KRE vs SCHD
State Street SPDR S&P Regional Banking ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. KRE delivered stronger 1-year returns. KRE offers more diversification with 160 holdings.
Side-by-Side Comparison
| Metric | KRE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.06% | |
| AUM | $4.3B | $103.7B | |
| Dividend Yield | 2.14% | 3.31% | |
| Holdings | 150 | 104 | |
| YTD Return | +18.18% | +24.26% | |
| 1Y Return | +32.65% | +31.38% | |
| 3Y Return (annualized) | +19.38% | +15.08% | |
| 5Y Return (annualized) | +5.88% | +9.72% | |
| Volatility (annualized) | 26.4% | 13.6% | |
| Max Drawdown | -71.2% | -33.4% | |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 19, 2006 | Oct 20, 2011 |
KRE vs SCHD Performance
State Street SPDR S&P Regional Banking ETF (KRE) is a ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year KRE returned +32.65% while SCHD returned +31.38%. Year to date, KRE is up 18.18% versus a gain of 24.26% for SCHD.
Over three years, KRE compounded at +19.38% per year against +15.08% for SCHD; over five years the annualized figures are +5.88% and +9.72% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs +3.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KRE has been the more volatile fund, with annualized monthly volatility of 26.4% compared with 13.6% 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 -71.2% for KRE 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
KRE charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, KRE currently yields 2.14% against 3.31% for SCHD.
Holdings Overlap
KRE and SCHD share 19 holdings out of 241 unique holdings combined, representing a 2.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, KRE or SCHD?
KRE has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, KRE or SCHD?
Over the past year KRE returned +32.65% vs +31.38% for SCHD, so KRE leads on 1-year performance. Over the longest common window we track (15 years), KRE annualized +3.05% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, KRE or SCHD?
KRE has been the more volatile fund at 26.4% annualized versus 13.6% for SCHD. Worst drawdown: KRE -71.2% vs SCHD -33.4%.
Should I hold both KRE and SCHD?
KRE and SCHD have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between KRE and SCHD?
KRE and SCHD share 19 common holdings with a 2.1% weight overlap. Combined, they hold 241 unique securities.
Which pays a higher dividend, KRE or SCHD?
KRE yields 2.14% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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