EQTY vs KAT
Kovitz Core Equity ETF vs Scharf ETF
Which is better, EQTY or KAT?
EQTY has been ahead.
KAT has a lower expense ratio. EQTY led over 1Y and the full window. EQTY is less concentrated, with 42.4% of the fund in its ten largest positions against 50.9%.
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 | EQTY | KAT |
|---|---|---|
| Expense Ratio | 0.99% | 0.75%Best |
| AUM | $1.4B | $657M |
| Dividend Yield | 0.02% | 0.53% |
| Holdings | 39 | 68 |
| YTD Return | +8.78%Best | +6.42% |
| 1Y Return | +13.61%Best | +4.30% |
| 3Y Return (annualized) | +17.28% | - |
| Volatility (annualized) | 11.7%Best | 12.7% |
| Max Drawdown | -11.8% | -9.3%Best |
| $10,000 over 1.1 years | $11,282Best | $10,725 |
| Top 10 Weight | 42.4%Best | 50.9% |
| Fund Family | Kovitz Investment Group | Scharf Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 28, 2011 | Dec 30, 2011 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 25, 2025 to Oct 14, 2026 (1.1 years).
EQTY vs KAT 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 1.1 years both funds cover.
EQTY vs KAT Performance
Kovitz Core Equity ETF (EQTY) is an ETF from Kovitz Investment Group and Scharf ETF (KAT) is an ETF from Scharf Funds. Over the past year EQTY returned +13.61% while KAT returned +4.30%. Year to date, EQTY is up 8.78% versus a gain of 6.42% for KAT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KAT has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 11.7% for EQTY. 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 -11.8% for EQTY and -9.3% for KAT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EQTY charges 0.99% per year while KAT charges 0.75%. On a $10,000 position that is $99 vs $75 annually, a gap of $24 per year that compounds over a long holding period. On income, EQTY currently yields 0.02% against 0.53% for KAT.
Holdings Overlap
26.0% of EQTY's money is in holdings KAT also owns. 28.3% of KAT's money is in holdings EQTY also owns.
KAT and EQTY share little of their money.
7 positions in common, counted across the 38 positions we hold weights for in EQTY and 31 in KAT, against full books of 39 and 68.
What only one of them owns
Our book lists 19 positions for KAT that do not appear in our book for EQTY (58.4% of the fund), and 30 for EQTY that do not appear in KAT (69.6%).
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 EQTY | Weight in KAT | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.09% | 6.30% | 1.21% |
| METAMeta Platforms Inc | 3.25% | 6.06% | 2.81% |
| AMZNAmazon.Com Inc | 3.14% | 5.94% | 2.80% |
| VVisa Inc Class A | 4.50% | 4.50% | 0.00% |
| SCHWSchwab Strategic T | 4.57% | 3.47% | 1.10% |
| AONAon Public Limited Company Cl. A | 3.94% | 0.55% | 3.39% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.52% | 1.48% | 0.04% |
28.3% of KAT is already inside EQTY.
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, EQTY or KAT?
EQTY has an expense ratio of 0.99% while KAT charges 0.75%. KAT is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, EQTY or KAT?
Over the past year EQTY returned +13.61% vs +4.30% for KAT, so EQTY leads on 1-year performance. Over the longest common window we track (1 years), EQTY annualized +11.59% vs +6.57% for KAT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EQTY or KAT?
KAT has been the more volatile fund at 12.7% annualized versus 11.7% for EQTY. Worst drawdown: EQTY -11.8% vs KAT -9.3%.
Should I hold both EQTY and KAT?
EQTY and KAT have a monthly-return correlation of 0.68, 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 EQTY and KAT?
28.3% of KAT's money is in holdings EQTY also owns. 28.3% of KAT's is in holdings EQTY also owns. They hold 7 positions in common, counted across the 38 positions we hold weights for in EQTY and 31 in KAT.
Which pays a higher dividend, EQTY or KAT?
EQTY yields 0.02% while KAT yields 0.53%, so KAT currently pays the higher dividend yield.
Is KAT better than EQTY?
KAT has a lower expense ratio. EQTY led over 1Y and the full window. EQTY is less concentrated, with 42.4% of the fund in its ten largest positions against 50.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.