SCHA vs. SCDS

Last updated Jun 24, 2026

SCHA (Schwab U.S. Small-Cap ETF) and SCDS (JPMorgan Fundamental Data Science Small Core ETF) are both Small Cap Blend Equities funds. SCHA is passively managed, while SCDS is actively managed. Over the past year, SCHA returned 41.81% vs 45.21% for SCDS. With a 0.97 correlation, they move nearly in lockstep. SCHA charges 0.04%/yr vs 0.40%/yr for SCDS.

Performance

SCHA vs. SCDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Small-Cap ETF (SCHA) and JPMorgan Fundamental Data Science Small Core ETF (SCDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHA achieves a 22.53% return, which is significantly lower than SCDS's 26.51% return.

SCHA

• 1D: -1.72%
• 1M: 4.56%
• YTD: 22.53%
• 6M: 20.00%
• 1Y: 41.81%
• 3Y*: 19.85%
• 5Y*: 7.30%
• 10Y*: 11.72%

SCDS

• 1D: -1.08%
• 1M: 4.83%
• YTD: 26.51%
• 6M: 23.71%
• 1Y: 45.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SCHA vs. SCDS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SCHA Schwab U.S. Small-Cap ETF	22.53%	11.60%	11.29%
SCDS JPMorgan Fundamental Data Science Small Core ETF	26.51%	11.27%	7.26%

Correlation

The correlation between SCHA and SCDS is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (All Time) Calculated using the full available price history since Aug 8, 2024	0.97

The correlation between SCHA and SCDS has been stable across timeframes, ranging from 0.97 to 0.97 - a consistent structural relationship.

SCHA vs. SCDS - Sectors Allocation Comparison

Sectors	SCHA	SCDS
Technology	24.3%	23.8%
Financial Services	15.4%	15.2%
Industrials	15.4%	16.3%
Healthcare	13.8%	13.8%
Consumer Cyclical	9.2%	10.3%
Real Estate	5.8%	5.4%
Energy	4.8%	4.8%
Basic Materials	4.1%	3.2%
Consumer Defensive	2.5%	2.5%
Communication Services	2.3%	2.4%
Utilities	2.1%	2.3%

Return for Risk

SCHA vs. SCDS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCHA

SCHA Risk / Return Rank: 75
SCHA Sharpe Ratio Rank: 73
SCHA Sortino Ratio Rank: 72
SCHA Omega Ratio Rank: 64
SCHA Calmar Ratio Rank: 84
SCHA Martin Ratio Rank: 83

SCDS

SCDS Risk / Return Rank: 85
SCDS Sharpe Ratio Rank: 84
SCDS Sortino Ratio Rank: 84
SCDS Omega Ratio Rank: 76
SCDS Calmar Ratio Rank: 90
SCDS Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SCHA vs. SCDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Small-Cap ETF (SCHA) and JPMorgan Fundamental Data Science Small Core ETF (SCDS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SCHA	SCDS	Difference
Sharpe ratio: Return per unit of total volatility	2.24	2.44	-0.20
Sortino ratio: Return per unit of downside risk	3.11	3.38	-0.27
Omega ratio: Gain probability vs. loss probability	1.37	1.41	-0.03
Calmar ratio: Return relative to maximum drawdown	4.42	5.13	-0.71
Martin ratio: Return relative to average drawdown	16.18	17.82	-1.64

SCHA vs. SCDS - Sharpe Ratio Comparison

The current SCHA Sharpe Ratio is 2.24, which is comparable to the SCDS Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of SCHA and SCDS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCHA vs. SCDS - Drawdown Comparison

The maximum SCHA drawdown since its inception was -42.41%, which is greater than SCDS's maximum drawdown of -26.71%. Use the drawdown chart below to compare losses from any high point for SCHA and SCDS.

Drawdown Indicators

	SCHA	SCDS	Difference
Max Drawdown Largest peak-to-trough decline	-42.41%	-26.71%	-15.70%
Max Drawdown (1Y) Largest decline over 1 year	-9.50%	-8.85%	-0.65%
Max Drawdown (3Y) Largest decline over 3 years	-27.29%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.41%	—	—
Current Drawdown Current decline from peak	-1.72%	-1.08%	-0.64%
Average Drawdown Average peak-to-trough decline	-7.56%	-5.16%	-2.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	2.54%	+0.05%

Volatility

SCHA vs. SCDS - Volatility Comparison

Schwab U.S. Small-Cap ETF (SCHA) has a higher volatility of 6.71% compared to JPMorgan Fundamental Data Science Small Core ETF (SCDS) at 6.18%. This indicates that SCHA's price experiences larger fluctuations and is considered to be riskier than SCDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHA	SCDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.71%	6.18%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	13.92%	13.63%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	18.77%	18.68%	+0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.05%	21.25%	+0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.75%	21.25%	+1.50%

SCHA vs. SCDS - Expense Ratio Comparison

SCHA has a 0.04% expense ratio, which is lower than SCDS's 0.40% expense ratio.

Dividends

SCHA vs. SCDS - Dividend Comparison

SCHA's dividend yield for the trailing twelve months is around 0.98%, less than SCDS's 1.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCDS JPMorgan Fundamental Data Science Small Core ETF	1.10%	1.15%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHA Schwab U.S. Small-Cap ETF	0.98%	1.26%	1.51%	1.42%	1.37%	1.19%	1.05%	1.39%	1.58%	1.24%	1.50%	1.48%

Frequently Asked Questions

Can I hold both SCHA and SCDS in my portfolio?

With a correlation of 0.97, SCHA and SCDS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SCHA or SCDS?

SCHA has higher volatility (6.71%) compared to SCDS (6.18%). In terms of maximum drawdown, SCHA dropped -42.41% vs SCDS's -26.71%.

Which ETF is better, SCHA or SCDS?

On 1-year performance, SCDS leads with 45.21% vs 41.81% for SCHA. On fees, SCHA is cheaper at 0.04% per year. On volatility, SCDS has been the lower-risk option at 6.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHA or SCDS?

Over the 1-year period, SCDS has performed better with a 45.21% return vs 41.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHA or SCDS?

SCHA is cheaper with a 0.04% expense ratio, compared with 0.40% for SCDS.

Which ETF pays a higher dividend yield, SCHA or SCDS?

SCDS has the higher dividend yield at 1.10%, compared with 0.98% for SCHA.

What is the main difference between SCHA and SCDS?

They also come from different issuers: Charles Schwab and JPMorgan. Their fees differ too: 0.04% for SCHA and 0.40% for SCDS.

Which has better risk-adjusted returns?

SCDS currently has the higher Sharpe Ratio (2.44 vs 2.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.