CDC vs. FAI
CDC (VictoryShares US EQ Income Enhanced Volatility Wtd ETF) and FAI (First Trust Bloomberg Artificial Intelligence ETF) are both exchange-traded funds - CDC is a Low Volatility fund tracking the Nasdaq Victory U.S. Large Cap High Dividend 100 Long/Cash Volatility Weighted Index, while FAI is a Artificial Intelligence fund tracking the Bloomberg Artificial Intelligence Index. Both are passively managed. Over the past year, CDC returned 21.95% vs 46.14% for FAI. Their -0.00 correlation means they have often moved in opposite directions in the past. CDC charges 0.37%/yr vs 0.65%/yr for FAI.
Performance
CDC vs. FAI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CDC achieves a 18.09% return, which is significantly lower than FAI's 31.06% return.
CDC
- 1D
- -0.61%
- 1M
- 1.50%
- 6M
- 8.57%
- YTD
- 18.09%
- 1Y
- 21.95%
- 3Y*
- 14.24%
- 5Y*
- 6.76%
- 10Y*
- 10.34%
- ALL TIME*
- 10.04%
FAI
- 1D
- -1.05%
- 1M
- 1.90%
- 6M
- 37.79%
- YTD
- 31.06%
- 1Y
- 46.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 40.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.04M | $983.49K | $1.23M | |
| $1.72M | $2.75M | $3.66M |
CDC vs. FAI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 18.09% | 8.96% | -4.25% |
FAI First Trust Bloomberg Artificial Intelligence ETF | 31.06% | 33.37% | 2.28% |
Correlation
The correlation between CDC and FAI is -0.15, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.15 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2024 | -0.00 |
The correlation between CDC and FAI shifts across timeframes, from -0.15 (1 year) to -0.00 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CDC vs. FAI — Risk / Return Rank
CDC
FAI
CDC vs. FAI - 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 First Trust Bloomberg Artificial Intelligence ETF (FAI). 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.
| CDC | FAI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.26 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.89 | 2.46 | +1.43 |
| Martin ratioReturn relative to average drawdown | 13.68 | 6.36 | +7.32 |
Loading charts...
Drawdowns
CDC vs. FAI - Drawdown Comparison
The maximum CDC drawdown since its inception was -21.37%, smaller than the maximum FAI drawdown of -27.82%. Use the drawdown chart below to compare losses from any high point for CDC and FAI.
Loading charts...
Drawdown Indicators
| CDC | FAI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.37% | -27.82% | +6.45% |
Max Drawdown (1Y)Largest decline over 1 year | -5.67% | -18.84% | +13.17% |
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 | -1.72% | -6.91% | +5.19% |
Average DrawdownAverage peak-to-trough decline | -5.05% | -5.78% | +0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 7.27% | -5.66% |
Volatility
CDC vs. FAI - Volatility Comparison
The current volatility for VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is 3.78%, while First Trust Bloomberg Artificial Intelligence ETF (FAI) has a volatility of 10.63%. This indicates that CDC experiences smaller price fluctuations and is considered to be less risky than FAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CDC | FAI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.78% | 10.63% | -6.85% |
Volatility (6M)Calculated over the trailing 6-month period | 7.78% | 24.94% | -17.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.32% | 29.46% | -19.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.56% | 31.45% | -18.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.22% | 31.45% | -18.23% |
CDC vs. FAI - Expense Ratio Comparison
CDC has a 0.37% expense ratio, which is lower than FAI's 0.65% expense ratio.
Dividends
CDC vs. FAI - Dividend Comparison
CDC's dividend yield for the trailing twelve months is around 3.05%, while FAI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 3.05% | 3.36% | 3.32% | 4.24% | 3.48% | 2.65% | 2.48% | 3.04% | 3.37% | 2.81% | 2.99% | 3.17% |
FAI First Trust Bloomberg Artificial Intelligence ETF | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CDC and FAI have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FAI has higher volatility (10.63%) compared to CDC (3.78%). In terms of maximum drawdown, CDC dropped -21.37% vs FAI's -27.82%.
On 1-year performance, FAI leads with 46.14% vs 21.95% for CDC. On fees, CDC is cheaper at 0.37% per year. On volatility, CDC has been the lower-risk option at 3.78%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FAI has performed better with a 46.14% return vs 21.95%. 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 0.65% for FAI.
CDC has the higher dividend yield at 3.05%, compared with 0.00% for FAI.
CDC is categorized as Low Volatility, while FAI is Artificial Intelligence. CDC tracks Nasdaq Victory U.S. Large Cap High Dividend 100 Long/Cash Volatility Weighted Index, while FAI tracks Bloomberg Artificial Intelligence Index. They also come from different issuers: Crestview and First Trust. Their fees differ too: 0.37% for CDC and 0.65% for FAI.
CDC currently has the higher Sharpe Ratio (2.14 vs 1.57), 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.
Find the right allocation for CDC and FAI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer