SCHF vs. CIL

Last updated Jun 3, 2026

SCHF (Schwab International Equity ETF) and CIL (VictoryShares International Volatility Wtd ETF) are both Foreign Large Cap Equities funds - SCHF tracks the FTSE Developed ex U.S. Index while CIL tracks the Nasdaq Victory International 500 Volatility Weighted Index. Both are passively managed. Over the past 10 years, SCHF returned 10.37%/yr vs 8.21%/yr for CIL. A 0.73 correlation means they provide meaningful diversification when combined. SCHF charges 0.06%/yr vs 0.45%/yr for CIL.

Performance

SCHF vs. CIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab International Equity ETF (SCHF) and VictoryShares International Volatility Wtd ETF (CIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHF achieves a 16.56% return, which is significantly higher than CIL's 5.44% return. Over the past 10 years, SCHF has outperformed CIL with an annualized return of 10.37%, while CIL has yielded a comparatively lower 8.21% annualized return.

SCHF

• 1D: 0.54%
• 1M: 5.58%
• YTD: 16.56%
• 6M: 20.34%
• 1Y: 32.90%
• 3Y*: 20.25%
• 5Y*: 10.24%
• 10Y*: 10.37%

CIL

• 1D: 0.00%
• 1M: 0.00%
• YTD: 5.44%
• 6M: 8.27%
• 1Y: 16.20%
• 3Y*: 15.59%
• 5Y*: 7.45%
• 10Y*: 8.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SCHF vs. CIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHF Schwab International Equity ETF	16.56%	34.55%	3.28%	18.35%	-14.80%	11.40%	9.48%	22.26%	-14.29%	26.03%
CIL VictoryShares International Volatility Wtd ETF	5.44%	32.99%	3.76%	16.29%	-16.00%	11.07%	7.21%	19.13%	-13.34%	27.67%

Correlation

The correlation between SCHF and CIL is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Aug 21, 2015	0.73

The correlation between SCHF and CIL shifts across timeframes, from 0.68 (1 year) to 0.87 (3 years), reflecting how their relationship changes across market environments.

SCHF vs. CIL - Sectors Allocation Comparison

Sectors	SCHF	CIL
Financial Services	20.6%	24.8%
Technology	15.7%	6.4%
Industrials	11.5%	18.4%
Basic Materials	6.5%	6.6%
Healthcare	6.5%	7.7%
Consumer Cyclical	5.7%	8.2%
Energy	5.0%	4.6%
Consumer Defensive	4.9%	8.8%
Communication Services	2.3%	5.8%
Real Estate	1.7%	2.2%
Utilities	1.7%	6.6%

Return for Risk

SCHF vs. CIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCHF

SCHF Risk / Return Rank: 62
SCHF Sharpe Ratio Rank: 62
SCHF Sortino Ratio Rank: 61
SCHF Omega Ratio Rank: 61
SCHF Calmar Ratio Rank: 60
SCHF Martin Ratio Rank: 64

CIL

CIL Risk / Return Rank: 73
CIL Sharpe Ratio Rank: 61
CIL Sortino Ratio Rank: 62
CIL Omega Ratio Rank: 73
CIL Calmar Ratio Rank: 81
CIL Martin Ratio Rank: 86

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.

SCHF vs. CIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab International Equity ETF (SCHF) and VictoryShares International Volatility Wtd ETF (CIL). 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.

	SCHF	CIL	Difference
Sharpe ratio Return per unit of total volatility	2.10	2.07	+0.04
Sortino ratio Return per unit of downside risk	2.89	2.96	-0.07
Omega ratio Gain probability vs. loss probability	1.38	1.45	-0.07
Calmar ratio Return relative to maximum drawdown	3.00	4.32	-1.31
Martin ratio Return relative to average drawdown	11.70	18.62	-6.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHF vs. CIL - Sharpe Ratio Comparison

The current SCHF Sharpe Ratio is 2.10, which is comparable to the CIL Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of SCHF and CIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SCHF	CIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.07	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.46	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.48	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.43	0.00

Drawdowns

SCHF vs. CIL - Drawdown Comparison

The maximum SCHF drawdown since its inception was -34.87%, roughly equal to the maximum CIL drawdown of -36.27%. Use the drawdown chart below to compare losses from any high point for SCHF and CIL.

Drawdown Indicators

	SCHF	CIL	Difference
Max Drawdown Largest peak-to-trough decline	-34.87%	-36.27%	+1.40%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-4.60%	-6.88%
Max Drawdown (3Y) Largest decline over 3 years	-13.41%	-11.96%	-1.45%
Max Drawdown (5Y) Largest decline over 5 years	-29.14%	-29.89%	+0.75%
Max Drawdown (10Y) Largest decline over 10 years	-34.87%	-36.27%	+1.40%
Current Drawdown Current decline from peak	0.00%	-0.58%	+0.58%
Average Drawdown Average peak-to-trough decline	-7.38%	-6.56%	-0.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	1.07%	+1.88%

Volatility

SCHF vs. CIL - Volatility Comparison

Schwab International Equity ETF (SCHF) has a higher volatility of 5.73% compared to VictoryShares International Volatility Wtd ETF (CIL) at 0.00%. This indicates that SCHF's price experiences larger fluctuations and is considered to be riskier than CIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHF	CIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.73%	0.00%	+5.73%
Volatility (6M) Calculated over the trailing 6-month period	13.32%	4.42%	+8.90%
Volatility (1Y) Calculated over the trailing 1-year period	15.75%	8.26%	+7.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.38%	16.49%	-0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.19%	17.18%	+0.01%

SCHF vs. CIL - Expense Ratio Comparison

SCHF has a 0.06% expense ratio, which is lower than CIL's 0.45% expense ratio.

Dividends

SCHF vs. CIL - Dividend Comparison

SCHF's dividend yield for the trailing twelve months is around 2.93%, more than CIL's 1.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIL VictoryShares International Volatility Wtd ETF	1.67%	2.70%	3.46%	2.91%	2.41%	3.04%	1.73%	2.69%	2.85%	2.17%	2.34%	0.43%
SCHF Schwab International Equity ETF	2.93%	3.42%	3.26%	2.97%	2.80%	3.19%	2.08%	2.95%	3.06%	2.35%	2.58%	2.26%

Frequently Asked Questions

Can I hold both SCHF and CIL in my portfolio?

SCHF and CIL have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHF or CIL?

SCHF has higher volatility (5.73%) compared to CIL (0.00%). In terms of maximum drawdown, SCHF dropped -34.87% vs CIL's -36.27%.

Which ETF is better, SCHF or CIL?

On 10-year performance, SCHF leads with 10.37% vs 8.21% for CIL. On fees, SCHF is cheaper at 0.06% per year. On volatility, CIL has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHF or CIL?

Over the 10-year period, SCHF has performed better with a 10.37% return vs 8.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHF or CIL?

SCHF is cheaper with a 0.06% expense ratio, compared with 0.45% for CIL.

Which ETF pays a higher dividend yield, SCHF or CIL?

SCHF has the higher dividend yield at 2.93%, compared with 1.67% for CIL.

What is the main difference between SCHF and CIL?

SCHF tracks FTSE Developed ex U.S. Index, while CIL tracks Nasdaq Victory International 500 Volatility Weighted Index. They also come from different issuers: Charles Schwab and Crestview. Their fees differ too: 0.06% for SCHF and 0.45% for CIL.

Which has better risk-adjusted returns?

SCHF currently has the higher Sharpe Ratio (2.10 vs 2.07), 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.