RFLR vs SCHD
Innovator US Small Cap Managed Floor ETF vs Schwab US Dividend Equity ETF
Which is better, RFLR or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
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 | RFLR | SCHD |
|---|---|---|
| Expense Ratio | 0.89% | 0.06%Best |
| AUM | $95M | $112.1B |
| Dividend Yield | 0.59% | 3.00% |
| Holdings | 841 | 103 |
| YTD Return | +12.33% | +25.07%Best |
| 1Y Return | +17.02% | +27.61%Best |
| 3Y Return (annualized) | - | +15.74% |
| 5Y Return (annualized) | - | +9.89% |
| Volatility (annualized) | 11.2%Best | 13.7% |
| Max Drawdown | -15.5%Best | -16.1% |
| $10,000 over 2 years | $12,939 | $13,126Best |
| Fund Family | Innovator ETFs Trust | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 17, 2024 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 17, 2024 to Sep 11, 2026 (2 years).
RFLR 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 2 years both funds cover.
RFLR vs SCHD Performance
Innovator US Small Cap Managed Floor ETF (RFLR) is an ETF from Innovator ETFs Trust and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year RFLR returned +17.02% while SCHD returned +27.61%. Year to date, RFLR is up 12.33% versus a gain of 25.07% for SCHD.
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 11.2% for RFLR. 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 -15.5% for RFLR and -16.1% 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 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
RFLR charges 0.89% per year while SCHD charges 0.06%. On a $10,000 position that is $89 vs $6 annually, a gap of $83 per year that compounds over a long holding period. On income, RFLR currently yields 0.59% against 3.00% for SCHD.
Holdings Overlap
At least 1.2% of SCHD's money is in holdings RFLR also owns.
Stated as a floor: for RFLR, our book for it covers 90.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and RFLR share little of their money.
14 positions in common, counted across the 770 positions we hold weights for in RFLR and 100 in SCHD, against full books of 841 and 103.
Top Shared Holdings
| Stock | Weight in RFLR | Weight in SCHD | Difference |
|---|---|---|---|
| RHIRobert Half International Inc. | 0.40% | 0.11% | 0.29% |
| KFYKorn Ferry | 0.27% | 0.11% | 0.16% |
| MCMoelis & Co | 0.23% | 0.12% | 0.11% |
| MMacy'S Inc. | 0.18% | 0.14% | 0.04% |
| AGMFederal Agricultural Mortgage Corp | 0.24% | 0.05% | 0.19% |
| CVBFCvb Financial Corp | 0.17% | 0.09% | 0.08% |
| MURMurphy Oil Corp | 0.13% | 0.12% | 0.01% |
| FHIFederated Investors Inc | 0.13% | 0.11% | 0.02% |
| CWENClearway Energy Inc | 0.15% | 0.09% | 0.06% |
| OFG:PROfg Bancorp | 0.17% | 0.05% | 0.12% |
You are not choosing between two funds in isolation.
Whichever of RFLR 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, RFLR or SCHD?
RFLR has an expense ratio of 0.89% while SCHD charges 0.06%. SCHD is the cheaper option, by $83 a year on a $10,000 investment.
Which performed better, RFLR or SCHD?
Over the past year RFLR returned +17.02% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), RFLR annualized +13.75% vs +14.57% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RFLR or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 11.2% for RFLR. Worst drawdown: RFLR -15.5% vs SCHD -16.1%.
Should I hold both RFLR and SCHD?
RFLR and SCHD have a monthly-return correlation of 0.44, 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 RFLR and SCHD?
At least 1.2% of SCHD's money is in holdings RFLR also owns. Our book for RFLR is partial, so the real figure is this or higher. They hold 14 positions in common, counted across the 770 positions we hold weights for in RFLR and 100 in SCHD.
Which pays a higher dividend, RFLR or SCHD?
RFLR yields 0.59% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than RFLR?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.