JPME vs SCHD
JPMorgan Diversified Return US Mid Cap Equity ETF vs Schwab US Dividend Equity ETF
Which is better, JPME or SCHD?
Mid Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. JPME is less concentrated, with 4.5% 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 | JPME | SCHD |
|---|---|---|
| Expense Ratio | 0.24% | 0.06%Best |
| AUM | $479M | $112.2B |
| Dividend Yield | 1.74% | 3.13% |
| Holdings | 353 | 103 |
| YTD Return | +16.60% | +27.56%Best |
| 1Y Return | +18.94% | +30.29%Best |
| 3Y Return (annualized) | +15.50% | +16.37%Best |
| 5Y Return (annualized) | +8.98% | +10.23%Best |
| Volatility (annualized) | 16.4% | 15.0%Best |
| Max Drawdown | -41.0% | -33.4%Best |
| $10,000 over 5 years | $15,372 | $16,274Best |
| Top 10 Weight | 4.5%Best | 41.5% |
| Fund Family | J.P. Morgan Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | May 11, 2016 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: May 18, 2016 to Sep 4, 2026 (10.3 years).
JPME 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 10.3 years both funds cover.
JPME vs SCHD Performance
JPMorgan Diversified Return US Mid Cap Equity ETF (JPME) 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 JPME returned +18.94% while SCHD returned +30.29%. Year to date, JPME is up 16.60% versus a gain of 27.56% for SCHD.
Over three years, JPME compounded at +15.50% per year against +16.37% for SCHD; over five years the annualized figures are +8.98% and +10.23% respectively. Across the full 10-year window we track, SCHD has the edge at +11.92% annualized vs +10.63%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPME has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 15.0% 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 -41.0% for JPME and -33.4% 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JPME charges 0.24% per year while SCHD charges 0.06%. On a $10,000 position that is $24 vs $6 annually, a gap of $18 per year that compounds over a long holding period. On income, JPME currently yields 1.74% against 3.13% for SCHD.
Holdings Overlap
7.9% of JPME's money is in holdings SCHD also owns. 14.8% of SCHD's money is in holdings JPME also owns.
SCHD and JPME share little of their money.
28 positions in common, counted across the 349 positions we hold weights for in JPME and 100 in SCHD, against full books of 353 and 103.
What only one of them owns
Our book lists 71 positions for SCHD that do not appear in our book for JPME (85.1% of the fund), and 308 for JPME that do not appear in SCHD (88.6%).
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 JPME | Weight in SCHD | Difference |
|---|---|---|---|
| FASTFastenal Co. | 0.41% | 1.49% | 1.08% |
| OKEOneok Inc. | 0.28% | 1.36% | 1.08% |
| DVNDevon Energy Corporation | 0.38% | 1.24% | 0.86% |
| FITBFifth Third Bancorp | 0.31% | 1.30% | 0.99% |
| ADMArcher-Daniels-Midland Co. | 0.38% | 0.92% | 0.54% |
| KMBKimberly-Clark Corp. | 0.32% | 0.91% | 0.59% |
| PAYXPaychex, Inc. | 0.19% | 0.97% | 0.78% |
| HSYHershey Co. | 0.33% | 0.68% | 0.35% |
| RFEurazeo | 0.32% | 0.67% | 0.35% |
| SNASnap-On Inc. | 0.40% | 0.54% | 0.14% |
You are not choosing between two funds in isolation.
Whichever of JPME 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, JPME or SCHD?
JPME has an expense ratio of 0.24% while SCHD charges 0.06%. SCHD is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, JPME or SCHD?
Over the past year JPME returned +18.94% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (10 years), JPME annualized +10.63% vs +11.92% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPME or SCHD?
JPME has been the more volatile fund at 16.4% annualized versus 15.0% for SCHD. Worst drawdown: JPME -41.0% vs SCHD -33.4%.
Should I hold both JPME and SCHD?
JPME and SCHD have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between JPME and SCHD?
14.8% of SCHD's money is in holdings JPME also owns. 14.8% of SCHD's is in holdings JPME also owns. They hold 28 positions in common, counted across the 349 positions we hold weights for in JPME and 100 in SCHD.
Which pays a higher dividend, JPME or SCHD?
JPME yields 1.74% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JPME?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. JPME is less concentrated, with 4.5% 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.