JPSE vs SCHD
JPMorgan Diversified Return US Small Cap Equity ETF vs Schwab US Dividend Equity ETF
Which is better, JPSE or SCHD?
Small Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. JPSE is less concentrated, with 3.9% 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 | JPSE | SCHD |
|---|---|---|
| Expense Ratio | 0.29% | 0.06%Best |
| AUM | $588M | $112.1B |
| Dividend Yield | 1.33% | 3.00% |
| Holdings | 563 | 103 |
| YTD Return | +13.41% | +21.33%Best |
| 1Y Return | +15.35% | +25.15%Best |
| 3Y Return (annualized) | +14.78% | +15.43%Best |
| 5Y Return (annualized) | +7.18% | +9.32%Best |
| Volatility (annualized) | 19.9% | 15.5%Best |
| Max Drawdown | -43.2% | -33.4%Best |
| $10,000 over 5 years | $14,144 | $15,613Best |
| Top 10 Weight | 3.9%Best | 41.8% |
| Fund Family | J.P. Morgan Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Nov 15, 2016 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Nov 17, 2016 to Sep 24, 2026 (9.9 years).
JPSE 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 9.9 years both funds cover.
JPSE vs SCHD Performance
JPMorgan Diversified Return US Small Cap Equity ETF (JPSE) 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 JPSE returned +15.35% while SCHD returned +25.15%. Year to date, JPSE is up 13.41% versus a gain of 21.33% for SCHD.
Over three years, JPSE compounded at +14.78% per year against +15.43% for SCHD; over five years the annualized figures are +7.18% and +9.32% respectively. Across the full 10-year window we track, SCHD has the edge at +11.13% annualized vs +9.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPSE has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 15.5% 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 -43.2% for JPSE 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JPSE 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, JPSE currently yields 1.33% against 3.00% for SCHD.
Holdings Overlap
2.4% of JPSE's money is in holdings SCHD also owns. 0.8% of SCHD's money is in holdings JPSE also owns.
JPSE and SCHD share little of their money.
15 positions in common, counted across the 544 positions we hold weights for in JPSE and 100 in SCHD, against full books of 563 and 103.
What only one of them owns
Our book lists 85 positions for SCHD that do not appear in our book for JPSE (99.2% of the fund), and 492 for JPSE that do not appear in SCHD (89.7%).
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 JPSE | Weight in SCHD | Difference |
|---|---|---|---|
| MCMoelis & Co_None_0 | 0.26% | 0.12% | 0.14% |
| MURMurphy Oil Corp | 0.24% | 0.12% | 0.12% |
| OFG:PROfg Bancorp Common Stock | 0.26% | 0.05% | 0.21% |
| KFYKorn Ferry | 0.19% | 0.11% | 0.08% |
| LANCLancaster Colony Corp | 0.21% | 0.06% | 0.15% |
| BKEBuckle Inc/the | 0.21% | 0.03% | 0.18% |
| APAMArtisan Partners Asset Management, Inc. | 0.15% | 0.07% | 0.08% |
| FLOFlowers Foods Inc | 0.18% | 0.04% | 0.14% |
| ETDEthan Allen Interiors Inc | 0.16% | 0.01% | 0.15% |
| IPARInter Parfums Inc | 0.11% | 0.05% | 0.06% |
You are not choosing between two funds in isolation.
Whichever of JPSE 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, JPSE or SCHD?
JPSE 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, JPSE or SCHD?
Over the past year JPSE returned +15.35% vs +25.15% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (10 years), JPSE annualized +9.55% vs +11.13% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPSE or SCHD?
JPSE has been the more volatile fund at 19.9% annualized versus 15.5% for SCHD. Worst drawdown: JPSE -43.2% vs SCHD -33.4%.
Should I hold both JPSE and SCHD?
JPSE and SCHD have a monthly-return correlation of 0.85, 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 JPSE and SCHD?
2.4% of JPSE's money is in holdings SCHD also owns. 0.8% of SCHD's is in holdings JPSE also owns. They hold 15 positions in common, counted across the 544 positions we hold weights for in JPSE and 100 in SCHD.
Which pays a higher dividend, JPSE or SCHD?
JPSE yields 1.33% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JPSE?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. JPSE is less concentrated, with 3.9% 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.