TQQY vs. SCHG
TQQY (GraniteShares YieldBOOST QQQ ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both exchange-traded funds - TQQY is a Leveraged Equities fund actively managed by GraniteShares, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. TQQY is actively managed, while SCHG is passively managed. Over the past year, TQQY returned 19.17% vs 24.63% for SCHG. Their correlation of 0.84 suggests significant overlap in exposure. TQQY charges 1.07%/yr vs 0.04%/yr for SCHG.
Performance
TQQY vs. SCHG - Performance Comparison
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Returns By Period
In the year-to-date period, TQQY achieves a 8.12% return, which is significantly higher than SCHG's 6.78% return.
TQQY
- 1D
- -0.15%
- 1M
- 4.37%
- YTD
- 8.12%
- 6M
- 4.78%
- 1Y
- 19.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCHG
- 1D
- 0.35%
- 1M
- 4.73%
- YTD
- 6.78%
- 6M
- 6.01%
- 1Y
- 24.63%
- 3Y*
- 25.14%
- 5Y*
- 15.67%
- 10Y*
- 18.74%
TQQY vs. SCHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TQQY GraniteShares YieldBOOST QQQ ETF | 8.12% | -5.07% |
SCHG Schwab U.S. Large-Cap Growth ETF | 6.78% | 19.08% |
Correlation
The correlation between TQQY and SCHG is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025 | 0.84 |
The correlation between TQQY and SCHG has been stable across timeframes, ranging from 0.82 to 0.84 - a consistent structural relationship.
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Return for Risk
TQQY vs. SCHG — Risk / Return Rank
TQQY
SCHG
TQQY vs. SCHG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST QQQ ETF (TQQY) 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.
| TQQY | SCHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.28 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.99 | 1.51 | -0.51 |
| Martin ratioReturn relative to average drawdown | 2.44 | 5.04 | -2.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TQQY | SCHG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 1.60 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.71 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.85 | -0.76 |
Drawdowns
TQQY vs. SCHG - Drawdown Comparison
The maximum TQQY drawdown since its inception was -25.31%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for TQQY and SCHG.
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Drawdown Indicators
| TQQY | SCHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.31% | -34.59% | +9.28% |
Max Drawdown (1Y)Largest decline over 1 year | -19.35% | -16.41% | -2.94% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.59% | — |
Current DrawdownCurrent decline from peak | -3.41% | -1.44% | -1.97% |
Average DrawdownAverage peak-to-trough decline | -9.61% | -5.20% | -4.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.88% | 4.90% | +2.98% |
Volatility
TQQY vs. SCHG - Volatility Comparison
The current volatility for GraniteShares YieldBOOST QQQ ETF (TQQY) is 1.84%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 3.61%. This indicates that TQQY experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TQQY | SCHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.84% | 3.61% | -1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 14.75% | 11.62% | +3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.90% | 15.49% | +5.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.87% | 22.26% | +1.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.87% | 21.55% | +2.32% |
TQQY vs. SCHG - Expense Ratio Comparison
TQQY has a 1.07% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Dividends
TQQY vs. SCHG - Dividend Comparison
TQQY's dividend yield for the trailing twelve months is around 59.60%, more than SCHG's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHG Schwab U.S. Large-Cap Growth ETF | 0.36% | 0.36% | 0.39% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% |
TQQY GraniteShares YieldBOOST QQQ ETF | 59.60% | 49.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TQQY and SCHG have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHG has higher volatility (3.61%) compared to TQQY (1.84%). In terms of maximum drawdown, TQQY dropped -25.31% vs SCHG's -34.59%.
On 1-year performance, SCHG leads with 24.63% vs 19.17% for TQQY. On fees, SCHG is cheaper at 0.04% per year. On volatility, TQQY has been the lower-risk option at 1.84%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SCHG has performed better with a 24.63% return vs 19.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHG is cheaper with a 0.04% expense ratio, compared with 1.07% for TQQY.
TQQY has the higher dividend yield at 59.60%, compared with 0.36% for SCHG.
TQQY is categorized as Leveraged Equities, while SCHG is Large Cap Growth Equities. They also come from different issuers: GraniteShares and Charles Schwab. Their fees differ too: 1.07% for TQQY and 0.04% for SCHG.
SCHG currently has the higher Sharpe Ratio (1.60 vs 0.92), 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.
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