SCHD vs SFLO
Schwab US Dividend Equity ETF vs VictoryShares Small Cap Free Cash Flow ETF
Which is better, SCHD or SFLO?
Large Cap Value against Small Cap Blend.
SCHD has a lower expense ratio. SFLO led over 1Y and the full window. SFLO is less concentrated, with 13.8% of the fund in its ten largest positions against 41.8%.
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 | SCHD | SFLO |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.49% |
| AUM | $112.1B | $806M |
| Dividend Yield | 3.00% | 0.65% |
| Holdings | 103 | 201 |
| YTD Return | +21.99% | +28.68%Best |
| 1Y Return | +25.92% | +29.15%Best |
| 3Y Return (annualized) | +15.66% | - |
| 5Y Return (annualized) | +9.48% | - |
| Volatility (annualized) | 13.1%Best | 17.2% |
| Max Drawdown | -16.1%Best | -26.6% |
| $10,000 over 2.8 years | $14,592 | $15,439Best |
| Top 10 Weight | 41.8% | 13.8%Best |
| Fund Family | Charles Schwab Asset Management | Victory Capital Management Inc. |
| Category | Equity | Equity |
| Style | Large Cap Value | Small Cap Blend |
| Inception | Oct 20, 2011 | Dec 21, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 21, 2023 to Sep 23, 2026 (2.8 years).
SCHD vs SFLO 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 2.8 years both funds cover.
SCHD vs SFLO Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an ETF from Victory Capital Management Inc.. Over the past year SCHD returned +25.92% while SFLO returned +29.15%. Year to date, SCHD is up 21.99% versus a gain of 28.68% for SFLO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SFLO has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 13.1% 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 -16.1% for SCHD and -26.6% for SFLO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SFLO charges 0.49%. On a $10,000 position that is $6 vs $49 annually, a gap of $43 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.65% for SFLO.
Holdings Overlap
0.5% of SCHD's money is in holdings SFLO also owns. 2.0% of SFLO's money is in holdings SCHD also owns.
SFLO and SCHD share little of their money.
4 positions in common, counted across the 100 positions we hold weights for in SCHD and 199 in SFLO, against full books of 103 and 201.
What only one of them owns
Our book lists 193 positions for SFLO that do not appear in our book for SCHD (96.0% of the fund), and 95 for SCHD that do not appear in SFLO (99.4%).
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.
You are not choosing between two funds in isolation.
Whichever of SCHD and SFLO 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, SCHD or SFLO?
SCHD has an expense ratio of 0.06% while SFLO charges 0.49%. SCHD is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, SCHD or SFLO?
Over the past year SCHD returned +25.92% vs +29.15% for SFLO, so SFLO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SFLO?
SFLO has been the more volatile fund at 17.2% annualized versus 13.1% for SCHD. Worst drawdown: SCHD -16.1% vs SFLO -26.6%.
Should I hold both SCHD and SFLO?
SCHD and SFLO have a monthly-return correlation of 0.70, 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 SCHD and SFLO?
2.0% of SFLO's money is in holdings SCHD also owns. 2.0% of SFLO's is in holdings SCHD also owns. They hold 4 positions in common, counted across the 100 positions we hold weights for in SCHD and 199 in SFLO.
Which pays a higher dividend, SCHD or SFLO?
SCHD yields 3.00% while SFLO yields 0.65%, so SCHD currently pays the higher dividend yield.
Is SFLO better than SCHD?
SCHD has a lower expense ratio. SFLO led over 1Y and the full window. SFLO is less concentrated, with 13.8% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.