CSB vs SCHD
VictoryShares US Small Cap High Dividend Volatility Weighted ETF vs Schwab US Dividend Equity ETF
Which is better, CSB or SCHD?
Small Cap Value against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. CSB is less concentrated, with 15.7% of the fund in its ten largest positions against 41.5%.
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 | CSB | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $261M | $112.2B |
| Dividend Yield | 3.03% | 3.13% |
| Holdings | 102 | 103 |
| YTD Return | +14.61% | +27.56%Best |
| 1Y Return | +14.38% | +30.29%Best |
| 3Y Return (annualized) | +13.03% | +16.37%Best |
| 5Y Return (annualized) | +5.75% | +10.23%Best |
| Volatility (annualized) | 18.9% | 14.9%Best |
| Max Drawdown | -43.7% | -33.4%Best |
| $10,000 over 5 years | $13,225 | $16,274Best |
| Top 10 Weight | 15.7%Best | 41.5% |
| Fund Family | Victory Capital Management Inc. | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Jul 7, 2015 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jul 8, 2015 to Sep 4, 2026 (11.2 years).
CSB 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 11.2 years both funds cover.
CSB vs SCHD Performance
VictoryShares US Small Cap High Dividend Volatility Weighted ETF (CSB) 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 CSB returned +14.38% while SCHD returned +30.29%. Year to date, CSB is up 14.61% versus a gain of 27.56% for SCHD.
Over three years, CSB compounded at +13.03% per year against +16.37% for SCHD; over five years the annualized figures are +5.75% and +10.23% respectively. Across the full 11-year window we track, SCHD has the edge at +11.31% annualized vs +7.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CSB has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 14.9% for SCHD. 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 -43.7% for CSB 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
CSB 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, CSB currently yields 3.03% against 3.13% for SCHD.
Holdings Overlap
18.8% of CSB's money is in holdings SCHD also owns. 2.3% of SCHD's money is in holdings CSB also owns.
CSB and SCHD share little of their money.
20 positions in common, counted across the 100 positions we hold weights for in CSB and 100 in SCHD, against full books of 102 and 103.
What only one of them owns
Our book lists 79 positions for SCHD that do not appear in our book for CSB (97.6% of the fund), and 78 for CSB that do not appear in SCHD (78.6%).
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 CSB | Weight in SCHD | Difference |
|---|---|---|---|
| MSMMsc Industrial Direct Co Inc | 1.43% | 0.14% | 1.29% |
| KFYKorn Ferry | 1.30% | 0.11% | 1.19% |
| CNSCohen & Steers Inc | 1.26% | 0.06% | 1.20% |
| OZKBank Ozk | 1.17% | 0.13% | 1.04% |
| CVBFCvb Financial Corp. | 1.19% | 0.09% | 1.10% |
| APAMArtisan Partners Asset Management, Inc. | 1.19% | 0.08% | 1.11% |
| IPARInter Parfums Inc | 1.16% | 0.06% | 1.10% |
| COLBColumbia Banking System Inc Common Stock | 0.93% | 0.23% | 0.70% |
| MTNVail Resorts Inc. | 0.95% | 0.13% | 0.82% |
| MCMoelis & Co_None_0 | 0.93% | 0.12% | 0.81% |
You are not choosing between two funds in isolation.
Whichever of CSB and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CSB or SCHD?
CSB 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, CSB or SCHD?
Over the past year CSB returned +14.38% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), CSB annualized +7.81% vs +11.31% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CSB or SCHD?
CSB has been the more volatile fund at 18.9% annualized versus 14.9% for SCHD. Worst drawdown: CSB -43.7% vs SCHD -33.4%.
Should I hold both CSB and SCHD?
CSB 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 CSB and SCHD?
18.8% of CSB's money is in holdings SCHD also owns. 2.3% of SCHD's is in holdings CSB also owns. They hold 20 positions in common, counted across the 100 positions we hold weights for in CSB and 100 in SCHD.
Which pays a higher dividend, CSB or SCHD?
CSB yields 3.03% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CSB?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. CSB is less concentrated, with 15.7% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.