JIII vs SCHD
JIII vs SCHD
Janus Henderson Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. JIII offers more diversification with 155 holdings.
Side-by-Side Comparison
| Metric | JIII | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.54% | 0.06% | |
| AUM | $171M | $103.7B | |
| Dividend Yield | 7.81% | 3.31% | |
| Holdings | 436 | 104 | |
| YTD Return | +1.17% | +22.69% | |
| 1Y Return | +4.97% | +30.94% | |
| 3Y Return (annualized) | - | +14.20% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 2.6% | 13.7% | |
| Max Drawdown | -3.5% | -33.4% | |
| Fund Family | Janus Henderson Investors | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Nov 12, 2024 | Oct 20, 2011 |
JIII vs SCHD Performance
Janus Henderson Income ETF (JIII) 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 JIII returned +4.97% while SCHD returned +30.94%. Year to date, JIII is up 1.17% versus a gain of 22.69% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 2.6% for JIII. 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 -3.5% for JIII 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 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JIII charges 0.54% per year while SCHD charges 0.06%. On a $10,000 position that is $54 vs $6 annually, a gap of $48 per year that compounds over a long holding period. On income, JIII currently yields 7.81% against 3.31% for SCHD.
Holdings Overlap
JIII and SCHD share 0 holdings out of 255 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JIII or SCHD?
JIII has an expense ratio of 0.54% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $48 per year of difference.
Which performed better, JIII or SCHD?
Over the past year JIII returned +4.97% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), JIII annualized +5.82% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, JIII or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 2.6% for JIII. Worst drawdown: JIII -3.5% vs SCHD -33.4%.
Should I hold both JIII and SCHD?
JIII and SCHD have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JIII and SCHD?
JIII and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 255 unique securities.
Which pays a higher dividend, JIII or SCHD?
JIII yields 7.81% while SCHD yields 3.31%, so JIII currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.