JEPQ vs SCHD: Dividend Yield, Growth & Safety Comparison
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Schwab US Dividend Equity ETF (SCHD) are both in the ETF sector, making them natural rivals for dividend investors. JEPQ offers a significantly higher 10.31% yield compared to SCHD's 3.51%, a gap of 6.80%. For dividend growth, SCHD leads with a 5-year CAGR of 8.7% versus JEPQ's 1.9%. SCHD is a Dividend Contender with 14 years of consecutive increases.
Key Metrics Comparison
| Metric | JEPQ | SCHD |
|---|
| Dividend Yield | 10.31% | 3.51% |
| Annual Dividend | $6.14 | $1.05 |
| 5-Year CAGR | 1.9% | 8.7% |
| Payout Ratio | N/A | N/A |
| Consecutive Years | 0 | 14 |
| Price | $57.59 | $31.61 |
Yield Comparison
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) currently yields 10.31%, which is high for the broader market. That's 6.80% more than Schwab US Dividend Equity ETF (SCHD), which yields 3.51%. In dollar terms, JEPQ pays $6.14/share annually versus SCHD's $1.05/share.
Dividend Growth
Over the past five years, SCHD has grown its dividend at a 8.7% CAGR compared to JEPQ's 1.9%. JEPQ: Dividend growth is accelerating — the 3-year CAGR of 15.9% exceeds the 5-year rate of 1.9% and the 10-year rate of 1.9%. SCHD: Dividend growth has been steady, with a 3-year CAGR of 8.7% and a 5-year CAGR of 8.7% (10-year: 10.7%).
Dividend Safety
JEPQ's dividend safety is rated "Unknown." Insufficient data to assess dividend safety. SCHD's dividend safety is rated "Unknown." Insufficient data to assess dividend safety.
Income Comparison
A $10,000 investment in JEPQ generates approximately $1031/year in dividend income, compared to $351/year from SCHD — a difference of $680/year. At $100,000, that gap widens to $6800/year.
Verdict
- Best for income: JEPQ
- Best for growth: SCHD
Frequently Asked Questions
Which has a higher dividend yield, JEPQ or SCHD?
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a higher dividend yield of 10.31% compared to Schwab US Dividend Equity ETF (SCHD) at 3.51%.
Is JEPQ or SCHD a better dividend growth stock?
Schwab US Dividend Equity ETF has the stronger dividend growth with a 5-year CAGR of 8.7%, compared to JPMorgan Nasdaq Equity Premium Income ETF's 1.9%.
How much income does $10,000 in JEPQ vs SCHD generate?
A $10,000 investment in JEPQ generates approximately $1031/year in dividends, while the same amount in SCHD generates about $351/year.
Is JEPQ or SCHD a Dividend Aristocrat?
Schwab US Dividend Equity ETF is a Dividend Contender with 14 consecutive years of increases. JPMorgan Nasdaq Equity Premium Income ETF does not currently qualify for aristocrat status.
JEPQ vs SCHD: which is better for retirement income?
It depends on your priorities. JEPQ for current income, SCHD for dividend growth. Many retirement investors hold both for diversification.
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