SCHD vs JEPI: Dividend Yield, Total Return & Fees Compared
Schwab U.S. Dividend Equity ETFJPMorgan Equity Premium Income ETF
Data as of the close · refreshed automatically every trading day
SCHD vs JEPI at a glance
This page compares Schwab U.S. Dividend Equity ETF (SCHD) with JPMorgan Equity Premium Income ETF (JEPI) 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 +8.55% for JEPI. JEPI currently yields 8.07% (trailing 12-month) against 3.18% for SCHD. Across five years the total-return gap is +57.83% for SCHD vs +42.95% for JEPI.
The higher-yielding fund (JEPI) 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.
| Metric | SCHD | JEPI |
|---|---|---|
| Last close | $33.21 | $56.76 |
| Dividend yield | 3.18% (TTM) | 8.07% (TTM) |
| Expense ratio | 0.06% | 0.35% |
| Pays | quarterly | monthly |
| Dividends, last 12 months | $1.06 (4 payments) | $4.58 (12 payments) |
| Issuer | Schwab | J.P. Morgan |
| Inception | Oct 21, 2011 | May 21, 2020 |
Performance: SCHD vs JEPI
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026
Overview
Key fund stats as of the latest close.
Total returns
Price change plus dividends paid, by holding period. Best in each period is outlined.
Recent dividend payments
The latest 12 distributions per share for each fund, newest first.
| SCHD | JEPI | ||
|---|---|---|---|
| Sep 23, 2026 | $0.267 | Sep 1, 2026 | $0.371 |
| Jun 24, 2026 | $0.253 | Aug 3, 2026 | $0.367 |
| Mar 25, 2026 | $0.257 | Jul 1, 2026 | $0.387 |
| Dec 10, 2025 | $0.278 | Jun 1, 2026 | $0.389 |
| Sep 24, 2025 | $0.260 | May 1, 2026 | $0.448 |
| Jun 25, 2025 | $0.260 | Apr 1, 2026 | $0.421 |
| Mar 26, 2025 | $0.249 | Mar 2, 2026 | $0.351 |
| Dec 11, 2024 | $0.265 | Feb 2, 2026 | $0.344 |
| Sep 25, 2024 | $0.250 | Dec 31, 2025 | $0.427 |
| Jun 26, 2024 | $0.270 | Dec 1, 2025 | $0.371 |
| Mar 20, 2024 | $0.200 | Nov 3, 2025 | $0.346 |
| Dec 6, 2023 | $0.250 | Oct 1, 2025 | $0.361 |
SCHD vs JEPI: common questions
Which pays a higher dividend, SCHD or JEPI?
As of September 25, 2026, SCHD yields 3.18% (trailing 12-month) and JEPI yields 8.07% (trailing 12-month), so JEPI currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, SCHD or JEPI?
Over the past year with dividends reinvested, SCHD returned +27.35% and JEPI returned +8.55%. Over five years, SCHD returned +57.83% and JEPI returned +42.95%. Past performance does not predict future results.
What would $10,000 in SCHD vs JEPI be worth after one year?
With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $12,735 in SCHD and $10,855 in JEPI.
Which is cheaper to own, SCHD or JEPI?
SCHD has the lower expense ratio at 0.06% a year, compared with 0.35% for JEPI. On $10,000 that is roughly $6 vs $35 a year.
How often do SCHD and JEPI pay dividends?
SCHD pays quarterly (4 payments in the last 12 months) and JEPI pays monthly (12 payments).
Is SCHD or JEPI 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
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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.