JOET vs SCHD
Virtus Terranova US Quality Momentum ETF vs Schwab US Dividend Equity ETF
Which is better, JOET or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. JOET led over 3Y, SCHD over 1Y, 5Y and the full window. JOET is less concentrated, with 9.2% of the fund in its ten largest positions against 41.5%.
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 | JOET | SCHD |
|---|---|---|
| Expense Ratio | 0.29% | 0.06%Best |
| AUM | $245M | $112.2B |
| Dividend Yield | 0.60% | 3.13% |
| Holdings | 125 | 103 |
| YTD Return | +8.20% | +28.59%Best |
| 1Y Return | +10.60% | +31.77%Best |
| 3Y Return (annualized) | +17.20%Best | +16.70% |
| 5Y Return (annualized) | +8.64% | +10.09%Best |
| Volatility (annualized) | 16.3% | 14.4%Best |
| Max Drawdown | -26.6% | -16.9%Best |
| $10,000 over 5 years | $15,134 | $16,171Best |
| Top 10 Weight | 9.2%Best | 41.5% |
| Fund Family | Virtus Investment Partners | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Nov 17, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Nov 18, 2020 to Sep 3, 2026 (5.8 years).
JOET 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 5.8 years both funds cover.
JOET vs SCHD Performance
Virtus Terranova US Quality Momentum ETF (JOET) is an ETF from Virtus Investment Partners and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year JOET returned +10.60% while SCHD returned +31.77%. Year to date, JOET is up 8.20% versus a gain of 28.59% for SCHD.
Over three years, JOET compounded at +17.20% per year against +16.70% for SCHD; over five years the annualized figures are +8.64% and +10.09% respectively. Across the full 6-year window we track, SCHD has the edge at +13.24% annualized vs +12.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JOET has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 14.4% 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 -26.6% for JOET and -16.9% 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JOET charges 0.29% per year while SCHD charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, JOET currently yields 0.60% against 3.13% for SCHD.
Holdings Overlap
9.2% of JOET's money is in holdings SCHD also owns. 27.4% of SCHD's money is in holdings JOET also owns.
SCHD and JOET share little of their money.
12 positions in common, counted across the 124 positions we hold weights for in JOET and 100 in SCHD, against full books of 125 and 103.
What only one of them owns
Measured across the 124 and 100 positions we hold weights for.
SCHD holds 87 positions JOET does not, 72.5% of the fund.
Largest: ABT 4.70%, HD 4.32%, MRK 4.26%, UNH 4.11%, PG 3.96%
Top Shared Holdings
| Stock | Weight in JOET | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 0.81% | 4.62% | 3.81% |
| KOCoca Cola Co. | 0.77% | 4.20% | 3.43% |
| COPConocophillips Common Stock USD 0.01 | 0.78% | 3.59% | 2.81% |
| TXNTexas Instrument Inc | 0.78% | 3.53% | 2.75% |
| QCOMQualcomm Inc. | 0.75% | 2.55% | 1.80% |
| SLBSchlumberger Nv. | 0.78% | 1.89% | 1.11% |
| EOGEog Resources Inc | 0.75% | 1.80% | 1.05% |
| OKEOneok Inc. | 0.76% | 1.36% | 0.60% |
| FITBFifth Third Bancorp | 0.78% | 1.30% | 0.52% |
| DVNDevon Energy Corporation | 0.77% | 1.24% | 0.47% |
27.4% of SCHD is already inside JOET.
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, JOET or SCHD?
JOET has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, JOET or SCHD?
Over the past year JOET returned +10.60% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), JOET annualized +12.06% vs +13.24% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JOET or SCHD?
JOET has been the more volatile fund at 16.3% annualized versus 14.4% for SCHD. Worst drawdown: JOET -26.6% vs SCHD -16.9%.
Should I hold both JOET and SCHD?
JOET and SCHD have a monthly-return correlation of 0.70, 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 JOET and SCHD?
27.4% of SCHD's money is in holdings JOET also owns. 27.4% of SCHD's is in holdings JOET also owns. They hold 12 positions in common, counted across the 124 positions we hold weights for in JOET and 100 in SCHD.
Which pays a higher dividend, JOET or SCHD?
JOET yields 0.60% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JOET?
SCHD has a lower expense ratio. JOET led over 3Y, SCHD over 1Y, 5Y and the full window. JOET is less concentrated, with 9.2% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.