Correlation
The correlation between CDL and SPLV is 0.70, 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.
CDL vs. SPLV
Compare and contrast key facts about VictoryShares US Large Cap High Dividend Volatility Wtd ETF (CDL) and Invesco S&P 500® Low Volatility ETF (SPLV).
CDL and SPLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CDL is a passively managed fund by Crestview that tracks the performance of the Nasdaq Victory U.S. Large Cap High Dividend 100 Volatility Weighted Index. It was launched on Jul 8, 2015. SPLV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility Index. It was launched on May 5, 2011. Both CDL and SPLV 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: CDL or SPLV.
Performance
CDL vs. SPLV - Performance Comparison
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Key characteristics
CDL:
0.76
SPLV:
1.26
CDL:
1.08
SPLV:
1.72
CDL:
1.15
SPLV:
1.24
CDL:
0.84
SPLV:
1.82
CDL:
2.70
SPLV:
5.62
CDL:
4.01%
SPLV:
2.94%
CDL:
14.67%
SPLV:
13.29%
CDL:
-41.03%
SPLV:
-36.26%
CDL:
-5.45%
SPLV:
-1.66%
Returns By Period
In the year-to-date period, CDL achieves a 1.48% return, which is significantly lower than SPLV's 5.74% return.
CDL
1.48%
1.06%
-5.45%
11.05%
5.00%
14.26%
N/A
SPLV
5.74%
1.04%
-0.97%
16.67%
6.50%
10.23%
9.31%
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CDL vs. SPLV - Expense Ratio Comparison
CDL has a 0.35% expense ratio, which is higher than SPLV's 0.25% expense ratio.
Risk-Adjusted Performance
CDL vs. SPLV — Risk-Adjusted Performance Rank
CDL
SPLV
CDL vs. SPLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares US Large Cap High Dividend Volatility Wtd ETF (CDL) and Invesco S&P 500® Low Volatility ETF (SPLV). 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.
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Dividends
CDL vs. SPLV - Dividend Comparison
CDL's dividend yield for the trailing twelve months is around 3.29%, more than SPLV's 1.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF | 3.29% | 3.27% | 3.61% | 3.31% | 2.60% | 3.32% | 3.04% | 3.32% | 2.87% | 2.97% | 1.28% | 0.00% |
SPLV Invesco S&P 500® Low Volatility ETF | 1.73% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% | 2.20% |
Drawdowns
CDL vs. SPLV - Drawdown Comparison
The maximum CDL drawdown since its inception was -41.03%, which is greater than SPLV's maximum drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for CDL and SPLV.
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Volatility
CDL vs. SPLV - Volatility Comparison
VictoryShares US Large Cap High Dividend Volatility Wtd ETF (CDL) has a higher volatility of 4.03% compared to Invesco S&P 500® Low Volatility ETF (SPLV) at 3.67%. This indicates that CDL's price experiences larger fluctuations and is considered to be riskier than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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