Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QQQM vs SCHG: how they differ
QQQM and SCHG hold 59% of their weight in the same names, and QQQM returned more over the year.
Invesco NASDAQ 100 ETF and Schwab U.S. Large-Cap Growth ETF.
What they hold in common
By the books each fund has filed, QQQM and SCHG hold 59% of their money in the same securities at the same weight.
| Holding | QQQM | SCHG |
|---|---|---|
| NVIDIA Corp. | 8.16% | 11.02% |
| Apple Inc. | 7.29% | 9.84% |
| Microsoft Corp. | 5.32% | 7.18% |
| Amazon.com, Inc. | 4.62% | 5.68% |
| Alphabet Inc. | 3.52% | 4.76% |
| Tesla, Inc. | 3.46% | 3.92% |
| Broadcom Inc. | 3.37% | 4.55% |
| Alphabet Inc. | 3.26% | 3.78% |
| Meta Platforms, Inc. | 2.97% | 3.46% |
| Advanced Micro Devices, Inc. | 3.70% | 2.94% |
| Costco Wholesale Corp. | 1.86% | 1.48% |
| Netflix, Inc. | 1.59% | 1.27% |
| Only in QQQM | Only in SCHG |
|---|---|
| Micron Technology, Inc. 4.80% | Eli Lilly & Co 3.06% |
| Intel Corp. 2.52% | Visa Inc 1.92% |
| Walmart Inc. 2.48% | Mastercard Inc 1.41% |
| Cisco Systems, Inc. 2.09% | UnitedHealth Group Inc 1.20% |
| Lam Research Corp. 1.75% | General Electric Co 1.19% |
| Applied Materials, Inc. 1.57% | GE Vernova Inc 0.91% |
| Texas Instruments Inc. 1.22% | Linde PLC 0.81% |
| QUALCOMM Inc. 1.18% | Thermo Fisher Scientific Inc 0.65% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026.
| QQQM Invesco NASDAQ 100 ETF | SCHG Schwab U.S. Large-Cap Growth ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Schwab |
| What it is | Nasdaq-100 | U.S. Large-Cap Growth |
| Total return, 1 year | +23.0% | +12.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −4.8 pts |
| Expense ratio | 0.15% | 0.04% |
| Already in the S&P 500 | 96.7% | 95.4% |
| Holdings | 101 | 193 |
QQQM in plain words
QQQM is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
SCHG in plain words
SCHG is an index equity fund tracking the U.S. Large-Cap Growth. Over the year to Sep 11, 2026 it returned +12.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 193 positions, with the top ten at 57.2%.
Questions people ask
- Which returned more over the last year, QQQM or SCHG?
- In the year to Sep 12, 2026, with distributions reinvested, QQQM returned +23.0% and SCHG returned +12.7%, so QQQM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQM or SCHG?
- QQQM charges 0.15% a year and SCHG charges 0.04%, so SCHG is cheaper. Fees come from each fund's prospectus.
- How much do QQQM and SCHG overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQM and 95% of SCHG by weight is stocks the S&P 500 already holds. Between the two funds, 59% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QQQM against SCHG, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQM-SCHG Free to use with attribution; the underlying files are at Open data.
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