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ETF Comparisons

SCHD vs. SQQQ

Schwab US Dividend Equity ETF

SCHD
$--
vs

ProShares UltraPro Short QQQ

SQQQ
$--

Correlation

-0.74

Compare with

Top 10 comparisons with SCHD:
Compare:
SCHD
Correlation
With:
SQQQ
ProShares UltraPro Short QQQ
-0.74
SwitchVYMVanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF0.98SCHVSchwab Strategic Trust - Schwab U.S. Large-Cap Value ETF0.98DTDWisdomTree Trust - WisdomTree U.S. Total Dividend Fund0.98VTVVanguard Group, Inc. - Vanguard Value ETF0.98DIVBBlackRock Institutional Trust Company N.A. - iShares Core Dividend ETF0.97DGROBlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF0.97NULVNuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF0.97DLNWisdomTree Trust - WisdomTree U.S. LargeCap Dividend Fund0.97ILCVBlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF0.97PRFInvesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF0.97

Top 10 shared holdings

The top 10 holdings shared by SCHD and SQQQ:

There are no shared holdings.
Invest with SCHD
Learn more about SQQQ
SCHDSchwab US Dividend Equity ETF
SQQQProShares UltraPro Short QQQ

What is SCHD?

The ETF seeks investment results that track, as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100 Index. Provides exposure to high dividend yielding stocks issued by U.S. companies that have a record of consistently paying dividends and have strong relative fundamental strength based on select financial ratios.

Snapshot
**

SCHD Schwab US Dividend Equity ETF
SQQQ ProShares UltraPro Short QQQ
Inception date
Oct 20 2011
Feb 09 2010
Expense ratio
0.06%
0.95%
SCHD has a lower expense ratio than SQQQ by 0.88%. This can indicate that it’s cheaper to invest in SCHD than SQQQ.
Type
US Equities
US Equities
SCHD targets investing in US Equities, while SQQQ targets investing in US Equities.
Fund owner
Schwab
ProShares
SCHD is managed by Schwab, while SQQQ is managed by ProShares.
Volume (1m avg. daily)
$191,902,599
$2,217,551,125
Both SCHD and SQQQ are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$47,737,029,197
$4,455,851,279
SCHD has more assets under management than SQQQ by $43,281,177,918. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Dow Jones U.S. Dividend 100 Index
Nasdaq 100 Index
SCHD is based off of the Dow Jones U.S. Dividend 100 Index, while SQQQ is based off of the Nasdaq 100 Index
Inverse/Leveraged
No
Inverse (-3x)
SCHD uses undefined, while SQQQ uses Inverse (-3x). Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
SCHD and SQQQ both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
Yes
No
SCHD may offer dividends, while SQQQ does not. The frequency and yield of the dividend for SCHD may vary.
Prospectus
View
View
Neither SCHD nor SQQQ require a K1.
When ETFs are inversely correlated, they can be used in actively traded strategies (multiple trades per week) to take positions in opposing directions. For example, if you believe SCHD is going to fall, it would make sense to invest in SQQQ, as based on historical data, when SCHD decreases in value, SQQQ tends to increase in value.

Automated Strategies
Related toSCHD

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Automated Strategies
Related toSQQQ

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.