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JEPQ vs SCHD: Performance & Backtest Comparison

JEPQ delivered the higher return - 17.97% CAGR vs 8.45% - over 2022-06-30 → 2026-06-30.

Growth comparison

Drawdown

Annual returns

JEPQSCHD
NameJPMorgan Nasdaq Equity Premium Income ETFSchwab US Dividend Equity ETF
CAGR17.97%8.45%
Total return96.39%39.29%
Volatility13.75%15.14%
Max drawdown-13.53%Sep 2022-13.85%Sep 2022
Sharpe0.980.33
Sortino1.450.58
Best year36.23%16.58%
Worst year-9.50%-1.13%
Final balance$19,639$13,929

Correlation of monthly returns: 0.54. 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, JEPQ or SCHD?

Over 2022-06-30 to 2026-06-30, JEPQ performed better: 17.97% annualized versus 8.45% for SCHD, with dividends reinvested. Past performance does not guarantee future results.

How similar are JEPQ and SCHD?

Their monthly returns have a correlation of 0.54 over the common period. JEPQ is JPMorgan Nasdaq Equity Premium Income ETF; SCHD is Schwab US Dividend Equity ETF.

Which is riskier, JEPQ or SCHD?

Over the common period JEPQ had 13.75% annualized volatility and a -13.53% max drawdown, versus 15.14% and -13.85% for SCHD.