QQEW vs SCHG: Differences, Returns & Fees

QQEW and SCHG hold 23% of their weight in the same names. Net assets: $1.8bn on Oct 20, 2026 for First Trust Nasdaq-100 Select Equal Weight ETF, and $61.1bn on May 31, 2026 for Schwab U.S. Large-Cap Growth ETF.

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Answers cite the figures on this page.

SCHG costs 0.51 points a year less; their one-year returns differ by 0.5 points.

QQEW vs SCHG: Differences, Returns & Fees
QQEWSCHG
Expense ratio0.55%0.04%
Net assets, QQEW as of Oct 20, 2026 and SCHG as of May 31, 2026$1.8bn$61.1bn
Total return, 1 year+9.9%+10.4%
What it tracksNasdaq-100 Select Equal Weight IndexDow Jones U.S. Large-Cap Growth Total Stock Market Index
Holdings in common23%
Top ten holdings, share of the fund23.1%57.2%
Below its high5.8%, high on Aug 13, 20263.8%, high on Oct 6, 2026

Holdings in common uses holdings dated May 31, 2026 and Oct 19, 2026.

+9.9%
QQEW total return, 1 year
+10.4%
SCHG total return, 1 year
0.55%
QQEW expense ratio
0.04%
SCHG expense ratio

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What they hold in common

By the books each fund has filed, QQEW and SCHG hold 23% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 19, 2026.

half

23% in common

Positions both hold, largest shared weight first
Holding QQEW SCHG
Meta Platforms, Inc. (Class A) 2.55% 3.45%
Advanced Micro Devices, Inc. 2.37% 2.93%
Apple Inc. 2.24% 9.83%
Microsoft Corporation 2.18% 7.17%
NVIDIA Corporation 2.04% 11.01%
Broadcom Inc. 1.87% 4.55%
Netflix, Inc. 1.78% 1.27%
Palantir Technologies Inc. (Class A) 2.16% 1.25%
KLA Corporation 1.96% 0.88%
Palo Alto Networks, Inc. 1.88% 0.79%
Applovin Corp. (Class A) 1.79% 0.58%
Intuitive Surgical, Inc. 2.38% 0.53%
Only in QQEW
Shopify Inc. (Class A) 2.40%
Marvell Technology, Inc. 2.32%
Analog Devices, Inc. 2.25%
Texas Instruments Incorporated 2.19%
QUALCOMM Incorporated 2.11%
Microchip Technology Incorporated 2.10%
Automatic Data Processing, Inc. 2.08%
Amgen Inc. 2.05%
Only in SCHG
Amazon.com Inc 5.67%
Alphabet Inc 4.75%
Tesla Inc 3.91%
Alphabet Inc 3.78%
Eli Lilly & Co 3.06%
Visa Inc 1.92%
Costco Wholesale Corp 1.48%
Mastercard Inc 1.40%

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On the same fields

QQEW
First Trust Nasdaq-100 Select Equal Weight ETF
SCHG
Schwab U.S. Large-Cap Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of U.S. Large-Cap Growth
Total return, 1 year +9.9% +10.4%
Its benchmark over the same days +15.8% (IVV) +15.8% (IVV)
Gap to its benchmark −6.0 pts vs IVV −5.5 pts vs IVV
Expense ratio 0.55% 0.04%
Already in the S&P 500 90.8% 95.3%
Holdings 50 193
Net assets, QQEW as of Oct 20, 2026 and SCHG as of May 31, 2026 $1.8bn $61.1bn

QQEW and SCHG on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About QQEW

QQEW tracks an index. Over the year to Oct 20, 2026 it returned +9.9% with distributions reinvested, against +15.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.55% a year. By its holdings published by its issuer for Oct 19, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 50 positions, with the top ten at 23.1%. It sat 5.8% below its high of Aug 13, 2026 on Oct 20, 2026.

About SCHG

SCHG tracks an index of U.S. Large-Cap Growth. Over the year to Oct 20, 2026 it returned +10.4% with distributions reinvested, against +15.8% for its benchmark, the S&P 500 Index. 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%. It sat 3.8% below its high of Oct 6, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, QQEW or SCHG?
In the year to Oct 20, 2026, with distributions reinvested, QQEW returned +9.9% and SCHG +10.4%.
Which is cheaper, QQEW or SCHG?
SCHG is cheaper, by 0.51 percentage points a year. That is about $51 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do QQEW and SCHG overlap with the S&P 500?
By their latest filed holdings, 91% of QQEW and 95% of SCHG by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, QQEW against SCHG, data as of Oct 20, 2026. https://etfiq.com/compare/any/qqew-vs-schg

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Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.