ETF Comparison
QQQ vs QQQM vs SCHG vs VUG: Which Is the Better Pick in 2026?
A side-by-side comparison of Invesco QQQ Trust, Invesco NASDAQ 100 ETF, Schwab U.S. Large-Cap Growth ETF and Vanguard Growth ETF covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| QQQ | QQQM | SCHG | VUG | |
|---|---|---|---|---|
| Full name | Invesco QQQ Trust | Invesco NASDAQ 100 ETF | Schwab U.S. Large-Cap Growth ETF | Vanguard Growth ETF |
| Issuer | Invesco | Invesco | Schwab | Vanguard |
| Price | $584.31 | $240.57 | $29.41 | $441.56 |
| Distribution yield | 0.46% | 0.50% | 0.38% | 0.44% |
| Expense ratio | 0.18% | 0.15% | 0.04% | 0.03% |
| AUM | $395.0B | $70.7B | $50.5B | $335.9B |
| Distribution frequency | Quarterly | Quarterly | Quarterly | Quarterly |
| Underlying index | Nasdaq-100 Index | NASDAQ-100 Index | Dow Jones U.S. Large-Cap Growth Total Stock Market Index | CRSP US Large Cap Growth Index |
| Objective | Track the Nasdaq-100 Index, which includes 100 of the largest non-financial Nasdaq stocks. | Track the NASDAQ-100 Index with a lower expense ratio alternative to QQQ. | Capital Appreciation | Track the CRSP US Large Cap Growth Index for diversified exposure to U.S. growth equities. |
| Asset class | Equity | Equity | Equity | Equity |
| Inception date | 03/10/1999 | 10/13/2020 | 12/11/2009 | 01/26/2004 |
| Beta | 1.15 | 1.15 | 1.19 | 1.21 |
| Last dividend | $0.73 | $0.33 | $0.04 | $0.48 |
| Ex-dividend date | 03/23/2026 | 03/23/2026 | 03/25/2026 | 03/27/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
QQQ (Invesco QQQ Trust), QQQM (Invesco NASDAQ 100 ETF), SCHG (Schwab U.S. Large-Cap Growth ETF), VUG (Vanguard Growth ETF) are popular dividend ETFs that take different approaches.
QQQM offers the highest yield at 0.50%, followed by QQQ at 0.46%, VUG at 0.44%, SCHG at 0.38%.
VUG is the cheapest with an expense ratio of 0.03%, compared to 0.04% for SCHG and 0.15% for QQQM and 0.18% for QQQ.
QQQ is the largest fund by assets ($395.0B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment: QQQ generates ~$3.83/month, QQQM generates ~$4.17/month, SCHG generates ~$3.17/month, VUG generates ~$3.67/month at current distribution rates.
Cost & efficiency
Over 10 years on $10,000: QQQ costs ~$180, QQQM costs ~$150, SCHG costs ~$40, VUG costs ~$30 in fees (simplified, not compounded).
Strategy & risk
QQQ tracks Nasdaq-100 Index with a track the nasdaq-100 index, which includes 100 of the largest non-financial nasdaq stocks. approach; QQQM tracks NASDAQ-100 Index with a track the nasdaq-100 index with a lower expense ratio alternative to qqq. approach; SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index with a capital appreciation approach; VUG tracks CRSP US Large Cap Growth Index with a track the crsp us large cap growth index for diversified exposure to u.s. growth equities. approach.
Fund details
QQQ is managed by Invesco (launched 03/10/1999) with $395.0B in assets. QQQM is managed by Invesco (launched 10/13/2020) with $70.7B in assets. SCHG is managed by Schwab (launched 12/11/2009) with $50.5B in assets. VUG is managed by Vanguard (launched 01/26/2004) with $335.9B in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Which of QQQ, QQQM, SCHG, and VUG is best for dividend income?
It depends on your goals. QQQM currently offers the highest distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between QQQ, QQQM, SCHG, and VUG?
QQQ (Invesco QQQ Trust) tracks Nasdaq-100 Index with a track the nasdaq-100 index, which includes 100 of the largest non-financial nasdaq stocks. strategy, issued by Invesco. QQQM (Invesco NASDAQ 100 ETF) tracks NASDAQ-100 Index with a track the nasdaq-100 index with a lower expense ratio alternative to qqq. strategy, issued by Invesco. SCHG (Schwab U.S. Large-Cap Growth ETF) tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index with a capital appreciation strategy, issued by Schwab. VUG (Vanguard Growth ETF) tracks CRSP US Large Cap Growth Index with a track the crsp us large cap growth index for diversified exposure to u.s. growth equities. strategy, issued by Vanguard.
Can I hold QQQ, QQQM, SCHG, and VUG together?
Yes. Many income investors hold multiple dividend ETFs to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has the lowest fees among QQQ, QQQM, SCHG, and VUG?
QQQ has an expense ratio of 0.18%, QQQM has an expense ratio of 0.15%, SCHG has an expense ratio of 0.04%, VUG has an expense ratio of 0.03%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 generate in each?
$10,000 in QQQ yields ~$3.83/month ($46.00/year). $10,000 in QQQM yields ~$4.17/month ($50.00/year). $10,000 in SCHG yields ~$3.17/month ($38.00/year). $10,000 in VUG yields ~$3.67/month ($44.00/year).
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