SOVF vs. SCHM

Last updated Jun 20, 2026

SOVF (Sovereign's Capital Flourish Fund) and SCHM (Schwab US Mid-Cap ETF) are both Mid Cap Blend Equities funds. SOVF is actively managed, while SCHM is passively managed. Over the past year, SOVF returned -2.03% vs 33.91% for SCHM. Their correlation of 0.84 suggests significant overlap in exposure. SOVF charges 0.75%/yr vs 0.04%/yr for SCHM.

Performance

SOVF vs. SCHM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sovereign's Capital Flourish Fund (SOVF) and Schwab US Mid-Cap ETF (SCHM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOVF achieves a -2.69% return, which is significantly lower than SCHM's 20.31% return.

SOVF

• 1D: 0.64%
• 1M: 0.42%
• YTD: -2.69%
• 6M: -3.34%
• 1Y: -2.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHM

• 1D: 1.55%
• 1M: 5.59%
• YTD: 20.31%
• 6M: 18.81%
• 1Y: 33.91%
• 3Y*: 17.18%
• 5Y*: 8.92%
• 10Y*: 11.54%

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

SOVF vs. SCHM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SOVF Sovereign's Capital Flourish Fund	-2.69%	-4.38%	8.67%	14.18%
SCHM Schwab US Mid-Cap ETF	20.31%	10.17%	11.98%	13.21%

Correlation

The correlation between SOVF and SCHM is 0.70, 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	0.70
Correlation (All Time) Calculated using the full available price history since Oct 3, 2023	0.84

The correlation between SOVF and SCHM shifts across timeframes, from 0.70 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

SOVF vs. SCHM - Sectors Allocation Comparison

Sectors	SOVF	SCHM
Technology	32.9%	22.1%
Financial Services	16.6%	10.9%
Industrials	14.4%	21.7%
Healthcare	10.6%	10.9%
Consumer Cyclical	8.1%	10.8%
Consumer Defensive	8.0%	3.4%
Utilities	5.1%	2.9%
Real Estate	3.7%	6.4%
Communication Services	0.3%	2.6%
Energy	0.3%	3.4%
Basic Materials	-	4.7%

Return for Risk

SOVF vs. SCHM — Risk / Return Rank

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

SOVF

SOVF Risk / Return Rank: 7
SOVF Sharpe Ratio Rank: 7
SOVF Sortino Ratio Rank: 7
SOVF Omega Ratio Rank: 7
SOVF Calmar Ratio Rank: 7
SOVF Martin Ratio Rank: 7

SCHM

SCHM Risk / Return Rank: 71
SCHM Sharpe Ratio Rank: 68
SCHM Sortino Ratio Rank: 68
SCHM Omega Ratio Rank: 64
SCHM Calmar Ratio Rank: 76
SCHM Martin Ratio Rank: 79

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.

SOVF vs. SCHM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sovereign's Capital Flourish Fund (SOVF) and Schwab US Mid-Cap ETF (SCHM). 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.

	SOVF	SCHM	Difference
Sharpe ratio: Return per unit of total volatility	-0.14	2.10	-2.24
Sortino ratio: Return per unit of downside risk	-0.09	2.94	-3.04
Omega ratio: Gain probability vs. loss probability	0.99	1.37	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.14	3.66	-3.80
Martin ratio: Return relative to average drawdown	-0.29	14.61	-14.90

SOVF vs. SCHM - Sharpe Ratio Comparison

The current SOVF Sharpe Ratio is -0.14, which is lower than the SCHM Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of SOVF and SCHM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SOVF vs. SCHM - Drawdown Comparison

The maximum SOVF drawdown since its inception was -21.74%, smaller than the maximum SCHM drawdown of -42.43%. Use the drawdown chart below to compare losses from any high point for SOVF and SCHM.

Drawdown Indicators

	SOVF	SCHM	Difference
Max Drawdown Largest peak-to-trough decline	-21.74%	-42.43%	+20.69%
Max Drawdown (1Y) Largest decline over 1 year	-14.46%	-9.32%	-5.14%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.27%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.43%	—
Current Drawdown Current decline from peak	-14.39%	-0.63%	-13.76%
Average Drawdown Average peak-to-trough decline	-7.39%	-5.64%	-1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.00%	2.33%	+4.67%

Volatility

SOVF vs. SCHM - Volatility Comparison

The current volatility for Sovereign's Capital Flourish Fund (SOVF) is 3.78%, while Schwab US Mid-Cap ETF (SCHM) has a volatility of 5.67%. This indicates that SOVF experiences smaller price fluctuations and is considered to be less risky than SCHM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOVF	SCHM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	5.67%	-1.89%
Volatility (6M) Calculated over the trailing 6-month period	10.11%	12.47%	-2.36%
Volatility (1Y) Calculated over the trailing 1-year period	14.60%	16.19%	-1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	19.66%	-2.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.20%	20.51%	-3.31%

SOVF vs. SCHM - Expense Ratio Comparison

SOVF has a 0.75% expense ratio, which is higher than SCHM's 0.04% expense ratio.

Dividends

SOVF vs. SCHM - Dividend Comparison

SOVF's dividend yield for the trailing twelve months is around 0.79%, less than SCHM's 1.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHM Schwab US Mid-Cap ETF	1.21%	1.46%	1.43%	1.50%	1.67%	1.13%	1.31%	1.48%	1.56%	1.27%	1.51%	1.54%
SOVF Sovereign's Capital Flourish Fund	0.79%	0.77%	0.30%	0.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOVF and SCHM in my portfolio?

SOVF and SCHM have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOVF or SCHM?

SCHM has higher volatility (5.67%) compared to SOVF (3.78%). In terms of maximum drawdown, SOVF dropped -21.74% vs SCHM's -42.43%.

Which ETF is better, SOVF or SCHM?

On 1-year performance, SCHM leads with 33.91% vs -2.03% for SOVF. On fees, SCHM is cheaper at 0.04% per year. On volatility, SOVF has been the lower-risk option at 3.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOVF or SCHM?

Over the 1-year period, SCHM has performed better with a 33.91% return vs -2.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOVF or SCHM?

SCHM is cheaper with a 0.04% expense ratio, compared with 0.75% for SOVF.

Which ETF pays a higher dividend yield, SOVF or SCHM?

SCHM has the higher dividend yield at 1.21%, compared with 0.79% for SOVF.

What is the main difference between SOVF and SCHM?

They also come from different issuers: Sovereign's and Charles Schwab. Their fees differ too: 0.75% for SOVF and 0.04% for SCHM.

Which has better risk-adjusted returns?

SCHM currently has the higher Sharpe Ratio (2.10 vs -0.14), 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.