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JEPI vs SCHD: Performance & Backtest Comparison

SCHD delivered the higher return - 14.47% CAGR vs 6.12% - over 2020-06-30 → 2026-07-31.

Growth comparison

Drawdown

Annual returns

JEPISCHD
NameJPMorgan Equity Premium Income ETFSchwab US Dividend Equity ETF
CAGR6.12%14.47%
Total return44.26%130.12%
Volatility10.42%14.92%
Max drawdown-18.27%Sep 2022-15.68%Sep 2022
Sharpe0.350.79
Sortino0.551.50
Best year15.68%28.96%
Worst year-12.27%-3.23%
Final balance$14,426$23,012

Correlation of monthly returns: 0.87. Wondering if you need both? Check their fund overlap →

All figures are total returns: every dividend and distribution is reinvested on its ex-date, and prices are split-adjusted. See the methodology.

Which has performed better, JEPI or SCHD?

Over 2020-06-30 to 2026-07-31, SCHD performed better: 14.47% annualized versus 6.12% for JEPI, with dividends reinvested. Past performance does not guarantee future results.

How similar are JEPI and SCHD?

Their monthly returns have a correlation of 0.87 over the common period. JEPI is JPMorgan Equity Premium Income ETF; SCHD is Schwab US Dividend Equity ETF.

Which is riskier, JEPI or SCHD?

Over the common period JEPI had 10.42% annualized volatility and a -18.27% max drawdown, versus 14.92% and -15.68% for SCHD.