KCE vs SCHD
State Street SPDR S&P Capital Markets ETF vs Schwab US Dividend Equity ETF
Which is better, KCE or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. KCE led over 3Y, 5Y and the full window, SCHD over 1Y. KCE is less concentrated, with 18.5% 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 | KCE | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $473M | $112.1B |
| Dividend Yield | 1.57% | 3.00% |
| Holdings | 66 | 103 |
| YTD Return | +5.25% | +23.68%Best |
| 1Y Return | +2.80% | +28.36%Best |
| 3Y Return (annualized) | +23.92%Best | +16.20% |
| 5Y Return (annualized) | +12.69%Best | +10.07% |
| Volatility (annualized) | 21.1% | 13.7%Best |
| Max Drawdown | -41.4% | -33.4%Best |
| $10,000 over 5 years | $18,173Best | $16,156 |
| Top 10 Weight | 18.5%Best | 41.8% |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 8, 2005 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 22, 2026 (14.9 years).
KCE 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 14.9 years both funds cover.
KCE vs SCHD Performance
State Street SPDR S&P Capital Markets ETF (KCE) is an ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year KCE returned +2.80% while SCHD returned +28.36%. Year to date, KCE is up 5.25% versus a gain of 23.68% for SCHD.
Over three years, KCE compounded at +23.92% per year against +16.20% for SCHD; over five years the annualized figures are +12.69% and +10.07% respectively. Across the full 15-year window we track, KCE has the edge at +12.99% annualized vs +11.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KCE has been the more volatile fund, with annualized monthly volatility of 21.1% compared with 13.7% 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 -41.4% for KCE and -33.4% 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
KCE charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, KCE currently yields 1.57% against 3.00% for SCHD.
Holdings Overlap
12.6% of KCE's money is in holdings SCHD also owns. 4.3% of SCHD's money is in holdings KCE also owns.
KCE and SCHD share little of their money.
8 positions in common, counted across the 66 positions we hold weights for in KCE and 100 in SCHD, against full books of 66 and 103.
What only one of them owns
Measured across the 66 and 100 positions we hold weights for.
SCHD holds 91 positions KCE does not, 95.6% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
Top Shared Holdings
| Stock | Weight in KCE | Weight in SCHD | Difference |
|---|---|---|---|
| BXBlackstone Group Inc. Class A | 1.69% | 2.59% | 0.90% |
| ARESAres Management Corp A | 1.56% | 0.74% | 0.82% |
| TROWT Rowe Price Grp | 1.46% | 0.58% | 0.88% |
| APAMArtisan Partners Asset Management, Inc. | 1.73% | 0.07% | 1.66% |
| FHIFederated Investors Inc. | 1.56% | 0.11% | 1.45% |
| VRTSVirtus Investment Partners Inc | 1.64% | 0.03% | 1.61% |
| MCMoelis & Co_None_0 | 1.43% | 0.12% | 1.31% |
| CNSCohen & Steers Inc | 1.48% | 0.05% | 1.43% |
You are not choosing between two funds in isolation.
Whichever of KCE 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, KCE or SCHD?
KCE has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, KCE or SCHD?
Over the past year KCE returned +2.80% vs +28.36% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), KCE annualized +12.99% vs +11.26% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KCE or SCHD?
KCE has been the more volatile fund at 21.1% annualized versus 13.7% for SCHD. Worst drawdown: KCE -41.4% vs SCHD -33.4%.
Should I hold both KCE and SCHD?
KCE and SCHD have a monthly-return correlation of 0.75, 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 KCE and SCHD?
12.6% of KCE's money is in holdings SCHD also owns. 4.3% of SCHD's is in holdings KCE also owns. They hold 8 positions in common, counted across the 66 positions we hold weights for in KCE and 100 in SCHD.
Which pays a higher dividend, KCE or SCHD?
KCE yields 1.57% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than KCE?
SCHD has a lower expense ratio. KCE led over 3Y, 5Y and the full window, SCHD over 1Y. KCE is less concentrated, with 18.5% 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.