JPMorgan Equity Premium Income ETF (JEPI) 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 JEPI returned +10.15% while SCHD returned +30.94%. Year to date, JEPI is up 4.37% versus a gain of 22.69% for SCHD.

Over three years, JEPI compounded at +9.22% per year against +14.20% for SCHD; over five years the annualized figures are +7.42% and +9.59% respectively. Across the full 6-year window we track, SCHD has the edge at +11.31% annualized vs +10.15%. Past performance does not guarantee future results.

SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 10.0% for JEPI. 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 -13.7% for JEPI 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 0.85. They usually move together, but the gap leaves some room for diversification.

JEPI charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, JEPI currently yields 8.35% against 3.31% for SCHD.