MKOR vs SCHD
Matthews Korea Active ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. MKOR delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | MKOR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.06% | |
| AUM | $137M | $108.7B | |
| Dividend Yield | 1.81% | 3.13% | |
| Holdings | 47 | 104 | |
| YTD Return | +71.58% | +26.54% | |
| 1Y Return | +127.15% | +30.90% | |
| 3Y Return (annualized) | +39.55% | +16.29% | |
| 5Y Return (annualized) | - | +9.65% | |
| Volatility (annualized) | 37.1% | 13.6% | |
| Max Drawdown | -29.4% | -33.4% | |
| Fund Family | Matthews Asia Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 29, 2010 | Oct 20, 2011 |
MKOR vs SCHD Performance
Matthews Korea Active ETF (MKOR) is a ETF from Matthews Asia Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MKOR returned +127.15% while SCHD returned +30.90%. Year to date, MKOR is up 71.58% versus a gain of 26.54% for SCHD.
Over three years, MKOR compounded at +39.55% per year against +16.29% for SCHD. Across the full 3-year window we track, MKOR has the edge at +34.97% annualized vs +11.51%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MKOR has been the more volatile fund, with annualized monthly volatility of 37.1% 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 -29.4% for MKOR 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MKOR charges 0.79% per year while SCHD charges 0.06%. On a $10,000 position that is $79 vs $6 annually, a gap of $73 per year that compounds over a long holding period. On income, MKOR currently yields 1.81% against 3.13% for SCHD.
Holdings Overlap
MKOR and SCHD share 0 holdings out of 151 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, MKOR or SCHD?
MKOR has an expense ratio of 0.79% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, MKOR or SCHD?
Over the past year MKOR returned +127.15% vs +30.90% for SCHD, so MKOR leads on 1-year performance. Over the longest common window we track (3 years), MKOR annualized +34.97% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, MKOR or SCHD?
MKOR has been the more volatile fund at 37.1% annualized versus 13.6% for SCHD. Worst drawdown: MKOR -29.4% vs SCHD -33.4%.
Should I hold both MKOR and SCHD?
MKOR and SCHD have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MKOR and SCHD?
MKOR and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 151 unique securities.
Which pays a higher dividend, MKOR or SCHD?
MKOR yields 1.81% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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