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AVGW vs. CDL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AVGW vs. CDL

Last updated Jun 24, 2026

AVGW (Roundhill AVGO WeeklyPay™ ETF) and CDL (VictoryShares US Large Cap High Dividend Volatility Wtd ETF) are both exchange-traded funds - AVGW is a Derivative Income fund actively managed by Roundhill, while CDL is a Large Cap Value Equities fund tracking the Nasdaq Victory U.S. Large Cap High Dividend 100 Volatility Weighted Index. AVGW is actively managed, while CDL is passively managed. At a correlation of -0.13, they often move in opposite directions. AVGW charges 0.99%/yr vs 0.35%/yr for CDL.

Performance

AVGW vs. CDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AVGO WeeklyPay™ ETF (AVGW) and VictoryShares US Large Cap High Dividend Volatility Wtd ETF (CDL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AVGW achieves a 9.42% return, which is significantly lower than CDL's 13.80% return.

AVGW

1D
-3.21%
1M
-10.07%
YTD
9.42%
6M
8.18%
1Y
—
3Y*
—
5Y*
—
10Y*
—

CDL

1D
1.03%
1M
0.80%
YTD
13.80%
6M
13.70%
1Y
20.88%
3Y*
15.81%
5Y*
10.12%
10Y*
11.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AVGW vs. CDL - Yearly Performance Comparison

2026 (YTD)2025
AVGW
Roundhill AVGO WeeklyPay™ ETF		9.42%20.48%
CDL
VictoryShares US Large Cap High Dividend Volatility Wtd ETF		13.80%2.01%

Correlation

The correlation between AVGW and CDL is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jul 24, 2025

-0.13

AVGW vs. CDL - Sectors Allocation Comparison

Sectors
AVGW
CDL

Technology

31.3%
8.0%

Basic Materials

-

0.0%

Communication Services

-

4.4%

Consumer Cyclical

-

6.9%

Consumer Defensive

-

15.8%

Energy

-

9.0%

Financial Services

-

23.1%

Healthcare

-

6.9%

Industrials

-

2.2%

Real Estate

-

0.0%

Utilities

-

23.7%

Technology

AVGW
31.3%
CDL
8.0%

Basic Materials

AVGW

-

CDL
0.0%

Communication Services

AVGW

-

CDL
4.4%

Consumer Cyclical

AVGW

-

CDL
6.9%

Consumer Defensive

AVGW

-

CDL
15.8%

Energy

AVGW

-

CDL
9.0%

Financial Services

AVGW

-

CDL
23.1%

Healthcare

AVGW

-

CDL
6.9%

Industrials

AVGW

-

CDL
2.2%

Real Estate

AVGW

-

CDL
0.0%

Utilities

AVGW

-

CDL
23.7%

Compare stocks, funds, or ETFs

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

Roundhill AVGO WeeklyPay™ ETF

VictoryShares US Large Cap High Dividend Volatility Wtd ETF

Often compared with AVGW:
AVGW vs. AVGOAVGW vs. NVDWAVGW vs. GOOWAVGW vs. AMZWAVGW vs. AVGXAVGW vs. PLTWAVGW vs. AAPW
Often compared with CDL:
CDL vs. SCHDCDL vs. DHSCDL vs. SPLVCDL vs. SDOGCDL vs. SPYCDL vs. VYMCDL vs. JEPIX

Return for Risk

AVGW vs. CDL — Risk / Return Rank

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

CDL
CDL Risk / Return Rank: 7171
Overall Rank
CDL Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
CDL Sortino Ratio Rank: 7474
Sortino Ratio Rank
CDL Omega Ratio Rank: 6464
Omega Ratio Rank
CDL Calmar Ratio Rank: 7777
Calmar Ratio Rank
CDL Martin Ratio Rank: 7474
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.

AVGW vs. CDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and VictoryShares US Large Cap High Dividend Volatility Wtd ETF (CDL). 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.

AVGWCDLDifference
Sharpe ratioReturn per unit of total volatility

—

2.10

—

Sortino ratioReturn per unit of downside risk

—

3.09

—

Omega ratioGain probability vs. loss probability

—

1.36

—

Calmar ratioReturn relative to maximum drawdown

—

3.70

—

Martin ratioReturn relative to average drawdown

—

13.08

—

AVGW vs. CDL - Sharpe Ratio Comparison

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Drawdowns

AVGW vs. CDL - Drawdown Comparison

The maximum AVGW drawdown since its inception was -34.65%, smaller than the maximum CDL drawdown of -41.03%. Use the drawdown chart below to compare losses from any high point for AVGW and CDL.

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Drawdown Indicators

AVGWCDLDifference

Max Drawdown

Largest peak-to-trough decline

-34.65%

-41.03%

+6.38%

Max Drawdown (1Y)

Largest decline over 1 year

—

-5.66%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-12.87%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-17.28%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-41.03%

—

Current Drawdown

Current decline from peak

-24.98%

-0.49%

-24.49%

Average Drawdown

Average peak-to-trough decline

-12.73%

-4.33%

-8.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.60%

—

Volatility

AVGW vs. CDL - Volatility Comparison

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Volatility by Period

AVGWCDLDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

3.47%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

7.14%

—

Volatility (1Y)

Calculated over the trailing 1-year period

57.31%

9.98%

+47.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

57.31%

13.85%

+43.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

57.31%

17.04%

+40.27%

AVGW vs. CDL - Expense Ratio Comparison

AVGW has a 0.99% expense ratio, which is higher than CDL's 0.35% expense ratio.

Dividends

AVGW vs. CDL - Dividend Comparison

AVGW's dividend yield for the trailing twelve months is around 63.11%, more than CDL's 3.13% yield.

PositionTTM20252024202320222021202020192018201720162015
AVGW
Roundhill AVGO WeeklyPay™ ETF		63.11%31.15%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CDL
VictoryShares US Large Cap High Dividend Volatility Wtd ETF		3.13%3.33%3.27%3.61%3.31%2.60%3.32%3.04%3.32%2.87%2.97%1.28%

Frequently Asked Questions

AVGW and CDL have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CDL is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CDL is cheaper with a 0.35% expense ratio, compared with 0.99% for AVGW.

AVGW has the higher dividend yield at 63.11%, compared with 3.13% for CDL.

AVGW is categorized as Derivative Income, while CDL is Large Cap Value Equities. They also come from different issuers: Roundhill and Crestview. Their fees differ too: 0.99% for AVGW and 0.35% for CDL.

Portfolio Optimizer

Find the right allocation for AVGW and CDL

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