CDC vs. DGRO
Compare and contrast key facts about VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) and iShares Core Dividend Growth ETF (DGRO).
CDC and DGRO 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. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. Both CDC and DGRO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CDC or DGRO.
Key characteristics
| CDC | DGRO | |
|---|---|---|
| YTD Return | 19.84% | 21.31% |
| 1Y Return | 23.29% | 32.30% |
| 3Y Return (Ann) | 2.72% | 8.48% |
| 5Y Return (Ann) | 10.26% | 12.23% |
| 10Y Return (Ann) | 9.74% | 12.09% |
| Sharpe Ratio | 2.33 | 3.49 |
| Sortino Ratio | 3.27 | 4.93 |
| Omega Ratio | 1.43 | 1.66 |
| Calmar Ratio | 1.15 | 4.39 |
| Martin Ratio | 14.05 | 23.49 |
| Ulcer Index | 1.68% | 1.44% |
| Daily Std Dev | 10.14% | 9.66% |
| Max Drawdown | -21.37% | -35.10% |
| Current Drawdown | -1.91% | 0.00% |
Correlation
The correlation between CDC and DGRO is 0.87, 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.
Performance
CDC vs. DGRO - Performance Comparison
In the year-to-date period, CDC achieves a 19.84% return, which is significantly lower than DGRO's 21.31% return. Over the past 10 years, CDC has underperformed DGRO with an annualized return of 9.74%, while DGRO has yielded a comparatively higher 12.09% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. DGRO - Expense Ratio Comparison
CDC has a 0.37% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
CDC vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) and iShares Core Dividend Growth ETF (DGRO). 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.
Dividends
CDC vs. DGRO - Dividend Comparison
CDC's dividend yield for the trailing twelve months is around 3.19%, more than DGRO's 2.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 3.19% | 4.24% | 3.48% | 2.66% | 2.49% | 3.04% | 3.37% | 2.81% | 2.99% | 3.17% | 1.20% |
DGRO iShares Core Dividend Growth ETF | 2.15% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
CDC vs. DGRO - Drawdown Comparison
The maximum CDC drawdown since its inception was -21.37%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for CDC and DGRO. For additional features, visit the drawdowns tool.
Volatility
CDC vs. DGRO - Volatility Comparison
VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) has a higher volatility of 3.69% compared to iShares Core Dividend Growth ETF (DGRO) at 3.28%. This indicates that CDC's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.