QQQI vs. SCHD

Last updated Jun 14, 2026

QQQI (NEOS Nasdaq-100 High Income ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - QQQI is a Nasdaq-100 fund actively managed by Neos, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. QQQI is actively managed, while SCHD is passively managed. Over the past year, QQQI returned 27.00% vs 26.72% for SCHD. At a 0.31 correlation, their price movements are largely independent. QQQI charges 0.68%/yr vs 0.06%/yr for SCHD.

Performance

QQQI vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Nasdaq-100 High Income ETF (QQQI) 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, QQQI achieves a 10.58% return, which is significantly lower than SCHD's 20.66% return.

QQQI

• 1D: 0.70%
• 1M: -0.22%
• YTD: 10.58%
• 6M: 11.20%
• 1Y: 27.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHD

• 1D: 0.89%
• 1M: 3.21%
• YTD: 20.66%
• 6M: 19.57%
• 1Y: 26.72%
• 3Y*: 14.90%
• 5Y*: 8.75%
• 10Y*: 12.91%

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

QQQI vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQQI NEOS Nasdaq-100 High Income ETF	10.58%	18.62%	19.44%
SCHD Schwab U.S. Dividend Equity ETF	20.66%	4.34%	9.92%

Correlation

The correlation between QQQI and SCHD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (All Time) Calculated using the full available price history since Jan 30, 2024	0.31

The correlation between QQQI and SCHD shifts across timeframes, from 0.20 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.

QQQI vs. SCHD - Sectors Allocation Comparison

Sectors	QQQI	SCHD
Technology	58.1%	19.4%
Communication Services	14.2%	6.0%
Consumer Cyclical	11.3%	6.7%
Consumer Defensive	6.5%	18.5%
Healthcare	3.9%	18.4%
Industrials	3.0%	7.4%
Utilities	1.3%	0.0%
Basic Materials	1.0%	1.2%
Energy	0.5%	14.6%
Financial Services	0.2%	9.1%
Real Estate	0.1%	-

Return for Risk

QQQI vs. SCHD — Risk / Return Rank

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

QQQI

QQQI Risk / Return Rank: 65
QQQI Sharpe Ratio Rank: 65
QQQI Sortino Ratio Rank: 59
QQQI Omega Ratio Rank: 67
QQQI Calmar Ratio Rank: 62
QQQI Martin Ratio Rank: 72

SCHD

SCHD Risk / Return Rank: 87
SCHD Sharpe Ratio Rank: 86
SCHD Sortino Ratio Rank: 90
SCHD Omega Ratio Rank: 83
SCHD Calmar Ratio Rank: 93
SCHD Martin Ratio Rank: 81

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.

QQQI vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq-100 High Income ETF (QQQI) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QQQI	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	1.84	2.41	-0.57
Sortino ratio: Return per unit of downside risk	2.43	3.72	-1.29
Omega ratio: Gain probability vs. loss probability	1.34	1.43	-0.09
Calmar ratio: Return relative to maximum drawdown	2.70	5.70	-2.99
Martin ratio: Return relative to average drawdown	11.63	13.97	-2.34

QQQI vs. SCHD - Sharpe Ratio Comparison

The current QQQI Sharpe Ratio is 1.84, which is comparable to the SCHD Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of QQQI 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.

Drawdowns

QQQI vs. SCHD - Drawdown Comparison

The maximum QQQI drawdown since its inception was -20.00%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for QQQI and SCHD.

Drawdown Indicators

	QQQI	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-20.00%	-33.37%	+13.37%
Max Drawdown (1Y) Largest decline over 1 year	-9.61%	-4.61%	-5.00%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.13%	—
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	-2.69%	-0.03%	-2.66%
Average Drawdown Average peak-to-trough decline	-2.21%	-3.31%	+1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	1.89%	+0.34%

Volatility

QQQI vs. SCHD - Volatility Comparison

NEOS Nasdaq-100 High Income ETF (QQQI) has a higher volatility of 6.10% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.05%. This indicates that QQQI'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

	QQQI	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	3.05%	+3.05%
Volatility (6M) Calculated over the trailing 6-month period	11.35%	7.53%	+3.82%
Volatility (1Y) Calculated over the trailing 1-year period	14.10%	10.93%	+3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	14.38%	+2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.34%	16.72%	+0.62%

QQQI vs. SCHD - Expense Ratio Comparison

QQQI has a 0.68% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

QQQI vs. SCHD - Dividend Comparison

QQQI's dividend yield for the trailing twelve months is around 13.53%, more than SCHD's 3.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQI NEOS Nasdaq-100 High Income ETF	13.53%	13.82%	12.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.22%	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 QQQI and SCHD in my portfolio?

QQQI and SCHD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQI or SCHD?

QQQI has higher volatility (6.10%) compared to SCHD (3.05%). In terms of maximum drawdown, QQQI dropped -20.00% vs SCHD's -33.37%.

Which ETF is better, QQQI or SCHD?

On 1-year performance, QQQI leads with 27.00% vs 26.72% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQI or SCHD?

Over the 1-year period, QQQI has performed better with a 27.00% return vs 26.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQI or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.68% for QQQI.

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

QQQI has the higher dividend yield at 13.53%, compared with 3.22% for SCHD.

What is the main difference between QQQI and SCHD?

QQQI is categorized as Nasdaq-100, while SCHD is Dividend. They also come from different issuers: Neos and Charles Schwab. Their fees differ too: 0.68% for QQQI and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.41 vs 1.84), 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.