OBOR vs SCHD
KraneShares MSCI One Belt One Road Index ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. OBOR offers more diversification with 118 holdings.
Side-by-Side Comparison
| Metric | OBOR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.06% | |
| AUM | $4M | $103.7B | |
| Dividend Yield | 1.96% | 3.31% | |
| Holdings | 127 | 104 | |
| YTD Return | +3.23% | +25.33% | |
| 1Y Return | +15.63% | +32.31% | |
| 3Y Return (annualized) | +11.57% | +15.40% | |
| 5Y Return (annualized) | +1.20% | +9.70% | |
| Volatility (annualized) | 16.4% | 13.6% | |
| Max Drawdown | -41.5% | -33.4% | |
| Fund Family | KraneShares | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 7, 2017 | Oct 20, 2011 |
OBOR vs SCHD Performance
KraneShares MSCI One Belt One Road Index ETF (OBOR) is a ETF from KraneShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year OBOR returned +15.63% while SCHD returned +32.31%. Year to date, OBOR is up 3.23% versus a gain of 25.33% for SCHD.
Over three years, OBOR compounded at +11.57% per year against +15.40% for SCHD; over five years the annualized figures are +1.20% and +9.70% respectively. Across the full 9-year window we track, SCHD has the edge at +11.45% annualized vs +3.74%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OBOR has been the more volatile fund, with annualized monthly volatility of 16.4% 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 -41.5% for OBOR 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
OBOR 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, OBOR currently yields 1.96% against 3.31% for SCHD.
Holdings Overlap
OBOR and SCHD share 0 holdings out of 218 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, OBOR or SCHD?
OBOR 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, OBOR or SCHD?
Over the past year OBOR returned +15.63% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), OBOR annualized +3.74% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, OBOR or SCHD?
OBOR has been the more volatile fund at 16.4% annualized versus 13.6% for SCHD. Worst drawdown: OBOR -41.5% vs SCHD -33.4%.
Should I hold both OBOR and SCHD?
OBOR 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 OBOR and SCHD?
OBOR and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 218 unique securities.
Which pays a higher dividend, OBOR or SCHD?
OBOR yields 1.96% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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