FJP vs SCHD
First Trust Japan AlphaDEX Fund vs Schwab US Dividend Equity ETF
Which is better, FJP or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. FJP led over 3Y and 5Y, SCHD over 1Y and the full window. FJP is less concentrated, with 18.0% of the fund in its ten largest positions against 41.5%.
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 | FJP | SCHD |
|---|---|---|
| Expense Ratio | 0.80% | 0.06%Best |
| AUM | $260M | $112.2B |
| Dividend Yield | 2.58% | 3.13% |
| Holdings | 204 | 103 |
| YTD Return | +17.02% | +27.56%Best |
| 1Y Return | +23.54% | +30.29%Best |
| 3Y Return (annualized) | +18.99%Best | +16.37% |
| 5Y Return (annualized) | +10.52%Best | +10.23% |
| Volatility (annualized) | 14.7% | 13.6%Best |
| Max Drawdown | -43.9% | -33.4%Best |
| $10,000 over 5 years | $16,489Best | $16,274 |
| Top 10 Weight | 18.0%Best | 41.5% |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Apr 18, 2011 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 24, 2011 to Sep 4, 2026 (14.9 years).
FJP 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 14.9 years both funds cover.
FJP vs SCHD Performance
First Trust Japan AlphaDEX Fund (FJP) is an ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FJP returned +23.54% while SCHD returned +30.29%. Year to date, FJP is up 17.02% versus a gain of 27.56% for SCHD.
Over three years, FJP compounded at +18.99% per year against +16.37% for SCHD; over five years the annualized figures are +10.52% and +10.23% respectively. Across the full 15-year window we track, SCHD has the edge at +11.53% annualized vs +5.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FJP has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 13.6% for SCHD. 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 -43.9% for FJP 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 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FJP charges 0.80% per year while SCHD charges 0.06%. On a $10,000 position that is $80 vs $6 annually, a gap of $74 per year that compounds over a long holding period. On income, FJP currently yields 2.58% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 100 holdings in FJP and 100 in SCHD, totalling 99.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in FJP and 100 in SCHD, against full books of 204 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for FJP (99.7% of the fund), and 1 for FJP that do not appear in SCHD (0.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of FJP 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, FJP or SCHD?
FJP has an expense ratio of 0.80% while SCHD charges 0.06%. SCHD is the cheaper option, by $74 a year on a $10,000 investment.
Which performed better, FJP or SCHD?
Over the past year FJP returned +23.54% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), FJP annualized +5.67% vs +11.53% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FJP or SCHD?
FJP has been the more volatile fund at 14.7% annualized versus 13.6% for SCHD. Worst drawdown: FJP -43.9% vs SCHD -33.4%.
Should I hold both FJP and SCHD?
FJP and SCHD have a monthly-return correlation of 0.64, 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, FJP or SCHD?
FJP yields 2.58% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FJP?
SCHD has a lower expense ratio. FJP led over 3Y and 5Y, SCHD over 1Y and the full window. FJP is less concentrated, with 18.0% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.