JOYT vs SCHD
JPMorgan Equity and Options Total Return ETF vs Schwab US Dividend Equity ETF
Which is better, JOYT or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 42.3%.
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 | JOYT | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $103M | $112.1B |
| Dividend Yield | 0.60% | 3.00% |
| Holdings | 118 | 103 |
| YTD Return | +8.91% | +23.46%Best |
| 1Y Return | +15.91% | +27.20%Best |
| 3Y Return (annualized) | - | +15.41% |
| 5Y Return (annualized) | - | +10.16% |
| Volatility (annualized) | 7.3%Best | 13.6% |
| Max Drawdown | -7.0% | -4.6%Best |
| $10,000 over 1.1 years | $11,992 | $12,773Best |
| Top 10 Weight | 42.3% | 41.8%Best |
| Fund Family | J.P. Morgan Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 18, 2025 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 19, 2025 to Sep 18, 2026 (1.1 years).
JOYT 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 1.1 years both funds cover.
JOYT vs SCHD Performance
JPMorgan Equity and Options Total Return ETF (JOYT) 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 JOYT returned +15.91% while SCHD returned +27.20%. Year to date, JOYT is up 8.91% versus a gain of 23.46% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 7.3% for JOYT. 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 -7.0% for JOYT and -4.6% 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
JOYT 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, JOYT currently yields 0.60% against 3.00% for SCHD.
Holdings Overlap
5.8% of JOYT's money is in holdings SCHD also owns. 31.4% of SCHD's money is in holdings JOYT also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 113 positions we hold weights for in JOYT and 100 in SCHD, against full books of 118 and 103.
What only one of them owns
Our book lists 89 positions for SCHD that do not appear in our book for JOYT (68.5% of the fund), and 101 for JOYT 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 JOYT | Weight in SCHD | Difference |
|---|---|---|---|
| COPConocophillips Common Stock USD 0.01 | 0.91% | 3.94% | 3.03% |
| UNHUnitedhealth Group Incorporated | 0.91% | 3.82% | 2.91% |
| KOCoca Cola Co. | 0.35% | 4.17% | 3.82% |
| BMYBristol-Myers Squibb Co. | 1.01% | 3.33% | 2.32% |
| PEPPepsico Inc. | 0.45% | 3.64% | 3.19% |
| PGProcter & Gamble Company | 0.23% | 3.83% | 3.60% |
| BXBlackstone Group Inc. Class A | 0.37% | 2.59% | 2.22% |
| CMCSAComcast Corp-class A Cmcsa | 0.44% | 2.31% | 1.87% |
| EOGEog Resources Inc | 0.84% | 1.88% | 1.04% |
| UPSUnited Parcel Service, Inc | 0.30% | 1.90% | 1.60% |
31.4% of SCHD is already inside JOYT.
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, JOYT or SCHD?
JOYT 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, JOYT or SCHD?
Over the past year JOYT returned +15.91% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), JOYT annualized +17.96% vs +24.92% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JOYT or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 7.3% for JOYT. Worst drawdown: JOYT -7.0% vs SCHD -4.6%.
Should I hold both JOYT and SCHD?
JOYT 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 JOYT and SCHD?
31.4% of SCHD's money is in holdings JOYT also owns. 31.4% of SCHD's is in holdings JOYT also owns. They hold 10 positions in common, counted across the 113 positions we hold weights for in JOYT and 100 in SCHD.
Which pays a higher dividend, JOYT or SCHD?
JOYT yields 0.60% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JOYT?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 42.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.