SCHD vs SOVF

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

MetricSCHDSOVFWinner
Expense Ratio0.06%0.75%
AUM$103.7B$96M
Dividend Yield3.31%0.76%
Holdings10477
YTD Return+24.26%+10.17%
1Y Return+31.38%+9.14%
3Y Return (annualized)+15.08%-
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%16.9%
Max Drawdown-33.4%-21.7%
Fund FamilyCharles Schwab Asset ManagementSovereign's Capital
CategoryEquityEquity
InceptionOct 20, 2011Oct 2, 2023

SCHD vs SOVF Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Sovereigns Capital Flourish Fund (SOVF) is a ETF from Sovereign's Capital. Over the past year SCHD returned +31.38% while SOVF returned +9.14%. Year to date, SCHD is up 24.26% versus a gain of 10.17% for SOVF.

Risk: Volatility and Drawdowns

SOVF has been the more volatile fund, with annualized monthly volatility of 16.9% 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 -33.4% for SCHD and -21.7% for SOVF. 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 0.70. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SCHD charges 0.06% per year while SOVF charges 0.75%. On a $10,000 position that is $6 vs $75 annually, a gap of $69 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.76% for SOVF.

Holdings Overlap

5.6%overlap

SCHD and SOVF share 9 holdings out of 168 unique holdings combined, representing a 5.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SCHDWeight in SOVFDifference
UPS2.25%2.21%0.04%
QCOM2.72%1.52%1.20%
NSP0.05%3.43%3.38%
ADPProProPro
AFGProProPro
FASTProProPro
DVNProProPro
ERIEProProPro
APAProProPro
See all 9 holdings SCHD shares with SOVF
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Frequently Asked Questions

Which is cheaper, SCHD or SOVF?

SCHD has an expense ratio of 0.06% while SOVF charges 0.75%. SCHD is the cheaper option. On a $10,000 investment, that is $69 per year of difference.

Which performed better, SCHD or SOVF?

Over the past year SCHD returned +31.38% vs +9.14% for SOVF, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.39% vs +10.51% for SOVF. Past performance does not guarantee future results.

Which is riskier, SCHD or SOVF?

SOVF has been the more volatile fund at 16.9% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SOVF -21.7%.

Should I hold both SCHD and SOVF?

SCHD and SOVF have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and SOVF?

SCHD and SOVF share 9 common holdings with a 5.6% weight overlap. Combined, they hold 168 unique securities.

Which pays a higher dividend, SCHD or SOVF?

SCHD yields 3.31% while SOVF yields 0.76%, so SCHD currently pays the higher dividend yield.

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