CFO vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. CFO offers more diversification with 499 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: CFO

Side-by-Side Comparison

MetricCFOSCHDWinner
Expense Ratio0.35%0.06%
AUM$415M$103.7B
Dividend Yield1.24%3.31%
Holdings502104
YTD Return+12.18%+24.08%
1Y Return+16.52%+31.88%
3Y Return (annualized)+11.34%+14.92%
5Y Return (annualized)+4.50%+9.85%
Volatility (annualized)12.3%13.6%
Max Drawdown-24.4%-33.4%
Fund FamilyVictory Capital Management Inc.Charles Schwab Asset Management
CategoryEquityEquity
InceptionJul 1, 2014Oct 20, 2011

CFO vs SCHD Performance

VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) 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 CFO returned +16.52% while SCHD returned +31.88%. Year to date, CFO is up 12.18% versus a gain of 24.08% for SCHD.

Over three years, CFO compounded at +11.34% per year against +14.92% for SCHD; over five years the annualized figures are +4.50% and +9.85% respectively. Across the full 12-year window we track, SCHD has the edge at +11.39% annualized vs +8.30%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.3% for CFO. 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 -24.4% for CFO 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 0.86. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CFO charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, CFO currently yields 1.24% against 3.31% for SCHD.

Holdings Overlap

10.1%overlap

CFO and SCHD share 46 holdings out of 553 unique holdings combined, representing a 10.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CFOWeight in SCHDDifference
UNH0.18%4.54%4.36%
ABT0.21%4.49%4.28%
MRK0.21%4.32%4.11%
KOProProPro
PGProProPro
AMGNProProPro
HDProProPro
CVXProProPro
PEPProProPro
TXNProProPro
See all 10 holdings CFO shares with SCHD
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Frequently Asked Questions

Which is cheaper, CFO or SCHD?

CFO has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.

Which performed better, CFO or SCHD?

Over the past year CFO returned +16.52% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), CFO annualized +8.30% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, CFO or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 12.3% for CFO. Worst drawdown: CFO -24.4% vs SCHD -33.4%.

Should I hold both CFO and SCHD?

CFO and SCHD have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CFO and SCHD?

CFO and SCHD share 46 common holdings with a 10.1% weight overlap. Combined, they hold 553 unique securities.

Which pays a higher dividend, CFO or SCHD?

CFO yields 1.24% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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