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ETF Comparison

QNDX vs SCHG: Which Is the Better Pick in 2026?

A head-to-head comparison of State Street SPDR Portfolio Nasdaq 100 ETF and Schwab U.S. Large-Cap Growth ETF covering yield, cost, risk, and income potential.

Data updated August 10, 2026

Best for

  • QNDXInvestors who want a growth tilt and can accept bigger swings for higher upside.
  • SCHGInvestors who want higher current income (0.38% while QNDX makes no distribution).

Jump to the side-by-side numbers

Side-by-side snapshot

Side-by-side snapshot. Each row is one metric; each column is one fund.
MetricQNDXSCHG
Full nameState Street SPDR Portfolio Nasdaq 100 ETFSchwab U.S. Large-Cap Growth ETF
IssuerState StreetSchwab
Last Close$24.49 as of August 10, 2026$35.78 as of August 10, 2026
Distribution yield—0.38%
Distribution Safety Score™ —100
Expense ratio0.10%0.04%
AUM$24.9M$62.4B
Distribution frequencyQuarterlyQuarterly
Underlying indexNasdaq-100 IndexDow Jones U.S. Large-Cap Growth Total Stock Market Index
ObjectiveTrack the Nasdaq-100 Index at a low expense ratio for core large-cap growth equity exposure.Seeks to track the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, holding the components ranked 1-750 by full market capitalization that are classified as growth.
Asset classEquityEquity
Inception date06/24/202612/11/2009
Beta—1.21
Last dividend—$0.0340
Ex-dividend date—06/24/2026

— Distribution yield, last dividend, and ex-dividend date are not yet available because QNDX launched June 2026; these fields will populate after the first distribution.

Bottom lineChoose QNDX if you want a growth tilt and can accept bigger swings for higher upside. Choose SCHG if you want higher current income (0.38% while QNDX makes no distribution).

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Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

State Street
ETFs181
Total AUM$2127B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

State Street Global Advisors (SSGA) is one of the largest ETF providers globally, known for its flagship SPDR suite of exchange-traded products that serve both institutional and retail investors across a broad range of asset classes. Their 88-fund lineup spans diverse strategies including sector exposure (Select Sector SPDR), income generation (Income and Select Sector SPDR Premium Income families), commodities (including the widely-held GLD gold ETF), bonds, ESG-focused investments, and thematic allocations, with popular tickers like DIA (Diamonds Trust), FEZ (Eurozone exposure), and JNK (high-yield bonds) among their most recognized funds. The issuer is characterized by its comprehensive coverage across multiple market segments and its emphasis on both traditional index-based products and specialized strategies like covered call income funds and factor-based investing.

See our curated list of related YouTube videos on QNDX.

See all State Street ETFs
Schwab
ETFs34
Total AUM$605B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Schwab is a major provider of low-cost, broad-based ETFs known for making investing accessible to individual investors through its discount brokerage platform. The issuer's fund lineup spans multiple categories including core index funds, dividend and income-focused strategies, factor-based approaches, international exposure, fixed income, and digital assets, with popular core holdings like SCHB (U.S. broad market) and SCHD (dividend appreciation) alongside more specialized thematic offerings. Schwab's ETF suite is characterized by its breadth across asset classes and investment styles, competitive expense ratios, and integration with its retail brokerage ecosystem.

See our curated list of related YouTube videos on SCHG.

See all Schwab ETFs

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Total returns

QNDX has lagged SCHG over the year to date, posting a 1.56% total return against 10.50%. Figures are total returns: price change plus every distribution reinvested.

Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
SymbolYTDSince Jun 2026
QNDX1.56%1.56%
SCHG10.50%8.64%

Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of August 10, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Jun 2026” measures every fund from June 24, 2026 — the youngest fund's first trading day — so all funds share one comparison window.

Quick verdict

QNDX (State Street SPDR Portfolio Nasdaq 100 ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both quarterly-pay ETFs, but they take different approaches.

SCHG currently shows a 0.38% distribution yield. QNDX has not yet established a full distribution history, so a comparable yield figure is not available.

SCHG is cheaper with an expense ratio of 0.04% compared to 0.10%.

They track different benchmarks: QNDX is linked to Nasdaq-100 Index while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index, which means their performance drivers differ.

SCHG has $62.4B in assets vs $24.9M for QNDX, but QNDX only launched June 2026 — AUM comparisons will become more meaningful as it builds a track record.

Deep dive

Yield & income

On a $10,000 investment, QNDX has no reported distribution yield yet, so a monthly income estimate is not available, while SCHG would produce $3.17/month, at current distribution rates. Both pay quarterly distributions.

QNDX yield—
SCHG yield0.38%

Cost & efficiency

Over 10 years on $10,000, QNDX would cost approximately $100 in fees vs $40 for SCHG (simplified, not compounded). The $60.00 difference may be offset by yield or performance.

QNDX ER0.10%
SCHG ER0.04%

Strategy & risk

QNDX tracks Nasdaq-100 Index with a large cap approach, while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index.

QNDX beta—
SCHG beta1.21

Fund details

QNDX is managed by State Street (launched 06/24/2026) with $24.9M in assets. SCHG is managed by Schwab (launched 12/11/2009) with $62.4B in assets.

QNDX AUM$24.9M
SCHG AUM$62.4B
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Frequently asked questions

Which of QNDX or SCHG pays more dividend income?

SCHG currently reports a distribution yield, while QNDX has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.

What is the difference between QNDX and SCHG?

QNDX (State Street SPDR Portfolio Nasdaq 100 ETF) tracks Nasdaq-100 Index with a large cap approach, while SCHG (Schwab U.S. Large-Cap Growth ETF) tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index. They are issued by State Street and Schwab respectively.

Can I hold both QNDX and SCHG?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, QNDX or SCHG?

QNDX has an expense ratio of 0.10% while SCHG charges 0.04%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in QNDX vs SCHG generate?

At current rates, QNDX has not established a distribution history yet, so a monthly income estimate is not available. The same in SCHG would produce about $3.17 per month ($38.00 annually).

Which has performed better historically, QNDX or SCHG?

QNDX has lagged SCHG over the year to date, posting a 1.56% total return against 10.50%. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

More comparisons to explore

QNDX vs SCHG — at a glance

Generated August 8, 2026 from current fund data.

Overview

QNDX and SCHG are both large-cap growth ETFs tracking broad-market indexes, but they differ in scope and breadth. QNDX tracks the technology-heavy Nasdaq-100 Index—a 100-stock benchmark concentrated in mega-cap tech, healthcare, and discretionary names—while SCHG tracks the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, which holds up to 750 stocks classified as growth across all sectors. The key distinction is concentration: QNDX's narrower mandate delivers higher tech exposure; SCHG's larger universe offers more diversification.

How they differ

The most significant difference is index breadth and sector tilt. QNDX targets 100 stocks, many of them technology leaders, while SCHG holds up to 750 large-cap growth stocks across the broader market, reducing concentration in any single sector. Second, SCHG has a much larger asset base at $62.4B compared to QNDX's $24.9M, which affects liquidity and operational stability—SCHG's scale suggests deeper trading volume and lower tracking error risk. Third, SCHG's expense ratio is lower at 0.04% versus QNDX's 0.10%, a meaningful difference on a core holding, and SCHG's distribution rate of 0.38% is higher, reflecting more consistent dividend payouts from its broader stock base.

Who each is best for

QNDX: Fits investors seeking concentrated exposure to the largest technology and growth-focused companies in North America, with a focus on simplicity and ultra-low-cost implementation of a well-known mega-cap tech benchmark.

SCHG: Fits investors who want broad large-cap growth exposure across multiple sectors with lower expense drag and a more mature, highly liquid fund structure, prioritizing diversification over thematic concentration.

Key risks to know

  • Index concentration in QNDX: The Nasdaq-100's skew toward technology and mega-cap positions means downturns in that sector will amplify losses relative to a broader large-cap growth benchmark.
  • Sector overlap: Both funds hold large-cap growth stocks, so their holdings may overlap significantly in mega-cap technology names, meaning investors do not gain much diversification by holding both.
  • Scale and liquidity disparity: QNDX's $24.9M in AUM is considerably smaller than SCHG's $62.4B, which may result in wider bid-ask spreads and higher market-impact costs on larger QNDX trades.
  • Market-cap timing risk: Both ETFs concentrate capital in the largest and often most richly valued stocks; extended periods of value outperformance or growth-to-value rotation could pressure returns for either fund.

Bottom line

If you want a concentrated play on mega-cap technology and growth leaders at minimal cost, QNDX delivers that thesis; if you prefer broad large-cap growth diversification across sectors with lower fees and proven trading liquidity, SCHG stands out. Both track established indexes, but SCHG's scale, lower expense ratio, and broader holdings suit investors seeking a core growth sleeve, whereas QNDX suits those comfortable with higher tech concentration.

AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.

Learn the method

The metrics behind this comparison, explained in the Academy.

Dividend growth vs. high yield Yield on cost, explained How expense ratios eat returns

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