SCHD vs JEPI: Income Fund Comparison
Schwab U.S. Dividend Equity ETF - US (SCHD) and JPMorgan Equity Premium Income ETF - US (JEPI) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.
Also see: SCHD individual review · JEPI individual review
SCHD: One of the lowest MER's you'll find at 0.06%. JEPI: Expense ratio is 0.35% which is low for an options-based income ETF. SCHD oct 20th 2011 was the fund start date. JEPI fund inception date was May 20th 2020 - approximately 5.8 years of history as of review date. Full Dependability and Return scores for both funds are available in the app.
| SCHD | JEPI | |
|---|---|---|
| Fund Name | Schwab U.S. Dividend Equity ETF - US | JPMorgan Equity Premium Income ETF - US |
| Fund Type | Index Based Fund | Diversified Fund |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | 2025-12-15 | 2026-03-06 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: SCHD vs JEPI 20% of overall score
Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.
One of the lowest MER's you'll find at 0.06%.
Expense ratio is 0.35% which is low for an options-based income ETF.
Schwab has a jaw dropping 10 Trillion in assets under management.
J.P. Morgan Asset Management has trillions in assets under management - one of the largest asset managers in the world.
Oct 20th 2011 was the fund start date.
Fund inception date was May 20th 2020 - approximately 5.8 years of history as of review date.
72 Billion in this fund.
Approximately $44.58 Billion in assets under management as of March 2026. One of the most popular income ETFs in the world.
Risk: SCHD vs JEPI 35% of overall score
Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.
Beta is 0.85 which is lower volatility than the S&P500.
Beta is 0.58 vs SPY (2020-05-29 to 2026-03-06) - significantly lower than the market. Very low volatility for an income fund.
See the full Risk analysis for both SCHD and JEPI — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: SCHD vs JEPI 45% of overall score
Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
Pays dividends quarterly.
Monthly distributions.
See the full Return analysis for both SCHD and JEPI — yield ratings, distribution consistency scores, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes for both SCHD and JEPI are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: SCHD vs JEPI
Which has a lower expense ratio, SCHD or JEPI?
SCHD: One of the lowest MER's you'll find at 0.06%.
JEPI: Expense ratio is 0.35% which is low for an options-based income ETF.
Which fund has more assets under management, SCHD or JEPI?
SCHD: 72 Billion in this fund.
JEPI: Approximately $44.58 Billion in assets under management as of March 2026. One of the most popular income ETFs in the world.
Which fund has been trading longer, SCHD or JEPI?
SCHD: Oct 20th 2011 was the fund start date.
JEPI: Fund inception date was May 20th 2020 - approximately 5.8 years of history as of review date.
Who manages SCHD vs JEPI?
SCHD: Schwab has a jaw dropping 10 Trillion in assets under management.
JEPI: J.P. Morgan Asset Management has trillions in assets under management - one of the largest asset managers in the world.
Where can I see the full SCHD vs JEPI comparison with scores?
The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.
What is the difference between SCHD and JEPI?
Schwab U.S. Dividend Equity ETF - US is a Index Based Fund. One of the lowest MER's you'll find at 0.06%. JPMorgan Equity Premium Income ETF - US is a Diversified Fund. Expense ratio is 0.35% which is low for an options-based income ETF. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, SCHD or JEPI?
SCHD: One of the lowest MER's you'll find at 0.06%. Oct 20th 2011 was the fund start date. JEPI: Expense ratio is 0.35% which is low for an options-based income ETF. Fund inception date was May 20th 2020 - approximately 5.8 years of history as of review date. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.
Do SCHD and JEPI pay monthly distributions?
SCHD: Pays dividends quarterly. JEPI: Monthly distributions. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full SCHD vs JEPI Comparison
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.
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