JQUA vs SCHK
JPMorgan US Quality Factor ETF vs Schwab 1000 Index ETF
Which is better, JQUA or SCHK?
Nearly the same fund. SCHK costs less.
SCHK has a lower expense ratio. JQUA led over 1Y, 5Y and the full window, SCHK over 3Y. The two have moved almost in lockstep, correlation 0.97. JQUA is less concentrated, with 19.8% of the fund in its ten largest positions against 36.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JQUA | SCHK |
|---|---|---|
| Expense Ratio | 0.12% | 0.03%Best |
| AUM | $9.3B | $5.8B |
| Dividend Yield | 1.08% | 1.04% |
| Holdings | 624 | 986 |
| YTD Return | +19.98%Best | +13.20% |
| 1Y Return | +21.86%Best | +16.85% |
| 3Y Return (annualized) | +20.91% | +22.21%Best |
| 5Y Return (annualized) | +13.77%Best | +12.41% |
| Volatility (annualized) | 15.3%Best | 16.6% |
| Max Drawdown | -32.9%Best | -34.8% |
| $10,000 over 5 years | $19,061Best | $17,948 |
| Top 10 Weight | 19.8%Best | 36.0% |
| Fund Family | J.P. Morgan Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 8, 2017 | Oct 11, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Nov 9, 2017 to Oct 14, 2026 (8.9 years).
JQUA vs SCHK growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.9 years both funds cover.
JQUA vs SCHK Performance
JPMorgan US Quality Factor ETF (JQUA) is an ETF from J.P. Morgan Asset Management and Schwab 1000 Index ETF (SCHK) is an ETF from Charles Schwab Asset Management. Over the past year JQUA returned +21.86% while SCHK returned +16.85%. Year to date, JQUA is up 19.98% versus a gain of 13.20% for SCHK.
Over three years, JQUA compounded at +20.91% per year against +22.21% for SCHK; over five years the annualized figures are +13.77% and +12.41% respectively. Across the full 9-year window we track, JQUA has the edge at +14.13% annualized vs +13.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHK has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 15.3% for JQUA. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -32.9% for JQUA and -34.8% for SCHK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JQUA charges 0.12% per year while SCHK charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, JQUA currently yields 1.08% against 1.04% for SCHK.
Holdings Overlap
94.2% of JQUA's money is in holdings SCHK also owns. 57.8% of SCHK's money is in holdings JQUA also owns.
Most of JQUA is already inside SCHK. Owning both mostly buys the same companies twice.
271 positions in common, counted across the 306 positions we hold weights for in JQUA and 998 in SCHK, against full books of 624 and 986.
What only one of them owns
Our book lists 685 positions for SCHK that do not appear in our book for JQUA (41.4% of the fund), and 25 for JQUA that do not appear in SCHK (4.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in JQUA | Weight in SCHK | Difference |
|---|---|---|---|
| NVDANvidia Corp | 2.00% | 7.83% | 5.83% |
| AAPLApple, Inc | 2.06% | 6.74% | 4.68% |
| MSFTMicrosoft Corp | 2.05% | 5.32% | 3.27% |
| GOOGLAlphabet Inc | 1.80% | 2.79% | 0.99% |
| METAMeta Platforms Inc | 2.10% | 2.22% | 0.12% |
| AVGOBroadcom Inc | 1.92% | 2.34% | 0.42% |
| MUMicron Technology, Inc. | 2.16% | 1.68% | 0.48% |
| AMDAdvanced Micro Devices Inc | 2.26% | 1.43% | 0.83% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.61% | 1.30% | 0.31% |
| XOMExxonmobil Corp. | 1.78% | 0.93% | 0.85% |
94.2% of JQUA is already inside SCHK.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JQUA or SCHK?
JQUA has an expense ratio of 0.12% while SCHK charges 0.03%. SCHK is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, JQUA or SCHK?
Over the past year JQUA returned +21.86% vs +16.85% for SCHK, so JQUA leads on 1-year performance. Over the longest common window we track (9 years), JQUA annualized +14.13% vs +13.69% for SCHK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JQUA or SCHK?
SCHK has been the more volatile fund at 16.6% annualized versus 15.3% for JQUA. Worst drawdown: JQUA -32.9% vs SCHK -34.8%.
Should I hold both JQUA and SCHK?
JQUA and SCHK have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between JQUA and SCHK?
94.2% of JQUA's money is in holdings SCHK also owns. 57.8% of SCHK's is in holdings JQUA also owns. They hold 271 positions in common, counted across the 306 positions we hold weights for in JQUA and 998 in SCHK.
Which pays a higher dividend, JQUA or SCHK?
JQUA yields 1.08% while SCHK yields 1.04%, so JQUA currently pays the higher dividend yield.
Is SCHK better than JQUA?
SCHK has a lower expense ratio. JQUA led over 1Y, 5Y and the full window, SCHK over 3Y. The two have moved almost in lockstep, correlation 0.97. JQUA is less concentrated, with 19.8% of the fund in its ten largest positions against 36.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.