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QQQM vs. SCHD

Last updated Sep 30, 2023

Compare and contrast key facts about Invesco NASDAQ 100 ETF (QQQM) and Schwab US Dividend Equity ETF (SCHD).

QQQM and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011. Both QQQM and SCHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQM or SCHD.

Key characteristics


QQQMSCHD
YTD Return35.27%-3.82%
1Y Return32.67%9.07%
5Y Return (Ann)7.57%9.61%
Sharpe Ratio1.270.49
Daily Std Dev22.78%15.23%
Max Drawdown-35.05%-33.37%

Correlation

0.60
-1.001.00

The correlation between QQQM and SCHD is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

QQQM vs. SCHD - Performance Comparison

In the year-to-date period, QQQM achieves a 35.27% return, which is significantly higher than SCHD's -3.82% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%MayJuneJulyAugustSeptember
12.31%
-2.05%
QQQM
SCHD

Compare stocks, funds, or ETFs


Invesco NASDAQ 100 ETF

Schwab US Dividend Equity ETF

QQQM vs. SCHD - Dividend Comparison

QQQM's dividend yield for the trailing twelve months is around 0.67%, less than SCHD's 3.70% yield.


TTM20222021202020192018201720162015201420132012
QQQM
Invesco NASDAQ 100 ETF
0.67%0.84%0.41%0.16%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SCHD
Schwab US Dividend Equity ETF
3.70%3.48%2.96%3.46%3.39%3.60%3.18%3.59%3.81%3.47%3.34%3.98%

QQQM vs. SCHD - Expense Ratio Comparison

QQQM has a 0.15% expense ratio, which is higher than SCHD's 0.06% expense ratio.

0.15%
0.00%2.15%
0.06%
0.00%2.15%

QQQM vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) and Schwab US 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
QQQM
Invesco NASDAQ 100 ETF
1.27
SCHD
Schwab US Dividend Equity ETF
0.49

QQQM vs. SCHD - Sharpe Ratio Comparison

The current QQQM Sharpe Ratio is 1.27, which is higher than the SCHD Sharpe Ratio of 0.49. The chart below compares the 12-month rolling Sharpe Ratio of QQQM and SCHD.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50MayJuneJulyAugustSeptember
1.27
0.49
QQQM
SCHD

QQQM vs. SCHD - Drawdown Comparison

The maximum QQQM drawdown for the period was -22.42%, lower than the maximum SCHD drawdown of -11.87%. The drawdown chart below compares losses from any high point along the way for QQQM and SCHD


-20.00%-15.00%-10.00%-5.00%MayJuneJulyAugustSeptember
-10.02%
-8.21%
QQQM
SCHD

QQQM vs. SCHD - Volatility Comparison

Invesco NASDAQ 100 ETF (QQQM) has a higher volatility of 4.17% compared to Schwab US Dividend Equity ETF (SCHD) at 2.81%. This indicates that QQQM'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.


2.00%3.00%4.00%5.00%6.00%MayJuneJulyAugustSeptember
4.17%
2.81%
QQQM
SCHD