JPHY vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. JPHY offers more diversification with 411 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: JPHY

Side-by-Side Comparison

MetricJPHYSCHDWinner
Expense Ratio0.45%0.06%
AUM$2.2B$103.7B
Dividend Yield1.69%3.31%
Holdings519104
YTD Return+2.25%+24.26%
1Y Return+5.51%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)1.6%13.6%
Max Drawdown-1.6%-33.4%
Fund FamilyJ.P. Morgan Asset ManagementCharles Schwab Asset Management
CategoryFixed IncomeEquity
InceptionJun 24, 2025Oct 20, 2011

JPHY vs SCHD Performance

JPMorgan Active High Yield ETF (JPHY) is a ETF from J.P. Morgan Asset Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year JPHY returned +5.51% while SCHD returned +31.38%. Year to date, JPHY is up 2.25% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 1.6% for JPHY. 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 -1.6% for JPHY 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 0.28. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

JPHY charges 0.45% per year while SCHD charges 0.06%. On a $10,000 position that is $45 vs $6 annually, a gap of $39 per year that compounds over a long holding period. On income, JPHY currently yields 1.69% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

JPHY and SCHD share 0 holdings out of 511 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, JPHY or SCHD?

JPHY has an expense ratio of 0.45% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $39 per year of difference.

Which performed better, JPHY or SCHD?

Over the past year JPHY returned +5.51% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), JPHY annualized +5.74% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, JPHY or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 1.6% for JPHY. Worst drawdown: JPHY -1.6% vs SCHD -33.4%.

Should I hold both JPHY and SCHD?

JPHY and SCHD have a monthly-return correlation of 0.28, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between JPHY and SCHD?

JPHY and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 511 unique securities.

Which pays a higher dividend, JPHY or SCHD?

JPHY yields 1.69% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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