FTNJ vs SCHD
Franklin New Jersey Municipal Income ETF vs Schwab US Dividend Equity ETF
Which is better, FTNJ or SCHD?
Municipal New Jersey against Large Cap Value.
SCHD has a lower expense ratio. SCHD led 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 | FTNJ | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $198M | $124.4B |
| Dividend Yield | 3.36% | 2.96% |
| Holdings | 452 | 102 |
| YTD Return | -0.38% | +33.46%Best |
| 1Y Return | +0.16% | +37.35%Best |
| 3Y Return (annualized) | - | +19.54% |
| 5Y Return (annualized) | - | +10.35% |
| Volatility (annualized) | 6.5%Best | 16.6% |
| Max Drawdown | -6.5%Best | -6.9% |
| $10,000 over 1 years | $10,001 | $13,931Best |
| Fund Family | Franklin Templeton Investments (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Municipal New Jersey | Large Cap Value |
| Inception | Feb 20, 1990 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Nov 10, 2025 to Nov 13, 2026 (1 years).
FTNJ 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 1 years both funds cover.
FTNJ vs SCHD Performance
Franklin New Jersey Municipal Income ETF (FTNJ) is an ETF from Franklin Templeton Investments (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FTNJ returned +0.16% while SCHD returned +37.35%. Year to date, FTNJ is down 0.38% versus a gain of 33.46% for SCHD.
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 6.5% for FTNJ. 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 -6.5% for FTNJ and -6.9% 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FTNJ charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, FTNJ currently yields 3.36% against 2.96% for SCHD.
Holdings Overlap
We hold position weights for 50 holdings in FTNJ and 98 in SCHD, totalling 36.0% 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 50 positions we hold weights for in FTNJ and 98 in SCHD, against full books of 452 and 102.
You are not choosing between two funds in isolation.
Whichever of FTNJ 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, FTNJ or SCHD?
FTNJ has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, FTNJ or SCHD?
Over the past year FTNJ returned +0.16% vs +37.35% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), FTNJ annualized +0.01% vs +39.31% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTNJ or SCHD?
SCHD has been the more volatile fund at 16.6% annualized versus 6.5% for FTNJ. Worst drawdown: FTNJ -6.5% vs SCHD -6.9%.
Should I hold both FTNJ and SCHD?
FTNJ and SCHD have a monthly-return correlation of 0.72, 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, FTNJ or SCHD?
FTNJ yields 3.36% while SCHD yields 2.96%, so FTNJ currently pays the higher dividend yield.
Is SCHD better than FTNJ?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.