QQXL vs. CDC
QQXL (ProShares Ultra QQQ Top 30) and CDC (VictoryShares US EQ Income Enhanced Volatility Wtd ETF) are both exchange-traded funds - QQXL is a Leveraged Equities fund actively managed by ProShares, while CDC is a Large Cap Value Equities fund tracking the Nasdaq Victory U.S. Large Cap High Dividend 100 Long/Cash Volatility Weighted Index. QQXL is actively managed, while CDC is passively managed. At a correlation of -0.07, they often move in opposite directions. QQXL charges 0.95%/yr vs 0.37%/yr for CDC.
Performance
QQXL vs. CDC - Performance Comparison
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Returns By Period
In the year-to-date period, QQXL achieves a 34.15% return, which is significantly higher than CDC's 16.93% return.
QQXL
- 1D
- 1.07%
- 1M
- 0.79%
- 6M
- 29.62%
- YTD
- 34.15%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CDC
- 1D
- 0.78%
- 1M
- 2.09%
- 6M
- 14.60%
- YTD
- 16.93%
- 1Y
- 20.81%
- 3Y*
- 13.58%
- 5Y*
- 6.80%
- 10Y*
- 10.27%
QQXL vs. CDC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | 34.15% | 9.00% |
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 16.93% | 1.71% |
Correlation
The correlation between QQXL and CDC is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 15, 2025 | -0.07 |
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Return for Risk
QQXL vs. CDC — Risk / Return Rank
QQXL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CDC
QQXL vs. CDC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra QQQ Top 30 (QQXL) 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.
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.
| QQXL | CDC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.60 | — |
| Martin ratioReturn relative to average drawdown | — | 12.65 | — |
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Drawdowns
QQXL vs. CDC - Drawdown Comparison
The maximum QQXL drawdown since its inception was -27.34%, which is greater than CDC's maximum drawdown of -21.37%. Use the drawdown chart below to compare losses from any high point for QQXL and CDC.
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Drawdown Indicators
| QQXL | CDC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.34% | -21.37% | -5.97% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.67% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.70% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.37% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.37% | — |
Current DrawdownCurrent decline from peak | -7.15% | -0.57% | -6.58% |
Average DrawdownAverage peak-to-trough decline | -6.91% | -5.07% | -1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.61% | — |
Volatility
QQXL vs. CDC - Volatility Comparison
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Volatility by Period
| QQXL | CDC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.83% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.50% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 41.18% | 10.15% | +31.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.18% | 12.54% | +28.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.18% | 13.18% | +28.00% |
QQXL vs. CDC - Expense Ratio Comparison
QQXL has a 0.95% expense ratio, which is higher than CDC's 0.37% expense ratio.
Dividends
QQXL vs. CDC - Dividend Comparison
QQXL's dividend yield for the trailing twelve months is around 0.75%, less than CDC's 3.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 3.08% | 3.36% | 3.32% | 4.24% | 3.48% | 2.65% | 2.48% | 3.04% | 3.37% | 2.81% | 2.99% | 3.17% |
QQXL ProShares Ultra QQQ Top 30 | 0.75% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QQXL and CDC have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CDC is cheaper at 0.37% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CDC is cheaper with a 0.37% expense ratio, compared with 0.95% for QQXL.
CDC has the higher dividend yield at 3.08%, compared with 0.75% for QQXL.
QQXL is categorized as Leveraged Equities, while CDC is Large Cap Value Equities. They also come from different issuers: ProShares and Crestview. Their fees differ too: 0.95% for QQXL and 0.37% for CDC.
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