BJUL vs SCHD
Innovator U.S. Equity Buffer ETF - July vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | BJUL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.06% | |
| AUM | $345M | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 6 | 104 | |
| YTD Return | +9.48% | +24.26% | |
| 1Y Return | +16.18% | +31.38% | |
| 3Y Return (annualized) | +16.05% | +15.08% | |
| 5Y Return (annualized) | +11.78% | +9.72% | |
| Volatility (annualized) | 11.0% | 13.6% | |
| Max Drawdown | -24.0% | -33.4% | |
| Fund Family | Innovator ETFs Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Aug 28, 2018 | Oct 20, 2011 |
BJUL vs SCHD Performance
Innovator U.S. Equity Buffer ETF - July (BJUL) is a ETF from Innovator ETFs Trust and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BJUL returned +16.18% while SCHD returned +31.38%. Year to date, BJUL is up 9.48% versus a gain of 24.26% for SCHD.
Over three years, BJUL compounded at +16.05% per year against +15.08% for SCHD; over five years the annualized figures are +11.78% and +9.72% respectively. Across the full 8-year window we track, SCHD has the edge at +11.39% annualized vs +10.25%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% 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 worth weighing if you expect to sell during market stress rather than ride it out.
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 3.31% for SCHD.
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. On a $10,000 investment, that is $73 per year of difference.
Which performed better, BJUL or SCHD?
Over the past year BJUL returned +16.18% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), BJUL annualized +10.25% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, BJUL or SCHD?
SCHD has been the more volatile fund at 13.6% 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 combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, BJUL or SCHD?
BJUL yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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