CDC vs. TRFK

Last updated Aug 6, 2026

CDC (VictoryShares US EQ Income Enhanced Volatility Wtd ETF) and TRFK (Pacer Data and Digital Revolution 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 TRFK is a Technology Equities fund tracking the Pacer Data Transmission and Communication Revolution Index - Benchmark TR Net. Both are passively managed. Over the past 3 years, CDC returned 14.24%/yr vs 45.21%/yr for TRFK. Their 0.23 correlation means their historical movements had little consistent relationship. CDC charges 0.37%/yr vs 0.60%/yr for TRFK.

Performance

CDC vs. TRFK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) and Pacer Data and Digital Revolution ETF (TRFK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CDC achieves a 18.09% return, which is significantly lower than TRFK's 49.17% 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%

TRFK

• 1D: -1.17%
• 1M: -4.50%
• 6M: 53.88%
• YTD: 49.17%
• 1Y: 55.98%
• 3Y*: 45.21%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 38.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF	$1.04M	$983.49K	$1.23M
TRFK Pacer Data and Digital Revolution ETF	$17.66M	$18.24M	$19.65M

CDC vs. TRFK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF	18.09%	8.96%	14.48%	-4.99%	-10.29%
TRFK Pacer Data and Digital Revolution ETF	49.17%	26.81%	38.30%	66.63%	-10.61%

Correlation

The correlation between CDC and TRFK is -0.16, 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.	-0.16
Correlation (3Y) Balances recent behavior with more history.	0.07
Correlation (All Time) Calculated using the full available price history since Jun 9, 2022	0.23

The correlation between CDC and TRFK shifts across timeframes, from -0.16 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

CDC vs. TRFK - Sectors Allocation Comparison

Sectors	CDC	TRFK
Utilities	24.3%	-
Financial Services	24.1%	-
Consumer Defensive	15.7%	-
Energy	8.6%	-
Healthcare	7.2%	-
Consumer Cyclical	7.0%	-
Technology	6.9%	87.4%
Communication Services	3.9%	0.6%
Industrials	2.3%	12.0%
Basic Materials	0.6%	0.9%
Real Estate	0.0%	0.0%

Return for Risk

CDC vs. TRFK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CDC

CDC Risk / Return Rank: 84
CDC Sharpe Ratio Rank: 83
CDC Sortino Ratio Rank: 86
CDC Omega Ratio Rank: 77
CDC Calmar Ratio Rank: 88
CDC Martin Ratio Rank: 86

TRFK

TRFK Risk / Return Rank: 50
TRFK Sharpe Ratio Rank: 54
TRFK Sortino Ratio Rank: 50
TRFK Omega Ratio Rank: 50
TRFK Calmar Ratio Rank: 53
TRFK Martin Ratio Rank: 45

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CDC vs. TRFK - 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 Pacer Data and Digital Revolution ETF (TRFK). 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	TRFK	Difference
Sharpe ratio: Return per unit of total volatility	2.14	1.51	+0.62
Sortino ratio: Return per unit of downside risk	3.17	2.04	+1.13
Omega ratio: Gain probability vs. loss probability	1.36	1.26	+0.10
Calmar ratio: Return relative to maximum drawdown	3.89	2.15	+1.74
Martin ratio: Return relative to average drawdown	13.68	5.74	+7.94

CDC vs. TRFK - Sharpe Ratio Comparison

The current CDC Sharpe Ratio is 2.14, which is higher than the TRFK Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of CDC and TRFK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CDC vs. TRFK - Drawdown Comparison

The maximum CDC drawdown since its inception was -21.37%, smaller than the maximum TRFK drawdown of -29.06%. Use the drawdown chart below to compare losses from any high point for CDC and TRFK.

Drawdown Indicators

	CDC	TRFK	Difference
Max Drawdown Largest peak-to-trough decline	-21.37%	-29.06%	+7.69%
Max Drawdown (1Y) Largest decline over 1 year	-5.67%	-26.17%	+20.50%
Max Drawdown (3Y) Largest decline over 3 years	-12.70%	-29.06%	+16.36%
Max Drawdown (5Y) Largest decline over 5 years	-21.37%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-21.37%	—	—
Current Drawdown Current decline from peak	-1.72%	-14.04%	+12.32%
Average Drawdown Average peak-to-trough decline	-5.05%	-6.27%	+1.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	9.78%	-8.17%

Volatility

CDC vs. TRFK - Volatility Comparison

The current volatility for VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is 3.78%, while Pacer Data and Digital Revolution ETF (TRFK) has a volatility of 16.86%. This indicates that CDC experiences smaller price fluctuations and is considered to be less risky than TRFK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CDC	TRFK	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	16.86%	-13.08%
Volatility (6M) Calculated over the trailing 6-month period	7.78%	32.55%	-24.77%
Volatility (1Y) Calculated over the trailing 1-year period	10.32%	37.19%	-26.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.56%	31.02%	-18.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.22%	31.02%	-17.80%

CDC vs. TRFK - Expense Ratio Comparison

CDC has a 0.37% expense ratio, which is lower than TRFK's 0.60% expense ratio.

Dividends

CDC vs. TRFK - Dividend Comparison

CDC's dividend yield for the trailing twelve months is around 3.05%, more than TRFK's 0.01% yield.

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%
TRFK Pacer Data and Digital Revolution ETF	0.01%	0.01%	0.40%	0.20%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CDC and TRFK in my portfolio?

CDC and TRFK have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CDC or TRFK?

TRFK has higher volatility (16.86%) compared to CDC (3.78%). In terms of maximum drawdown, CDC dropped -21.37% vs TRFK's -29.06%.

Which ETF is better, CDC or TRFK?

On 3-year performance, TRFK leads with 45.21% vs 14.24% 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.

Which ETF has performed better, CDC or TRFK?

Over the 3-year period, TRFK has performed better with a 45.21% return vs 14.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CDC or TRFK?

CDC is cheaper with a 0.37% expense ratio, compared with 0.60% for TRFK.

Which ETF pays a higher dividend yield, CDC or TRFK?

CDC has the higher dividend yield at 3.05%, compared with 0.01% for TRFK.

What is the main difference between CDC and TRFK?

CDC is categorized as Low Volatility, while TRFK is Technology Equities. CDC tracks Nasdaq Victory U.S. Large Cap High Dividend 100 Long/Cash Volatility Weighted Index, while TRFK tracks Pacer Data Transmission and Communication Revolution Index - Benchmark TR Net. They also come from different issuers: Crestview and Pacer. Their fees differ too: 0.37% for CDC and 0.60% for TRFK.

Which has better risk-adjusted returns?

CDC currently has the higher Sharpe Ratio (2.14 vs 1.51), 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.