💡 Key Analysis Summary
QQQ: Tracks the Nasdaq-100 Index of the 100 largest non-financial companies listed on the Nasdaq, offering concentrated exposure to global AI and technology leaders.
SCHD: Tracks the Dow Jones U.S. Dividend 100 Index, focusing on high-quality U.S. companies with at least 10 consecutive years of dividend payments and strong fundamental metrics.
🔍 QQQ + SCHD 포트폴리오 시너지 진단
- 바벨(Barbell) 전략 시너지: 두 종목의 배당수익률 격차가 커서, 한쪽이 성장 엔진 역할을 하고 다른 한쪽이 현금흐름·방어막 역할을 수행합니다.
- 실측 분산 효과: 2011-11~2026-11 기간 두 종목의 상관계수는 0.62이며, 50:50 혼합 시 QQQ 단독 투자 대비 최대 낙폭(MDD)을 9.1%p 방어했습니다.
- 최적 위험 대비 수익: 과거 데이터 기준 가장 효율이 좋았던 비중은 50 : 50 (샤프 지수 0.9)입니다.
❓ Frequently Asked Questions (FAQ)
Q. How did a 50:50 mix of QQQ and SCHD perform over 15.1 years?
With annual rebalancing, the 50:50 portfolio delivered a 16.63% CAGR, -24.0% max drawdown, and a 0.9 Sharpe ratio.
Q. Which allocation achieved the highest Sharpe ratio for QQQ + SCHD?
Across 7 allocation presets, 50 : 50 delivered the best risk-adjusted return with a Sharpe ratio of 0.9.
Q. What does the 0.62 correlation mean for diversification?
The 0.62 monthly return correlation helped reduce maximum drawdown by 9.1 percentage points compared to single-asset concentration.
Q. Is annual rebalancing better than Buy & Hold?
Annual rebalancing systematically trims outperforming assets and adds to lagging ones, smoothing volatility and drawdowns over market cycles.