SCHY vs. JEPQ

Last updated Jun 14, 2026

SCHY (Schwab International Dividend Equity ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - SCHY is a Dividend fund tracking the Dow Jones International Dividend 100 Index, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. Both are passively managed. Over the past 3 years, SCHY returned 15.61%/yr vs 19.91%/yr for JEPQ. At a 0.49 correlation, their price movements are largely independent. SCHY charges 0.08%/yr vs 0.35%/yr for JEPQ.

Performance

SCHY vs. JEPQ - Performance Comparison

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

Returns By Period

In the year-to-date period, SCHY achieves a 10.44% return, which is significantly higher than JEPQ's 7.85% return.

SCHY

• 1D: 0.24%
• 1M: 1.36%
• YTD: 10.44%
• 6M: 11.90%
• 1Y: 23.76%
• 3Y*: 15.61%
• 5Y*: 8.28%
• 10Y*: —

JEPQ

• 1D: 0.62%
• 1M: 0.68%
• YTD: 7.85%
• 6M: 8.80%
• 1Y: 26.60%
• 3Y*: 19.91%
• 5Y*: —
• 10Y*: —

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

SCHY vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SCHY Schwab International Dividend Equity ETF	10.44%	33.98%	-1.79%	14.27%	-5.04%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	7.85%	15.18%	24.85%	36.28%	-11.16%

Correlation

The correlation between SCHY and JEPQ is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (All Time) Calculated using the full available price history since May 4, 2022	0.49

SCHY vs. JEPQ - Sectors Allocation Comparison

Sectors	SCHY	JEPQ
Financial Services	15.9%	0.3%
Communication Services	15.0%	13.9%
Consumer Defensive	14.4%	6.0%
Industrials	13.0%	2.8%
Energy	9.6%	0.3%
Consumer Cyclical	7.8%	11.8%
Healthcare	7.4%	3.9%
Utilities	6.8%	1.1%
Basic Materials	5.8%	0.9%
Technology	3.6%	58.9%
Real Estate	0.8%	0.2%

Return for Risk

SCHY vs. JEPQ — Risk / Return Rank

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

SCHY

SCHY Risk / Return Rank: 60
SCHY Sharpe Ratio Rank: 65
SCHY Sortino Ratio Rank: 64
SCHY Omega Ratio Rank: 63
SCHY Calmar Ratio Rank: 56
SCHY Martin Ratio Rank: 51

JEPQ

JEPQ Risk / Return Rank: 74
JEPQ Sharpe Ratio Rank: 73
JEPQ Sortino Ratio Rank: 69
JEPQ Omega Ratio Rank: 79
JEPQ Calmar Ratio Rank: 66
JEPQ Martin Ratio Rank: 81

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.

SCHY vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab International Dividend Equity ETF (SCHY) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). 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	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	1.86	2.03	-0.17
Sortino ratio: Return per unit of downside risk	2.56	2.69	-0.13
Omega ratio: Gain probability vs. loss probability	1.33	1.40	-0.07
Calmar ratio: Return relative to maximum drawdown	2.46	2.91	-0.45
Martin ratio: Return relative to average drawdown	7.63	13.84	-6.21

SCHY vs. JEPQ - Sharpe Ratio Comparison

The current SCHY Sharpe Ratio is 1.86, which is comparable to the JEPQ Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of SCHY and JEPQ, 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. JEPQ - Drawdown Comparison

The maximum SCHY drawdown since its inception was -24.04%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for SCHY and JEPQ.

Drawdown Indicators

	SCHY	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-24.04%	-20.07%	-3.97%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-8.82%	-0.29%
Max Drawdown (3Y) Largest decline over 3 years	-12.16%	-20.07%	+7.91%
Max Drawdown (5Y) Largest decline over 5 years	-24.04%	—	—
Current Drawdown Current decline from peak	-2.94%	-1.64%	-1.30%
Average Drawdown Average peak-to-trough decline	-4.97%	-3.41%	-1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	1.85%	+1.10%

Volatility

SCHY vs. JEPQ - Volatility Comparison

The current volatility for Schwab International Dividend Equity ETF (SCHY) is 3.37%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 4.98%. This indicates that SCHY experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHY	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	4.98%	-1.61%
Volatility (6M) Calculated over the trailing 6-month period	9.96%	10.22%	-0.26%
Volatility (1Y) Calculated over the trailing 1-year period	12.07%	12.61%	-0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.28%	16.73%	-3.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.23%	16.73%	-3.50%

SCHY vs. JEPQ - Expense Ratio Comparison

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

Dividends

SCHY vs. JEPQ - Dividend Comparison

SCHY's dividend yield for the trailing twelve months is around 3.36%, less than JEPQ's 10.22% yield.

Position	TTM	2025	2024	2023	2022	2021
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.22%	10.53%	9.65%	10.03%	9.44%	0.00%
SCHY Schwab International Dividend Equity ETF	3.36%	3.55%	4.64%	3.97%	3.67%	1.73%

Frequently Asked Questions

Can I hold both SCHY and JEPQ in my portfolio?

SCHY and JEPQ have a correlation of 0.45, 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 JEPQ?

JEPQ has higher volatility (4.98%) compared to SCHY (3.37%). In terms of maximum drawdown, SCHY dropped -24.04% vs JEPQ's -20.07%.

Which ETF is better, SCHY or JEPQ?

On 3-year performance, JEPQ leads with 19.91% vs 15.61% for SCHY. On fees, SCHY is cheaper at 0.08% per year. On volatility, SCHY has been the lower-risk option at 3.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHY or JEPQ?

Over the 3-year period, JEPQ has performed better with a 19.91% return vs 15.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHY or JEPQ?

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

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

JEPQ has the higher dividend yield at 10.22%, compared with 3.36% for SCHY.

What is the main difference between SCHY and JEPQ?

SCHY is categorized as Dividend, while JEPQ is Nasdaq-100. SCHY tracks Dow Jones International Dividend 100 Index, while JEPQ tracks Nasdaq-100 Index. They also come from different issuers: Charles Schwab and JPMorgan. Their fees differ too: 0.08% for SCHY and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (2.03 vs 1.86), 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.