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ETF comparison

QQQ vs SCHM

US Large Cap Growth vs US Mid Cap.

Invesco QQQ Trust · Schwab U.S. Mid-Cap ETF

Holdings overlap

Weighted by ISIN/CUSIP
1.7 %

2 positions appear in both funds. Buying equal dollars of QQQ and SCHM would leave roughly 1.7% of each dollar exposed to the same underlying securities.

QQQ unmatched 98.2% Shared 1.7% SCHM unmatched 98.1%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In QQQ only
100 positions
Shared
2 positions
In SCHM only
494 positions

Side by side

QQQ

Invesco QQQ Trust

Invesco · US Large Cap Growth

83 composite / 100
Expense ratio
0.18%
Net assets
$498.95B
TTM yield
0.44%
Top-10 conc.
45.0%
SCHM

Schwab U.S. Mid-Cap ETF

Schwab · US Mid Cap

96 composite / 100
Expense ratio
0.030%
Net assets
$14.32B
TTM yield
1.29%
Top-10 conc.
13.3%

Sub-score comparison

82
Cost
97
90
Tax efficiency
88
100
Liquidity
100
50
Concentration
95
—
Tracking quality
—
QQQ sub-score SCHM

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SCHM is 15 bps cheaper than QQQ. On a $100,000 position that's about $150/yr more in fees for QQQ.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with QQQ vs SCHM.

Top shared holdings

2 shared in total
# Holding In QQQ In SCHM Overlap
1 Sandisk Corp. 1.46% 4.64% 1.46%
2 Lumentum Holdings Inc. 0.29% 1.13% 0.29%

Only in QQQ

100 total
  • NVIDIA Corp. 7.60%
  • Apple Inc. 6.67%
  • Micron Technology, Inc. 5.64%
  • Microsoft Corp. 4.35%
  • Advanced Micro Devices, Inc. 4.10%
  • Amazon.com, Inc. 4.02%
  • Tesla, Inc. 3.30%
  • Alphabet Inc. 3.27%
  • Intel Corp. 3.04%
  • Alphabet Inc. 3.02%

Only in SCHM

494 total
  • Ciena Corp 1.52%
  • Bloom Energy Corp 1.36%
  • Coherent Corp 1.26%
  • Flex Ltd 1.03%
  • Steel Dynamics Inc 0.66%
  • Revolution Medicines Inc 0.57%
  • Tapestry Inc 0.55%
  • Twilio Inc 0.54%
  • Casey's General Stores Inc 0.53%
  • AST SpaceMobile Inc 0.52%

Percentages are holdings overlap with the named fund.

Open QQQ or SCHM at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.