JPUS vs SCHD
JPMorgan Diversified Return US Equity ETF vs Schwab US Dividend Equity ETF
Which is better, JPUS or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. JPUS is less concentrated, with 4.6% 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 | JPUS | SCHD |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $470M | $112.2B |
| Dividend Yield | 1.97% | 3.13% |
| Holdings | 375 | 103 |
| YTD Return | +15.99% | +27.56%Best |
| 1Y Return | +18.95% | +30.29%Best |
| 3Y Return (annualized) | +16.31% | +16.37%Best |
| 5Y Return (annualized) | +9.87% | +10.23%Best |
| Volatility (annualized) | 15.1% | 14.9%Best |
| Max Drawdown | -38.7% | -33.4%Best |
| $10,000 over 5 years | $16,010 | $16,274Best |
| Top 10 Weight | 4.6%Best | 41.5% |
| Fund Family | J.P. Morgan Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 29, 2015 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2015 to Sep 4, 2026 (10.9 years).
JPUS 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 10.9 years both funds cover.
JPUS vs SCHD Performance
JPMorgan Diversified Return US Equity ETF (JPUS) 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 JPUS returned +18.95% while SCHD returned +30.29%. Year to date, JPUS is up 15.99% versus a gain of 27.56% for SCHD.
Over three years, JPUS compounded at +16.31% per year against +16.37% for SCHD; over five years the annualized figures are +9.87% and +10.23% respectively. Across the full 11-year window we track, SCHD has the edge at +12.21% annualized vs +11.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPUS has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.9% 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 -38.7% for JPUS 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JPUS charges 0.18% per year while SCHD charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, JPUS currently yields 1.97% against 3.13% for SCHD.
Holdings Overlap
11.6% of JPUS's money is in holdings SCHD also owns. 66.9% of SCHD's money is in holdings JPUS also owns.
The two portfolios partly overlap.
41 positions in common, counted across the 369 positions we hold weights for in JPUS and 100 in SCHD, against full books of 375 and 103.
What only one of them owns
Our book lists 58 positions for SCHD that do not appear in our book for JPUS (33.0% of the fund), and 311 for JPUS that do not appear in SCHD (85.1%).
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 JPUS | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 0.41% | 4.62% | 4.21% |
| ABTAbbott Laboratories | 0.27% | 4.70% | 4.43% |
| KOCoca Cola Co. | 0.41% | 4.20% | 3.79% |
| MRKMerck & Company Inc | 0.32% | 4.26% | 3.94% |
| PGProcter & Gamble Company | 0.34% | 3.96% | 3.62% |
| UNHUnitedhealth Group Incorporated | 0.14% | 4.11% | 3.97% |
| VZVerizon Communic | 0.35% | 3.84% | 3.49% |
| CVXChevron Corp | 0.38% | 3.74% | 3.36% |
| PEPPepsico Inc. | 0.28% | 3.71% | 3.43% |
| COPConocophillips Common Stock USD 0.01 | 0.37% | 3.59% | 3.22% |
66.9% of SCHD is already inside JPUS.
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, JPUS or SCHD?
JPUS has an expense ratio of 0.18% while SCHD charges 0.06%. SCHD is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, JPUS or SCHD?
Over the past year JPUS returned +18.95% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), JPUS annualized +11.21% vs +12.21% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPUS or SCHD?
JPUS has been the more volatile fund at 15.1% annualized versus 14.9% for SCHD. Worst drawdown: JPUS -38.7% vs SCHD -33.4%.
Should I hold both JPUS and SCHD?
JPUS and SCHD have a monthly-return correlation of 0.93, 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 JPUS and SCHD?
66.9% of SCHD's money is in holdings JPUS also owns. 66.9% of SCHD's is in holdings JPUS also owns. They hold 41 positions in common, counted across the 369 positions we hold weights for in JPUS and 100 in SCHD.
Which pays a higher dividend, JPUS or SCHD?
JPUS yields 1.97% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JPUS?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. JPUS is less concentrated, with 4.6% 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.