Skip to content
Beacon
Screener

KAT vs SCMB

Scharf ETF vs Schwab Municipal Bond ETF

KAT

Scharf ETF

Scharf Investments

Annual cost

0.75%

Fund size

$688M

SCMB

Schwab Municipal Bond ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$3.7B

Key differences

  • SCMB costs 0.72% less per year.
  • SCMB is significantly larger than KAT — larger funds tend to be more liquid and less likely to close.
  • KAT is classified as equity, while SCMB is fixed income — different risk/return profiles.
  • KAT follows a active selection strategy; SCMB uses index tracking.
  • KAT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KATSCMB
Annual cost (TER)0.75%0.03%
Fund size (AUM)$688M$3.7B
Since20112022
Dividend yield0.39%3.41%
Asset classequityfixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+5.7%
CAGR 3YN/A+2.8%
CAGR 5YN/AN/A
Sharpe 3YN/A-0.17
Volatility 1Y2.92%
Max drawdown-9.25%-6.13%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to KAT and SCMB