SCHY vs. JEPI

Last updated Aug 5, 2026

SCHY (Schwab International Dividend Equity ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both Dividend funds. SCHY is passively managed, while JEPI is actively managed. Over the past 5 years, SCHY returned 9.15%/yr vs 7.44%/yr for JEPI. Their 0.61 correlation means they have sometimes moved together and sometimes differently. SCHY charges 0.08%/yr vs 0.35%/yr for JEPI.

Performance

SCHY vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab International Dividend Equity ETF (SCHY) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHY achieves a 14.32% return, which is significantly higher than JEPI's 5.04% return.

SCHY

• 1D: 0.42%
• 1M: 4.49%
• 6M: 6.33%
• YTD: 14.32%
• 1Y: 27.64%
• 3Y*: 16.91%
• 5Y*: 9.15%
• 10Y*: —
• ALL TIME*: 9.47%

JEPI

• 1D: 0.00%
• 1M: 1.78%
• 6M: 2.60%
• YTD: 5.04%
• 1Y: 10.49%
• 3Y*: 9.69%
• 5Y*: 7.44%
• 10Y*: —
• ALL TIME*: 11.36%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JEPI JPMorgan Equity Premium Income ETF	$281.46M	$266.57M	$294.72M
SCHY Schwab International Dividend Equity ETF	$27.21M	$25.61M	$19.67M

SCHY vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SCHY Schwab International Dividend Equity ETF	14.32%	33.98%	-1.79%	14.27%	-9.43%	3.42%
JEPI JPMorgan Equity Premium Income ETF	5.04%	8.09%	12.57%	9.83%	-3.49%	12.99%

Correlation

The correlation between SCHY and JEPI is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.58
Correlation (3Y) Balances recent behavior with more history.	0.57
Correlation (5Y) Shows whether the relationship held over a longer period.	0.61
Correlation (All Time) Calculated using the full available price history since Apr 29, 2021	0.61

The correlation between SCHY and JEPI has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.

SCHY vs. JEPI - Sectors Allocation Comparison

Sectors	SCHY	JEPI
Consumer Defensive	17.6%	7.7%
Financial Services	13.2%	8.9%
Communication Services	11.6%	6.1%
Technology	9.0%	15.4%
Industrials	8.8%	11.2%
Healthcare	8.6%	12.9%
Consumer Cyclical	7.6%	9.8%
Energy	7.2%	2.6%
Utilities	5.7%	4.9%
Basic Materials	5.4%	1.6%
Real Estate	0.6%	2.6%

Return for Risk

SCHY vs. JEPI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SCHY

SCHY Risk / Return Rank: 81
SCHY Sharpe Ratio Rank: 88
SCHY Sortino Ratio Rank: 87
SCHY Omega Ratio Rank: 87
SCHY Calmar Ratio Rank: 77
SCHY Martin Ratio Rank: 65

JEPI

JEPI Risk / Return Rank: 44
JEPI Sharpe Ratio Rank: 47
JEPI Sortino Ratio Rank: 48
JEPI Omega Ratio Rank: 46
JEPI Calmar Ratio Rank: 40
JEPI Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCHY vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab International Dividend Equity ETF (SCHY) and JPMorgan Equity Premium Income ETF (JEPI). 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.

	SCHY	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	2.32	1.31	+1.00
Sortino ratio: Return per unit of downside risk	3.17	1.93	+1.24
Omega ratio: Gain probability vs. loss probability	1.42	1.24	+0.18
Calmar ratio: Return relative to maximum drawdown	3.05	1.58	+1.47
Martin ratio: Return relative to average drawdown	8.68	4.47	+4.22

SCHY vs. JEPI - Sharpe Ratio Comparison

The current SCHY Sharpe Ratio is 2.32, which is higher than the JEPI Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of SCHY and JEPI, 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

SCHY vs. JEPI - Drawdown Comparison

The maximum SCHY drawdown since its inception was -24.04%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for SCHY and JEPI.

Drawdown Indicators

	SCHY	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-24.04%	-13.71%	-10.33%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-6.68%	-2.43%
Max Drawdown (3Y) Largest decline over 3 years	-12.16%	-13.26%	+1.10%
Max Drawdown (5Y) Largest decline over 5 years	-24.04%	-13.71%	-10.33%
Current Drawdown Current decline from peak	-0.03%	-0.18%	+0.15%
Average Drawdown Average peak-to-trough decline	-4.92%	-2.13%	-2.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	2.35%	+0.84%

Volatility

SCHY vs. JEPI - Volatility Comparison

Schwab International Dividend Equity ETF (SCHY) has a higher volatility of 2.58% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.21%. This indicates that SCHY's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHY	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.58%	2.21%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	10.01%	6.38%	+3.63%
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	8.08%	+3.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.27%	11.11%	+2.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.17%	10.73%	+2.44%

SCHY vs. JEPI - Expense Ratio Comparison

SCHY has a 0.08% expense ratio, which is lower than JEPI's 0.35% expense ratio.

Dividends

SCHY vs. JEPI - Dividend Comparison

SCHY's dividend yield for the trailing twelve months is around 3.31%, less than JEPI's 7.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
JEPI JPMorgan Equity Premium Income ETF	7.99%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%
SCHY Schwab International Dividend Equity ETF	3.31%	3.55%	4.64%	3.97%	3.67%	1.73%	0.00%

Frequently Asked Questions

Can I hold both SCHY and JEPI in my portfolio?

SCHY and JEPI have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHY or JEPI?

SCHY has higher volatility (2.58%) compared to JEPI (2.21%). In terms of maximum drawdown, SCHY dropped -24.04% vs JEPI's -13.71%.

Which ETF is better, SCHY or JEPI?

On 5-year performance, SCHY leads with 9.15% vs 7.44% for JEPI. On fees, SCHY is cheaper at 0.08% per year. On volatility, JEPI has been the lower-risk option at 2.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHY or JEPI?

Over the 5-year period, SCHY has performed better with a 9.15% return vs 7.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHY or JEPI?

SCHY is cheaper with a 0.08% expense ratio, compared with 0.35% for JEPI.

Which ETF pays a higher dividend yield, SCHY or JEPI?

JEPI has the higher dividend yield at 7.99%, compared with 3.31% for SCHY.

What is the main difference between SCHY and JEPI?

They also come from different issuers: Charles Schwab and JPMorgan. Their fees differ too: 0.08% for SCHY and 0.35% for JEPI.

Which has better risk-adjusted returns?

SCHY currently has the higher Sharpe Ratio (2.32 vs 1.31), 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.