SCHD vs JEPI: Key Differences

SCHD and JEPI represent two distinct income approaches. SCHD pursues dividend growth through equity ownership; JEPI supplements equity income with an options overlay to deliver a higher monthly distribution.

SCHD’s income tends to grow over time as portfolio companies raise dividends. JEPI’s payout is partially driven by options premium, which can fluctuate with market volatility — a different risk profile.

Estimate Your Income

Enter an investment amount above to compare estimated annual and monthly income from SCHD and JEPI side by side.

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Metric

SCHD

JEPI

Dividend yield

3.25%

8.45%

Expense ratio

0.06%

0.35%

1-year return

28.6%

7.8%

5-year total return

53.4%

39.4%

Risk note

배당 성장 중심, 경기방어 섹터 비중 높음

커버드콜 전략 — 고배당이나 상승장 수익 제한

Data as of: 2026-06-14

Method and limits

Formula

annual_dividend = amount × yield ; 비교는 동일 투자금액 기준의 명목 배당 흐름

Worked example

On the same 10,000 USD, annual dividends are about 325 USD for SCHD (yield 3.25%) versus 845 USD for JEPI (yield 8.45%), a gap of roughly 520 USD. Expense ratios differ too — SCHD 0.06% vs JEPI 0.35% — which compounds against long-run total return.

Assumptions

All math runs in your browser; inputs are never sent to a server.

Currency display uses a fixed exchange rate captured on the date below, not a live rate.

Data sources

Ticker yields, expense ratios, and returns come from periodically collected public market data (Yahoo Finance). They are not real-time quotes.

FX rates are closing values from the same collection run.

Data as of: 2026-06-14

What is not included

Taxes (dividend/capital gains), trading commissions, currency conversion costs

Tracking error, timing differences in distribution reinvestment, bid-ask spread

Dividend cuts or suspensions, expense-ratio changes, fund closures

How to verify this yourself

Put the same inputs into the formula above in a spreadsheet — you should reproduce these results exactly.

Cross-check ticker figures against each issuer's official fact sheet and filings.

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