Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

QQQM vs SCHP: how they differ

QQQM and SCHP hold 0% of their weight in the same names, and QQQM returned more over the year.

Invesco NASDAQ 100 ETF and Schwab U.S. TIPS ETF.

What they hold in common

By the books each fund has filed, QQQM and SCHP hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in QQQMOnly in SCHP
NVIDIA Corp. 8.16%United States Treasury 4.09%
Apple Inc. 7.29%United States Treasury 4.03%
Microsoft Corp. 5.32%United States Treasury 4.02%
Micron Technology, Inc. 4.80%United States Treasury 3.79%
Amazon.com, Inc. 4.62%United States Treasury 3.62%
Advanced Micro Devices, Inc. 3.70%United States Treasury 3.42%
Alphabet Inc. 3.52%United States Treasury 3.39%
Tesla, Inc. 3.46%United States Treasury 3.38%

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 Jun 30, 2026 and May 31, 2026.

QQQM and SCHP on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
QQQM
Invesco NASDAQ 100 ETF
SCHP
Schwab U.S. TIPS ETF
Where it sitsCore index fundCore index fund
IssuerInvescoSchwab
What it isNasdaq-100US TIPS
Total return, 1 year+23.0%−0.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5.5 pts−18.4 pts
Expense ratio0.15%0.03%
Holdings10148

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.

SCHP in plain words

SCHP is a bond fund tracking the US TIPS. Over the year to Sep 11, 2026 it returned −0.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, QQQM or SCHP?
In the year to Sep 12, 2026, with distributions reinvested, QQQM returned +23.0% and SCHP returned −0.8%, so QQQM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, QQQM or SCHP?
QQQM charges 0.15% a year and SCHP charges 0.03%, so SCHP is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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.

QQQM against SCHP, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, QQQM against SCHP, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQM-SCHP Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources