KTF vs SCHD
DWS Municipal Income Trust vs Schwab US Dividend Equity ETF
Which is better, KTF or SCHD?
Municipal Bond against Large Cap Value.
SCHD led over 1Y, 3Y, 5Y and the full window.
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 | KTF | SCHD |
|---|---|---|
| Expense Ratio | - | 0.06% |
| AUM | $343M | $112.1B |
| Dividend Yield | 8.66% | 3.00% |
| Holdings | 232 | 103 |
| YTD Return | -1.91% | +23.46%Best |
| 1Y Return | -0.86% | +27.20%Best |
| 3Y Return (annualized) | +8.66% | +15.41%Best |
| 5Y Return (annualized) | -1.52% | +10.16%Best |
| Volatility (annualized) | 11.8%Best | 13.7% |
| Max Drawdown | -46.5% | -33.4%Best |
| $10,000 over 5 years | $9,263 | $16,223Best |
| Fund Family | DWS | Charles Schwab Asset Management |
| Category | Tax Preferred | Equity |
| Style | Municipal Bond | Large Cap Value |
| Inception | Oct 20, 1988 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 18, 2026 (14.9 years).
KTF 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 14.9 years both funds cover.
KTF vs SCHD Performance
DWS Municipal Income Trust (KTF) is an ETF from DWS and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year KTF returned -0.86% while SCHD returned +27.20%. Year to date, KTF is down 1.91% versus a gain of 23.46% for SCHD.
Over three years, KTF compounded at +8.66% per year against +15.41% for SCHD; over five years the annualized figures are -1.52% and +10.16% respectively. Across the full 15-year window we track, SCHD has the edge at +11.25% annualized vs -0.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 11.8% for KTF. 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 -46.5% for KTF 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 0.29. They move largely independently of each other.
Holdings Overlap
We hold position weights for 111 holdings in KTF and 100 in SCHD, totalling 70.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 92 days apart, KTF as of May 31, 2026 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 111 positions we hold weights for in KTF and 100 in SCHD, against full books of 232 and 103.
You are not choosing between two funds in isolation.
Whichever of KTF and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which performed better, KTF or SCHD?
Over the past year KTF returned -0.86% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), KTF annualized -0.48% vs +11.25% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KTF or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 11.8% for KTF. Worst drawdown: KTF -46.5% vs SCHD -33.4%.
Should I hold both KTF and SCHD?
KTF 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.
Which pays a higher dividend, KTF or SCHD?
KTF yields 8.66% while SCHD yields 3.00%, so KTF currently pays the higher dividend yield.
Is SCHD better than KTF?
SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.