JMID vs SCHD
Janus Henderson Mid Cap Growth Alpha ETF vs Schwab US Dividend Equity ETF
Which is better, JMID or SCHD?
Mid Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. JMID led over the full window, SCHD over 1Y. JMID is less concentrated, with 23.9% 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 | JMID | SCHD |
|---|---|---|
| Expense Ratio | 0.30% | 0.06%Best |
| AUM | $22M | $112.1B |
| Dividend Yield | 0.56% | 3.00% |
| Holdings | 94 | 103 |
| YTD Return | +7.51% | +21.33%Best |
| 1Y Return | +4.80% | +25.15%Best |
| 3Y Return (annualized) | - | +15.43% |
| 5Y Return (annualized) | - | +9.32% |
| Volatility (annualized) | 17.5% | 14.2%Best |
| Max Drawdown | -25.4% | -16.1%Best |
| $10,000 over 2 years | $12,755Best | $12,672 |
| Top 10 Weight | 23.9%Best | 41.8% |
| Fund Family | Janus Henderson Investors | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Sep 17, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 18, 2024 to Sep 24, 2026 (2 years).
JMID 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 2 years both funds cover.
JMID vs SCHD Performance
Janus Henderson Mid Cap Growth Alpha ETF (JMID) is an ETF from Janus Henderson Investors and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year JMID returned +4.80% while SCHD returned +25.15%. Year to date, JMID is up 7.51% versus a gain of 21.33% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMID has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 14.2% 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 -25.4% for JMID 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
JMID charges 0.30% per year while SCHD charges 0.06%. On a $10,000 position that is $30 vs $6 annually, a gap of $24 per year that compounds over a long holding period. On income, JMID currently yields 0.56% against 3.00% for SCHD.
Holdings Overlap
1.5% of JMID's money is in holdings SCHD also owns. 0.2% of SCHD's money is in holdings JMID also owns.
JMID and SCHD share little of their money.
1 positions in common, counted across the 93 positions we hold weights for in JMID and 100 in SCHD, against full books of 94 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for JMID (99.7% of the fund), and 88 for JMID that do not appear in SCHD (93.8%).
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 JMID | Weight in SCHD | Difference |
|---|---|---|---|
| BAHBooz Allen Hamilton Holding Corp. | 1.49% | 0.22% | 1.27% |
You are not choosing between two funds in isolation.
Whichever of JMID 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, JMID or SCHD?
JMID has an expense ratio of 0.30% while SCHD charges 0.06%. SCHD is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, JMID or SCHD?
Over the past year JMID returned +4.80% vs +25.15% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), JMID annualized +12.94% vs +12.57% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JMID or SCHD?
JMID has been the more volatile fund at 17.5% annualized versus 14.2% for SCHD. Worst drawdown: JMID -25.4% vs SCHD -16.1%.
Should I hold both JMID and SCHD?
JMID 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 JMID and SCHD?
1.5% of JMID's money is in holdings SCHD also owns. 0.2% of SCHD's is in holdings JMID also owns. They hold 1 positions in common, counted across the 93 positions we hold weights for in JMID and 100 in SCHD.
Which pays a higher dividend, JMID or SCHD?
JMID yields 0.56% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JMID?
SCHD has a lower expense ratio. JMID led over the full window, SCHD over 1Y. JMID is less concentrated, with 23.9% 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.