JEPQ vs SCHD: Dividend Yield, Total Return & Fees Compared

JPMorgan Nasdaq Equity Premium Income ETFSchwab U.S. Dividend Equity ETF

Data as of the close · refreshed automatically every trading day

Higher yieldJEPQ11.05% vs 3.18%
Better 1-year total returnSCHD+27.35% vs +20.33%
Lower expense ratioSCHD0.06% vs 0.35%

JEPQ vs SCHD at a glance

This page compares JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) with Schwab U.S. Dividend Equity ETF (SCHD) using prices and distributions through September 25, 2026. The numbers update automatically after each trading session.

With dividends reinvested, SCHD has led over the last 12 months at +27.35% versus +20.33% for JEPQ. JEPQ currently yields 11.05% (trailing 12-month) against 3.18% for SCHD.

The higher-yielding fund (JEPQ) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.

Key figures for JEPQ and SCHD
MetricJEPQSCHD
Last close$61.24$33.21
Dividend yield11.05% (TTM)3.18% (TTM)
Expense ratio0.35%0.06%
Paysmonthlyquarterly
Dividends, last 12 months$6.77 (12 payments)$1.06 (4 payments)
IssuerJ.P. MorganSchwab
InceptionMay 4, 2022Oct 21, 2011

Performance: JEPQ vs SCHD

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

JEPQSCHD

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
JEPQJPMorgan Nasdaq Equity Premium Income ETF
11.05%
+20.33%$61.24$0.683MonthlyJ.P. Morgan
SCHDSchwab U.S. Dividend Equity ETF
3.18%
+27.35%Best$33.21$0.267QuarterlySchwab

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
JEPQJPMorgan Nasdaq Equity Premium Income ETF+3.68%+5.37%+15.78%+20.33%+40.44%—
SCHDSchwab U.S. Dividend Equity ETF-4.65%+4.74%+10.49%+27.35%+28.43%+57.83%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
JEPQJPMorgan Nasdaq Equity Premium Income ETF$0.683Sep 1, 2026-3.12%$6.76512 payoutsOct 1, 2025: $0.446Nov 3, 2025: $0.476Dec 1, 2025: $0.553Dec 31, 2025: $0.576Feb 2, 2026: $0.466Mar 2, 2026: $0.509Apr 1, 2026: $0.559May 1, 2026: $0.591Jun 1, 2026: $0.564Jul 1, 2026: $0.637Aug 3, 2026: $0.705Sep 1, 2026: $0.683
SCHDSchwab U.S. Dividend Equity ETF$0.267Sep 23, 2026+5.53%$1.0554 payoutsDec 6, 2023: $0.25Mar 20, 2024: $0.20Jun 26, 2024: $0.27Sep 25, 2024: $0.25Dec 11, 2024: $0.265Mar 26, 2025: $0.249Jun 25, 2025: $0.26Sep 24, 2025: $0.26Dec 10, 2025: $0.278Mar 25, 2026: $0.257Jun 24, 2026: $0.253Sep 23, 2026: $0.267

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

JEPQSCHD
Sep 1, 2026$0.683Sep 23, 2026$0.267
Aug 3, 2026$0.705Jun 24, 2026$0.253
Jul 1, 2026$0.637Mar 25, 2026$0.257
Jun 1, 2026$0.564Dec 10, 2025$0.278
May 1, 2026$0.591Sep 24, 2025$0.260
Apr 1, 2026$0.559Jun 25, 2025$0.260
Mar 2, 2026$0.509Mar 26, 2025$0.249
Feb 2, 2026$0.466Dec 11, 2024$0.265
Dec 31, 2025$0.576Sep 25, 2024$0.250
Dec 1, 2025$0.553Jun 26, 2024$0.270
Nov 3, 2025$0.476Mar 20, 2024$0.200
Oct 1, 2025$0.446Dec 6, 2023$0.250

JEPQ vs SCHD: common questions

Which pays a higher dividend, JEPQ or SCHD?

As of September 25, 2026, JEPQ yields 11.05% (trailing 12-month) and SCHD yields 3.18% (trailing 12-month), so JEPQ currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, JEPQ or SCHD?

Over the past year with dividends reinvested, JEPQ returned +20.33% and SCHD returned +27.35%. Past performance does not predict future results.

What would $10,000 in JEPQ vs SCHD be worth after one year?

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $12,033 in JEPQ and $12,735 in SCHD.

Which is cheaper to own, JEPQ or SCHD?

SCHD has the lower expense ratio at 0.06% a year, compared with 0.35% for JEPQ. On $10,000 that is roughly $6 vs $35 a year.

How often do JEPQ and SCHD pay dividends?

JEPQ pays monthly (12 payments in the last 12 months) and SCHD pays quarterly (4 payments).

Is JEPQ or SCHD the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Related comparisons

More side-by-side comparisons with JEPQ and SCHD.

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.