CSF vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. CSF offers more diversification with 508 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: CSF

Side-by-Side Comparison

MetricCSFSCHDWinner
Expense Ratio0.41%0.06%
AUM$26M$103.7B
Dividend Yield1.51%3.31%
Holdings508104
YTD Return-6.58%+24.26%
1Y Return+4.25%+31.38%
3Y Return (annualized)-2.15%+15.08%
5Y Return (annualized)+10.06%+9.72%
Volatility (annualized)16.1%13.6%
Max Drawdown-35.9%-33.4%
Fund FamilyVictory Capital Management Inc.Charles Schwab Asset Management
CategoryEquityEquity
InceptionJul 31, 2014Oct 20, 2011

CSF vs SCHD Performance

VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) 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 CSF returned +4.25% while SCHD returned +31.38%. Year to date, CSF is down 6.58% versus a gain of 24.26% for SCHD.

Over three years, CSF compounded at -2.15% per year against +15.08% for SCHD; over five years the annualized figures are +10.06% and +9.72% respectively. Across the full 11-year window we track, SCHD has the edge at +11.39% annualized vs +5.02%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CSF has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 13.6% 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 -35.9% for CSF 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CSF charges 0.41% per year while SCHD charges 0.06%. On a $10,000 position that is $41 vs $6 annually, a gap of $35 per year that compounds over a long holding period. On income, CSF currently yields 1.51% against 3.31% for SCHD.

Frequently Asked Questions

Which is cheaper, CSF or SCHD?

CSF has an expense ratio of 0.41% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $35 per year of difference.

Which performed better, CSF or SCHD?

Over the past year CSF returned +4.25% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), CSF annualized +5.02% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, CSF or SCHD?

CSF has been the more volatile fund at 16.1% annualized versus 13.6% for SCHD. Worst drawdown: CSF -35.9% vs SCHD -33.4%.

Should I hold both CSF and SCHD?

CSF and SCHD have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, CSF or SCHD?

CSF yields 1.51% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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