KVLE vs SCHD
KraneShares Value Line Dynamic Dividend Equity Index ETF vs Schwab US Dividend Equity ETF
Which is better, KVLE or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. KVLE led over 5Y and the full window, SCHD over 1Y and 3Y. KVLE is less concentrated, with 26.7% 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 | KVLE | SCHD |
|---|---|---|
| Expense Ratio | 0.56% | 0.06%Best |
| AUM | $42M | $112.2B |
| Dividend Yield | 7.46% | 3.13% |
| Holdings | 84 | 103 |
| YTD Return | +14.29% | +26.13%Best |
| 1Y Return | +15.49% | +30.01%Best |
| 3Y Return (annualized) | +16.03% | +16.09%Best |
| 5Y Return (annualized) | +10.27%Best | +9.95% |
| Volatility (annualized) | 13.6%Best | 14.5% |
| Max Drawdown | -18.4% | -16.9%Best |
| $10,000 over 5 years | $16,304Best | $16,069 |
| Top 10 Weight | 26.7%Best | 41.5% |
| Fund Family | KraneShares | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 24, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Nov 24, 2020 to Sep 8, 2026 (5.8 years).
KVLE 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 5.8 years both funds cover.
KVLE vs SCHD Performance
KraneShares Value Line Dynamic Dividend Equity Index ETF (KVLE) is an ETF from KraneShares and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year KVLE returned +15.49% while SCHD returned +30.01%. Year to date, KVLE is up 14.29% versus a gain of 26.13% for SCHD.
Over three years, KVLE compounded at +16.03% per year against +16.09% for SCHD; over five years the annualized figures are +10.27% and +9.95% respectively. Across the full 6-year window we track, KVLE has the edge at +12.60% annualized vs +12.16%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 13.6% for KVLE. 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 -18.4% for KVLE and -16.9% 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
KVLE charges 0.56% per year while SCHD charges 0.06%. On a $10,000 position that is $56 vs $6 annually, a gap of $50 per year that compounds over a long holding period. On income, KVLE currently yields 7.46% against 3.13% for SCHD.
Holdings Overlap
29.5% of KVLE's money is in holdings SCHD also owns. 46.4% of SCHD's money is in holdings KVLE also owns.
The two portfolios partly overlap.
25 positions in common, counted across the 83 positions we hold weights for in KVLE and 100 in SCHD, against full books of 84 and 103.
What only one of them owns
Our book lists 73 positions for SCHD that do not appear in our book for KVLE (53.3% of the fund), and 57 for KVLE that do not appear in SCHD (68.8%).
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 KVLE | Weight in SCHD | Difference |
|---|---|---|---|
| HDHome Depot Inc/The | 1.38% | 4.32% | 2.94% |
| MRKMerck & Co. Inc. | 1.24% | 4.26% | 3.02% |
| TXNTexas Instruments, Inc | 1.81% | 3.53% | 1.72% |
| VZVerizon Communications Inc Com Usd1 | 1.45% | 3.84% | 2.39% |
| UNHUnitedhealth Group | 1.14% | 4.11% | 2.97% |
| CVXChevron Corp.United States -Energy | 1.29% | 3.74% | 2.45% |
| BMYBristol-Myers Squibb Co. | 1.43% | 3.31% | 1.88% |
| MOAltria Group Inc. | 1.57% | 2.86% | 1.29% |
| ADPAutomatic Data Processing, Inc. | 1.62% | 2.72% | 1.10% |
| UPSUnited Parcel Service, Inc | 1.63% | 1.95% | 0.32% |
46.4% of SCHD is already inside KVLE.
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, KVLE or SCHD?
KVLE has an expense ratio of 0.56% while SCHD charges 0.06%. SCHD is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, KVLE or SCHD?
Over the past year KVLE returned +15.49% vs +30.01% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), KVLE annualized +12.60% vs +12.16% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KVLE or SCHD?
SCHD has been the more volatile fund at 14.5% annualized versus 13.6% for KVLE. Worst drawdown: KVLE -18.4% vs SCHD -16.9%.
Should I hold both KVLE and SCHD?
KVLE and SCHD have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between KVLE and SCHD?
46.4% of SCHD's money is in holdings KVLE also owns. 46.4% of SCHD's is in holdings KVLE also owns. They hold 25 positions in common, counted across the 83 positions we hold weights for in KVLE and 100 in SCHD.
Which pays a higher dividend, KVLE or SCHD?
KVLE yields 7.46% while SCHD yields 3.13%, so KVLE currently pays the higher dividend yield.
Is SCHD better than KVLE?
SCHD has a lower expense ratio. KVLE led over 5Y and the full window, SCHD over 1Y and 3Y. KVLE is less concentrated, with 26.7% 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.