KPRO vs SCHD
KPRO vs SCHD
KraneShares 100% KWEB Defined Outcome January 2026 ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | KPRO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.04% | 0.06% | |
| AUM | $3M | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 4 | 104 | |
| YTD Return | -4.73% | +24.26% | |
| 1Y Return | -5.94% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 8.1% | 13.6% | |
| Max Drawdown | -15.4% | -33.4% | |
| Fund Family | KraneShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Feb 7, 2024 | Oct 20, 2011 |
KPRO vs SCHD Performance
KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) is a ETF from KraneShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year KPRO returned -5.94% while SCHD returned +31.38%. Year to date, KPRO is down 4.73% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 8.1% for KPRO. 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 -15.4% for KPRO and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.14. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
KPRO charges 1.04% per year while SCHD charges 0.06%. On a $10,000 position that is $104 vs $6 annually, a gap of $98 per year that compounds over a long holding period. On income, KPRO currently yields 0.00% against 3.31% for SCHD.
Holdings Overlap
KPRO and SCHD share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, KPRO or SCHD?
KPRO has an expense ratio of 1.04% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $98 per year of difference.
Which performed better, KPRO or SCHD?
Over the past year KPRO returned -5.94% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), KPRO annualized +3.92% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, KPRO or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 8.1% for KPRO. Worst drawdown: KPRO -15.4% vs SCHD -33.4%.
Should I hold both KPRO and SCHD?
KPRO and SCHD have a monthly-return correlation of 0.14, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between KPRO and SCHD?
KPRO and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, KPRO or SCHD?
KPRO yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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