JFR vs SCHD
Nuveen Floating Rate Income Fund vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. JFR offers more diversification with 270 holdings.
Side-by-Side Comparison
| Metric | JFR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 5.52% | 0.06% | |
| AUM | - | $103.7B | |
| Dividend Yield | 11.89% | 3.31% | |
| Holdings | 450 | 104 | |
| YTD Return | +7.45% | +25.33% | |
| 1Y Return | +4.19% | +32.31% | |
| 3Y Return (annualized) | +11.52% | +15.40% | |
| 5Y Return (annualized) | +6.52% | +9.70% | |
| Volatility (annualized) | 15.4% | 13.6% | |
| Max Drawdown | -69.0% | -33.4% | |
| Fund Family | Nuveen | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Mar 25, 2004 | Oct 20, 2011 |
JFR vs SCHD Performance
Nuveen Floating Rate Income Fund (JFR) is a ETF from Nuveen and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year JFR returned +4.19% while SCHD returned +32.31%. Year to date, JFR is up 7.45% versus a gain of 25.33% for SCHD.
Over three years, JFR compounded at +11.52% per year against +15.40% for SCHD; over five years the annualized figures are +6.52% and +9.70% respectively. Across the full 15-year window we track, SCHD has the edge at +11.45% annualized vs -0.34%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JFR has been the more volatile fund, with annualized monthly volatility of 15.4% 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 -69.0% for JFR and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JFR charges 5.52% per year while SCHD charges 0.06%. On a $10,000 position that is $552 vs $6 annually, a gap of $546 per year that compounds over a long holding period. On income, JFR currently yields 11.89% against 3.31% for SCHD.
Holdings Overlap
JFR and SCHD share 0 holdings out of 370 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JFR or SCHD?
JFR has an expense ratio of 5.52% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $546 per year of difference.
Which performed better, JFR or SCHD?
Over the past year JFR returned +4.19% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), JFR annualized -0.34% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, JFR or SCHD?
JFR has been the more volatile fund at 15.4% annualized versus 13.6% for SCHD. Worst drawdown: JFR -69.0% vs SCHD -33.4%.
Should I hold both JFR and SCHD?
JFR and SCHD have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JFR and SCHD?
JFR and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 370 unique securities.
Which pays a higher dividend, JFR or SCHD?
JFR yields 11.89% while SCHD yields 3.31%, so JFR currently pays the higher dividend yield.
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