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ETF comparison

QQQM vs SCHB

US Large Cap Growth vs US Total Market.

Invesco NASDAQ 100 ETF · Schwab U.S. Broad Market ETF

Holdings overlap

Weighted by ISIN/CUSIP
48.5 %

93 positions appear in both funds. Buying equal dollars of QQQM and SCHB would leave roughly 48.5% of each dollar exposed to the same underlying securities.

QQQM unmatched 51.4% Shared 48.5% SCHB unmatched 51.3%

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 QQQM only
10 positions
Shared
93 positions
In SCHB only
2,279 positions

Side by side

QQQM

Invesco NASDAQ 100 ETF

Invesco · US Large Cap Growth

84 composite / 100
Expense ratio
0.15%
Net assets
$106.03B
TTM yield
0.47%
Top-10 conc.
46.3%
SCHB

Schwab U.S. Broad Market ETF

Schwab · US Total Market

91 composite / 100
Expense ratio
0.030%
Net assets
$44.23B
TTM yield
1.06%
Top-10 conc.
33.7%

Sub-score comparison

85
Cost
97
90
Tax efficiency
88
100
Liquidity
100
48
Concentration
66
—
Tracking quality
—
QQQM sub-score SCHB

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

Cost difference

SCHB is 12 bps cheaper than QQQM. On a $100,000 position that's about $120/yr more in fees for QQQM.

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 QQQM vs SCHB.

Top shared holdings

93 shared in total
# Holding In QQQM In SCHB Overlap
1 NVIDIA Corp. 8.51% 7.20% 7.20%
2 Apple Inc. 7.41% 6.27% 6.27%
3 Microsoft Corp. 6.00% 5.08% 5.08%
4 Amazon.com, Inc. 4.45% 3.42% 3.42%
5 Alphabet Inc. 3.15% 2.68% 2.68%
6 Broadcom Inc. 2.80% 2.36% 2.36%
7 Alphabet Inc. 2.92% 2.13% 2.13%
8 Meta Platforms, Inc. 2.70% 1.69% 1.69%
9 Micron Technology, Inc. 4.76% 1.46% 1.46%
10 Tesla, Inc. 2.93% 1.39% 1.39%
11 Advanced Micro Devices, Inc. 3.38% 1.03% 1.03%
12 Walmart Inc. 2.25% 0.62% 0.62%

Only in QQQM

10 total
  • Shopify Inc. 0.79%
  • ASML Holding N.V. 0.68%
  • ARM Holdings PLC 0.45%
  • MercadoLibre, Inc. 0.43%
  • PDD Holdings Inc. 0.25%
  • Coca-Cola Europacific Partners PLC 0.21%
  • Nebius Group N.V. 0.20%
  • Ferrovial N.V. 0.19%
  • Thomson Reuters Corp. 0.18%
  • Invesco Government & Agency Portfolio 0.12%

Only in SCHB

2,279 total
  • JPMorgan Chase & Co 1.28%
  • Berkshire Hathaway Inc 1.24%
  • Eli Lilly & Co 1.23%
  • ExxonMobil Holdings Corp 0.90%
  • Johnson & Johnson 0.86%
  • Visa Inc 0.85%
  • Mastercard Inc 0.64%
  • AbbVie Inc 0.61%
  • Bank of America Corp 0.54%
  • Chevron Corp 0.52%

Percentages are holdings overlap with the named fund.

Open QQQM or SCHB 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.