Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QQQM vs SCHX: how they differ
QQQM and SCHX hold 52% of their weight in the same names, and QQQM returned more over the year.
Invesco NASDAQ 100 ETF and Schwab U.S. Large-Cap ETF.
What they hold in common
By the books each fund has filed, QQQM and SCHX hold 52% of their money in the same securities at the same weight.
| Holding | QQQM | SCHX |
|---|---|---|
| NVIDIA Corp. | 8.16% | 7.51% |
| Apple Inc. | 7.29% | 6.71% |
| Microsoft Corp. | 5.32% | 4.89% |
| Amazon.com, Inc. | 4.62% | 3.87% |
| Alphabet Inc. | 3.52% | 3.24% |
| Broadcom Inc. | 3.37% | 3.10% |
| Alphabet Inc. | 3.26% | 2.58% |
| Meta Platforms, Inc. | 2.97% | 2.02% |
| Tesla, Inc. | 3.46% | 1.79% |
| Micron Technology, Inc. | 4.80% | 1.60% |
| Advanced Micro Devices, Inc. | 3.70% | 1.23% |
| Intel Corp. | 2.52% | 0.79% |
| Only in QQQM | Only in SCHX |
|---|---|
| Sandisk Corp. 1.10% | Eli Lilly & Co 1.28% |
| Linde PLC 1.01% | Berkshire Hathaway Inc 1.27% |
| Seagate Technology Holdings PLC 0.84% | JPMorgan Chase & Co 1.18% |
| Shopify Inc. 0.64% | Exxon Mobil Corp 0.89% |
| ASML Holding N.V. 0.62% | Visa Inc 0.80% |
| MercadoLibre, Inc. 0.38% | Johnson & Johnson 0.80% |
| NXP Semiconductors N.V. 0.36% | Caterpillar Inc 0.60% |
| Lumentum Holdings Inc. 0.27% | Mastercard Inc 0.59% |
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 | SCHX Schwab U.S. Large-Cap ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Schwab |
| What it is | Nasdaq-100 | U.S. Large-Cap |
| Total return, 1 year | +23.0% | +16.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −0.7 pts |
| Expense ratio | 0.15% | 0.03% |
| Already in the S&P 500 | 96.7% | 94.9% |
| Holdings | 101 | 748 |
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.
SCHX in plain words
SCHX is an index equity fund tracking the U.S. Large-Cap. Over the year to Sep 11, 2026 it returned +16.8% 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. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 748 positions, with the top ten at 37.3%.
Questions people ask
- Which returned more over the last year, QQQM or SCHX?
- In the year to Sep 12, 2026, with distributions reinvested, QQQM returned +23.0% and SCHX returned +16.8%, so QQQM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQM or SCHX?
- QQQM charges 0.15% a year and SCHX charges 0.03%, so SCHX is cheaper. Fees come from each fund's prospectus.
- How much do QQQM and SCHX overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQM and 95% of SCHX by weight is stocks the S&P 500 already holds. Between the two funds, 52% 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 SCHX, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQM-SCHX Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources