SCHC vs. QQQ
Compare and contrast key facts about Schwab International Small-Cap Equity ETF (SCHC) and Invesco QQQ (QQQ).
SCHC and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHC is a passively managed fund by Charles Schwab that tracks the performance of the FTSE Custom Developed Small Cap ex-US Liquid Net of Tax (Lux). It was launched on Jan 14, 2010. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both SCHC and QQQ 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: SCHC or QQQ.
Performance
SCHC vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, SCHC achieves a 3.12% return, which is significantly lower than QQQ's 23.40% return. Over the past 10 years, SCHC has underperformed QQQ with an annualized return of 4.28%, while QQQ has yielded a comparatively higher 18.08% annualized return.
SCHC
3.12%
-4.09%
-0.91%
11.84%
3.92%
4.28%
QQQ
23.40%
1.56%
10.75%
30.41%
20.90%
18.08%
Key characteristics
| SCHC | QQQ | |
|---|---|---|
| Sharpe Ratio | 0.78 | 1.71 |
| Sortino Ratio | 1.14 | 2.29 |
| Omega Ratio | 1.14 | 1.31 |
| Calmar Ratio | 0.51 | 2.19 |
| Martin Ratio | 3.75 | 7.95 |
| Ulcer Index | 2.94% | 3.73% |
| Daily Std Dev | 14.14% | 17.38% |
| Max Drawdown | -43.94% | -82.98% |
| Current Drawdown | -12.15% | -2.13% |
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SCHC vs. QQQ - Expense Ratio Comparison
SCHC has a 0.11% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between SCHC and QQQ is 0.70, 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.
Risk-Adjusted Performance
SCHC vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab International Small-Cap Equity ETF (SCHC) and Invesco QQQ (QQQ). 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.
Dividends
SCHC vs. QQQ - Dividend Comparison
SCHC's dividend yield for the trailing twelve months is around 2.70%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHC Schwab International Small-Cap Equity ETF | 2.70% | 2.94% | 1.78% | 3.02% | 1.62% | 3.23% | 2.51% | 2.72% | 2.01% | 2.34% | 2.59% | 2.80% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
SCHC vs. QQQ - Drawdown Comparison
The maximum SCHC drawdown since its inception was -43.94%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SCHC and QQQ. For additional features, visit the drawdowns tool.
Volatility
SCHC vs. QQQ - Volatility Comparison
The current volatility for Schwab International Small-Cap Equity ETF (SCHC) is 3.83%, while Invesco QQQ (QQQ) has a volatility of 5.66%. This indicates that SCHC experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.