KRE vs SCHD
State Street SPDR S&P Regional Banking ETF vs Schwab US Dividend Equity ETF
Which is better, KRE or SCHD?
Small Cap Value against Large Cap Value.
SCHD has a lower expense ratio. KRE led over 3Y, SCHD over 1Y, 5Y and the full window. KRE is less concentrated, with 14.1% of the fund in its ten largest positions against 41.6%.
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 | KRE | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $3.6B | $111.6B |
| Dividend Yield | 2.32% | 3.24% |
| Holdings | 160 | 206 |
| YTD Return | +6.89% | +24.55%Best |
| 1Y Return | +10.67% | +29.85%Best |
| 3Y Return (annualized) | +21.26%Best | +16.64% |
| 5Y Return (annualized) | +2.07% | +9.54%Best |
| Volatility (annualized) | 25.3% | 13.7%Best |
| Max Drawdown | -57.2% | -33.4%Best |
| $10,000 over 5 years | $11,079 | $15,771Best |
| Top 10 Weight | 14.1%Best | 41.6% |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Jun 19, 2006 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Oct 14, 2026 (15 years).
KRE 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 15 years both funds cover.
KRE vs SCHD Performance
State Street SPDR S&P Regional Banking ETF (KRE) is an ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year KRE returned +10.67% while SCHD returned +29.85%. Year to date, KRE is up 6.89% versus a gain of 24.55% for SCHD.
Over three years, KRE compounded at +21.26% per year against +16.64% for SCHD; over five years the annualized figures are +2.07% and +9.54% respectively. Across the full 15-year window we track, SCHD has the edge at +11.26% annualized vs +8.85%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KRE has been the more volatile fund, with annualized monthly volatility of 25.3% compared with 13.7% 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 -57.2% for KRE 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KRE charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, KRE currently yields 2.32% against 3.24% for SCHD.
Holdings Overlap
11.1% of KRE's money is in holdings SCHD also owns. 1.9% of SCHD's money is in holdings KRE also owns.
KRE and SCHD share little of their money.
19 positions in common, counted across the 159 positions we hold weights for in KRE and 98 in SCHD, against full books of 160 and 206.
What only one of them owns
Our book lists 79 positions for SCHD that do not appear in our book for KRE (97.9% of the fund), and 139 for KRE that do not appear in SCHD (88.6%).
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 KRE | Weight in SCHD | Difference |
|---|---|---|---|
| RFRegions Financia | 1.38% | 0.59% | 0.79% |
| EWBCEast West Bancorp, Inc. | 1.32% | 0.44% | 0.88% |
| COLBColumbia Banking System Inc Common Stock | 1.30% | 0.21% | 1.09% |
| OZKBank Ozk | 1.26% | 0.12% | 1.14% |
| CVBFCvb Financial Corp. | 1.14% | 0.10% | 1.04% |
| BANRBanner Corp_None_0 | 0.62% | 0.06% | 0.56% |
| CHCOCity Holding Co Common Stock Usd2.5 | 0.53% | 0.05% | 0.48% |
| NBHCNational Bank Holdings Corp Class A | 0.52% | 0.04% | 0.48% |
| OFG:PROfg Bancorp Common Stock | 0.45% | 0.06% | 0.39% |
| STBAS&T Bancorp Inc | 0.39% | 0.05% | 0.34% |
You are not choosing between two funds in isolation.
Whichever of KRE 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, KRE or SCHD?
KRE has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, KRE or SCHD?
Over the past year KRE returned +10.67% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), KRE annualized +8.85% vs +11.26% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KRE or SCHD?
KRE has been the more volatile fund at 25.3% annualized versus 13.7% for SCHD. Worst drawdown: KRE -57.2% vs SCHD -33.4%.
Should I hold both KRE and SCHD?
KRE and SCHD have a monthly-return correlation of 0.67, 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 KRE and SCHD?
11.1% of KRE's money is in holdings SCHD also owns. 1.9% of SCHD's is in holdings KRE also owns. They hold 19 positions in common, counted across the 159 positions we hold weights for in KRE and 98 in SCHD.
Which pays a higher dividend, KRE or SCHD?
KRE yields 2.32% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than KRE?
SCHD has a lower expense ratio. KRE led over 3Y, SCHD over 1Y, 5Y and the full window. KRE is less concentrated, with 14.1% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.