SCHD vs QQQ: Dividend Yield, Total Return & Fees Compared

Schwab U.S. Dividend Equity ETFInvesco QQQ Trust ETF

Data as of the close · refreshed automatically every trading day

Higher yieldSCHD3.18% vs 0.42%
Better 1-year total returnSCHD+27.35% vs +26.02%
Better 5-year total returnQQQ+105.44% vs +57.83%
Lower expense ratioSCHD0.06% vs 0.20%

SCHD vs QQQ at a glance

Schwab U.S. Dividend Equity ETF (SCHD) and Invesco QQQ Trust ETF (QQQ) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, SCHD returned +27.35% with dividends reinvested, compared with +26.02% for QQQ. SCHD currently yields 3.18% (trailing 12-month) against 0.42% for QQQ. Across five years the total-return gap is +105.44% for QQQ vs +57.83% for SCHD.

SCHD leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.

Key figures for SCHD and QQQ
MetricSCHDQQQ
Last close$33.21$744.50
Dividend yield3.18% (TTM)0.42% (TTM)
Expense ratio0.06%0.20%
Paysquarterlyquarterly
Dividends, last 12 months$1.06 (4 payments)$3.09 (4 payments)
IssuerSchwabInvesco
InceptionOct 21, 2011Mar 11, 1999

Performance: SCHD vs QQQ

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

SCHDQQQ

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
SCHDSchwab U.S. Dividend Equity ETF
3.18%
+27.35%Best$33.21$0.267QuarterlySchwab
QQQInvesco QQQ Trust ETF
0.42%
+26.02%$744.50$0.751QuarterlyInvesco

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
SCHDSchwab U.S. Dividend Equity ETF-4.65%+4.74%+10.49%+27.35%+28.43%+57.83%
QQQInvesco QQQ Trust ETF+4.86%+4.03%+26.92%+26.02%+54.78%+105.44%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
SCHDSchwab U.S. Dividend Equity ETF$0.267Sep 23, 2026+5.53%$1.0554 payoutsDec 6, 2023: $0.25Mar 20, 2024: $0.20Jun 26, 2024: $0.27Sep 25, 2024: $0.25Dec 11, 2024: $0.265Mar 26, 2025: $0.249Jun 25, 2025: $0.26Sep 24, 2025: $0.26Dec 10, 2025: $0.278Mar 25, 2026: $0.257Jun 24, 2026: $0.253Sep 23, 2026: $0.267
QQQInvesco QQQ Trust ETF$0.751Sep 21, 2026-7.63%$3.0914 payoutsDec 27, 2023: $0.216Mar 18, 2024: $0.573Jun 24, 2024: $0.762Sep 23, 2024: $0.677Dec 23, 2024: $0.835Mar 24, 2025: $0.716Jun 23, 2025: $0.591Sep 22, 2025: $0.694Dec 22, 2025: $0.794Mar 23, 2026: $0.733Jun 22, 2026: $0.813Sep 21, 2026: $0.751

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

SCHDQQQ
Sep 23, 2026$0.267Sep 21, 2026$0.751
Jun 24, 2026$0.253Jun 22, 2026$0.813
Mar 25, 2026$0.257Mar 23, 2026$0.733
Dec 10, 2025$0.278Dec 22, 2025$0.794
Sep 24, 2025$0.260Sep 22, 2025$0.694
Jun 25, 2025$0.260Jun 23, 2025$0.591
Mar 26, 2025$0.249Mar 24, 2025$0.716
Dec 11, 2024$0.265Dec 23, 2024$0.835
Sep 25, 2024$0.250Sep 23, 2024$0.677
Jun 26, 2024$0.270Jun 24, 2024$0.762
Mar 20, 2024$0.200Mar 18, 2024$0.573
Dec 6, 2023$0.250Dec 27, 2023$0.216

SCHD vs QQQ: common questions

Which pays a higher dividend, SCHD or QQQ?

As of September 25, 2026, SCHD yields 3.18% (trailing 12-month) and QQQ yields 0.42% (trailing 12-month), so SCHD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, SCHD or QQQ?

Over the past year with dividends reinvested, SCHD returned +27.35% and QQQ returned +26.02%. Over five years, SCHD returned +57.83% and QQQ returned +105.44%. Past performance does not predict future results.

What would $10,000 in SCHD vs QQQ be worth after one year?

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $12,735 in SCHD and $12,602 in QQQ.

Which is cheaper to own, SCHD or QQQ?

SCHD has the lower expense ratio at 0.06% a year, compared with 0.20% for QQQ. On $10,000 that is roughly $6 vs $20 a year.

How often do SCHD and QQQ pay dividends?

SCHD pays quarterly (4 payments in the last 12 months) and QQQ pays quarterly (4 payments).

Is SCHD or QQQ the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Related comparisons

More side-by-side comparisons with SCHD and QQQ.

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.