LGLV vs. CIL

Last updated Aug 2, 2026

LGLV (SPDR SSGA US Large Cap Low Volatility Index ETF) and CIL (VictoryShares International Volatility Wtd ETF) are both exchange-traded funds - LGLV is a Low Volatility fund tracking the State Street U.S. Large Cap Low Volatility Index, while CIL is a Foreign Large Cap Equities fund tracking the Nasdaq Victory International 500 Volatility Weighted Index. Both are passively managed. Over the past 10 years, LGLV returned 11.19%/yr vs 8.18%/yr for CIL. Their 0.50 correlation means they have sometimes moved together and sometimes differently. LGLV charges 0.12%/yr vs 0.45%/yr for CIL.

Performance

LGLV vs. CIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) and VictoryShares International Volatility Wtd ETF (CIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LGLV achieves a 7.61% return, which is significantly higher than CIL's 5.44% return. Over the past 10 years, LGLV has outperformed CIL with an annualized return of 11.19%, while CIL has yielded a comparatively lower 8.18% annualized return.

LGLV

• 1D: 0.02%
• 1M: 0.47%
• 6M: 3.70%
• YTD: 7.61%
• 1Y: 10.51%
• 3Y*: 11.84%
• 5Y*: 8.32%
• 10Y*: 11.19%
• ALL TIME*: 11.95%

CIL

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 5.44%
• 1Y: 16.21%
• 3Y*: 14.57%
• 5Y*: 7.36%
• 10Y*: 8.18%
• ALL TIME*: 7.33%

*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)
CIL VictoryShares International Volatility Wtd ETF	$0.00	$0.00	$0.00
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF	$5.56M	$4.60M	$5.45M

LGLV vs. CIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF	7.61%	8.37%	16.22%	9.19%	-8.17%	27.95%	7.42%	30.83%	0.32%	17.84%
CIL VictoryShares International Volatility Wtd ETF	5.44%	32.99%	3.76%	16.29%	-16.00%	11.07%	7.21%	19.13%	-13.34%	27.67%

Correlation

The correlation between LGLV and CIL is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (3Y) Balances recent behavior with more history.	0.52
Correlation (5Y) Shows whether the relationship held over a longer period.	0.52
Correlation (10Y) Provides a long-term view across more market conditions.	0.51
Correlation (All Time) Calculated using the full available price history since Aug 20, 2015	0.50

The correlation between LGLV and CIL shifts across timeframes, from 0.35 (1 year) to 0.52 (3 years), reflecting how their relationship changes across market environments.

LGLV vs. CIL - Sectors Allocation Comparison

Sectors	LGLV	CIL
Industrials	18.7%	18.4%
Real Estate	17.8%	2.2%
Utilities	11.8%	6.6%
Financial Services	10.0%	24.8%
Consumer Cyclical	9.1%	8.2%
Technology	9.0%	6.4%
Healthcare	7.3%	7.7%
Consumer Defensive	5.6%	8.8%
Communication Services	3.9%	5.8%
Energy	3.5%	4.6%
Basic Materials	3.4%	6.6%

Return for Risk

LGLV vs. CIL — Risk / Return Rank

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

LGLV

LGLV Risk / Return Rank: 39
LGLV Sharpe Ratio Rank: 40
LGLV Sortino Ratio Rank: 41
LGLV Omega Ratio Rank: 37
LGLV Calmar Ratio Rank: 42
LGLV Martin Ratio Rank: 35

CIL

CIL Risk / Return Rank: 93
CIL Sharpe Ratio Rank: 93
CIL Sortino Ratio Rank: 94
CIL Omega Ratio Rank: 96
CIL Calmar Ratio Rank: 89
CIL Martin Ratio Rank: 94

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.

LGLV vs. CIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) and VictoryShares International Volatility Wtd ETF (CIL). 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.

	LGLV	CIL	Difference
Sharpe ratio: Return per unit of total volatility	0.99	2.51	-1.51
Sortino ratio: Return per unit of downside risk	1.53	3.80	-2.28
Omega ratio: Gain probability vs. loss probability	1.17	1.67	-0.49
Calmar ratio: Return relative to maximum drawdown	1.47	3.69	-2.21
Martin ratio: Return relative to average drawdown	3.41	18.41	-15.00

LGLV vs. CIL - Sharpe Ratio Comparison

The current LGLV Sharpe Ratio is 0.99, which is lower than the CIL Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of LGLV and CIL, 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

LGLV vs. CIL - Drawdown Comparison

The maximum LGLV drawdown since its inception was -36.64%, roughly equal to the maximum CIL drawdown of -36.27%. Use the drawdown chart below to compare losses from any high point for LGLV and CIL.

Drawdown Indicators

	LGLV	CIL	Difference
Max Drawdown Largest peak-to-trough decline	-36.64%	-36.27%	-0.37%
Max Drawdown (1Y) Largest decline over 1 year	-6.86%	-4.60%	-2.26%
Max Drawdown (3Y) Largest decline over 3 years	-10.17%	-11.29%	+1.12%
Max Drawdown (5Y) Largest decline over 5 years	-17.49%	-29.89%	+12.40%
Max Drawdown (10Y) Largest decline over 10 years	-36.64%	-36.27%	-0.37%
Current Drawdown Current decline from peak	-2.14%	-0.58%	-1.56%
Average Drawdown Average peak-to-trough decline	-3.21%	-6.47%	+3.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	1.03%	+1.92%

Volatility

LGLV vs. CIL - Volatility Comparison

SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) has a higher volatility of 4.53% compared to VictoryShares International Volatility Wtd ETF (CIL) at 0.00%. This indicates that LGLV's price experiences larger fluctuations and is considered to be riskier than CIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGLV	CIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	0.00%	+4.53%
Volatility (6M) Calculated over the trailing 6-month period	7.99%	2.31%	+5.68%
Volatility (1Y) Calculated over the trailing 1-year period	10.16%	6.80%	+3.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.03%	16.39%	-3.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.09%	16.74%	-0.65%

LGLV vs. CIL - Expense Ratio Comparison

LGLV has a 0.12% expense ratio, which is lower than CIL's 0.45% expense ratio.

Dividends

LGLV vs. CIL - Dividend Comparison

LGLV's dividend yield for the trailing twelve months is around 1.99%, more than CIL's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIL VictoryShares International Volatility Wtd ETF	1.05%	2.70%	3.46%	2.91%	2.41%	3.04%	1.73%	2.69%	2.85%	2.17%	2.34%	0.43%
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF	1.99%	1.94%	1.93%	2.03%	1.95%	1.65%	1.98%	1.89%	2.09%	4.39%	2.54%	2.97%

Frequently Asked Questions

Can I hold both LGLV and CIL in my portfolio?

LGLV and CIL have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LGLV or CIL?

LGLV has higher volatility (4.53%) compared to CIL (0.00%). In terms of maximum drawdown, LGLV dropped -36.64% vs CIL's -36.27%.

Which ETF is better, LGLV or CIL?

On 10-year performance, LGLV leads with 11.19% vs 8.18% for CIL. On fees, LGLV is cheaper at 0.12% per year. On volatility, CIL has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LGLV or CIL?

Over the 10-year period, LGLV has performed better with a 11.19% return vs 8.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LGLV or CIL?

LGLV is cheaper with a 0.12% expense ratio, compared with 0.45% for CIL.

Which ETF pays a higher dividend yield, LGLV or CIL?

LGLV has the higher dividend yield at 1.99%, compared with 1.05% for CIL.

What is the main difference between LGLV and CIL?

LGLV is categorized as Low Volatility, while CIL is Foreign Large Cap Equities. LGLV tracks State Street U.S. Large Cap Low Volatility Index, while CIL tracks Nasdaq Victory International 500 Volatility Weighted Index. They also come from different issuers: State Street and Crestview. Their fees differ too: 0.12% for LGLV and 0.45% for CIL.

Which has better risk-adjusted returns?

CIL currently has the higher Sharpe Ratio (2.51 vs 0.99), 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.