PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CDC vs. YCS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CDC vs. YCS

Last updated Jun 4, 2026

CDC (VictoryShares US EQ Income Enhanced Volatility Wtd ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - CDC is a Large Cap Value Equities fund tracking the Nasdaq Victory U.S. Large Cap High Dividend 100 Long/Cash Volatility Weighted Index, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). Both are passively managed. Over the past 10 years, CDC returned 10.03%/yr vs 12.34%/yr for YCS. At a 0.11 correlation, their price movements are largely independent. CDC charges 0.37%/yr vs 1.00%/yr for YCS.

Performance

CDC vs. YCS - 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 ProShares UltraShort Yen (YCS). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, CDC achieves a 10.57% return, which is significantly higher than YCS's 7.17% return. Over the past 10 years, CDC has underperformed YCS with an annualized return of 10.03%, while YCS has yielded a comparatively higher 12.34% annualized return.

CDC

1D
-0.57%
1M
-0.39%
YTD
10.57%
6M
10.29%
1Y
18.16%
3Y*
11.97%
5Y*
5.08%
10Y*
10.03%

YCS

1D
0.17%
1M
4.42%
YTD
7.17%
6M
10.05%
1Y
32.82%
3Y*
19.84%
5Y*
23.54%
10Y*
12.34%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CDC vs. YCS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CDC
VictoryShares US EQ Income Enhanced Volatility Wtd ETF		10.57%8.96%14.48%-4.99%-7.86%33.05%12.88%19.64%-5.97%15.77%
YCS
ProShares UltraShort Yen		7.17%9.04%35.41%28.70%29.09%22.38%-11.18%3.37%-1.49%-6.57%

Correlation

The correlation between CDC and YCS is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.23

Correlation (3Y)
Calculated over the trailing 3-year period

-0.13

Correlation (5Y)
Calculated over the trailing 5-year period

-0.08

Correlation (10Y)
Calculated over the trailing 10-year period

0.07

Correlation (All Time)
Calculated using the full available price history since Jul 3, 2014

0.11

The correlation between CDC and YCS shifts across timeframes, from -0.23 (1 year) to 0.11 (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.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF

ProShares UltraShort Yen

Often compared with CDC:
CDC vs. SCHDCDC vs. FNDBCDC vs. VSDACDC vs. VOOCDC vs. JEPICDC vs. DIACDC vs. JNK
Often compared with YCS:
YCS vs. YCLYCS vs. JPYUSD=XYCS vs. PFIXYCS vs. TBTYCS vs. UUPYCS vs. BCSFYCS vs. SPY

Return for Risk

CDC vs. YCS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CDC
CDC Risk / Return Rank: 5858
Overall Rank
CDC Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
CDC Sortino Ratio Rank: 5858
Sortino Ratio Rank
CDC Omega Ratio Rank: 5050
Omega Ratio Rank
CDC Calmar Ratio Rank: 6565
Calmar Ratio Rank
CDC Martin Ratio Rank: 6363
Martin Ratio Rank
YCS
YCS Risk / Return Rank: 6161
Overall Rank
YCS Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
YCS Sortino Ratio Rank: 4949
Sortino Ratio Rank
YCS Omega Ratio Rank: 5656
Omega Ratio Rank
YCS Calmar Ratio Rank: 7878
Calmar Ratio Rank
YCS Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CDC vs. YCS - 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 ProShares UltraShort Yen (YCS). 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.

CDCYCSDifference
Sharpe ratioReturn per unit of total volatility
1.87
1.92

-0.05

Sortino ratioReturn per unit of downside risk
2.78
2.44

+0.34

Omega ratioGain probability vs. loss probability

1.32

1.35

-0.03

Calmar ratioReturn relative to maximum drawdown

3.22

3.97

-0.75

Martin ratioReturn relative to average drawdown

11.37

12.40

-1.03

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CDC vs. YCS - Sharpe Ratio Comparison

The current CDC Sharpe Ratio is 1.87, which is comparable to the YCS Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of CDC and YCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

CDCYCSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.87

1.92

-0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.41

1.12

-0.72

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.76

0.65

+0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.74

0.33

+0.41

Drawdowns

CDC vs. YCS - Drawdown Comparison

The maximum CDC drawdown since its inception was -21.37%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for CDC and YCS.

Loading charts...

Drawdown Indicators

CDCYCSDifference

Max Drawdown

Largest peak-to-trough decline

-21.37%

-49.56%

+28.19%

Max Drawdown (1Y)

Largest decline over 1 year

-5.67%

-8.30%

+2.63%

Max Drawdown (3Y)

Largest decline over 3 years

-12.70%

-23.05%

+10.35%

Max Drawdown (5Y)

Largest decline over 5 years

-21.37%

-27.32%

+5.95%

Max Drawdown (10Y)

Largest decline over 10 years

-21.37%

-27.32%

+5.95%

Current Drawdown

Current decline from peak

-2.20%

0.00%

-2.20%

Average Drawdown

Average peak-to-trough decline

-5.09%

-19.93%

+14.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.60%

2.66%

-1.06%

Volatility

CDC vs. YCS - Volatility Comparison

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) and ProShares UltraShort Yen (YCS) have volatilities of 2.66% and 2.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CDCYCSDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.66%

2.75%

-0.09%

Volatility (6M)

Calculated over the trailing 6-month period

6.84%

12.32%

-5.48%

Volatility (1Y)

Calculated over the trailing 1-year period

9.77%

17.27%

-7.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.54%

21.10%

-8.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.21%

19.01%

-5.80%

CDC vs. YCS - Expense Ratio Comparison

CDC has a 0.37% expense ratio, which is lower than YCS's 1.00% expense ratio.

Dividends

CDC vs. YCS - Dividend Comparison

CDC's dividend yield for the trailing twelve months is around 3.18%, while YCS has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
CDC
VictoryShares US EQ Income Enhanced Volatility Wtd ETF		3.18%3.36%3.32%4.24%3.48%2.65%2.48%3.04%3.37%2.81%2.99%3.17%
YCS
ProShares UltraShort Yen		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

CDC and YCS have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

YCS has higher volatility (2.75%) compared to CDC (2.66%). In terms of maximum drawdown, CDC dropped -21.37% vs YCS's -49.56%.

On 10-year performance, YCS leads with 12.34% vs 10.03% for CDC. On fees, CDC is cheaper at 0.37% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, YCS has performed better with a 12.34% return vs 10.03%. 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 1.00% for YCS.

CDC has the higher dividend yield at 3.18%, compared with 0.00% for YCS.

CDC is categorized as Large Cap Value Equities, while YCS is Leveraged Currency. CDC tracks Nasdaq Victory U.S. Large Cap High Dividend 100 Long/Cash Volatility Weighted Index, while YCS tracks USD/JPY Exchange Rate (-200%). They also come from different issuers: Crestview and ProShares. Their fees differ too: 0.37% for CDC and 1.00% for YCS.

YCS currently has the higher Sharpe Ratio (1.92 vs 1.87), 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.

Portfolio Optimizer

Find the right allocation for CDC and YCS

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