BKIE vs. SCHD

Last updated Jul 21, 2026

BKIE (BNY Mellon International Equity ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - BKIE is a Foreign Large Cap Equities fund tracking the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 5 years, BKIE returned 9.60%/yr vs 9.15%/yr for SCHD. A 0.66 correlation means they provide meaningful diversification when combined. BKIE charges 0.04%/yr vs 0.06%/yr for SCHD.

Performance

BKIE vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon International Equity ETF (BKIE) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKIE achieves a 8.78% return, which is significantly lower than SCHD's 21.36% return.

BKIE

• 1D: -0.68%
• 1M: -1.34%
• 6M: 5.02%
• YTD: 8.78%
• 1Y: 21.47%
• 3Y*: 15.90%
• 5Y*: 9.60%
• 10Y*: —
• ALL TIME*: 14.64%

SCHD

• 1D: -0.49%
• 1M: 3.61%
• 6M: 15.19%
• YTD: 21.36%
• 1Y: 25.66%
• 3Y*: 13.54%
• 5Y*: 9.15%
• 10Y*: 12.32%
• ALL TIME*: 13.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BKIE vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	8.78%	32.08%	4.63%	18.25%	-13.60%	13.75%	34.17%
SCHD Schwab U.S. Dividend Equity ETF	21.36%	4.34%	11.66%	4.54%	-3.26%	29.87%	35.53%

Correlation

The correlation between BKIE and SCHD is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020	0.66

Over the past year, the correlation between BKIE and SCHD has dropped to 0.40 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.

BKIE vs. SCHD - Sectors Allocation Comparison

Sectors	BKIE	SCHD
Financial Services	26.6%	9.9%
Industrials	17.9%	7.8%
Technology	11.7%	12.7%
Healthcare	9.1%	20.8%
Consumer Cyclical	7.2%	7.7%
Basic Materials	6.7%	1.2%
Consumer Defensive	6.3%	20.6%
Energy	5.0%	14.1%
Communication Services	4.1%	6.2%
Utilities	3.5%	0.1%
Real Estate	1.8%	-

Return for Risk

BKIE vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKIE

BKIE Risk / Return Rank: 54
BKIE Sharpe Ratio Rank: 56
BKIE Sortino Ratio Rank: 56
BKIE Omega Ratio Rank: 54
BKIE Calmar Ratio Rank: 49
BKIE Martin Ratio Rank: 57

SCHD

SCHD Risk / Return Rank: 91
SCHD Sharpe Ratio Rank: 90
SCHD Sortino Ratio Rank: 93
SCHD Omega Ratio Rank: 88
SCHD Calmar Ratio Rank: 95
SCHD Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKIE vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Equity ETF (BKIE) and Schwab U.S. Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BKIE	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	1.42	2.34	-0.92
Sortino ratio: Return per unit of downside risk	2.04	3.63	-1.59
Omega ratio: Gain probability vs. loss probability	1.25	1.42	-0.16
Calmar ratio: Return relative to maximum drawdown	1.89	5.59	-3.70
Martin ratio: Return relative to average drawdown	7.24	13.64	-6.40

BKIE vs. SCHD - Sharpe Ratio Comparison

The current BKIE Sharpe Ratio is 1.42, which is lower than the SCHD Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of BKIE and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BKIE vs. SCHD - Drawdown Comparison

The maximum BKIE drawdown since its inception was -28.19%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for BKIE and SCHD.

Drawdown Indicators

	BKIE	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-28.19%	-33.37%	+5.18%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-4.61%	-6.80%
Max Drawdown (3Y) Largest decline over 3 years	-13.19%	-16.13%	+2.94%
Max Drawdown (5Y) Largest decline over 5 years	-28.19%	-16.85%	-11.34%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-2.34%	-0.88%	-1.46%
Average Drawdown Average peak-to-trough decline	-4.90%	-3.30%	-1.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	1.89%	+1.08%

Volatility

BKIE vs. SCHD - Volatility Comparison

BNY Mellon International Equity ETF (BKIE) and Schwab U.S. Dividend Equity ETF (SCHD) have volatilities of 3.70% and 3.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKIE	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.70%	3.63%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	13.03%	7.97%	+5.06%
Volatility (1Y) Calculated over the trailing 1-year period	15.22%	11.05%	+4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.18%	14.37%	+1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.32%	16.71%	-0.39%

BKIE vs. SCHD - Expense Ratio Comparison

BKIE has a 0.04% expense ratio, which is lower than SCHD's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BKIE vs. SCHD - Dividend Comparison

BKIE's dividend yield for the trailing twelve months is around 3.23%, which matches SCHD's 3.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKIE BNY Mellon International Equity ETF	3.23%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.20%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both BKIE and SCHD in my portfolio?

BKIE and SCHD have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKIE or SCHD?

BKIE has higher volatility (3.70%) compared to SCHD (3.63%). In terms of maximum drawdown, BKIE dropped -28.19% vs SCHD's -33.37%.

Which ETF is better, BKIE or SCHD?

On 5-year performance, BKIE leads with 9.60% vs 9.15% for SCHD. On fees, BKIE is cheaper at 0.04% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKIE or SCHD?

Over the 5-year period, BKIE has performed better with a 9.60% return vs 9.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKIE or SCHD?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.06% for SCHD.

Which ETF pays a higher dividend yield, BKIE or SCHD?

BKIE has the higher dividend yield at 3.23%, compared with 3.20% for SCHD.

What is the main difference between BKIE and SCHD?

BKIE is categorized as Foreign Large Cap Equities, while SCHD is Dividend. BKIE tracks Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: BNY Mellon and Charles Schwab. Their fees differ too: 0.04% for BKIE and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.34 vs 1.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.