BJUL vs SCHD
Innovator U.S. Equity Buffer ETF - July vs Schwab US Dividend Equity ETF
Which is better, BJUL or SCHD?
Option Writing against Large Cap Value.
SCHD has a lower expense ratio. BJUL led over 3Y and 5Y, SCHD over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BJUL | SCHD |
|---|---|---|
| Expense Ratio | 0.79% | 0.06%Best |
| AUM | $355M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 12 | 103 |
| YTD Return | +9.45% | +21.99%Best |
| 1Y Return | +12.44% | +25.92%Best |
| 3Y Return (annualized) | +17.04%Best | +15.66% |
| 5Y Return (annualized) | +11.60%Best | +9.48% |
| Volatility (annualized) | 11.0%Best | 16.6% |
| Max Drawdown | -24.0%Best | -33.4% |
| $10,000 over 5 years | $17,311Best | $15,728 |
| Fund Family | Innovator ETFs Trust | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Aug 28, 2018 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 29, 2018 to Sep 23, 2026 (8.1 years).
BJUL vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.1 years both funds cover.
BJUL vs SCHD Performance
Innovator U.S. Equity Buffer ETF - July (BJUL) is an ETF from Innovator ETFs Trust and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BJUL returned +12.44% while SCHD returned +25.92%. Year to date, BJUL is up 9.45% versus a gain of 21.99% for SCHD.
Over three years, BJUL compounded at +17.04% per year against +15.66% for SCHD; over five years the annualized figures are +11.60% and +9.48% respectively. Across the full 8-year window we track, SCHD has the edge at +10.80% annualized vs +10.07%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 11.0% for BJUL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.0% for BJUL and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BJUL charges 0.79% per year while SCHD charges 0.06%. On a $10,000 position that is $79 vs $6 annually, a gap of $73 per year that compounds over a long holding period. On income, BJUL currently yields 0.00% against 3.00% for SCHD.
You are not choosing between two funds in isolation.
Whichever of BJUL and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BJUL or SCHD?
BJUL has an expense ratio of 0.79% while SCHD charges 0.06%. SCHD is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, BJUL or SCHD?
Over the past year BJUL returned +12.44% vs +25.92% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), BJUL annualized +10.07% vs +10.80% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BJUL or SCHD?
SCHD has been the more volatile fund at 16.6% annualized versus 11.0% for BJUL. Worst drawdown: BJUL -24.0% vs SCHD -33.4%.
Should I hold both BJUL and SCHD?
BJUL and SCHD have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BJUL or SCHD?
BJUL yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than BJUL?
SCHD has a lower expense ratio. BJUL led over 3Y and 5Y, SCHD over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.