JEPI vs SCHV
JPMorgan Equity Premium Income ETF vs Schwab US Large-Cap Value ETF
Which is better, JEPI or SCHV?
SCHV has been ahead.
SCHV has a lower expense ratio. SCHV led over 1Y, 3Y, 5Y 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 | JEPI | SCHV |
|---|---|---|
| Expense Ratio | 0.35% | 0.04%Best |
| AUM | $45.5B | $15.2B |
| Dividend Yield | 7.93% | 1.77% |
| Holdings | 271 | 560 |
| YTD Return | +5.50% | +15.45%Best |
| 1Y Return | +9.09% | +20.66%Best |
| 3Y Return (annualized) | +10.56% | +19.59%Best |
| 5Y Return (annualized) | +7.92% | +10.81%Best |
| Volatility (annualized) | 9.9%Best | 14.7% |
| Max Drawdown | -13.7%Best | -19.8% |
| $10,000 over 5 years | $14,639 | $16,707Best |
| Fund Family | J.P. Morgan Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 20, 2020 | Dec 11, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 21, 2020 to Oct 12, 2026 (6.4 years).
JEPI vs SCHV 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 6.4 years both funds cover.
JEPI vs SCHV Performance
JPMorgan Equity Premium Income ETF (JEPI) is an ETF from J.P. Morgan Asset Management and Schwab US Large-Cap Value ETF (SCHV) is an ETF from Charles Schwab Asset Management. Over the past year JEPI returned +9.09% while SCHV returned +20.66%. Year to date, JEPI is up 5.50% versus a gain of 15.45% for SCHV.
Over three years, JEPI compounded at +10.56% per year against +19.59% for SCHV; over five years the annualized figures are +7.92% and +10.81% respectively. Across the full 6-year window we track, SCHV has the edge at +14.62% annualized vs +10.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHV has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 9.9% for JEPI. 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 -13.7% for JEPI and -19.8% for SCHV. 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
JEPI charges 0.35% per year while SCHV charges 0.04%. On a $10,000 position that is $35 vs $4 annually, a gap of $31 per year that compounds over a long holding period. On income, JEPI currently yields 7.93% against 1.77% for SCHV.
Holdings Overlap
At least 42.3% of SCHV's money is in holdings JEPI also owns.
Stated as a floor: for JEPI, our book for it covers 85.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
76 positions in common, counted across the 121 positions we hold weights for in JEPI and 555 in SCHV, against full books of 271 and 560.
Top Shared Holdings
| Stock | Weight in JEPI | Weight in SCHV | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 0.56% | 3.47% | 2.91% |
| JNJJohnson & Johnson - Common | 1.78% | 2.02% | 0.24% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 0.23% | 2.96% | 2.73% |
| ABBVAbbvie Inc. | 1.68% | 1.43% | 0.25% |
| LRCXLrcx Uw Equity | 1.32% | 1.18% | 0.14% |
| XOMExxon Mobil Corp. | 0.33% | 2.17% | 1.84% |
| PMPhilip Morris International Inc. | 1.41% | 0.94% | 0.47% |
| WMTWalmart, Inc. | 0.78% | 1.48% | 0.70% |
| NEENextera Energy Inc | 1.68% | 0.54% | 1.14% |
| RTXRaytheon Co. | 1.23% | 0.84% | 0.39% |
42.3% of SCHV is already inside JEPI.
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, JEPI or SCHV?
JEPI has an expense ratio of 0.35% while SCHV charges 0.04%. SCHV is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, JEPI or SCHV?
Over the past year JEPI returned +9.09% vs +20.66% for SCHV, so SCHV leads on 1-year performance. Over the longest common window we track (6 years), JEPI annualized +10.01% vs +14.62% for SCHV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JEPI or SCHV?
SCHV has been the more volatile fund at 14.7% annualized versus 9.9% for JEPI. Worst drawdown: JEPI -13.7% vs SCHV -19.8%.
Should I hold both JEPI and SCHV?
JEPI and SCHV 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 JEPI and SCHV?
At least 42.3% of SCHV's money is in holdings JEPI also owns. Our book for JEPI is partial, so the real figure is this or higher. They hold 76 positions in common, counted across the 121 positions we hold weights for in JEPI and 555 in SCHV.
Which pays a higher dividend, JEPI or SCHV?
JEPI yields 7.93% while SCHV yields 1.77%, so JEPI currently pays the higher dividend yield.
Is SCHV better than JEPI?
SCHV has a lower expense ratio. SCHV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.