JPUS vs SCHD
JPMorgan Diversified Return US Equity ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. JPUS offers more diversification with 371 holdings.
Side-by-Side Comparison
| Metric | JPUS | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.06% | |
| AUM | $459M | $103.7B | |
| Dividend Yield | 2.25% | 3.31% | |
| Holdings | 377 | 104 | |
| YTD Return | +16.44% | +24.26% | |
| 1Y Return | +23.82% | +31.38% | |
| 3Y Return (annualized) | +15.66% | +15.08% | |
| 5Y Return (annualized) | +10.26% | +9.72% | |
| Volatility (annualized) | 15.1% | 13.6% | |
| Max Drawdown | -38.7% | -33.4% | |
| Fund Family | J.P. Morgan Asset Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 29, 2015 | Oct 20, 2011 |
JPUS vs SCHD Performance
JPMorgan Diversified Return US Equity ETF (JPUS) 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 JPUS returned +23.82% while SCHD returned +31.38%. Year to date, JPUS is up 16.44% versus a gain of 24.26% for SCHD.
Over three years, JPUS compounded at +15.66% per year against +15.08% for SCHD; over five years the annualized figures are +10.26% and +9.72% respectively. Across the full 11-year window we track, SCHD has the edge at +11.39% annualized vs +11.33%. 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 13.6% 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 worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.94. 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 2.25% against 3.31% for SCHD.
Holdings Overlap
JPUS and SCHD share 42 holdings out of 429 unique holdings combined, representing a 9.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $12 per year of difference.
Which performed better, JPUS or SCHD?
Over the past year JPUS returned +23.82% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), JPUS annualized +11.33% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, JPUS or SCHD?
JPUS has been the more volatile fund at 15.1% annualized versus 13.6% 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 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between JPUS and SCHD?
JPUS and SCHD share 42 common holdings with a 9.7% weight overlap. Combined, they hold 429 unique securities.
Which pays a higher dividend, JPUS or SCHD?
JPUS yields 2.25% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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