CDC vs. SCHD
Compare and contrast key facts about VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) and Schwab US Dividend Equity ETF (SCHD).
CDC and SCHD 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. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011. Both CDC and SCHD 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 SCHD.
Key characteristics
| CDC | SCHD | |
|---|---|---|
| YTD Return | 19.84% | 18.08% |
| 1Y Return | 23.29% | 30.78% |
| 3Y Return (Ann) | 2.72% | 7.17% |
| 5Y Return (Ann) | 10.26% | 13.03% |
| 10Y Return (Ann) | 9.74% | 11.72% |
| Sharpe Ratio | 2.33 | 2.85 |
| Sortino Ratio | 3.27 | 4.10 |
| Omega Ratio | 1.43 | 1.51 |
| Calmar Ratio | 1.15 | 3.16 |
| Martin Ratio | 14.05 | 15.75 |
| Ulcer Index | 1.68% | 2.04% |
| Daily Std Dev | 10.14% | 11.24% |
| Max Drawdown | -21.37% | -33.37% |
| Current Drawdown | -1.91% | 0.00% |
Correlation
The correlation between CDC and SCHD is 0.89, 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. SCHD - Performance Comparison
In the year-to-date period, CDC achieves a 19.84% return, which is significantly higher than SCHD's 18.08% return. Over the past 10 years, CDC has underperformed SCHD with an annualized return of 9.74%, while SCHD has yielded a comparatively higher 11.72% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CDC vs. SCHD - Expense Ratio Comparison
CDC has a 0.37% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
CDC vs. SCHD - 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 Schwab US Dividend Equity ETF (SCHD). 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. SCHD - Dividend Comparison
CDC's dividend yield for the trailing twelve months is around 3.19%, less than SCHD's 3.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.35% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
CDC vs. SCHD - Drawdown Comparison
The maximum CDC drawdown since its inception was -21.37%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for CDC and SCHD. For additional features, visit the drawdowns tool.
Volatility
CDC vs. SCHD - Volatility Comparison
VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) has a higher volatility of 3.69% compared to Schwab US Dividend Equity ETF (SCHD) at 3.41%. This indicates that CDC's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.