QQQG vs SCHG: Grades, Fees and Holdings Compared

Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF

QQQGCNasdaq

Schwab U.S. Large-Cap Growth ETF

SCHGANYSE Arca

Overlap

18.8%by weight

Expense ratio

SCHG −0.45pt a year

QQQG0.49%SCHG0.04%

Avg volume · 30D

SCHG 284.8×the volume

QQQG26.7KSCHG7.59M

QQQG vs SCHG Performance

Oct 31, 2025 – Oct 30, 2026

+17.7%QQQG+3.3%SCHG

Expense ratio: QQQG 0.49%; SCHG 0.04%, better
Fund size: QQQG $54M; SCHG $61.7B
1Y total return: QQQG +17.7%, better; SCHG +3.3%
Yield (12M): QQQG 0.07%; SCHG 0.40%, better
Holdings: QQQG 51; SCHG 187
Avg volume (30D): QQQG 26.7K sh; SCHG 7.59M sh, better
NAV per share: QQQG $29.12; SCHG $34.31
52W range

ETF.net Grade

Pillar letters and Scores for QQQG, SCHG, with each pillar’s weight
Pillar	QQQG	SCHG
Cost30% weight	F18	A96Higher
Mission25% weight	A82	A92Higher
Risk15% weight	C47Higher	C41
Tradability15% weight	C44	A87Higher
Holdings10% weight	C50Higher	D36
Durability5% weight	F17	A75Higher

Rank among US Growth Index funds

How we build Categories ›

Same Category. QQQG and SCHG are both graded against the same 35 US Growth Index funds, so their Grades compare head to head.

US Growth Index⁠

Category · 35 funds

See all 35 ›

SCHG ranks 2nd and QQQG 28th of 35 funds in the US Growth Index Category.

Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 84
Rank 2AILCGiShares Morningstar Growth ETFScore 78
Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78
Rank 2ASCHGSchwab U.S. Large-Cap Growth ETFScore 78
Rank 5AVUGVanguard Morningstar Growth ETFScore 77
Rank 28CPRXGPraxis Impact Large Cap Growth ETFScore 45
Rank 28CQQQGPacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETFScore 45
Rank 32CQMIDWisdomTree U.S. MidCap Quality Growth FundScore 40

Our read on each fund

ETF.net Research

QQQGCPacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF

SCHGASchwab U.S. Large-Cap Growth ETF

In short

QQQG Pacer took its Cash Cows playbook up to the Nasdaq-100: screen the index for free-cash-flow strength and momentum, then keep about 50 names. A concentrated growth sleeve with a boutique price tag.

SCHG Schwab's growth workhorse: roughly 200 large-cap U.S. growth names for four basis points, one of the cheapest tickets in a crowded category. Running since 2009 and among the most heavily traded growth funds around.

Stated mandate

QQQG The fund seeks to track the Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders Index before fees and expenses. Its rules-based approach screens Nasdaq-100 companies using projected cash-flow and earnings measures, free-cash-flow margin, and price momentum.

SCHG SCHG seeks to track, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. It generally invests in stocks included in that index, which represents large-cap U.S. growth equities.

Why people hold it

QQQG Rules-based, not a stock picker's wish list. The screen ranks Nasdaq-100 companies on projected cash flow and earnings, free-cash-flow margin, and price momentum.paceretfs.com
Concentrated on purpose: about 50 holdings instead of the full Nasdaq-100, so the cash-flow leaders the index picks carry real weight in the portfolio.
Profitability sits inside the screen, so the roster tilts toward Nasdaq-100 names that actually convert business into free cash flow, with quarterly distributions.

SCHG 0.04% a year against a growth-category median of 0.18%. Costs sit near the floor of the group.
Hews closely to the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, one of the tighter index implementations in its peer group.
Live since 2009, a multi-billion-dollar fund, and one of the busier tickers in the growth aisle, so entering and exiting is usually cheap and easy.
The benchmark is carved out of a total-market growth index, not S&P 500 membership, so a stock does not need an index committee's nod to qualify.

Worth knowing

QQQG 0.49% a year is a premium for growth exposure. Broad rivals such as VUG (0.03%) and SCHG (0.04%) deliver plain large-cap growth for single-digit basis points.
Small asset base and thin trading. Spreads can run wider than the household-name growth funds, which matters most on larger or hurried orders.
Launched in 2024, so the screen has yet to be tested across a full market cycle. Judge it on the rules, not on a long record.

SCHG Growth-only by design. Value and dividend-heavy corners of the market sit outside the mandate, so the ride differs from a total-market fund.
Large-cap U.S. only, roughly 200 stocks. No mid-caps, no small-caps, nothing overseas.
VUG charges a hair less for a similar broad-growth mandate. A tiny gap, but it is there. Distributions here arrive quarterly.

Full QQQG profile⁠

Full SCHG profile⁠

QQQG vs SCHG Holdings

As of Oct 23, 2026

How QQQG and SCHG differ

Overlap by weight

18.8%

Shared holdings make up 69.4% of QQQG and 51.2% of SCHG.

Level by level

Holdings30 in both18.8%
Sector11 Sectors70.5%
Countryby domicile99.2%
Asset classEquity100%

Sector

Sector weights in QQQG and SCHG, widest gap first
Sector	More in QQQGMore in SCHG	QQQG	SCHG
Technology	QQQG +27.9 points	82.2%	54.3%
Communication	SCHG +12.3 points	1.4%	13.7%
Consumer Discretionary	SCHG +7.4 points	2.7%	10.1%
Financials	SCHG +5.0 points	0.0%	5.0%
Industrials	SCHG +3.3 points	3.7%	7.0%
Materials	SCHG +0.9 points	0.0%	0.9%
Energy	QQQG +0.9 points	1.6%	0.7%
Health Care	QQQG +0.5 points	7.1%	6.6%
Utilities	SCHG +0.4 points	0.0%	0.4%
Real Estate	SCHG +0.3 points	0.0%	0.3%
Consumer Staples	QQQG +0.3 points	1.4%	1.1%

Country, concentration and asset class

Country by domicile

Country weights in QQQG and SCHG, widest gap first
Country	More in QQQGMore in SCHG	QQQG	SCHG
Brazil	QQQG +0.8 points	0.8%	0.0%
United States	SCHG +0.6 points	99.2%	99.8%
China	SCHG +0.2 points	0.0%	0.2%

Concentration

Weight in the 10 largest Holdings

QQQG48.7%
SCHG59.9%

Securities held

QQQG50
SCHG187

Asset class

QQQG: Equity
SCHG: Equity

Holdings

Only in QQQG20
In both30
Only in SCHG157

Only in QQQG

20 securities, 30.5% of QQQG by weight

Marvell Technology Inc5.57%
Cisco Systems Inc2.33%
CSX Corp2.02%
Texas Instruments Inc1.88%
Monster Beverage Corp1.62%
Analog Devices Inc1.59%
Lam Research Corp1.50%
Old Dominion Freight Line Inc1.47%
Amgen Inc1.43%
Automatic Data Processing Inc1.32%
Dexcom Inc1.31%
Paychex Inc1.27%
NXP Semiconductors NV1.09%
QUALCOMM Inc1.07%
Gilead Sciences Inc1.06%
Microchip Technology Inc0.92%
MercadoLibre Inc0.88%
Adobe Inc0.81%
Netflix Inc0.75%
Copart Inc0.66%

Only in SCHG

157 securities, 48.8% of SCHG by weight

Amazon Com Inc5.60%
Alphabet Class A3.90%
Meta Platforms Class A3.74%
Alphabet Class C3.14%
Tesla Inc3.09%
Eli Lilly2.98%
Visa Class A1.90%
Mastercard Class A1.40%
Costco Wholesale Corp1.20%
UnitedHealth Group1.00%
Applied Material Inc0.91%
Ge Aerospace0.88%
Caterpillar Inc0.81%
Thermo Fisher Scientific0.71%
Ge Vernova0.64%
Linde PLC0.63%
Arista Networks0.52%
Walt Disney0.52%
BlackRock0.46%
Deere0.45%
Eaton PLC0.41%
S&P Global0.38%
Boeing0.37%
Uber Technologies0.36%
Parker-Hannifin0.32%
Snowflake0.31%
Mckesson Corp0.31%
Servicenow0.31%
Phillips0.30%
Equinix Reit0.28%
Cloudflare Class A0.27%
Quanta Services Inc0.26%
Trane Technologies PLC0.26%
Vertiv Holdings Class A0.26%
Constellation Energy Corp0.24%
Marriott International Class A0.23%
Howmet Aerospace0.22%
Lumentum Holdings0.22%
Hilton Worldwide Holdings0.22%
Royal Caribbean Group0.21%
Sherwin Williams0.21%
United Rentals0.20%
Moodys0.20%
Robinhood Markets Class A0.20%
Doordash Class A0.18%
Targa Resources0.18%
Kkr and Co Inc0.18%
Te Connectivity PLC0.18%
Transdigm Group0.18%
Natera0.17%

Weight gaps

All 30 Holdings in both funds, largest gap first.

Holding weights in QQQG and SCHG, widest gap first
Holding	More in QQQGMore in SCHG	QQQG	SCHG
NVIDIA CorpNVDA	SCHG +10.96 points	1.14%	12.10%
Apple IncAAPL	SCHG +10.21 points	1.71%	11.92%
Microsoft CorpMSFT	SCHG +7.91 points	1.30%	9.21%
Datadog IncDDOG	QQQG +5.43 points	5.67%	0.24%
Sandisk CorpSNDK	QQQG +5.14 points	5.67%	0.53%
Fortinet IncFTNT	QQQG +4.74 points	4.97%	0.23%
Astera Labs IncALAB	QQQG +4.08 points	4.20%	0.12%
Western Digital CorpWDC	QQQG +3.95 points	4.34%	0.39%
Seagate Technology Holdings PLCSTX	QQQG +3.82 points	4.25%	0.43%
Crowdstrike Holdings IncCRWD	QQQG +3.27 points	3.99%	0.72%
Palo Alto Networks IncPANW	QQQG +3.09 points	3.93%	0.84%
Broadcom IncAVGO	SCHG +3.02 points	1.18%	4.20%
Advanced Micro Devices IncAMD	QQQG +2.78 points	5.29%	2.51%
Micron Technology IncMU	QQQG +1.85 points	4.71%	2.86%
Diamondback Energy IncFANG	QQQG +1.74 points	1.85%	0.11%
Airbnb IncABNB	QQQG +1.26 points	1.45%	0.19%
Cadence Design Systems IncCDNS	QQQG +1.09 points	1.35%	0.26%
Roper Technologies IncROP	QQQG +1.03 points	1.15%	0.12%
Kla CorpKLAC	QQQG +0.97 points	1.56%	0.59%
Workday IncWDAY	QQQG +0.93 points	1.04%	0.11%
Regeneron Pharmaceuticals IncREGN	QQQG +0.92 points	1.14%	0.22%
Autodesk IncADSK	QQQG +0.78 points	0.92%	0.14%
Vertex Pharmaceuticals IncVRTX	QQQG +0.77 points	1.14%	0.37%
IDEXX Laboratories IncIDXX	QQQG +0.66 points	0.78%	0.12%
Synopsys IncSNPS	QQQG +0.63 points	0.89%	0.26%
AppLovin CorpAPP	QQQG +0.45 points	0.64%	0.19%
Booking Holdings IncBKNG	QQQG +0.42 points	0.73%	0.31%
Intuit IncINTU	QQQG +0.42 points	0.67%	0.25%
Intuitive Surgical IncISRG	QQQG +0.36 points	0.79%	0.43%
Palantir Technologies IncPLTR	SCHG +0.26 points	0.97%	1.23%

All 52 QQQG holdings⁠All 189 SCHG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

QQQG vs SCHG Cost

Overpaying QQQG vs SCHG

$8,943

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

QQQG 0.49%
$9,792
SCHG 0.04%
$849

Amount$10,000

Years30 years

Cost over time

QQQG 0.49%
SCHG 0.04%
Overpaying

Year by year

Year	QQQG	SCHG	Overpaying
10	$883	$73	$810
20	$3,394	$288	$3,106
30	$9,792	$849	$8,943

Expense ratio

0.49%QQQG
0.04%SCHG, cheaper

SCHG0.04%QQQG0.49%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

SCHG 2nd cheapest of 35 funds

QQQG 28th cheapest of 35 funds

QQQG vs SCHG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): QQQG 0.07%; SCHG 0.40%, better
Payout (12M): QQQG $0.02; SCHG $0.14
Last payment: QQQG $0.01; SCHG $0.04
Ex-dividend: QQQG Sep 3, 2026; SCHG Sep 23, 2026
Paid on: QQQG Sep 8, 2026; SCHG Sep 28, 2026
Frequency: QQQG Quarterly; SCHG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

QQQGQuarterly · 8 paymentsAll QQQG payments⁠

SCHGQuarterly · 42 paymentsAll SCHG payments⁠

QQQG vs SCHG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: QQQG 23.3%since Sep 2024SCHG 16.5%
Return per unit of riskSharpe ratio, 3 years: QQQG 0.61since Sep 2024SCHG 1.16
Worst fallMax drawdown, 5 years: QQQG −23.6%since Aug 2024SCHG −34.6%
Market sensitivityBeta, 5 years: QQQG 1.41SCHG 1.20; Market = 1

QQQG and SCHG in the news

All news⁠

Best ETFs
The best growth ETF is the cheap one on the index you want
Updated Nov 2, 2026SCHG
Best ETFs
The cheap large-cap growth pick is the S&P 500 list
Updated Oct 2, 2026SCHG

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QQQG vs SCHG

In short

Stated mandate

Why people hold it

Worth knowing

How QQQG and SCHG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in QQQG

Only in SCHG

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The best growth ETF is the cheap one on the index you want

The cheap large-cap growth pick is the S&P 500 list

How QQQG and SCHG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in QQQG

Only in SCHG

Weight gaps