KRBN vs. SCHD
KRBN (KraneShares Global Carbon ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - KRBN is a Commodities fund tracking the IHS Markit Global Carbon Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 5 years, KRBN returned 6.01%/yr vs 8.70%/yr for SCHD. At a 0.18 correlation, their price movements are largely independent. KRBN charges 0.79%/yr vs 0.06%/yr for SCHD.
Performance
KRBN vs. SCHD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KRBN achieves a -5.48% return, which is significantly lower than SCHD's 18.44% return.
KRBN
- 1D
- -0.09%
- 1M
- 1.42%
- YTD
- -5.48%
- 6M
- -5.75%
- 1Y
- 12.82%
- 3Y*
- 0.87%
- 5Y*
- 6.01%
- 10Y*
- —
SCHD
- 1D
- 0.76%
- 1M
- -1.39%
- YTD
- 18.44%
- 6M
- 17.45%
- 1Y
- 26.47%
- 3Y*
- 14.64%
- 5Y*
- 8.70%
- 10Y*
- 12.94%
KRBN vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
KRBN KraneShares Global Carbon ETF | -5.48% | 23.11% | -13.56% | 8.01% | -12.75% | 107.69% | 25.03% |
SCHD Schwab U.S. Dividend Equity ETF | 18.44% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 19.55% |
Correlation
The correlation between KRBN and SCHD is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.18 |
The correlation between KRBN and SCHD shifts across timeframes, from 0.04 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KRBN vs. SCHD — Risk / Return Rank
KRBN
SCHD
KRBN vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Global Carbon ETF (KRBN) 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.
| KRBN | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.74 | ||
| Sortino ratioReturn per unit of downside risk | -2.69 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.43 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.52 | 5.76 | -5.25 |
| Martin ratioReturn relative to average drawdown | 1.31 | 13.87 | -12.56 |
Loading charts...
Drawdowns
KRBN vs. SCHD - Drawdown Comparison
The maximum KRBN drawdown since its inception was -36.42%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for KRBN and SCHD.
Loading charts...
Drawdown Indicators
| KRBN | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.42% | -33.37% | -3.05% |
Max Drawdown (1Y)Largest decline over 1 year | -24.98% | -4.61% | -20.37% |
Max Drawdown (3Y)Largest decline over 3 years | -27.34% | -16.13% | -11.21% |
Max Drawdown (5Y)Largest decline over 5 years | -36.42% | -16.85% | -19.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.37% | — |
Current DrawdownCurrent decline from peak | -13.84% | -1.87% | -11.97% |
Average DrawdownAverage peak-to-trough decline | -16.12% | -3.31% | -12.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.79% | 1.91% | +7.88% |
Volatility
KRBN vs. SCHD - Volatility Comparison
KraneShares Global Carbon ETF (KRBN) has a higher volatility of 4.85% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.12%. This indicates that KRBN's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KRBN | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.85% | 3.12% | +1.73% |
Volatility (6M)Calculated over the trailing 6-month period | 16.86% | 7.74% | +9.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.17% | 11.09% | +8.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.06% | 14.36% | +13.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.54% | 16.70% | +11.84% |
KRBN vs. SCHD - Expense Ratio Comparison
KRBN has a 0.79% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Dividends
KRBN vs. SCHD - Dividend Comparison
KRBN's dividend yield for the trailing twelve months is around 2.01%, less than SCHD's 3.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KRBN KraneShares Global Carbon ETF | 2.01% | 1.90% | 7.10% | 7.60% | 22.91% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab U.S. Dividend Equity ETF | 3.28% | 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
KRBN and SCHD have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KRBN has higher volatility (4.85%) compared to SCHD (3.12%). In terms of maximum drawdown, KRBN dropped -36.42% vs SCHD's -33.37%.
On 5-year performance, SCHD leads with 8.70% vs 6.01% for KRBN. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.12%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHD has performed better with a 8.70% return vs 6.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.79% for KRBN.
SCHD has the higher dividend yield at 3.28%, compared with 2.01% for KRBN.
KRBN is categorized as Commodities, while SCHD is Dividend. KRBN tracks IHS Markit Global Carbon Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: CICC and Charles Schwab. Their fees differ too: 0.79% for KRBN and 0.06% for SCHD.
SCHD currently has the higher Sharpe Ratio (2.41 vs 0.67), 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.
Find the right allocation for KRBN and SCHD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer