SCHG vs QQQ: which ETF is better?
Schwab U.S. Large-Cap Growth ETF (SCHG) and Invesco QQQ Trust, Series 1 (QQQ) compared on fees, holdings overlap, dividend yield, returns and risk, using the latest data.
- SCHG and QQQ have high overlap: 58% of each fund by weight sits in the same holdings.
- SCHG is cheaper at 0.04% a year against 0.18% for QQQ, about $14 less in fees per $10,000 invested each year.
- Over the last 10 years, QQQ returned an average of 20.0% a year against 18.2% for SCHG, with dividends reinvested.
- SCHG is more diversified, with 185 holdings against 101 in QQQ.
- Overlap by weight
- 58.1%
- Shared holdings
- 48
| SCHG | QQQ | |
|---|---|---|
| Name | Schwab U.S. Large-Cap Growth ETF | Invesco QQQ Trust, Series 1 |
| Issuer | Schwab | Invesco |
| Listed on | NYSE Arca · USD | Nasdaq · USD |
| Expense ratio | 0.04% | 0.18% |
| Assets (AUM) | $59.7B | $446B |
| Launched | Dec 11, 2009 | Mar 10, 1999 |
| Holdings | 185 | 101 |
| Dividend yield (12m) | 0.42% · quarterly | 0.47% · quarterly |
| Asset class | Equity | Equity |
| Annualised return | SCHG | QQQ |
|---|---|---|
| 1 year | +2.6% | +7.8% |
| 3 years | +21.3% | +21.8% |
| 5 years | +10.4% | +11.1% |
| 10 years | +18.2% | +20.0% |
| Volatility | 19.6% | 20.9% |
| Max drawdown | -34.5% | -35.1% |
Volatility is the annualised standard deviation of daily returns over 3 years. Max drawdown is the largest fall from a peak over the last 10 years, or since launch.
| Holding | SCHG | QQQ |
|---|---|---|
| AAPLAPPLE | 12.61% | 8.70% |
| NVDANVIDIA | 11.03% | 7.58% |
| MSFTMICROSOFT | 9.99% | 6.89% |
| AMZNAMAZON COM INC | 6.41% | 4.86% |
| METAMETA PLATFORMS CLASS A | 3.89% | 3.11% |
| GOOGLALPHABET CLASS A | 4.16% | 2.87% |
| TSLATESLA INC | 2.82% | 3.13% |
| GOOGALPHABET CLASS C | 3.36% | 2.70% |
| AVGOBROADCOM INC | 3.81% | 2.40% |
| MUMICRON TECHNOLOGY | 2.16% | 3.54% |
Pull each fund's details, full price history and holdings into Google Sheets or Excel, so your comparison updates itself.
=SF("SCHG","etfInfo","expenseRatio&assetsUnderManagement&holdingsCount")=SF_TIMESERIES("SCHG","2016-10-01",TODAY(),"dailyAdj")=SF("QQQ","etfInfo","expenseRatio&assetsUnderManagement&holdingsCount")=SF_TIMESERIES("QQQ","2016-10-01",TODAY(),"dailyAdj")Prices to Nov 6, 2026; holdings last checked Nov 7, 2026. Returns are in each fund's trading currency (USD). Past performance doesn't predict future returns. For information only, not investment advice.
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SCHG vs QQQ: frequently asked questions
How much do SCHG and QQQ overlap?
58.1% by weight. They share 48 holdings, and that share of each fund is invested in exactly the same positions. They share a large core but each adds something the other doesn't.
Is SCHG or QQQ cheaper?
SCHG is cheaper. SCHG's expense ratio is 0.04% a year and QQQ's is 0.18%, so on $10,000 you'd pay about $4 and $18 a year.
Which has performed better, SCHG or QQQ?
Over the last 10 years, QQQ has. SCHG returned 18.2% and QQQ 20.0% a year on average, including reinvested dividends, as of Nov 6, 2026. Past returns don't predict future ones.
Which pays a higher dividend, SCHG or QQQ?
QQQ does. Over the last 12 months SCHG yielded 0.42%, paid quarterly, and QQQ 0.47%, paid quarterly.
Should I hold both SCHG and QQQ?
They overlap by 58%, so holding both does spread your money more widely than either alone. Whether that suits you depends on the mix you want. This is general information, not advice.
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