31%
YTD
-3.37%
6M
-3.02%
1Y
28.88%
3Y*
24.29%
5Y*
—
10Y*
—

SCHG

1D
0.36%
1M
-2.94%
YTD
-8.41%
6M
-8.29%
1Y
21.34%
3Y*
23.70%
5Y*
15.14%
10Y*
17.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQC.TO vs. SCHG - Yearly Performance Comparison

2026 (YTD)20252024202320222021
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		-3.37%15.38%35.73%51.73%-28.07%25.01%
SCHG
Schwab U.S. Large-Cap Growth ETF		-8.41%12.11%46.55%46.80%-26.94%25.27%

Correlation

The correlation between QQC.TO and SCHG is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they'll tend to fall together during downturns. For meaningful risk reduction, look for holdings with correlations below 0.5.

QQC.TO vs. SCHG - Expense Ratio Comparison

QQC.TO has a 0.20% expense ratio, which is higher than SCHG's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged
SCHG
Schwab U.S. Large-Cap Growth ETF

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco NASDAQ 100 Index ETF CAD Hedged

Schwab U.S. Large-Cap Growth ETF

Often compared with QQC.TO:
QQC.TO vs. VFV.TOQQC.TO vs. XQQ.TOQQC.TO vs. QQQQQC.TO vs. HXQ.TOQQC.TO vs. TEC.TOQQC.TO vs. QQC-F.TOQQC.TO vs. QQQM
Often compared with SCHG:
SCHG vs. SCHDSCHG vs. QQQMSCHG vs. VUGSCHG vs. VOOSCHG vs. QQQSCHG vs. SPMOSCHG vs. SPYG

Return for Risk

QQC.TO vs. SCHG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQC.TO
QQC.TO Risk / Return Rank: 4646
Overall Rank
QQC.TO Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
QQC.TO Sortino Ratio Rank: 4747
Sortino Ratio Rank
QQC.TO Omega Ratio Rank: 5050
Omega Ratio Rank
QQC.TO Calmar Ratio Rank: 4949
Calmar Ratio Rank
QQC.TO Martin Ratio Rank: 3838
Martin Ratio Rank
SCHG
SCHG Risk / Return Rank: 3434
Overall Rank
SCHG Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
SCHG Sortino Ratio Rank: 3838
Sortino Ratio Rank
SCHG Omega Ratio Rank: 3838
Omega Ratio Rank
SCHG Calmar Ratio Rank: 3030
Calmar Ratio Rank
SCHG Martin Ratio Rank: 3030
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QQC.TO vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) and Schwab U.S. Large-Cap Growth ETF (SCHG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

QQC.TOSCHGDifference

Sharpe ratio

Return per unit of total volatility

0.89

0.61

+0.28

Sortino ratio

Return per unit of downside risk

1.36

1.00

+0.36

Omega ratio

Gain probability vs. loss probability

1.20

1.14

+0.06

Calmar ratio

Return relative to maximum drawdown

1.61

0.83

+0.78

Martin ratio

Return relative to average drawdown

4.78

2.39

+2.39

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQC.TO vs. SCHG - Sharpe Ratio Comparison

The current QQC.TO Sharpe Ratio is 0.89, which is higher than the SCHG Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of QQC.TO and SCHG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

QQC.TOSCHGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.89

0.61

+0.28

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.74

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.89

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.77

0.99

-0.22

Drawdowns

QQC.TO vs. SCHG - Drawdown Comparison

The maximum QQC.TO drawdown since its inception was -31.81%, roughly equal to the maximum SCHG drawdown of -32.13%. Use the drawdown chart below to compare losses from any high point for QQC.TO and SCHG.

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Drawdown Indicators

QQC.TOSCHGDifference

Max Drawdown

Largest peak-to-trough decline

-31.81%

-34.59%

+2.78%

Max Drawdown (1Y)

Largest decline over 1 year

-12.14%

-16.41%

+4.27%

Max Drawdown (5Y)

Largest decline over 5 years

—

-34.59%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-34.59%

—

Current Drawdown

Current decline from peak

-8.12%

-12.48%

+4.36%

Average Drawdown

Average peak-to-trough decline

-8.30%

-5.23%

-3.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.38%

4.90%

-0.52%

Volatility

QQC.TO vs. SCHG - Volatility Comparison

The current volatility for Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) is 6.10%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 6.54%. This indicates that QQC.TO experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQC.TOSCHGDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.10%

6.54%

-0.44%

Volatility (6M)

Calculated over the trailing 6-month period

12.47%

12.45%

+0.02%

Volatility (1Y)

Calculated over the trailing 1-year period

22.30%

22.17%

+0.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.96%

20.63%

+0.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.96%

19.97%

+0.99%

Dividends

QQC.TO vs. SCHG - Dividend Comparison

QQC.TO's dividend yield for the trailing twelve months is around 0.40%, less than SCHG's 0.43% yield.

TTM20252024202320222021202020192018201720162015
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		0.40%0.39%0.45%0.54%0.91%0.56%0.00%0.00%0.00%0.00%0.00%0.00%
SCHG
Schwab U.S. Large-Cap Growth ETF		0.43%0.36%0.39%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.04%1.22%