QQQM vs SCHD: Holdings Overlap
Invesco · 101 holdings · $97.1B · as of 2026-05-31
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
How similar are QQQM and SCHD?
Invesco NASDAQ 100 ETF (QQQM, by Invesco) holds 101 positions; Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99. They have 8 holdings in common, and by portfolio weight the two funds are 5.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8QQQM holds 101 · SCHD holds 99
- Weight in Shared Holdings
- QQQM 5%·SCHD 26%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in QQQM
93 of 101 positions (94.4% of the fund) are not held by SCHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQM | SCHD |
|---|---|---|
| Information Technology | 57.8% | 15.8% |
| Consumer Staples | 6.4% | 18.4% |
| Health Care | 3.7% | 18.3% |
| Energy | 0.5% | 14.6% |
| Communication Services | 14.2% | 6.0% |
| Other Sectors | 16.9% | 26.6% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| QQQM | +1.9% | +18.0% | +27.7% | +25.3% | +15.2% | — | 0.44% |
| SCHD | +4.2% | +25.6% | +31.4% | +14.9% | +9.7% | +12.8% | 3.09% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in QQQM vs SCHD →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by TXN, QCOM and PEP.
 TXNTexas Instruments Inc. | 1.21% | 5.90% | 1.21% |
|---|---|---|---|
 QCOMQUALCOMM Inc. | 1.17% | 6.74% | 1.17% |
 PEPPepsiCo, Inc. | 0.86% | 3.44% | 0.86% |
 AMGNAmgen Inc. | 0.79% | 3.47% | 0.79% |
 ADPAutomatic Data Processing, Inc. | 0.39% | 2.25% | 0.39% |
 CMCSAComcast Corp., Class A | 0.39% | 2.25% | 0.39% |
 FASTFastenal Co. | 0.22% | 1.28% | 0.22% |
 PAYXPaychex, Inc. | 0.15% | 0.79% | 0.15% |
Frequently Asked Questions
How much do QQQM and SCHD overlap?
QQQM and SCHD overlap by 5.2% of portfolio weight. They share 8 holdings (QQQM holds 101 positions and SCHD holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQM and SCHD?
The two portfolios are 5.2% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of QQQM and SCHD?
The largest positions held by both funds are TXN, QCOM, PEP, AMGN and ADP. Together the top 8 shared positions account for 100% of the total overlap.
What does QQQM own that SCHD doesn't?
93 positions (94.4% of QQQM) are unique to QQQM, led by NVDA, AAPL and MSFT. In the other direction, 91 positions (73.7% of SCHD) are unique to SCHD.