KEMQ vs SCHK

KEMQDKraneShares Public-Private Emerging Markets Internet and Technology ETF

SCHKASchwab 1000 Index ETF

In short

KEMQ Launched in 2017 as an emerging-markets internet index fund, KEMQ was rebuilt in August 2026 into a public-private hybrid: it now seeks growth of capital and intends to put roughly 10% of net assets into privately offered EM tech alongside listed names.

SCHK Schwab's house-built alternative to the S&P 500: the 1,000 largest US companies in one passive wrapper, reaching past the mega-caps into mid-cap turf, priced at three basis points.

Stated mandate

KEMQ The fund seeks to track, before fees and expenses, the price and yield performance of the Solactive Emerging Markets Consumer Technology Index.

SCHK The fund seeks to track the total return of the Schwab 1000 Index before fees and expenses.

Why people hold it

• KEMQ Rare wrapper: the fund intends to invest about 10% of net assets in privately offered securities at the time of purchase, a listed route into pre-IPO emerging markets tech.kraneshares.com
• Spread by design: at least 80% tracks the Solactive EM Technology Index, which caps any one name at 3% and any one country at 40% at rebalance, across 26 eligible countries.kraneshares.comkraneshares.com 2
• Not a brand-new launch: the public-private mandate was layered onto a fund trading since 2017, holding roughly 60 positions in e-commerce, fintech and chip names.kraneshares.com

• SCHK 0.03% a year, the lowest fee among the top-scoring funds in its index-wrapper group and a small fraction of what the typical fund there charges.
• About 1,000 stocks covering roughly 90% or more of US stock market value: the S&P 500 names plus a layer of mid caps most large-blend funds skip.schwabassetmanagement.com
• Tracks its stated index tightly and stands among the strongest implementations in its peer group of plain index wrappers.
• A multi-billion-dollar fund that trades actively and pays distributions quarterly.

Worth knowing

• KEMQ Costs 0.49% net of a waiver through August 1, 2028, against a 0.79% gross fee, above the category median; the waived slice returns if that waiver lapses.
• A small fund that trades lightly, so bid-ask spreads and premium-to-discount swings matter more here than in a mega-cap index ETF.
• The 40% country cap cuts both ways: one emerging market can drive much of the result. Payouts land once or twice a year, not monthly.kraneshares.com

• SCHK Weighted by market value, so the biggest US companies drive the bulk of results. Those extra 500 names carry less weight than the headcount suggests.schwabassetmanagement.com
• All-US, all-equity by mandate: no bonds, no foreign stocks, and it rides the full swings of the US market.
• The benchmark is Schwab's own proprietary index, so there is no rival fund on the identical yardstick for a side-by-side comparison.

Full KEMQ profile⁠

Full SCHK profile⁠