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QQQM vs. SCHG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


QQQMSCHG
YTD Return8.83%12.12%
1Y Return45.98%49.17%
3Y Return (Ann)12.88%13.63%
Sharpe Ratio2.803.12
Daily Std Dev16.12%15.54%
Max Drawdown-35.05%-34.59%
Current Drawdown-0.28%-0.43%

Correlation

0.99
-1.001.00

The correlation between QQQM and SCHG is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

QQQM vs. SCHG - Performance Comparison

In the year-to-date period, QQQM achieves a 8.83% return, which is significantly lower than SCHG's 12.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


20.00%30.00%40.00%50.00%60.00%OctoberNovemberDecember2024FebruaryMarch
54.76%
54.88%
QQQM
SCHG

Compare stocks, funds, or ETFs


Invesco NASDAQ 100 ETF

Schwab U.S. Large-Cap Growth ETF

QQQM vs. SCHG - Expense Ratio Comparison

QQQM has a 0.15% expense ratio, which is higher than SCHG's 0.04% expense ratio.

QQQM
Invesco NASDAQ 100 ETF
0.50%1.00%1.50%2.00%0.15%
0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

QQQM vs. SCHG - Risk-Adjusted Performance Comparison

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


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
QQQM
Invesco NASDAQ 100 ETF
2.80
SCHG
Schwab U.S. Large-Cap Growth ETF
3.12

QQQM vs. SCHG - Sharpe Ratio Comparison

The current QQQM Sharpe Ratio is 2.80, which roughly equals the SCHG Sharpe Ratio of 3.12. The chart below compares the 12-month rolling Sharpe Ratio of QQQM and SCHG.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50OctoberNovemberDecember2024FebruaryMarch
2.80
3.12
QQQM
SCHG

Dividends

QQQM vs. SCHG - Dividend Comparison

QQQM's dividend yield for the trailing twelve months is around 0.65%, more than SCHG's 0.43% yield.


TTM20232022202120202019201820172016201520142013
QQQM
Invesco NASDAQ 100 ETF
0.65%0.65%0.83%0.40%0.16%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.43%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.27%1.22%1.09%1.07%

Drawdowns

QQQM vs. SCHG - Drawdown Comparison

The maximum QQQM drawdown since its inception was -35.05%, roughly equal to the maximum SCHG drawdown of -34.59%. The drawdown chart below compares losses from any high point along the way for QQQM and SCHG


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-0.28%
-0.43%
QQQM
SCHG

Volatility

QQQM vs. SCHG - Volatility Comparison

Invesco NASDAQ 100 ETF (QQQM) has a higher volatility of 4.40% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 4.07%. This indicates that QQQM's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%OctoberNovemberDecember2024FebruaryMarch
4.40%
4.07%
QQQM
SCHG