JETD vs SCHD
MAX Airlines -3X Inverse Leveraged ETN vs Schwab US Dividend Equity ETF
Which is better, JETD or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 86.5%.
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 | JETD | SCHD |
|---|---|---|
| Expense Ratio | 0.95% | 0.06%Best |
| AUM | $6M | $111.6B |
| Dividend Yield | 0.00% | 3.24% |
| Holdings | 19 | 206 |
| YTD Return | -13.53% | +24.55%Best |
| 1Y Return | -43.37% | +29.85%Best |
| 3Y Return (annualized) | -52.90% | +16.64%Best |
| 5Y Return (annualized) | - | +9.54% |
| Volatility (annualized) | 63.0% | 13.6%Best |
| Max Drawdown | -95.6% | -16.1%Best |
| $10,000 over 3.3 years | $1,601 | $15,837Best |
| Top 10 Weight | 86.5% | 41.6%Best |
| Fund Family | BMO Capital Markets | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Jun 23, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 21, 2023 to Oct 14, 2026 (3.3 years).
JETD 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 3.3 years both funds cover.
JETD vs SCHD Performance
MAX Airlines -3X Inverse Leveraged ETN (JETD) is an ETF from BMO Capital Markets and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year JETD returned -43.37% while SCHD returned +29.85%. Year to date, JETD is down 13.53% versus a gain of 24.55% for SCHD.
Over three years, JETD compounded at -52.90% per year against +16.64% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JETD has been the more volatile fund, with annualized monthly volatility of 63.0% 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 -95.6% for JETD 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 -0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JETD charges 0.95% per year while SCHD charges 0.06%. On a $10,000 position that is $95 vs $6 annually, a gap of $89 per year that compounds over a long holding period. On income, JETD currently yields 0.00% against 3.24% for SCHD.
Holdings Overlap
8.3% of JETD's money is in holdings SCHD also owns. 1.8% of SCHD's money is in holdings JETD also owns.
JETD and SCHD share little of their money.
1 positions in common, counted across the 19 positions we hold weights for in JETD and 98 in SCHD, against full books of 19 and 206.
What only one of them owns
Our book lists 96 positions for SCHD that do not appear in our book for JETD (98.0% of the fund), and 14 for JETD that do not appear in SCHD (80.3%).
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 JETD | Weight in SCHD | Difference |
|---|---|---|---|
| UPSUnited Parcel Service, Inc | 8.29% | 1.79% | 6.50% |
You are not choosing between two funds in isolation.
Whichever of JETD 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, JETD or SCHD?
JETD has an expense ratio of 0.95% while SCHD charges 0.06%. SCHD is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, JETD or SCHD?
Over the past year JETD returned -43.37% vs +29.85% 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, JETD or SCHD?
JETD has been the more volatile fund at 63.0% annualized versus 13.6% for SCHD. Worst drawdown: JETD -95.6% vs SCHD -16.1%.
Should I hold both JETD and SCHD?
JETD and SCHD have a monthly-return correlation of -0.38, 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 JETD and SCHD?
8.3% of JETD's money is in holdings SCHD also owns. 1.8% of SCHD's is in holdings JETD also owns. They hold 1 positions in common, counted across the 19 positions we hold weights for in JETD and 98 in SCHD.
Which pays a higher dividend, JETD or SCHD?
JETD yields 0.00% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JETD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 86.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.