KMF vs VXUS

KMF vs VXUS

Which is better, KMF or VXUS?

Mid Cap Value against Large Cap Blend.

VXUS has a lower expense ratio. VXUS led over 1Y and the full window.

Lower Fees: VXUSHigher Returns: VXUS

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

MetricKMFVXUS
Expense Ratio3.20%0.05%Best
AUM$501M$158.1B
Dividend Yield0.00%2.59%
Holdings398,747
Volatility (annualized)33.4%15.1%Best
Max Drawdown-94.3%-39.9%Best
$10,000 over 15.4 years$9,622$20,315Best
Fund FamilyKayne Anderson Capital AdvisorsVanguard (US)
CategoryEquityEquity
StyleMid Cap ValueLarge Cap Blend
InceptionNov 24, 2010Jan 26, 2011

Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.

The two price series end 64 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. KMF has data through Jul 2, 2026 and VXUS through Sep 4, 2026.

Volatility and max drawdown, and the $10,000 over 15.4 years row, are measured over the window both funds cover: Jan 28, 2011 to Jul 2, 2026 (15.4 years).

Risk: Volatility and Drawdowns

KMF has been the more volatile fund, with annualized monthly volatility of 33.4% compared with 15.1% for VXUS. 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 -94.3% for KMF and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.

Fees and Cost Over Time

KMF charges 3.20% per year while VXUS charges 0.05%. On a $10,000 position that is $320 vs $5 annually, a gap of $315 per year that compounds over a long holding period. On income, KMF currently yields 0.00% against 2.59% for VXUS.

Holdings Overlap

We hold position weights for 31 holdings in KMF and 8,094 in VXUS, totalling 113.5% and 87.7% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 6 positions appear in both.

The two holdings books were reported 1034 days apart, KMF as of Aug 31, 2023 and VXUS as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.

6 positions in common, counted across the 31 positions we hold weights for in KMF and 8,094 in VXUS, against full books of 39 and 8,747.

Top Shared Holdings

StockWeight in KMFWeight in VXUSDifference
PPL.R:CAPembina Pipeline Corp4.22%0.06%4.16%
SRESempra Energy4.22%0.00%4.22%
ENB:CAEnbridge Inc.3.43%0.26%3.17%
TRP:CATc Energy Corp2.53%0.15%2.38%
AMAntero Midstream Corporationam1.58%0.01%1.57%
TA:CATransalta Corp1.02%0.01%1.01%

You are not choosing between two funds in isolation.

Whichever of KMF and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

KMFVXUS

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, KMF or VXUS?

KMF has an expense ratio of 3.20% while VXUS charges 0.05%. VXUS is the cheaper option, by $315 a year on a $10,000 investment.

Which is riskier, KMF or VXUS?

KMF has been the more volatile fund at 33.4% annualized versus 15.1% for VXUS. Worst drawdown: KMF -94.3% vs VXUS -39.9%.

Should I hold both KMF and VXUS?

KMF and VXUS have a monthly-return correlation of 0.64, 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, KMF or VXUS?

KMF yields 0.00% while VXUS yields 2.59%, so VXUS currently pays the higher dividend yield.

Is VXUS better than KMF?

VXUS has a lower expense ratio. VXUS 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.