JEPQ vs SCHD
JPMorgan Nasdaq Equity Premium Income ETF vs Schwab US Dividend Equity ETF
Which is better, JEPQ or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. JEPQ led over 3Y and the full window, SCHD over 1Y.
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 | JEPQ | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $38.9B | $112.1B |
| Dividend Yield | 10.92% | 3.00% |
| Holdings | 111 | 103 |
| YTD Return | +10.18% | +25.84%Best |
| 1Y Return | +16.67% | +30.18%Best |
| 3Y Return (annualized) | +19.28%Best | +16.08% |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 13.8%Best | 15.0% |
| Max Drawdown | -20.1% | -16.1%Best |
| $10,000 over 4.4 years | $18,888Best | $15,326 |
| Fund Family | J.P. Morgan Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | May 3, 2022 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: May 4, 2022 to Sep 15, 2026 (4.4 years).
JEPQ 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 4.4 years both funds cover.
JEPQ vs SCHD Performance
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) 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 JEPQ returned +16.67% while SCHD returned +30.18%. Year to date, JEPQ is up 10.18% versus a gain of 25.84% for SCHD.
Over three years, JEPQ compounded at +19.28% per year against +16.08% for SCHD. Across the full 4-year window we track, JEPQ has the edge at +15.55% annualized vs +10.19%.
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 13.8% for JEPQ. 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 -20.1% for JEPQ and -16.1% 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 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JEPQ 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, JEPQ currently yields 10.92% against 3.00% for SCHD.
Holdings Overlap
At least 29.5% of SCHD's money is in holdings JEPQ also owns.
Stated as a floor: for JEPQ, our book for it covers 84.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and JEPQ share little of their money.
9 positions in common, counted across the 95 positions we hold weights for in JEPQ and 100 in SCHD, against full books of 111 and 103.
Top Shared Holdings
| Stock | Weight in JEPQ | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 0.42% | 4.70% | 4.28% |
| KOCoca Cola Co. | 0.20% | 4.17% | 3.97% |
| PEPPepsico Inc. | 0.69% | 3.64% | 2.95% |
| UNHUnitedhealth Group Incorporated | 0.15% | 3.82% | 3.67% |
| TXNTexas Instrument Inc | 0.74% | 3.13% | 2.39% |
| BMYBristol-Myers Squibb Co. | 0.23% | 3.33% | 3.10% |
| QCOMQualcomm Inc. | 0.55% | 2.52% | 1.97% |
| CMCSAComcast Corp-class A Cmcsa | 0.43% | 2.31% | 1.88% |
| UPSUnited Parcel Service, Inc | 0.06% | 1.90% | 1.84% |
29.5% of SCHD is already inside JEPQ.
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, JEPQ or SCHD?
JEPQ 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, JEPQ or SCHD?
Over the past year JEPQ returned +16.67% vs +30.18% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), JEPQ annualized +15.55% vs +10.19% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JEPQ or SCHD?
SCHD has been the more volatile fund at 15.0% annualized versus 13.8% for JEPQ. Worst drawdown: JEPQ -20.1% vs SCHD -16.1%.
Should I hold both JEPQ and SCHD?
JEPQ and SCHD have a monthly-return correlation of 0.50, 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 JEPQ and SCHD?
At least 29.5% of SCHD's money is in holdings JEPQ also owns. Our book for JEPQ is partial, so the real figure is this or higher. They hold 9 positions in common, counted across the 95 positions we hold weights for in JEPQ and 100 in SCHD.
Which pays a higher dividend, JEPQ or SCHD?
JEPQ yields 10.92% while SCHD yields 3.00%, so JEPQ currently pays the higher dividend yield.
Is SCHD better than JEPQ?
SCHD has a lower expense ratio. JEPQ led over 3Y and the full window, SCHD over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.