JAVA vs SCHD
JPMorgan Active Value ETF vs Schwab US Dividend Equity ETF
Which is better, JAVA or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. JAVA led over 3Y, 5Y and the full window, SCHD over 1Y. JAVA is less concentrated, with 29.4% of the fund in its ten largest positions against 41.8%.
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 | JAVA | SCHD |
|---|---|---|
| Expense Ratio | 0.44% | 0.06%Best |
| AUM | $7.0B | $108.9B |
| Dividend Yield | 1.17% | 3.00% |
| Holdings | 153 | 206 |
| YTD Return | +13.59% | +23.29%Best |
| 1Y Return | +21.90% | +29.70%Best |
| 3Y Return (annualized) | +18.49%Best | +16.26% |
| 5Y Return (annualized) | +12.04%Best | +9.65% |
| Volatility (annualized) | 14.4%Best | 15.0% |
| Max Drawdown | -16.5%Best | -16.9% |
| $10,000 over 5 years | $17,655Best | $15,851 |
| Top 10 Weight | 29.4%Best | 41.8% |
| Fund Family | J.P. Morgan Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 4, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 5, 2021 to Oct 13, 2026 (5 years).
JAVA 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 5 years both funds cover.
JAVA vs SCHD Performance
JPMorgan Active Value ETF (JAVA) is an ETF from J.P. Morgan Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year JAVA returned +21.90% while SCHD returned +29.70%. Year to date, JAVA is up 13.59% versus a gain of 23.29% for SCHD.
Over three years, JAVA compounded at +18.49% per year against +16.26% for SCHD; over five years the annualized figures are +12.04% and +9.65% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 14.4% for JAVA. 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 -16.5% for JAVA and -16.9% 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JAVA charges 0.44% per year while SCHD charges 0.06%. On a $10,000 position that is $44 vs $6 annually, a gap of $38 per year that compounds over a long holding period. On income, JAVA currently yields 1.17% against 3.00% for SCHD.
Holdings Overlap
10.8% of JAVA's money is in holdings SCHD also owns. 55.3% of SCHD's money is in holdings JAVA also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 152 positions we hold weights for in JAVA and 99 in SCHD, against full books of 153 and 206.
What only one of them owns
Our book lists 79 positions for SCHD that do not appear in our book for JAVA (44.6% of the fund), and 130 for JAVA that do not appear in SCHD (88.3%).
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.
Top Shared Holdings
| Stock | Weight in JAVA | Weight in SCHD | Difference |
|---|---|---|---|
| COPConocophillips Common Stock USD 0.01 | 1.57% | 4.19% | 2.62% |
| MRKMerck & Company Inc | 0.77% | 4.77% | 4.00% |
| CVXChevron Corp | 1.08% | 4.29% | 3.21% |
| UNHUnitedhealth Group Incorporated | 1.19% | 3.82% | 2.63% |
| ABTAbbott Laboratories | 0.41% | 4.44% | 4.03% |
| KOCoca Cola Co. | 0.40% | 4.26% | 3.86% |
| PGProcter & Gamble Company | 0.31% | 3.94% | 3.63% |
| HDHome Depot Inc/The | 0.48% | 3.75% | 3.27% |
| PEPPepsico Inc. | 0.32% | 3.63% | 3.31% |
| BMYBristol-Myers Squibb Co. | 0.68% | 3.25% | 2.57% |
55.3% of SCHD is already inside JAVA.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JAVA or SCHD?
JAVA has an expense ratio of 0.44% while SCHD charges 0.06%. SCHD is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, JAVA or SCHD?
Over the past year JAVA returned +21.90% vs +29.70% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JAVA or SCHD?
SCHD has been the more volatile fund at 15.0% annualized versus 14.4% for JAVA. Worst drawdown: JAVA -16.5% vs SCHD -16.9%.
Should I hold both JAVA and SCHD?
JAVA and SCHD have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between JAVA and SCHD?
55.3% of SCHD's money is in holdings JAVA also owns. 55.3% of SCHD's is in holdings JAVA also owns. They hold 19 positions in common, counted across the 152 positions we hold weights for in JAVA and 99 in SCHD.
Which pays a higher dividend, JAVA or SCHD?
JAVA yields 1.17% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JAVA?
SCHD has a lower expense ratio. JAVA led over 3Y, 5Y and the full window, SCHD over 1Y. JAVA is less concentrated, with 29.4% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.