JSML vs SCHD
JSML vs SCHD
Janus Henderson Small Cap Growth Alpha ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. JSML delivered stronger 1-year returns. JSML offers more diversification with 121 holdings.
Side-by-Side Comparison
| Metric | JSML | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.30% | 0.06% | |
| AUM | $322M | $103.7B | |
| Dividend Yield | 0.86% | 3.31% | |
| Holdings | 122 | 104 | |
| YTD Return | +25.22% | +24.26% | |
| 1Y Return | +35.26% | +31.38% | |
| 3Y Return (annualized) | +18.76% | +15.08% | |
| 5Y Return (annualized) | +6.92% | +9.72% | |
| Volatility (annualized) | 23.0% | 13.6% | |
| Max Drawdown | -39.6% | -33.4% | |
| Fund Family | Janus Henderson Investors | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Feb 23, 2016 | Oct 20, 2011 |
JSML vs SCHD Performance
Janus Henderson Small Cap Growth Alpha ETF (JSML) is a ETF from Janus Henderson Investors and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year JSML returned +35.26% while SCHD returned +31.38%. Year to date, JSML is up 25.22% versus a gain of 24.26% for SCHD.
Over three years, JSML compounded at +18.76% per year against +15.08% for SCHD; over five years the annualized figures are +6.92% and +9.72% respectively. Across the full 10-year window we track, JSML has the edge at +13.70% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JSML has been the more volatile fund, with annualized monthly volatility of 23.0% 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 -39.6% for JSML 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JSML charges 0.30% per year while SCHD charges 0.06%. On a $10,000 position that is $30 vs $6 annually, a gap of $24 per year that compounds over a long holding period. On income, JSML currently yields 0.86% against 3.31% for SCHD.
Holdings Overlap
JSML and SCHD share 1 holdings out of 220 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in JSML | Weight in SCHD | Difference |
|---|---|---|---|
| IPAR | 0.52% | 0.06% | 0.46% |
Frequently Asked Questions
Which is cheaper, JSML or SCHD?
JSML has an expense ratio of 0.30% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $24 per year of difference.
Which performed better, JSML or SCHD?
Over the past year JSML returned +35.26% vs +31.38% for SCHD, so JSML leads on 1-year performance. Over the longest common window we track (10 years), JSML annualized +13.70% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, JSML or SCHD?
JSML has been the more volatile fund at 23.0% annualized versus 13.6% for SCHD. Worst drawdown: JSML -39.6% vs SCHD -33.4%.
Should I hold both JSML and SCHD?
JSML and SCHD have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JSML and SCHD?
JSML and SCHD share 1 common holdings with a 0.1% weight overlap. Combined, they hold 220 unique securities.
Which pays a higher dividend, JSML or SCHD?
JSML yields 0.86% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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