KNG vs SCHD
FT Vest S&P 500 Dividend Aristocrats Target Income ETF vs Schwab US Dividend Equity ETF
Which is better, KNG or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. KNG is less concentrated, with 16.2% of the fund in its ten largest positions against 41.5%.
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 | KNG | SCHD |
|---|---|---|
| Expense Ratio | 0.74% | 0.06%Best |
| AUM | $3.4B | $112.2B |
| Dividend Yield | 8.28% | 3.13% |
| Holdings | 139 | 103 |
| YTD Return | +4.50% | +26.13%Best |
| 1Y Return | +6.08% | +30.01%Best |
| 3Y Return (annualized) | +6.76% | +16.09%Best |
| 5Y Return (annualized) | +4.65% | +9.95%Best |
| Volatility (annualized) | 15.5%Best | 16.1% |
| Max Drawdown | -35.1% | -33.4%Best |
| $10,000 over 5 years | $12,552 | $16,069Best |
| Top 10 Weight | 16.2%Best | 41.5% |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Mar 26, 2018 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Mar 27, 2018 to Sep 8, 2026 (8.5 years).
KNG 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 8.5 years both funds cover.
KNG vs SCHD Performance
FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) is an ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year KNG returned +6.08% while SCHD returned +30.01%. Year to date, KNG is up 4.50% versus a gain of 26.13% for SCHD.
Over three years, KNG compounded at +6.76% per year against +16.09% for SCHD; over five years the annualized figures are +4.65% and +9.95% respectively. Across the full 9-year window we track, SCHD has the edge at +11.94% annualized vs +6.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 15.5% for KNG. 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 -35.1% for KNG 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
KNG charges 0.74% per year while SCHD charges 0.06%. On a $10,000 position that is $74 vs $6 annually, a gap of $68 per year that compounds over a long holding period. On income, KNG currently yields 8.28% against 3.13% for SCHD.
Holdings Overlap
18.9% of KNG's money is in holdings SCHD also owns. 29.5% of SCHD's money is in holdings KNG also owns.
SCHD and KNG share little of their money.
13 positions in common, counted across the 69 positions we hold weights for in KNG and 100 in SCHD, against full books of 139 and 103.
What only one of them owns
Our book lists 85 positions for SCHD that do not appear in our book for KNG (70.2% of the fund), and 54 for KNG that do not appear in SCHD (78.8%).
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 KNG | Weight in SCHD | Difference |
|---|---|---|---|
| ABTAbbott Laboratories | 1.48% | 4.70% | 3.22% |
| KOCoca-cola Co. | 1.49% | 4.20% | 2.71% |
| PGProcter & Gamble Company | 1.39% | 3.96% | 2.57% |
| PEPPepsico Inc. | 1.44% | 3.71% | 2.27% |
| CVXChevron Corp.United States -Energy | 1.36% | 3.74% | 2.38% |
| ADPAutomatic Data Processing, Inc. | 1.56% | 2.72% | 1.16% |
| TGTTarget Corp. | 1.51% | 1.70% | 0.19% |
| FASTFastenal Co. | 1.55% | 1.49% | 0.06% |
| KMBKimberly-Clark Corp. | 1.45% | 0.91% | 0.54% |
| ADMArcher-Daniels-Midland Co. | 1.25% | 0.92% | 0.33% |
29.5% of SCHD is already inside KNG.
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, KNG or SCHD?
KNG has an expense ratio of 0.74% while SCHD charges 0.06%. SCHD is the cheaper option, by $68 a year on a $10,000 investment.
Which performed better, KNG or SCHD?
Over the past year KNG returned +6.08% vs +30.01% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), KNG annualized +6.98% vs +11.94% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KNG or SCHD?
SCHD has been the more volatile fund at 16.1% annualized versus 15.5% for KNG. Worst drawdown: KNG -35.1% vs SCHD -33.4%.
Should I hold both KNG and SCHD?
KNG and SCHD have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between KNG and SCHD?
29.5% of SCHD's money is in holdings KNG also owns. 29.5% of SCHD's is in holdings KNG also owns. They hold 13 positions in common, counted across the 69 positions we hold weights for in KNG and 100 in SCHD.
Which pays a higher dividend, KNG or SCHD?
KNG yields 8.28% while SCHD yields 3.13%, so KNG currently pays the higher dividend yield.
Is SCHD better than KNG?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. KNG is less concentrated, with 16.2% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.