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CFO vs. SCHK
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CFO vs. SCHK

Last updated Jun 24, 2026

CFO (VictoryShares US 500 Enhanced Volatility Weighted ETF) and SCHK (Schwab 1000 Index ETF) are both Large Cap Blend Equities funds - CFO tracks the Nasdaq Victory U.S. Large Cap 500 Long/Cash Volatility Weighted Index while SCHK tracks the Schwab 1000 Index. Both are passively managed. Over the past 5 years, CFO returned 4.21%/yr vs 12.31%/yr for SCHK. Their correlation of 0.88 suggests significant overlap in exposure. CFO charges 0.35%/yr vs 0.03%/yr for SCHK.

Performance

CFO vs. SCHK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) and Schwab 1000 Index ETF (SCHK). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CFO achieves a 7.47% return, which is significantly lower than SCHK's 8.54% return.

CFO

1D
-0.21%
1M
1.25%
YTD
7.47%
6M
6.58%
1Y
14.21%
3Y*
10.51%
5Y*
4.21%
10Y*
9.80%

SCHK

1D
-1.42%
1M
-0.95%
YTD
8.54%
6M
7.46%
1Y
23.67%
3Y*
20.74%
5Y*
12.31%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CFO vs. SCHK - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CFO
VictoryShares US 500 Enhanced Volatility Weighted ETF		7.47%8.60%15.37%-3.56%-14.46%26.02%19.84%21.64%-8.81%6.11%
SCHK
Schwab 1000 Index ETF		8.54%17.23%24.48%26.63%-19.51%26.17%20.75%31.31%-5.09%5.24%

Correlation

The correlation between CFO and SCHK is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.75

Correlation (3Y)
Calculated over the trailing 3-year period

0.81

Correlation (5Y)
Calculated over the trailing 5-year period

0.84

Correlation (All Time)
Calculated using the full available price history since Oct 11, 2017

0.88

The correlation between CFO and SCHK shifts across timeframes, from 0.75 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

CFO vs. SCHK - Sectors Allocation Comparison

Sectors
CFO
SCHK

Industrials

18.1%
8.9%

Financial Services

17.8%
11.2%

Technology

17.1%
38.0%

Consumer Cyclical

9.6%
9.8%

Healthcare

9.6%
8.4%

Utilities

8.5%
2.1%

Consumer Defensive

6.7%
4.3%

Energy

5.1%
3.2%

Basic Materials

3.6%
1.9%

Communication Services

3.6%
10.1%

Real Estate

0.4%
2.0%

Industrials

CFO
18.1%
SCHK
8.9%

Financial Services

CFO
17.8%
SCHK
11.2%

Technology

CFO
17.1%
SCHK
38.0%

Consumer Cyclical

CFO
9.6%
SCHK
9.8%

Healthcare

CFO
9.6%
SCHK
8.4%

Utilities

CFO
8.5%
SCHK
2.1%

Consumer Defensive

CFO
6.7%
SCHK
4.3%

Energy

CFO
5.1%
SCHK
3.2%

Basic Materials

CFO
3.6%
SCHK
1.9%

Communication Services

CFO
3.6%
SCHK
10.1%

Real Estate

CFO
0.4%
SCHK
2.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VictoryShares US 500 Enhanced Volatility Weighted ETF

Schwab 1000 Index ETF

Often compared with CFO:
CFO vs. CFACFO vs. VOOCFO vs. BDGSCFO vs. SPLVCFO vs. VFLOCFO vs. CDCCFO vs. FNCMX
Often compared with SCHK:
SCHK vs. SCHBSCHK vs. VOOSCHK vs. SCHXSCHK vs. SCHGSCHK vs. VTISCHK vs. VONGSCHK vs. SCHD

Return for Risk

CFO vs. SCHK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CFO
CFO Risk / Return Rank: 4242
Overall Rank
CFO Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
CFO Sortino Ratio Rank: 4141
Sortino Ratio Rank
CFO Omega Ratio Rank: 3737
Omega Ratio Rank
CFO Calmar Ratio Rank: 4343
Calmar Ratio Rank
CFO Martin Ratio Rank: 4747
Martin Ratio Rank
SCHK
SCHK Risk / Return Rank: 5858
Overall Rank
SCHK Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
SCHK Sortino Ratio Rank: 5555
Sortino Ratio Rank
SCHK Omega Ratio Rank: 5656
Omega Ratio Rank
SCHK Calmar Ratio Rank: 5656
Calmar Ratio Rank
SCHK Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CFO vs. SCHK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) and Schwab 1000 Index ETF (SCHK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

CFOSCHKDifference
Sharpe ratioReturn per unit of total volatility
1.31
1.86

-0.55

Sortino ratioReturn per unit of downside risk
1.93
2.53

-0.60

Omega ratioGain probability vs. loss probability

1.23

1.33

-0.10

Calmar ratioReturn relative to maximum drawdown

2.01

2.65

-0.64

Martin ratioReturn relative to average drawdown

7.42

11.81

-4.40

CFO vs. SCHK - Sharpe Ratio Comparison

The current CFO Sharpe Ratio is 1.31, which is comparable to the SCHK Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of CFO and SCHK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CFO vs. SCHK - Drawdown Comparison

The maximum CFO drawdown since its inception was -24.35%, smaller than the maximum SCHK drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for CFO and SCHK.

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Drawdown Indicators

CFOSCHKDifference

Max Drawdown

Largest peak-to-trough decline

-24.35%

-34.80%

+10.45%

Max Drawdown (1Y)

Largest decline over 1 year

-7.10%

-8.97%

+1.87%

Max Drawdown (3Y)

Largest decline over 3 years

-17.25%

-19.21%

+1.96%

Max Drawdown (5Y)

Largest decline over 5 years

-24.35%

-25.44%

+1.09%

Max Drawdown (10Y)

Largest decline over 10 years

-24.35%

—

—

Current Drawdown

Current decline from peak

-1.05%

-2.98%

+1.93%

Average Drawdown

Average peak-to-trough decline

-5.60%

-5.16%

-0.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.92%

2.01%

-0.09%

Volatility

CFO vs. SCHK - Volatility Comparison

The current volatility for VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) is 3.02%, while Schwab 1000 Index ETF (SCHK) has a volatility of 4.96%. This indicates that CFO experiences smaller price fluctuations and is considered to be less risky than SCHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CFOSCHKDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.02%

4.96%

-1.94%

Volatility (6M)

Calculated over the trailing 6-month period

8.03%

10.10%

-2.07%

Volatility (1Y)

Calculated over the trailing 1-year period

10.91%

12.84%

-1.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.33%

17.34%

-4.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.23%

19.12%

-5.89%

CFO vs. SCHK - Expense Ratio Comparison

CFO has a 0.35% expense ratio, which is higher than SCHK's 0.03% expense ratio.

Dividends

CFO vs. SCHK - Dividend Comparison

CFO's dividend yield for the trailing twelve months is around 1.25%, more than SCHK's 1.03% yield.

PositionTTM20252024202320222021202020192018201720162015
CFO
VictoryShares US 500 Enhanced Volatility Weighted ETF		1.25%1.32%1.44%1.72%3.95%1.06%0.90%1.44%1.49%1.18%1.35%1.31%
SCHK
Schwab 1000 Index ETF		1.03%1.09%1.20%1.38%1.57%1.17%1.58%1.82%1.80%0.31%0.00%0.00%

Frequently Asked Questions

CFO and SCHK have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SCHK has higher volatility (4.96%) compared to CFO (3.02%). In terms of maximum drawdown, CFO dropped -24.35% vs SCHK's -34.80%.

On 5-year performance, SCHK leads with 12.31% vs 4.21% for CFO. On fees, SCHK is cheaper at 0.03% per year. On volatility, CFO has been the lower-risk option at 3.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, SCHK has performed better with a 12.31% return vs 4.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCHK is cheaper with a 0.03% expense ratio, compared with 0.35% for CFO.

CFO has the higher dividend yield at 1.25%, compared with 1.03% for SCHK.

CFO tracks Nasdaq Victory U.S. Large Cap 500 Long/Cash Volatility Weighted Index, while SCHK tracks Schwab 1000 Index. They also come from different issuers: VictoryShares and Charles Schwab. Their fees differ too: 0.35% for CFO and 0.03% for SCHK.

SCHK currently has the higher Sharpe Ratio (1.86 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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