CVAR vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricCVARSCHDWinner
Expense Ratio0.87%0.06%
AUM$42M$103.7B
Dividend Yield1.42%3.31%
Holdings91104
YTD Return+9.07%+25.33%
1Y Return+17.07%+32.31%
3Y Return (annualized)+9.54%+15.40%
5Y Return (annualized)-+9.70%
Volatility (annualized)15.7%13.6%
Max Drawdown-19.4%-33.4%
Fund FamilyCultivar ETFCharles Schwab Asset Management
CategoryEquityEquity
InceptionDec 22, 2021Oct 20, 2011

CVAR vs SCHD Performance

Cultivar ETF (CVAR) is a ETF from Cultivar ETF and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CVAR returned +17.07% while SCHD returned +32.31%. Year to date, CVAR is up 9.07% versus a gain of 25.33% for SCHD.

Over three years, CVAR compounded at +9.54% per year against +15.40% for SCHD. Across the full 5-year window we track, SCHD has the edge at +11.45% annualized vs +6.85%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CVAR has been the more volatile fund, with annualized monthly volatility of 15.7% 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 -19.4% for CVAR 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 0.85. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CVAR charges 0.87% per year while SCHD charges 0.06%. On a $10,000 position that is $87 vs $6 annually, a gap of $81 per year that compounds over a long holding period. On income, CVAR currently yields 1.42% against 3.31% for SCHD.

Holdings Overlap

7.7%overlap

CVAR and SCHD share 12 holdings out of 176 unique holdings combined, representing a 7.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CVARWeight in SCHDDifference
UNH1.42%4.54%3.12%
BMY0.59%3.22%2.63%
KMB2.43%0.93%1.50%
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Frequently Asked Questions

Which is cheaper, CVAR or SCHD?

CVAR has an expense ratio of 0.87% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $81 per year of difference.

Which performed better, CVAR or SCHD?

Over the past year CVAR returned +17.07% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), CVAR annualized +6.85% vs +11.45% for SCHD. Past performance does not guarantee future results.

Which is riskier, CVAR or SCHD?

CVAR has been the more volatile fund at 15.7% annualized versus 13.6% for SCHD. Worst drawdown: CVAR -19.4% vs SCHD -33.4%.

Should I hold both CVAR and SCHD?

CVAR and SCHD have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CVAR and SCHD?

CVAR and SCHD share 12 common holdings with a 7.7% weight overlap. Combined, they hold 176 unique securities.

Which pays a higher dividend, CVAR or SCHD?

CVAR yields 1.42% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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