QQMG vs. SCHD

Last updated Jun 9, 2026

QQMG (Invesco ESG NASDAQ 100 ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - QQMG is a Nasdaq-100 fund tracking the Nasdaq-100 ESG Total Return Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 3 years, QQMG returned 28.11%/yr vs 14.73%/yr for SCHD. At a 0.49 correlation, their price movements are largely independent. QQMG charges 0.20%/yr vs 0.06%/yr for SCHD.

Performance

QQMG vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco ESG NASDAQ 100 ETF (QQMG) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQMG achieves a 17.36% return, which is significantly lower than SCHD's 18.71% return.

QQMG

• 1D: 1.46%
• 1M: 1.34%
• YTD: 17.36%
• 6M: 15.87%
• 1Y: 38.03%
• 3Y*: 28.11%
• 5Y*: —
• 10Y*: —

SCHD

• 1D: -0.03%
• 1M: 2.12%
• YTD: 18.71%
• 6M: 19.28%
• 1Y: 26.37%
• 3Y*: 14.73%
• 5Y*: 8.49%
• 10Y*: 12.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QQMG vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QQMG Invesco ESG NASDAQ 100 ETF	17.36%	22.16%	25.66%	55.00%	-31.56%	5.26%
SCHD Schwab U.S. Dividend Equity ETF	18.71%	4.34%	11.66%	4.54%	-3.26%	5.93%

Correlation

The correlation between QQMG and SCHD is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021	0.49

Over the past year, the correlation between QQMG and SCHD has dropped to 0.14 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.

QQMG vs. SCHD - Sectors Allocation Comparison

Sectors	QQMG	SCHD
Technology	58.6%	16.4%
Communication Services	14.8%	6.3%
Consumer Cyclical	12.4%	6.3%
Consumer Defensive	6.8%	19.2%
Healthcare	3.9%	18.8%
Industrials	1.6%	7.5%
Basic Materials	1.5%	1.2%
Utilities	0.2%	0.0%
Financial Services	0.2%	9.3%
Real Estate	0.1%	-
Energy	-	16.2%

Return for Risk

QQMG vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QQMG

QQMG Risk / Return Rank: 69
QQMG Sharpe Ratio Rank: 75
QQMG Sortino Ratio Rank: 68
QQMG Omega Ratio Rank: 70
QQMG Calmar Ratio Rank: 67
QQMG Martin Ratio Rank: 67

SCHD

SCHD Risk / Return Rank: 85
SCHD Sharpe Ratio Rank: 83
SCHD Sortino Ratio Rank: 89
SCHD Omega Ratio Rank: 81
SCHD Calmar Ratio Rank: 92
SCHD Martin Ratio Rank: 80

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.

QQMG vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco ESG NASDAQ 100 ETF (QQMG) and Schwab U.S. Dividend Equity ETF (SCHD). 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.

	QQMG	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	2.19	2.43	-0.24
Sortino ratio: Return per unit of downside risk	2.80	3.75	-0.95
Omega ratio: Gain probability vs. loss probability	1.38	1.43	-0.06
Calmar ratio: Return relative to maximum drawdown	3.01	5.74	-2.73
Martin ratio: Return relative to average drawdown	11.13	14.06	-2.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQMG vs. SCHD - Sharpe Ratio Comparison

The current QQMG Sharpe Ratio is 2.19, which is comparable to the SCHD Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of QQMG and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QQMG	SCHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	2.43	-0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.86	-0.17

Drawdowns

QQMG vs. SCHD - Drawdown Comparison

The maximum QQMG drawdown since its inception was -35.43%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for QQMG and SCHD.

Drawdown Indicators

	QQMG	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-35.43%	-33.37%	-2.06%
Max Drawdown (1Y) Largest decline over 1 year	-12.67%	-4.61%	-8.06%
Max Drawdown (3Y) Largest decline over 3 years	-22.79%	-16.13%	-6.66%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-4.09%	-1.64%	-2.45%
Average Drawdown Average peak-to-trough decline	-9.60%	-3.32%	-6.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.43%	1.88%	+1.55%

Volatility

QQMG vs. SCHD - Volatility Comparison

Invesco ESG NASDAQ 100 ETF (QQMG) has a higher volatility of 6.91% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.83%. This indicates that QQMG's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQMG	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	2.83%	+4.08%
Volatility (6M) Calculated over the trailing 6-month period	13.89%	7.60%	+6.29%
Volatility (1Y) Calculated over the trailing 1-year period	17.51%	10.94%	+6.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.68%	14.38%	+9.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.68%	16.72%	+6.96%

QQMG vs. SCHD - Expense Ratio Comparison

QQMG has a 0.20% expense ratio, which is higher than SCHD's 0.06% 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

QQMG vs. SCHD - Dividend Comparison

QQMG's dividend yield for the trailing twelve months is around 0.35%, less than SCHD's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQMG Invesco ESG NASDAQ 100 ETF	0.35%	0.41%	0.50%	0.60%	0.82%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.27%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both QQMG and SCHD in my portfolio?

QQMG and SCHD have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQMG or SCHD?

QQMG has higher volatility (6.91%) compared to SCHD (2.83%). In terms of maximum drawdown, QQMG dropped -35.43% vs SCHD's -33.37%.

Which ETF is better, QQMG or SCHD?

On 3-year performance, QQMG leads with 28.11% vs 14.73% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 2.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQMG or SCHD?

Over the 3-year period, QQMG has performed better with a 28.11% return vs 14.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQMG or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.20% for QQMG.

Which ETF pays a higher dividend yield, QQMG or SCHD?

SCHD has the higher dividend yield at 3.27%, compared with 0.35% for QQMG.

What is the main difference between QQMG and SCHD?

QQMG is categorized as Nasdaq-100, while SCHD is Dividend. QQMG tracks Nasdaq-100 ESG Total Return Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: Invesco and Charles Schwab. Their fees differ too: 0.20% for QQMG and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.43 vs 2.19), 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.