CFO vs SCHD
VictoryShares US 500 Enhanced Volatility Weighted ETF vs Schwab US Dividend Equity ETF
Which is better, CFO or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. CFO is less concentrated, with 3.7% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CFO | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $416M | $112.1B |
| Dividend Yield | 1.20% | 3.00% |
| Holdings | 502 | 103 |
| YTD Return | +7.52% | +23.46%Best |
| 1Y Return | +8.96% | +27.20%Best |
| 3Y Return (annualized) | +10.82% | +15.41%Best |
| 5Y Return (annualized) | +3.97% | +10.16%Best |
| Volatility (annualized) | 12.3%Best | 14.6% |
| Max Drawdown | -24.4%Best | -33.4% |
| $10,000 over 5 years | $12,149 | $16,223Best |
| Top 10 Weight | 3.7%Best | 41.8% |
| Fund Family | Victory Capital Management Inc. | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jul 1, 2014 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jul 2, 2014 to Sep 18, 2026 (12.2 years).
CFO vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 12.2 years both funds cover.
CFO vs SCHD Performance
VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) is an ETF from Victory Capital Management Inc. and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CFO returned +8.96% while SCHD returned +27.20%. Year to date, CFO is up 7.52% versus a gain of 23.46% for SCHD.
Over three years, CFO compounded at +10.82% per year against +15.41% for SCHD; over five years the annualized figures are +3.97% and +10.16% respectively. Across the full 12-year window we track, SCHD has the edge at +9.94% annualized vs +7.84%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 12.3% for CFO. 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 -24.4% for CFO and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CFO 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, CFO currently yields 1.20% against 3.00% for SCHD.
Holdings Overlap
10.6% of CFO's money is in holdings SCHD also owns. 93.8% of SCHD's money is in holdings CFO also owns.
Most of SCHD is already inside CFO. Owning both mostly buys the same companies twice.
46 positions in common, counted across the 501 positions we hold weights for in CFO and 100 in SCHD, against full books of 502 and 103.
What only one of them owns
Our book lists 53 positions for SCHD that do not appear in our book for CFO (6.2% of the fund), and 448 for CFO that do not appear in SCHD (88.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CFO | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 0.24% | 4.77% | 4.53% |
| AMGNAmgen Inc. | 0.22% | 4.70% | 4.48% |
| ABTAbbott Laboratories | 0.22% | 4.69% | 4.47% |
| KOCoca Cola Co. | 0.37% | 4.17% | 3.80% |
| CVXChevron Corp | 0.30% | 4.02% | 3.72% |
| VZVerizon Communic | 0.23% | 3.97% | 3.74% |
| COPConocophillips Common Stock USD 0.01 | 0.23% | 3.94% | 3.71% |
| PGProcter & Gamble Company | 0.29% | 3.83% | 3.54% |
| HDHome Depot Inc/The | 0.21% | 3.88% | 3.67% |
| UNHUnitedhealth Group Incorporated | 0.17% | 3.82% | 3.65% |
93.8% of SCHD is already inside CFO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CFO or SCHD?
CFO has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, CFO or SCHD?
Over the past year CFO returned +8.96% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), CFO annualized +7.84% vs +9.94% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CFO or SCHD?
SCHD has been the more volatile fund at 14.6% annualized versus 12.3% for CFO. Worst drawdown: CFO -24.4% vs SCHD -33.4%.
Should I hold both CFO and SCHD?
CFO and SCHD have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CFO and SCHD?
93.8% of SCHD's money is in holdings CFO also owns. 93.8% of SCHD's is in holdings CFO also owns. They hold 46 positions in common, counted across the 501 positions we hold weights for in CFO and 100 in SCHD.
Which pays a higher dividend, CFO or SCHD?
CFO yields 1.20% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CFO?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. CFO is less concentrated, with 3.7% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.