Fund face-off

SCHG vs QQQM: which is better for you?

Updated October 8, 2026 · 4 min read · By the Compound Wealth Calc team

SCHG and QQQM both focus on fast-growing companies, and both lean on big tech.

The short answer

QQQM has grown faster over the last 10 years, but SCHG costs much less (0.04% vs 0.15%) and holds more companies.

SCHG vs QQQM at a glance

	SCHG	QQQM
Made by	Schwab	Invesco
Type	ETF	ETF
Follows	Dow Jones U.S. Large-Cap Growth Total Stock Market	Nasdaq-100
What it owns	a few hundred large U.S. growth companies	100 large non-financial Nasdaq companies
Yearly fee	0.04%	0.15%
Dividend yield (approx.)	0.4%	0.6%
10-year yearly return (approx.)	17.0%	19.0%
Typical swings	High	High

Returns and yields are rounded estimates through mid-2026. Fees are each fund's yearly expense ratio.

What is SCHG?

SCHG owns large U.S. companies that are growing fast. It holds more than just tech, but tech is its biggest part. Its fee is very low.

What is QQQM?

QQQM follows the same Nasdaq-100 list as QQQ, at a lower fee. It started in 2020, so its 10-year number uses the index's record.

Growth: $200 every paycheck

Here's what $200 every two weeks could grow to at each fund's approximate 10-year yearly return:

After	SCHG	QQQM
10 years	$125,703	$139,870
20 years	$729,934	$936,383
30 years	$3,634,371	$5,472,274

At these past rates, QQQM ends up about $1,837,903 ahead after 30 years. Past returns don't promise future ones, so treat this as a "what if," not a forecast.

Fees

Yearly fee	SCHG	QQQM
Per $10,000 invested	$4	$15
On the 30-year balance	$1,454	$8,208

Lower fees leave more money growing for you. See why small fees add up.

Dividends

	SCHG	QQQM
Dividends a year on the 30-year balance	$14,537	$32,834

Risk

SCHG's typical swings are high, and QQQM's are high. Funds that hold fewer kinds of companies tend to rise and fall more. The best fund is one you can hold through a bad year without selling.

Which one fits you?

Pick SCHG if you want growth stocks with a very low fee and a few more companies.
Pick QQQM if you want the Nasdaq-100 and are comfortable with a little more risk.

Put SCHG and QQQM side by side with your own paycheck amount.

Compare them

Quick answers

Is SCHG better than QQQM?

QQQM has grown faster over the last 10 years, but SCHG costs much less (0.04% vs 0.15%) and holds more companies.

Which has lower fees, SCHG or QQQM?

SCHG charges 0.04% a year and QQQM charges 0.15%. SCHG is cheaper.

Which pays more dividends, SCHG or QQQM?

SCHG has paid about 0.4% a year and QQQM about 0.6%. Yields change over time.

Do SCHG and QQQM overlap?

Yes. They share many of the same giant companies.

Keep learning

This article is for learning only. It is not financial, tax or legal advice. Example returns are not promises. Talk to a licensed professional about your own situation.