PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
CDC vs. JNK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CDCJNK
YTD Return5.38%1.79%
1Y Return4.72%13.11%
3Y Return (Ann)1.64%1.36%
5Y Return (Ann)9.42%3.12%
Sharpe Ratio0.642.07
Daily Std Dev7.78%6.34%
Max Drawdown-21.37%-38.48%
Current Drawdown-13.74%0.00%

Correlation

0.59
-1.001.00

The correlation between CDC and JNK is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

CDC vs. JNK - Performance Comparison

In the year-to-date period, CDC achieves a 5.38% return, which is significantly higher than JNK's 1.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


20.00%40.00%60.00%80.00%100.00%120.00%140.00%OctoberNovemberDecember2024FebruaryMarch
130.94%
32.28%
CDC
JNK

Compare stocks, funds, or ETFs


VictoryShares US EQ Income Enhanced Volatility Wtd ETF

SPDR Barclays High Yield Bond ETF

CDC vs. JNK - Expense Ratio Comparison

CDC has a 0.37% expense ratio, which is lower than JNK's 0.40% expense ratio.

JNK
SPDR Barclays High Yield Bond ETF
0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

CDC vs. JNK - 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 SPDR Barclays High Yield Bond ETF (JNK). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
CDC
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
0.64
JNK
SPDR Barclays High Yield Bond ETF
2.07

CDC vs. JNK - Sharpe Ratio Comparison

The current CDC Sharpe Ratio is 0.64, which is lower than the JNK Sharpe Ratio of 2.07. The chart below compares the 12-month rolling Sharpe Ratio of CDC and JNK.


Rolling 12-month Sharpe Ratio-1.000.001.002.00OctoberNovemberDecember2024FebruaryMarch
0.64
2.07
CDC
JNK

Dividends

CDC vs. JNK - Dividend Comparison

CDC's dividend yield for the trailing twelve months is around 4.32%, less than JNK's 6.42% yield.


TTM20232022202120202019201820172016201520142013
CDC
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
4.32%4.24%3.48%2.65%2.48%3.04%3.37%2.81%2.99%3.17%1.20%0.00%
JNK
SPDR Barclays High Yield Bond ETF
6.42%6.38%6.06%4.27%5.11%5.44%5.90%5.60%6.06%6.59%5.99%6.05%

Drawdowns

CDC vs. JNK - Drawdown Comparison

The maximum CDC drawdown since its inception was -21.37%, smaller than the maximum JNK drawdown of -38.48%. The drawdown chart below compares losses from any high point along the way for CDC and JNK


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-13.74%
0
CDC
JNK

Volatility

CDC vs. JNK - Volatility Comparison

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) has a higher volatility of 2.70% compared to SPDR Barclays High Yield Bond ETF (JNK) at 1.05%. This indicates that CDC's price experiences larger fluctuations and is considered to be riskier than JNK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%3.00%3.50%4.00%OctoberNovemberDecember2024FebruaryMarch
2.70%
1.05%
CDC
JNK