CDC vs. AVGG
CDC (VictoryShares US EQ Income Enhanced Volatility Wtd ETF) and AVGG (Leverage Shares 2X Long AVGO Daily ETF) are both exchange-traded funds - CDC is a Large Cap Value Equities fund tracking the Nasdaq Victory U.S. Large Cap High Dividend 100 Long/Cash Volatility Weighted Index, while AVGG is a Leveraged Equities fund actively managed by Leverage Shares. CDC is passively managed, while AVGG is actively managed. Over the past year, CDC returned 18.16% vs 161.88% for AVGG. At a correlation of -0.07, they often move in opposite directions. CDC charges 0.37%/yr vs 0.76%/yr for AVGG.
Performance
CDC vs. AVGG - Performance Comparison
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Returns By Period
In the year-to-date period, CDC achieves a 10.57% return, which is significantly lower than AVGG's 71.17% return.
CDC
- 1D
- -0.57%
- 1M
- -0.39%
- YTD
- 10.57%
- 6M
- 10.29%
- 1Y
- 18.16%
- 3Y*
- 11.97%
- 5Y*
- 5.08%
- 10Y*
- 10.03%
AVGG
- 1D
- -0.88%
- 1M
- 29.67%
- YTD
- 71.17%
- 6M
- 37.06%
- 1Y
- 161.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CDC vs. AVGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 10.57% | 5.85% |
AVGG Leverage Shares 2X Long AVGO Daily ETF | 71.17% | 91.29% |
Correlation
The correlation between CDC and AVGG is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since May 19, 2025 | -0.07 |
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Return for Risk
CDC vs. AVGG — Risk / Return Rank
CDC
AVGG
CDC vs. AVGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) and Leverage Shares 2X Long AVGO Daily ETF (AVGG). 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.
| CDC | AVGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.31 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | 3.03 | +0.19 |
| Martin ratioReturn relative to average drawdown | 11.37 | 6.75 | +4.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CDC | AVGG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | 1.90 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 2.52 | -1.77 |
Drawdowns
CDC vs. AVGG - Drawdown Comparison
The maximum CDC drawdown since its inception was -21.37%, smaller than the maximum AVGG drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for CDC and AVGG.
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Drawdown Indicators
| CDC | AVGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.37% | -53.77% | +32.40% |
Max Drawdown (1Y)Largest decline over 1 year | -5.67% | -53.77% | +48.10% |
Max Drawdown (3Y)Largest decline over 3 years | -12.70% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.37% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -21.37% | — | — |
Current DrawdownCurrent decline from peak | -2.20% | -0.88% | -1.32% |
Average DrawdownAverage peak-to-trough decline | -5.09% | -17.71% | +12.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 24.09% | -22.49% |
Volatility
CDC vs. AVGG - Volatility Comparison
The current volatility for VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is 2.66%, while Leverage Shares 2X Long AVGO Daily ETF (AVGG) has a volatility of 23.84%. This indicates that CDC experiences smaller price fluctuations and is considered to be less risky than AVGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CDC | AVGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 23.84% | -21.18% |
Volatility (6M)Calculated over the trailing 6-month period | 6.84% | 61.82% | -54.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.77% | 86.10% | -76.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.54% | 84.79% | -72.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.21% | 84.79% | -71.58% |
CDC vs. AVGG - Expense Ratio Comparison
CDC has a 0.37% expense ratio, which is lower than AVGG's 0.76% expense ratio.
Dividends
CDC vs. AVGG - Dividend Comparison
CDC's dividend yield for the trailing twelve months is around 3.18%, more than AVGG's 1.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGG Leverage Shares 2X Long AVGO Daily ETF | 1.32% | 2.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 3.18% | 3.36% | 3.32% | 4.24% | 3.48% | 2.65% | 2.48% | 3.04% | 3.37% | 2.81% | 2.99% | 3.17% |
Frequently Asked Questions
CDC and AVGG have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGG has higher volatility (23.84%) compared to CDC (2.66%). In terms of maximum drawdown, CDC dropped -21.37% vs AVGG's -53.77%.
On 1-year performance, AVGG leads with 161.88% vs 18.16% for CDC. On fees, CDC is cheaper at 0.37% per year. On volatility, CDC has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AVGG has performed better with a 161.88% return vs 18.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CDC is cheaper with a 0.37% expense ratio, compared with 0.76% for AVGG.
CDC has the higher dividend yield at 3.18%, compared with 1.32% for AVGG.
CDC is categorized as Large Cap Value Equities, while AVGG is Leveraged Equities. They also come from different issuers: Crestview and Leverage Shares. Their fees differ too: 0.37% for CDC and 0.76% for AVGG.
AVGG currently has the higher Sharpe Ratio (1.90 vs 1.87), 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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