CDC vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: Tied

Side-by-Side Comparison

MetricCDCSCHDWinner
Expense Ratio0.35%0.06%
AUM$744M$103.7B
Dividend Yield3.08%3.31%
Holdings102104
YTD Return+17.24%+24.26%
1Y Return+21.93%+31.38%
3Y Return (annualized)+14.08%+15.08%
5Y Return (annualized)+6.70%+9.72%
Volatility (annualized)12.4%13.6%
Max Drawdown-21.4%-33.4%
Fund FamilyVictory Capital Management Inc.Charles Schwab Asset Management
CategoryEquityEquity
InceptionJul 1, 2014Oct 20, 2011

CDC vs SCHD Performance

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is a ETF from Victory Capital Management Inc. and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CDC returned +21.93% while SCHD returned +31.38%. Year to date, CDC is up 17.24% versus a gain of 24.26% for SCHD.

Over three years, CDC compounded at +14.08% per year against +15.08% for SCHD; over five years the annualized figures are +6.70% and +9.72% respectively. Across the full 12-year window we track, SCHD has the edge at +11.39% annualized vs +8.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.4% for CDC. 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 -21.4% for CDC and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CDC 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, CDC currently yields 3.08% against 3.31% for SCHD.

Holdings Overlap

29.4%overlap

CDC and SCHD share 36 holdings out of 164 unique holdings combined, representing a 29.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CDCWeight in SCHDDifference
KO1.50%4.08%2.58%
PG1.22%4.15%2.93%
UNH0.77%4.54%3.77%
MRKProProPro
CVXProProPro
HDProProPro
AMGNProProPro
VZProProPro
TXNProProPro
PEPProProPro
See all 10 holdings CDC shares with SCHD
Exact weights in each fund and the difference, for every overlapping position.
Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime.

Frequently Asked Questions

Which is cheaper, CDC or SCHD?

CDC has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.

Which performed better, CDC or SCHD?

Over the past year CDC returned +21.93% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), CDC annualized +8.39% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, CDC or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 12.4% for CDC. Worst drawdown: CDC -21.4% vs SCHD -33.4%.

Should I hold both CDC and SCHD?

CDC and SCHD have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CDC and SCHD?

CDC and SCHD share 36 common holdings with a 29.4% weight overlap. Combined, they hold 164 unique securities.

Which pays a higher dividend, CDC or SCHD?

CDC yields 3.08% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.

See inside every ETF you own
$29/moCancel anytime.
Try FundXLS →