KEUA vs SCHD
KraneShares European Carbon Allowance Strategy ETF vs Schwab US Dividend Equity ETF
Which is better, KEUA or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
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 | KEUA | SCHD |
|---|---|---|
| Expense Ratio | 0.87% | 0.06%Best |
| AUM | $5M | $112.2B |
| Dividend Yield | 2.82% | 3.13% |
| Holdings | 7 | 103 |
| Volatility (annualized) | 33.8% | 15.3%Best |
| Max Drawdown | -49.2% | -16.9%Best |
| $10,000 over 4.4 years | $10,325 | $14,260Best |
| Fund Family | KraneShares | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Oct 4, 2021 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 175 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. KEUA has data through Mar 13, 2026 and SCHD through Sep 4, 2026.
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Oct 5, 2021 to Mar 13, 2026 (4.4 years).
Risk: Volatility and Drawdowns
KEUA has been the more volatile fund, with annualized monthly volatility of 33.8% compared with 15.3% 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 -49.2% for KEUA 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 0.18. They move largely independently of each other.
Fees and Cost Over Time
KEUA charges 0.87% per year while SCHD charges 0.06%. On a $10,000 position that is $87 vs $6 annually, a gap of $81 per year that compounds over a long holding period. On income, KEUA currently yields 2.82% against 3.13% for SCHD.
Holdings Overlap
At least 0.1% of SCHD's money is in holdings KEUA also owns.
Stated as a floor: for KEUA, our book for it covers 101.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 189 days apart, KEUA as of Jan 30, 2026 and SCHD as of Aug 7, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 2 positions we hold weights for in KEUA and 100 in SCHD, against full books of 7 and 103.
Top Shared Holdings
| Stock | Weight in KEUA | Weight in SCHD | Difference |
|---|---|---|---|
| GVMXXState Street Institutional US Government Money Market Fund | 14.75% | 0.05% | 14.70% |
You are not choosing between two funds in isolation.
Whichever of KEUA 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, KEUA or SCHD?
KEUA has an expense ratio of 0.87% while SCHD charges 0.06%. SCHD is the cheaper option, by $81 a year on a $10,000 investment.
Which is riskier, KEUA or SCHD?
KEUA has been the more volatile fund at 33.8% annualized versus 15.3% for SCHD. Worst drawdown: KEUA -49.2% vs SCHD -16.9%.
Should I hold both KEUA and SCHD?
KEUA and SCHD have a monthly-return correlation of 0.18, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, KEUA or SCHD?
KEUA yields 2.82% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than KEUA?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.