BKSE vs SCHD
BNY Mellon US Small Cap Core Equity ETF vs Schwab US Dividend Equity ETF
Which is better, BKSE or SCHD?
Small Cap Blend against Large Cap Value.
BKSE has a lower expense ratio. BKSE led over 3Y and the full window, SCHD over 1Y and 5Y. BKSE is less concentrated, with 3.6% of the fund in its ten largest positions against 41.8%.
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 | BKSE | SCHD |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.06% |
| AUM | $88M | $112.1B |
| Dividend Yield | 1.85% | 3.00% |
| Holdings | 598 | 103 |
| YTD Return | +10.84% | +20.41%Best |
| 1Y Return | +15.43% | +24.48%Best |
| 3Y Return (annualized) | +17.57%Best | +15.88% |
| 5Y Return (annualized) | +7.28% | +9.16%Best |
| Volatility (annualized) | 19.5% | 15.2%Best |
| Max Drawdown | -29.1% | -16.9%Best |
| $10,000 over 5 years | $14,210 | $15,499Best |
| Top 10 Weight | 3.6%Best | 41.8% |
| Fund Family | BNY Mellon Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Apr 7, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Apr 9, 2020 to Sep 29, 2026 (6.5 years).
BKSE vs SCHD 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 6.5 years both funds cover.
BKSE vs SCHD Performance
BNY Mellon US Small Cap Core Equity ETF (BKSE) is an ETF from BNY Mellon Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BKSE returned +15.43% while SCHD returned +24.48%. Year to date, BKSE is up 10.84% versus a gain of 20.41% for SCHD.
Over three years, BKSE compounded at +17.57% per year against +15.88% for SCHD; over five years the annualized figures are +7.28% and +9.16% respectively. Across the full 7-year window we track, BKSE has the edge at +15.05% annualized vs +14.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BKSE has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 15.2% for SCHD. 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 -29.1% for BKSE and -16.9% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BKSE charges 0.04% per year while SCHD charges 0.06%. On a $10,000 position that is $4 vs $6 annually, a gap of $2 per year that compounds over a long holding period. On income, BKSE currently yields 1.85% against 3.00% for SCHD.
Holdings Overlap
2.8% of BKSE's money is in holdings SCHD also owns. 1.6% of SCHD's money is in holdings BKSE also owns.
BKSE and SCHD share little of their money.
16 positions in common, counted across the 584 positions we hold weights for in BKSE and 100 in SCHD, against full books of 598 and 103.
What only one of them owns
Our book lists 83 positions for SCHD that do not appear in our book for BKSE (98.3% of the fund), and 547 for BKSE that do not appear in SCHD (92.1%).
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 BKSE | Weight in SCHD | Difference |
|---|---|---|---|
| MMacy'S Inc. | 0.23% | 0.14% | 0.09% |
| OZKBank Ozk | 0.23% | 0.12% | 0.11% |
| MURMurphy Oil Corp | 0.23% | 0.12% | 0.11% |
| NXSTNexstar Media Group Inc | 0.22% | 0.13% | 0.09% |
| MSMMsc Industrial Direct Co Inc | 0.22% | 0.13% | 0.09% |
| MCMoelis & Co_None_0 | 0.22% | 0.12% | 0.10% |
| MTNVail Resorts Inc. | 0.21% | 0.12% | 0.09% |
| FHIFederated Investors Inc. | 0.20% | 0.11% | 0.09% |
| KFYKorn Ferry | 0.19% | 0.11% | 0.08% |
| RHIRobert Half International Inc. | 0.19% | 0.11% | 0.08% |
You are not choosing between two funds in isolation.
Whichever of BKSE and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BKSE or SCHD?
BKSE has an expense ratio of 0.04% while SCHD charges 0.06%. BKSE is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, BKSE or SCHD?
Over the past year BKSE returned +15.43% vs +24.48% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), BKSE annualized +15.05% vs +14.87% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BKSE or SCHD?
BKSE has been the more volatile fund at 19.5% annualized versus 15.2% for SCHD. Worst drawdown: BKSE -29.1% vs SCHD -16.9%.
Should I hold both BKSE and SCHD?
BKSE and SCHD have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BKSE and SCHD?
2.8% of BKSE's money is in holdings SCHD also owns. 1.6% of SCHD's is in holdings BKSE also owns. They hold 16 positions in common, counted across the 584 positions we hold weights for in BKSE and 100 in SCHD.
Which pays a higher dividend, BKSE or SCHD?
BKSE yields 1.85% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than BKSE?
BKSE has a lower expense ratio. BKSE led over 3Y and the full window, SCHD over 1Y and 5Y. BKSE is less concentrated, with 3.6% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.