JEPQ vs SCHD: Which Is the Better Dividend Stock?
As of Nov 2, 2026, JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. JEPQ offers the higher yield at 11.96%, SCHD has the higher dividend-safety score, and JEPQ looks like the better value (its fair-value estimate is 96% above its share price).
Key facts: JEPQ vs SCHD
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has the higher forward dividend yield at 11.96%, versus 2.95% for Schwab U.S. Dividend Equity ETF (SCHD).
- As of Nov 2, 2026, SmarterDividends grades JEPQ's dividend safety C (57/100) and SCHD's A (83/100).
- By SmarterDividends' count as of Nov 2, 2026, JEPQ has raised its dividend for 2 consecutive years and SCHD for 14.
- As of Nov 2, 2026, JEPQ's fair-value estimate is 96% above its share price and SCHD's fair-value estimate is 34% below its share price, so JEPQ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JEPQ vs SCHD: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/jepq-vs-schd
| Metric | JEPQ | SCHD |
|---|---|---|
| Forward yield | 11.96% | 2.95% |
| Annual dividend | $6.89 | $1.06 |
| Payout ratio | — | — |
| Years of growth | 2 yr | 14 yr |
| 5-yr dividend growth | — | 9.1% |
| 5-yr total return | — | 41% |
| Dividend safety score | 57 (C) | 83 (A) |
| Fair value estimate | $112.94 | $23.68 |
| Upside to fair value | +96% | -34% |
| Frequency | monthly | quarterly |
| Market cap | — | — |
| P/E ratio | 26.5 | 20.0 |
Higher yield
JEPQ
11.96%
Safer dividend
SCHD
Grade A
Faster growth
SCHD
9.1%
Better value
JEPQ
+96% upside
JEPQ vs SCHD — FAQ
Is JEPQ or SCHD a better dividend stock?
On the data, JEPQ wins more head-to-head categories (3 vs 2). JEPQ offers the higher yield (11.96%), while SCHD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, JEPQ or SCHD?
JEPQ has the higher forward dividend yield at 11.96%, versus 2.95% for SCHD.
Is JEPQ or SCHD safer?
SCHD has the higher dividend-safety score (83/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is JEPQ or SCHD better value right now?
As of Nov 2, 2026, JEPQ looks like the better value: its fair-value estimate is 96% above its share price (undervalued). For SCHD, its fair-value estimate is 34% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.