JEPI vs SCHD
JPMorgan Equity Premium Income ETF compared with Schwab U.S. Dividend Equity ETF on yield, payout growth, payment schedule, cost and risk.
JEPI
JPMorgan Equity Premium Income ETF
TTM yield · Monthly
SCHD
Schwab U.S. Dividend Equity ETF
TTM yield · Quarterly
Quick take
- JEPI yields more today: 8.06% vs 2.94% (forward).
- SCHD has grown its payout faster: 7.5%/yr vs -0.1%/yr over the last 5 years.
- JEPI pays every month; SCHD pays every quarter.
- SCHD has the longer streak of annual increases: 8 years vs 1.
- Over the last year SCHD delivered the higher total return: +27.0% vs +7.6% (price change plus payouts).
- SCHD is cheaper to own: 0.06% vs 0.35% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPI | SCHD |
|---|---|---|
| Share price | $56.88 | $34.40 |
| TTM yield | 8.06% | 3.05% |
| Forward yield | 8.06% | 2.94% |
| Annual payout per share | $4.583 | $1.012 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 23, 2026 (est.) |
| Expense ratio | 0.35% | 0.06% |
| 1-year payout growth | -4.1% | +2.2% |
| 5-year payout CAGR | -0.1% | +7.5% |
| Consecutive years of increases | 1 year | 8 years |
| Payout consistency (last 12) | 92/100 | 92/100 |
| 1-year total return | +7.6% | +27.0% |
| 1-year price return | -0.5% | +23.2% |
| Size (market cap / AUM) | 46.2B | 112.3B |
| Years paying | 6.2 | 14.7 |
| Sector / category | Derivative Income | Large Value |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| JEPI | SCHD | |
|---|---|---|
| Shares | 175.8 | 290.7 |
| Income per year | $806 | $294 |
| Income per month (avg) | $67 | $25 |
At forward yields, before taxes. Model JEPI · Model SCHD
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| JEPI Oct 1, 2026 | Oct 15, 2026 | $0.3819 | Est. |
| JEPI Oct 31, 2026 | Nov 14, 2026 | $0.3819 | Est. |
| JEPI Nov 30, 2026 | Dec 14, 2026 | $0.3819 | Est. |
| SCHD Sep 23, 2026 | Oct 7, 2026 | $0.253 | Est. |
| SCHD Dec 23, 2026 | Jan 6, 2027 | $0.253 | Est. |
| SCHD Mar 24, 2027 | Apr 7, 2027 | $0.253 | Est. |
Annual payouts per share
JEPISCHD
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, JEPI or SCHD?
JEPI currently has the higher trailing yield: JEPI yields 8.06% and SCHD yields 3.05%. Yield changes daily with price, so check the live figures above.
How often do JEPI and SCHD pay?
JEPI pays every month and SCHD pays every quarter. JEPI's next ex-date is Oct 1, 2026 and SCHD's is Sep 23, 2026.
Which has grown its dividend faster, JEPI or SCHD?
SCHD has grown its payout faster: 7.5%/yr vs -0.1%/yr over the last 5 years.
Is JEPI or SCHD better for income?
It depends on what you are optimising for. JEPI and SCHD differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.