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How do SCHD and QQQ perform compared to other cryptocurrencies?

avatarKham ChanDec 27, 2021 · 3 years ago3 answers

Can you provide a detailed comparison of the performance of SCHD and QQQ in comparison to other cryptocurrencies? How do they fare in terms of price movement, market capitalization, and overall growth?

How do SCHD and QQQ perform compared to other cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When it comes to comparing the performance of SCHD and QQQ with other cryptocurrencies, it's important to note that SCHD and QQQ are not cryptocurrencies themselves. SCHD is an ETF that tracks the performance of high dividend yielding US stocks, while QQQ is an ETF that tracks the performance of the Nasdaq 100 index. Therefore, it wouldn't be accurate to directly compare their performance with cryptocurrencies. However, if you're looking for investment options that are more closely tied to traditional stock markets, SCHD and QQQ can be considered as potential choices.
  • avatarDec 27, 2021 · 3 years ago
    SCHD and QQQ are not cryptocurrencies, so it wouldn't be fair to compare their performance with other cryptocurrencies. SCHD is an ETF that focuses on high dividend yielding US stocks, while QQQ tracks the performance of the Nasdaq 100 index. If you're interested in investing in cryptocurrencies, it's better to look at options like Bitcoin, Ethereum, or other altcoins. However, if you're looking for exposure to the stock market, SCHD and QQQ can be good choices.
  • avatarDec 27, 2021 · 3 years ago
    While SCHD and QQQ are not cryptocurrencies themselves, they can still be compared to other cryptocurrencies in terms of their performance. SCHD and QQQ are both popular ETFs that have shown consistent growth over the years. However, it's important to note that their performance is tied to the performance of the underlying stocks or index they track, rather than the overall cryptocurrency market. Therefore, if you're specifically interested in cryptocurrencies, it's better to focus on coins like Bitcoin, Ethereum, or other altcoins.