QQLV vs. SCHB
QQLV (Invesco QQQ Low Volatility ETF) and SCHB (Schwab U.S. Broad Market ETF) are both Large Cap Blend Equities funds - QQLV tracks the Nasdaq Low Volatility Index while SCHB tracks the Dow Jones U.S. Broad Stock Market Index. Both are passively managed. Over the past year, QQLV returned -1.95% vs 28.12% for SCHB. At a 0.45 correlation, their price movements are largely independent. QQLV charges 0.25%/yr vs 0.03%/yr for SCHB.
Performance
QQLV vs. SCHB - Performance Comparison
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Returns By Period
In the year-to-date period, QQLV achieves a 1.94% return, which is significantly lower than SCHB's 11.28% return.
QQLV
- 1D
- -0.03%
- 1M
- -0.15%
- YTD
- 1.94%
- 6M
- 1.06%
- 1Y
- -1.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCHB
- 1D
- -0.72%
- 1M
- 5.01%
- YTD
- 11.28%
- 6M
- 11.12%
- 1Y
- 28.12%
- 3Y*
- 22.11%
- 5Y*
- 12.76%
- 10Y*
- 15.04%
QQLV vs. SCHB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQLV Invesco QQQ Low Volatility ETF | 1.94% | 4.19% | -5.60% |
SCHB Schwab U.S. Broad Market ETF | 11.28% | 16.94% | -3.88% |
Correlation
The correlation between QQLV and SCHB is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | 0.45 |
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Return for Risk
QQLV vs. SCHB — Risk / Return Rank
QQLV
SCHB
QQLV vs. SCHB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Low Volatility ETF (QQLV) and Schwab U.S. Broad Market ETF (SCHB). 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.
| QQLV | SCHB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.53 | ||
| Sortino ratioReturn per unit of downside risk | -3.39 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.42 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 3.17 | -3.43 |
| Martin ratioReturn relative to average drawdown | -0.52 | 14.55 | -15.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QQLV | SCHB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 2.33 | -2.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.74 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.83 | -0.82 |
Drawdowns
QQLV vs. SCHB - Drawdown Comparison
The maximum QQLV drawdown since its inception was -9.54%, smaller than the maximum SCHB drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for QQLV and SCHB.
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Drawdown Indicators
| QQLV | SCHB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.54% | -35.27% | +25.73% |
Max Drawdown (1Y)Largest decline over 1 year | -7.35% | -8.91% | +1.56% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.34% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.41% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.27% | — |
Current DrawdownCurrent decline from peak | -3.61% | -0.72% | -2.89% |
Average DrawdownAverage peak-to-trough decline | -3.19% | -4.12% | +0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 1.94% | +1.79% |
Volatility
QQLV vs. SCHB - Volatility Comparison
The current volatility for Invesco QQQ Low Volatility ETF (QQLV) is 2.66%, while Schwab U.S. Broad Market ETF (SCHB) has a volatility of 3.01%. This indicates that QQLV experiences smaller price fluctuations and is considered to be less risky than SCHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQLV | SCHB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 3.01% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 7.05% | 9.14% | -2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.13% | 12.12% | -1.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.70% | 17.24% | -4.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.70% | 18.32% | -5.62% |
QQLV vs. SCHB - Expense Ratio Comparison
QQLV has a 0.25% expense ratio, which is higher than SCHB's 0.03% 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%.
Dividends
QQLV vs. SCHB - Dividend Comparison
QQLV's dividend yield for the trailing twelve months is around 2.06%, more than SCHB's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQLV Invesco QQQ Low Volatility ETF | 2.06% | 1.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHB Schwab U.S. Broad Market ETF | 1.02% | 1.11% | 1.24% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.00% | 1.65% | 1.86% | 2.00% |
Frequently Asked Questions
QQLV and SCHB have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHB has higher volatility (3.01%) compared to QQLV (2.66%). In terms of maximum drawdown, QQLV dropped -9.54% vs SCHB's -35.27%.
On 1-year performance, SCHB leads with 28.12% vs -1.95% for QQLV. On fees, SCHB is cheaper at 0.03% per year. On volatility, QQLV has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SCHB has performed better with a 28.12% return vs -1.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHB is cheaper with a 0.03% expense ratio, compared with 0.25% for QQLV.
QQLV has the higher dividend yield at 2.06%, compared with 1.02% for SCHB.
QQLV tracks Nasdaq Low Volatility Index, while SCHB tracks Dow Jones U.S. Broad Stock Market Index. They also come from different issuers: Invesco and Charles Schwab. Their fees differ too: 0.25% for QQLV and 0.03% for SCHB.
SCHB currently has the higher Sharpe Ratio (2.33 vs -0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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