CFO vs SCHD
VictoryShares US 500 Enhanced Volatility Weighted ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. CFO offers more diversification with 502 holdings.
Side-by-Side Comparison
| Metric | CFO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.06% | |
| AUM | $427M | $108.7B | |
| Dividend Yield | 1.22% | 3.13% | |
| Holdings | 502 | 104 | |
| YTD Return | +11.96% | +28.70% | |
| 1Y Return | +14.13% | +31.07% | |
| 3Y Return (annualized) | +12.11% | +16.88% | |
| 5Y Return (annualized) | +4.02% | +10.20% | |
| Volatility (annualized) | 12.3% | 13.7% | |
| Max Drawdown | -24.4% | -33.4% | |
| Fund Family | Victory Capital Management Inc. | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 1, 2014 | Oct 20, 2011 |
CFO vs SCHD Performance
VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) 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 CFO returned +14.13% while SCHD returned +31.07%. Year to date, CFO is up 11.96% versus a gain of 28.70% for SCHD.
Over three years, CFO compounded at +12.11% per year against +16.88% for SCHD; over five years the annualized figures are +4.02% and +10.20% respectively. Across the full 12-year window we track, SCHD has the edge at +11.62% annualized vs +8.24%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% 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 worth weighing if you expect to sell during market stress rather than ride it out.
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 1.22% against 3.13% for SCHD.
Holdings Overlap
CFO and SCHD share 46 holdings out of 554 unique holdings combined, representing a 10.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $29 per year of difference.
Which performed better, CFO or SCHD?
Over the past year CFO returned +14.13% vs +31.07% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), CFO annualized +8.24% vs +11.62% for SCHD. Past performance does not guarantee future results.
Which is riskier, CFO or SCHD?
SCHD has been the more volatile fund at 13.7% 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 combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CFO and SCHD?
CFO and SCHD share 46 common holdings with a 10.1% weight overlap. Combined, they hold 554 unique securities.
Which pays a higher dividend, CFO or SCHD?
CFO yields 1.22% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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