CDC vs. DFRA
Compare and contrast key facts about VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) and Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA).
CDC and DFRA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CDC is a passively managed fund by Crestview that tracks the performance of the Nasdaq Victory U.S. Large Cap High Dividend 100 Long/Cash Volatility Weighted Index. It was launched on Jul 2, 2014. DFRA is a passively managed fund by Donoghue Forlines that tracks the performance of the FCF Yield Enhanced Real Asset Index - Benchmark TR Net. It was launched on Dec 13, 2021. Both CDC and DFRA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
CDC vs. DFRA - Performance Comparison
Loading graphics...
CDC vs. DFRA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 9.03% | 8.96% | 14.48% | -4.99% | -7.86% | 3.20% |
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF | 9.02% | 6.64% | 7.05% | 18.89% | 7.42% | 3.86% |
Returns By Period
The year-to-date returns for both stocks are quite close, with CDC having a 9.03% return and DFRA slightly lower at 9.02%.
CDC
- 1D
- 0.77%
- 1M
- -2.88%
- YTD
- 9.03%
- 6M
- 8.89%
- 1Y
- 12.52%
- 3Y*
- 9.63%
- 5Y*
- 6.27%
- 10Y*
- 10.00%
DFRA
- 1D
- 2.85%
- 1M
- -6.73%
- YTD
- 9.02%
- 6M
- 10.21%
- 1Y
- 14.65%
- 3Y*
- 13.41%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CDC vs. DFRA - Expense Ratio Comparison
CDC has a 0.37% expense ratio, which is lower than DFRA's 0.69% expense ratio.
Return for Risk
CDC vs. DFRA — Risk / Return Rank
CDC
DFRA
CDC vs. DFRA - 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 Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA). 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 | DFRA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 0.80 | +0.13 |
Sortino ratioReturn per unit of downside risk | 1.33 | 1.18 | +0.14 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.17 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.23 | 1.03 | +0.20 |
Martin ratioReturn relative to average drawdown | 4.90 | 4.19 | +0.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CDC | DFRA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 0.80 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | — | — |
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 | 0.71 | +0.04 |
Correlation
The correlation between CDC and DFRA is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
CDC vs. DFRA - Dividend Comparison
CDC's dividend yield for the trailing twelve months is around 3.19%, less than DFRA's 4.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 3.19% | 3.36% | 3.32% | 4.24% | 3.48% | 2.65% | 2.48% | 3.04% | 3.37% | 2.81% | 2.99% | 3.17% |
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF | 4.18% | 2.86% | 10.13% | 4.70% | 8.40% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CDC vs. DFRA - Drawdown Comparison
The maximum CDC drawdown since its inception was -21.37%, which is greater than DFRA's maximum drawdown of -19.35%. Use the drawdown chart below to compare losses from any high point for CDC and DFRA.
Loading graphics...
Drawdown Indicators
| CDC | DFRA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.37% | -19.35% | -2.02% |
Max Drawdown (1Y)Largest decline over 1 year | -11.27% | -14.67% | +3.40% |
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 | -3.07% | -6.95% | +3.88% |
Average DrawdownAverage peak-to-trough decline | -5.14% | -3.91% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 3.61% | -0.77% |
Volatility
CDC vs. DFRA - Volatility Comparison
The current volatility for VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is 2.97%, while Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA) has a volatility of 7.45%. This indicates that CDC experiences smaller price fluctuations and is considered to be less risky than DFRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CDC | DFRA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 7.45% | -4.48% |
Volatility (6M)Calculated over the trailing 6-month period | 7.03% | 11.80% | -4.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.63% | 18.51% | -4.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.56% | 17.58% | -5.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.22% | 17.58% | -4.36% |