Data as of Oct 28, 2026.

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QQQM vs SCHF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QQQM returned +15.2% to SCHF's +17.6%; 1% of their weight is in the same names.

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Net assets: $110.4bn on Oct 27, 2026 for Invesco NASDAQ 100 ETF, and $69.7bn on Aug 31, 2026 for Schwab International Equity ETF.

At a glance
+15.2%
QQQM total return, 1 year
+17.6%
SCHF total return, 1 year
0.15%
QQQM expense ratio
0.03%
SCHF expense ratio

Pair scorecard

SCHF costs 0.12 points a year less; their one-year returns differ by 2.4 points.

QQQM vs SCHF: Differences, Returns & Fees
MeasureQQQMSCHF
Return
Total return, 1 year+15.2%+17.6%
Drawdown
Below its high4.5%, high on Oct 6, 20264.4%, high on Aug 25, 2026
Benchmark
What it tracksNasdaq-100 IndexFTSE Developed ex US Index
Cost and size
Expense ratio0.15%0.03%
Net assets, QQQM as of Oct 27, 2026 and SCHF as of Aug 31, 2026$110.4bn$69.7bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund46.7%13.8%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

Risk and return

Oct 23, 2020 to Oct 23, 2026 · 313 weekly returns
QQQM SCHF
Return
Total return edge QQQM +157.2% +99.4%
Annualized edge QQQM +17.0% +12.2%
Price return edge QQQM +147.9% +67.1%
Risk
Volatility edge SCHF 21.0% 16.2%
Max drawdown edge SCHF −35.0% −28.8%
Downside capture 99.8% 99.0%
Beta 1.00 0.99
Risk-adjusted
Sharpe edge QQQM 0.70 0.59
Sortino edge QQQM 1.07 0.86
Treynor 0.147 0.069
Calmar edge QQQM 0.49 0.42
Against the benchmark
Alpha +0.1% a year +0.5% a year
Alpha t-stat 0.62 1.02
Information ratio 0.10 0.20
Tracking error 0.4% 1.9%

Each against its own benchmark: QQQM against QQQ, Oct 23, 2020 to Oct 23, 2026; SCHF against EFA, Nov 13, 2009 to Oct 23, 2026.

Reading

QQQM returned more: +157.2% to +99.4%. SCHF swung less: 16.2% to 21.0%. SCHF fell less at its worst: −28.8% to −35.0%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: QQQM vs SCHF: Differences, Returns & Fees
MeasureQQQMSCHFEdgeHow it is measured
Return
Total return+157.2%+99.4%QQQMPrice change plus distributions, reinvested.
Annualized+17.0%+12.2%QQQMTotal return as a yearly rate.
Price return+147.9%+67.1%QQQMPrice change alone, distributions left out.
Risk
Volatility21.0%16.2%SCHFSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.6%11.0%SCHFLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−35.0%−28.8%SCHFDeepest fall from a high to the low after it.
Upside capture99.6%99.2%Share of its benchmark's rise caught in the weeks it rose.
Downside capture99.8%99.0%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.000.99Not an edgeHow far it moves for each 1% its benchmark moves.
R squared1.000.99Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.700.59QQQMReturn above Treasury bills per unit of volatility.
Sortino1.070.86QQQMReturn above Treasury bills per unit of downside deviation.
Treynor0.1470.069Return above Treasury bills per unit of beta.
Calmar0.490.42QQQMAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkQQQEFAThe ETF each fund is measured against.
Alpha+0.1% a year+0.5% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.621.02Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.2% to +0.4%−0.4% to +1.4%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.100.20Return against its benchmark per unit of tracking error.
Tracking error0.4%1.9%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 313 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

1%

By the books each fund has filed, QQQM and SCHF hold 1% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first QQQM SCHF
Shopify Inc 0.86% 0.59%
Ferrovial NV 0.17% 0.09%
Coca-Cola Europacific Partners PLC 0.21% 0.07%
Thomson Reuters Corp 0.19% 0.05%
Only in one fund ↓
Only in QQQM
NVIDIA Corp 8.17%
Apple Inc 7.88%
Microsoft Corp 6.14%
Micron Technology Inc 4.50%
Amazon.com Inc 4.25%
Advanced Micro Devices Inc 3.93%
Tesla Inc 3.33%
Alphabet Inc 2.93%
Only in SCHF
Samsung Electronics Co Ltd 2.88%
SK hynix Inc 2.23%
ASML Holding NV 2.14%
HSBC Holdings PLC 1.17%
Roche Holding AG 1.00%
Royal Bank of Canada 0.94%
Novartis AG 0.94%
Shell PLC 0.83%
Check overlap with more funds →

Side by side

QQQM Invesco NASDAQ 100 ETF SCHF Schwab International Equity ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Nasdaq-100 Tracks an index of International Equity
Total return, 1 year +15.2% +17.6%
Its benchmark over the same days +15.2% (QQQ) +12.1% (EFA)
Gap to its benchmark 0.0 pts vs QQQ +5.5 pts vs EFA
Expense ratio 0.15% 0.03%
Already in the S&P 500 95.7% 0.0%
Holdings 105 1475
Net assets, QQQM as of Oct 27, 2026 and SCHF as of Aug 31, 2026 $110.4bn $69.7bn

QQQM and SCHF on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-F85C01DE98

QQQM and SCHF do different jobs. What does each one do in a portfolio?

  1. What each follows. QQQM follows Nasdaq-100 Index and SCHF follows FTSE Developed ex US Index.
  2. Holdings in common. 1% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 QQQM returned +15.2% and SCHF +17.6% with distributions reinvested, a gap of 2.4 points.

Data as of Oct 28, 2026.

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About each fund
QQQM

QQQM tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.

SCHF

SCHF tracks an index of International Equity. Over the year to Oct 28, 2026 it returned +17.6% with distributions reinvested, against +12.1% for its benchmark, the MSCI EAFE Index. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,475 positions, with the top ten at 13.8%. It sat 4.4% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, QQQM or SCHF?
In the year to Oct 28, 2026, with distributions reinvested, QQQM returned +15.2% and SCHF +17.6%.
Which is cheaper, QQQM or SCHF?
SCHF is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do QQQM and SCHF overlap with the S&P 500?
By their latest filed holdings, 96% of QQQM and 0% of SCHF by weight is stocks the S&P 500 already holds.
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ETFIQ, QQQM against SCHF, data as of Oct 28, 2026. https://etfiq.com/compare/any/qqqm-vs-schf

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