LKOR vs SCHD
Northern Trust Credit-Scored US Long Corporate Bond ETF vs Schwab US Dividend Equity ETF
Which is better, LKOR or SCHD?
Long Term Mid Quality against Large Cap Value.
SCHD has a lower expense ratio. 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 | LKOR | SCHD |
|---|---|---|
| Expense Ratio | 0.15% | 0.06%Best |
| AUM | $34M | $112.1B |
| Dividend Yield | 5.90% | 3.00% |
| Holdings | 832 | 103 |
| YTD Return | -6.99% | +24.59%Best |
| 1Y Return | -8.38% | +28.14%Best |
| 3Y Return (annualized) | +2.49% | +15.58%Best |
| 5Y Return (annualized) | -4.28% | +9.90%Best |
| Volatility (annualized) | 27.8% | 14.9%Best |
| Max Drawdown | -42.4% | -33.4%Best |
| $10,000 over 5 years | $8,036 | $16,032Best |
| Fund Family | Northern Trust Asset Management | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Long Term Mid Quality | Large Cap Value |
| Inception | Sep 23, 2015 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 24, 2015 to Sep 10, 2026 (11 years).
LKOR 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 11 years both funds cover.
LKOR vs SCHD Performance
Northern Trust Credit-Scored US Long Corporate Bond ETF (LKOR) is an ETF from Northern Trust Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year LKOR returned -8.38% while SCHD returned +28.14%. Year to date, LKOR is down 6.99% versus a gain of 24.59% for SCHD.
Over three years, LKOR compounded at +2.49% per year against +15.58% for SCHD; over five years the annualized figures are -4.28% and +9.90% respectively. Across the full 11-year window we track, SCHD has the edge at +11.99% annualized vs +1.99%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LKOR has been the more volatile fund, with annualized monthly volatility of 27.8% compared with 14.9% 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 -42.4% for LKOR 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 0.12. They move largely independently of each other.
Fees and Cost Over Time
LKOR charges 0.15% per year while SCHD charges 0.06%. On a $10,000 position that is $15 vs $6 annually, a gap of $9 per year that compounds over a long holding period. On income, LKOR currently yields 5.90% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 772 holdings in LKOR and 100 in SCHD, totalling 85.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 772 positions we hold weights for in LKOR and 100 in SCHD, against full books of 832 and 103.
You are not choosing between two funds in isolation.
Whichever of LKOR 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 is cheaper, LKOR or SCHD?
LKOR has an expense ratio of 0.15% while SCHD charges 0.06%. SCHD is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, LKOR or SCHD?
Over the past year LKOR returned -8.38% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), LKOR annualized +1.99% vs +11.99% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LKOR or SCHD?
LKOR has been the more volatile fund at 27.8% annualized versus 14.9% for SCHD. Worst drawdown: LKOR -42.4% vs SCHD -33.4%.
Should I hold both LKOR and SCHD?
LKOR and SCHD have a monthly-return correlation of 0.12, 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, LKOR or SCHD?
LKOR yields 5.90% while SCHD yields 3.00%, so LKOR currently pays the higher dividend yield.
Is SCHD better than LKOR?
SCHD has a lower expense ratio. 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.