SCHD vs QQQ: Complete Comparison
Schwab U.S. Dividend Equity ETF vs Invesco QQQ Trust โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ SCHD wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: SCHD wins with better expense ratio and number of holdings. Consider SCHD for your portfolio, but QQQ is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
3 shared holdings representing 3.6% portfolio overlap
Top Shared Holdings
| # | Stock | SCHD Weight | QQQ Weight | Overlap |
|---|---|---|---|---|
| 1 | CSCO Cisco Systems | 4.05% | 1.67% | 1.67% |
| 2 | PEP PepsiCo Inc | 4.45% | 1.06% | 1.06% |
| 3 | TXN Texas Instruments | 3.05% | 0.87% | 0.87% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in SCHD
Unique to SCHD
| Symbol | Name | Weight |
|---|---|---|
| KO | Coca-Cola Co | 4.25% |
| MRK | Merck & Co | 3.85% |
| PFE | Pfizer Inc | 3.65% |
| ABBV | AbbVie Inc | 3.45% |
| VZ | Verizon Communications | 3.35% |
Top Holdings Only in QQQ
Unique to QQQ
| Symbol | Name | Weight |
|---|---|---|
| NVDA | NVDA | 8.99% |
| AAPL | AAPL | 7.94% |
| MSFT | MSFT | 7.12% |
| AMZN | AMZN | 4.87% |
| TSLA | TSLA | 4.21% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.