SCHG vs. QQC.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Schwab U.S. Large-Cap Growth ETF (SCHG) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO).

SCHG and QQC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. It was launched on Dec 11, 2009. QQC.TO is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on May 27, 2021. Both SCHG and QQC.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SCHG vs. QQC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap Growth ETF (SCHG) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO). The values are adjusted to include any dividend payments, if applicable.

SCHG vs. QQC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SCHG Schwab U.S. Large-Cap Growth ETF	-10.59%	17.50%	34.95%	50.10%	-31.80%	19.59%
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	-5.91%	20.90%	25.01%	55.18%	-32.88%	19.39%

Different Trading Currencies

SCHG is traded in USD, while QQC.TO is traded in CAD. To make them comparable, the QQC.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SCHG achieves a -10.59% return, which is significantly lower than QQC.TO's -5.91% return.

SCHG

• 1D: 3.67%
• 1M: -5.12%
• YTD: -10.59%
• 6M: -8.51%
• 1Y: 16.81%
• 3Y*: 21.91%
• 5Y*: 12.55%
• 10Y*: 16.83%

QQC.TO

• 1D: 3.26%
• 1M: -4.77%
• YTD: -5.91%
• 6M: -3.54%
• 1Y: 23.72%
• 3Y*: 22.26%
• 5Y*: —
• 10Y*: —

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

SCHG vs. QQC.TO - Expense Ratio Comparison

SCHG has a 0.04% expense ratio, which is lower than QQC.TO'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%.

QQC.TO

Invesco NASDAQ 100 Index ETF CAD Hedged

SCHG

Schwab U.S. Large-Cap Growth ETF

Return for Risk

SCHG vs. QQC.TO — Risk / Return Rank

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

SCHG

SCHG Risk / Return Rank: 46
SCHG Sharpe Ratio Rank: 45
SCHG Sortino Ratio Rank: 50
SCHG Omega Ratio Rank: 49
SCHG Calmar Ratio Rank: 45
SCHG Martin Ratio Rank: 41

QQC.TO

QQC.TO Risk / Return Rank: 57
QQC.TO Sharpe Ratio Rank: 53
QQC.TO Sortino Ratio Rank: 55
QQC.TO Omega Ratio Rank: 58
QQC.TO Calmar Ratio Rank: 66
QQC.TO Martin Ratio Rank: 53

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.

SCHG vs. QQC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth ETF (SCHG) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO). 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.

	SCHG	QQC.TO	Difference
Sharpe ratio Return per unit of total volatility	0.75	1.05	-0.30
Sortino ratio Return per unit of downside risk	1.23	1.63	-0.39
Omega ratio Gain probability vs. loss probability	1.17	1.23	-0.06
Calmar ratio Return relative to maximum drawdown	1.03	1.83	-0.80
Martin ratio Return relative to average drawdown	3.54	6.82	-3.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHG vs. QQC.TO - Sharpe Ratio Comparison

The current SCHG Sharpe Ratio is 0.75, which is comparable to the QQC.TO Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of SCHG and QQC.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SCHG	QQC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	1.05	-0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.55	+0.24

Correlation

The correlation between SCHG and QQC.TO is 0.92, 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.

Dividends

SCHG vs. QQC.TO - Dividend Comparison

SCHG's dividend yield for the trailing twelve months is around 0.43%, more than QQC.TO's 0.41% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHG Schwab U.S. Large-Cap Growth ETF	0.43%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.41%	0.39%	0.45%	0.54%	0.91%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SCHG vs. QQC.TO - Drawdown Comparison

The maximum SCHG drawdown since its inception was -34.59%, roughly equal to the maximum QQC.TO drawdown of -35.36%. Use the drawdown chart below to compare losses from any high point for SCHG and QQC.TO.

Drawdown Indicators

	SCHG	QQC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-34.59%	-31.81%	-2.78%
Max Drawdown (1Y) Largest decline over 1 year	-16.41%	-13.02%	-3.39%
Max Drawdown (5Y) Largest decline over 5 years	-34.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.59%	—	—
Current Drawdown Current decline from peak	-13.34%	-9.37%	-3.97%
Average Drawdown Average peak-to-trough decline	-5.22%	-8.30%	+3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.78%	4.31%	+0.47%

Volatility

SCHG vs. QQC.TO - Volatility Comparison

Schwab U.S. Large-Cap Growth ETF (SCHG) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) have volatilities of 6.67% and 6.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHG	QQC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.67%	6.50%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	12.51%	12.72%	-0.21%
Volatility (1Y) Calculated over the trailing 1-year period	22.43%	22.59%	-0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.32%	22.75%	-0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.51%	22.75%	-1.24%