KLMN vs SCHD
Invesco MSCI North America Climate ETF vs Schwab US Dividend Equity ETF
Which is better, KLMN or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. KLMN is less concentrated, with 35.1% 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 | KLMN | SCHD |
|---|---|---|
| Expense Ratio | 0.09% | 0.06%Best |
| AUM | $2.4B | $112.1B |
| Dividend Yield | 1.17% | 3.00% |
| Holdings | 277 | 103 |
| YTD Return | +11.83% | +25.84%Best |
| 1Y Return | +16.52% | +30.18%Best |
| 3Y Return (annualized) | - | +16.08% |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 12.9%Best | 13.0% |
| Max Drawdown | -19.2% | -14.0%Best |
| $10,000 over 1.8 years | $12,820 | $12,909Best |
| Top 10 Weight | 35.1%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 11, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 11, 2024 to Sep 15, 2026 (1.8 years).
KLMN 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 1.8 years both funds cover.
KLMN vs SCHD Performance
Invesco MSCI North America Climate ETF (KLMN) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year KLMN returned +16.52% while SCHD returned +30.18%. Year to date, KLMN is up 11.83% versus a gain of 25.84% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 12.9% for KLMN. 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 -19.2% for KLMN and -14.0% 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 0.29. They move largely independently of each other.
Fees and Cost Over Time
KLMN charges 0.09% per year while SCHD charges 0.06%. On a $10,000 position that is $9 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, KLMN currently yields 1.17% against 3.00% for SCHD.
Holdings Overlap
8.7% of KLMN's money is in holdings SCHD also owns. 82.2% of SCHD's money is in holdings KLMN also owns.
Most of SCHD is already inside KLMN. Owning both mostly buys the same companies twice.
29 positions in common, counted across the 272 positions we hold weights for in KLMN and 100 in SCHD, against full books of 277 and 103.
What only one of them owns
Our book lists 70 positions for SCHD that do not appear in our book for KLMN (17.7% of the fund), and 218 for KLMN that do not appear in SCHD (86.4%).
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 KLMN | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 0.58% | 4.77% | 4.19% |
| AMGNAmgen Inc. | 0.41% | 4.70% | 4.29% |
| ABTAbbott Laboratories | 0.35% | 4.69% | 4.34% |
| KOCoca Cola Co. | 0.59% | 4.17% | 3.58% |
| CVXChevron Corp | 0.59% | 4.02% | 3.43% |
| HDHome Depot Inc/The | 0.54% | 3.88% | 3.34% |
| PGProcter & Gamble Company | 0.55% | 3.83% | 3.28% |
| UNHUnitedhealth Group Incorporated | 0.53% | 3.82% | 3.29% |
| VZVerizon Communic | 0.37% | 3.97% | 3.60% |
| COPConocophillips Common Stock USD 0.01 | 0.31% | 3.94% | 3.63% |
82.2% of SCHD is already inside KLMN.
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, KLMN or SCHD?
KLMN has an expense ratio of 0.09% while SCHD charges 0.06%. SCHD is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, KLMN or SCHD?
Over the past year KLMN returned +16.52% vs +30.18% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), KLMN annualized +14.80% vs +15.24% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KLMN or SCHD?
SCHD has been the more volatile fund at 13.0% annualized versus 12.9% for KLMN. Worst drawdown: KLMN -19.2% vs SCHD -14.0%.
Should I hold both KLMN and SCHD?
KLMN and SCHD have a monthly-return correlation of 0.29, 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 KLMN and SCHD?
82.2% of SCHD's money is in holdings KLMN also owns. 82.2% of SCHD's is in holdings KLMN also owns. They hold 29 positions in common, counted across the 272 positions we hold weights for in KLMN and 100 in SCHD.
Which pays a higher dividend, KLMN or SCHD?
KLMN yields 1.17% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than KLMN?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. KLMN is less concentrated, with 35.1% 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.