RJMI vs SCHD
RJ Eagle Municipal Income ETF vs Schwab US Dividend Equity ETF
Which is better, RJMI or SCHD?
Municipal Bond against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y.
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 | RJMI | SCHD |
|---|---|---|
| Expense Ratio | 0.41% | 0.06%Best |
| AUM | $39M | $112.2B |
| Dividend Yield | 2.60% | 3.13% |
| Holdings | 118 | 103 |
| YTD Return | -1.24% | +26.13%Best |
| 1Y Return | +1.62% | +30.01%Best |
| 3Y Return (annualized) | - | +16.09% |
| 5Y Return (annualized) | - | +9.95% |
| Fund Family | Raymond James Financial, Inc. | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Municipal Bond | Large Cap Value |
| Inception | Oct 2, 2025 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
RJMI 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
RJMI vs SCHD Performance
RJ Eagle Municipal Income ETF (RJMI) is an ETF from Raymond James Financial, Inc. and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year RJMI returned +1.62% while SCHD returned +30.01%. Year to date, RJMI is down 1.24% versus a gain of 26.13% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
RJMI charges 0.41% per year while SCHD charges 0.06%. On a $10,000 position that is $41 vs $6 annually, a gap of $35 per year that compounds over a long holding period. On income, RJMI currently yields 2.60% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 22 holdings in RJMI and 100 in SCHD, totalling 19.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 22 positions we hold weights for in RJMI and 100 in SCHD, against full books of 118 and 103.
You are not choosing between two funds in isolation.
Whichever of RJMI 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, RJMI or SCHD?
RJMI has an expense ratio of 0.41% while SCHD charges 0.06%. SCHD is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, RJMI or SCHD?
Over the past year RJMI returned +1.62% vs +30.01% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which pays a higher dividend, RJMI or SCHD?
RJMI yields 2.60% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than RJMI?
SCHD has a lower expense ratio. SCHD led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.