JVAL vs SCHD

Quick Verdict

SCHD has a lower expense ratio. JVAL delivered stronger 1-year returns. JVAL offers more diversification with 377 holdings.

Lower Fees: SCHDHigher Returns: JVALMore Diversified: JVAL

Side-by-Side Comparison

MetricJVALSCHDWinner
Expense Ratio0.12%0.06%
AUM$834M$103.7B
Dividend Yield2.08%3.31%
Holdings390104
YTD Return+21.75%+24.08%
1Y Return+36.17%+31.88%
3Y Return (annualized)+20.10%+14.92%
5Y Return (annualized)+13.07%+9.85%
Volatility (annualized)18.3%13.6%
Max Drawdown-40.4%-33.4%
Fund FamilyJ.P. Morgan Asset ManagementCharles Schwab Asset Management
CategoryEquityEquity
InceptionNov 8, 2017Oct 20, 2011

JVAL vs SCHD Performance

JPMorgan US Value Factor ETF (JVAL) 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 JVAL returned +36.17% while SCHD returned +31.88%. Year to date, JVAL is up 21.75% versus a gain of 24.08% for SCHD.

Over three years, JVAL compounded at +20.10% per year against +14.92% for SCHD; over five years the annualized figures are +13.07% and +9.85% respectively. Across the full 9-year window we track, JVAL has the edge at +12.12% annualized vs +11.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

JVAL has been the more volatile fund, with annualized monthly volatility of 18.3% 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 -40.4% for JVAL 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

JVAL charges 0.12% per year while SCHD charges 0.06%. On a $10,000 position that is $12 vs $6 annually, a gap of $6 per year that compounds over a long holding period. On income, JVAL currently yields 2.08% against 3.31% for SCHD.

Holdings Overlap

12.1%overlap

JVAL and SCHD share 43 holdings out of 434 unique holdings combined, representing a 12.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in JVALWeight in SCHDDifference
MRK0.89%4.32%3.43%
UNH0.63%4.54%3.91%
HD0.56%4.16%3.60%
CVXProProPro
TXNProProPro
AMGNProProPro
VZProProPro
MOProProPro
QCOMProProPro
BMYProProPro
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Frequently Asked Questions

Which is cheaper, JVAL or SCHD?

JVAL has an expense ratio of 0.12% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $6 per year of difference.

Which performed better, JVAL or SCHD?

Over the past year JVAL returned +36.17% vs +31.88% for SCHD, so JVAL leads on 1-year performance. Over the longest common window we track (9 years), JVAL annualized +12.12% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, JVAL or SCHD?

JVAL has been the more volatile fund at 18.3% annualized versus 13.6% for SCHD. Worst drawdown: JVAL -40.4% vs SCHD -33.4%.

Should I hold both JVAL and SCHD?

JVAL and SCHD have a monthly-return correlation of 0.90, 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 JVAL and SCHD?

JVAL and SCHD share 43 common holdings with a 12.1% weight overlap. Combined, they hold 434 unique securities.

Which pays a higher dividend, JVAL or SCHD?

JVAL yields 2.08% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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