IAG vs. CDC

Last updated Jun 4, 2026

IAG (IAMGOLD Corporation) is a stock, while CDC (VictoryShares US EQ Income Enhanced Volatility Wtd ETF) is Large Cap Value Equities fund tracking the Nasdaq Victory U.S. Large Cap High Dividend 100 Long/Cash Volatility Weighted Index. Over the past 10 years, IAG returned 16.17%/yr vs 10.03%/yr for CDC. At a 0.13 correlation, their price movements are largely independent.

Performance

IAG vs. CDC - Performance Comparison

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

Returns By Period

In the year-to-date period, IAG achieves a 2.06% return, which is significantly lower than CDC's 10.57% return. Over the past 10 years, IAG has outperformed CDC with an annualized return of 16.17%, while CDC has yielded a comparatively lower 10.03% annualized return.

IAG

• 1D: -3.77%
• 1M: 3.19%
• YTD: 2.06%
• 6M: 11.98%
• 1Y: 123.80%
• 3Y*: 80.96%
• 5Y*: 35.39%
• 10Y*: 16.17%

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%

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

IAG vs. CDC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IAG IAMGOLD Corporation	2.06%	219.57%	103.95%	-1.94%	-17.57%	-14.71%	-1.61%	1.36%	-36.88%	51.43%
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%

Correlation

The correlation between IAG and CDC is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.13
Correlation (All Time) Calculated using the full available price history since Jul 3, 2014	0.13

The correlation between IAG and CDC shifts across timeframes, from 0.13 (all time) to 0.24 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

IAG vs. CDC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IAG

IAG Risk / Return Rank: 84
IAG Sharpe Ratio Rank: 88
IAG Sortino Ratio Rank: 82
IAG Omega Ratio Rank: 81
IAG Calmar Ratio Rank: 85
IAG Martin Ratio Rank: 84

CDC

CDC Risk / Return Rank: 58
CDC Sharpe Ratio Rank: 54
CDC Sortino Ratio Rank: 58
CDC Omega Ratio Rank: 50
CDC Calmar Ratio Rank: 65
CDC Martin Ratio Rank: 63

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.

IAG vs. CDC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IAMGOLD Corporation (IAG) and VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC). 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.

	IAG	CDC	Difference
Sharpe ratio: Return per unit of total volatility	2.06	1.87	+0.19
Sortino ratio: Return per unit of downside risk	2.46	2.78	-0.32
Omega ratio: Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio: Return relative to maximum drawdown	3.60	3.22	+0.38
Martin ratio: Return relative to average drawdown	8.46	11.37	-2.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IAG vs. CDC - Sharpe Ratio Comparison

The current IAG Sharpe Ratio is 2.06, which is comparable to the CDC Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of IAG and CDC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IAG	CDC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	1.87	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.41	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.76	-0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.74	-0.64

Drawdowns

IAG vs. CDC - Drawdown Comparison

The maximum IAG drawdown since its inception was -95.55%, which is greater than CDC's maximum drawdown of -21.37%. Use the drawdown chart below to compare losses from any high point for IAG and CDC.

Drawdown Indicators

	IAG	CDC	Difference
Max Drawdown Largest peak-to-trough decline	-95.55%	-21.37%	-74.18%
Max Drawdown (1Y) Largest decline over 1 year	-34.60%	-5.67%	-28.93%
Max Drawdown (3Y) Largest decline over 3 years	-34.60%	-12.70%	-21.90%
Max Drawdown (5Y) Largest decline over 5 years	-74.25%	-21.37%	-52.88%
Max Drawdown (10Y) Largest decline over 10 years	-86.46%	-21.37%	-65.09%
Current Drawdown Current decline from peak	-31.50%	-2.20%	-29.30%
Average Drawdown Average peak-to-trough decline	-56.22%	-5.09%	-51.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.70%	1.60%	+13.10%

Volatility

IAG vs. CDC - Volatility Comparison

IAMGOLD Corporation (IAG) has a higher volatility of 19.64% compared to VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) at 2.66%. This indicates that IAG's price experiences larger fluctuations and is considered to be riskier than CDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IAG	CDC	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.64%	2.66%	+16.98%
Volatility (6M) Calculated over the trailing 6-month period	47.15%	6.84%	+40.31%
Volatility (1Y) Calculated over the trailing 1-year period	60.49%	9.77%	+50.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.24%	12.54%	+47.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.52%	13.21%	+45.31%

Dividends

IAG vs. CDC - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
IAG IAMGOLD Corporation	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

Can I hold both IAG and CDC in my portfolio?

IAG and CDC have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IAG or CDC?

IAG has higher volatility (19.64%) compared to CDC (2.66%). In terms of maximum drawdown, IAG dropped -95.55% vs CDC's -21.37%.

Which has better risk-adjusted returns?

IAG currently has the higher Sharpe Ratio (2.06 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.