CDC vs IVV

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricCDCIVVWinner
Expense Ratio0.35%0.03%
AUM$744M$865.2B
Dividend Yield3.08%1.09%
Holdings102508
YTD Return+17.24%+13.80%
1Y Return+21.93%+23.70%
3Y Return (annualized)+14.08%+21.49%
5Y Return (annualized)+6.70%+13.43%
Volatility (annualized)12.4%15.1%
Max Drawdown-21.4%-56.5%
Fund FamilyVictory Capital Management Inc.iShares by BlackRock (US)
CategoryEquityEquity
InceptionJul 1, 2014May 15, 2000

CDC vs IVV Performance

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is a ETF from Victory Capital Management Inc. and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CDC returned +21.93% while IVV returned +23.70%. Year to date, CDC is up 17.24% versus a gain of 13.80% for IVV.

Over three years, CDC compounded at +14.08% per year against +21.49% for IVV; over five years the annualized figures are +6.70% and +13.43% respectively. Across the full 12-year window we track, CDC has the edge at +8.39% annualized vs +7.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.4% for CDC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -21.4% for CDC and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CDC charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, CDC currently yields 3.08% against 1.09% for IVV.

Holdings Overlap

13.3%overlap

CDC and IVV share 90 holdings out of 515 unique holdings combined, representing a 13.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CDCWeight in IVVDifference
XOM1.05%0.97%0.08%
KO1.50%0.49%1.01%
DUK1.63%0.15%1.48%
PGProProPro
ABBVProProPro
CVXProProPro
WECProProPro
FEProProPro
LNTProProPro
EVRGProProPro
See all 10 holdings CDC shares with IVV
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, CDC or IVV?

CDC has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.

Which performed better, CDC or IVV?

Over the past year CDC returned +21.93% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (12 years), CDC annualized +8.39% vs +7.05% for IVV. Past performance does not guarantee future results.

Which is riskier, CDC or IVV?

IVV has been the more volatile fund at 15.1% annualized versus 12.4% for CDC. Worst drawdown: CDC -21.4% vs IVV -56.5%.

Should I hold both CDC and IVV?

CDC and IVV have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CDC and IVV?

CDC and IVV share 90 common holdings with a 13.3% weight overlap. Combined, they hold 515 unique securities.

Which pays a higher dividend, CDC or IVV?

CDC yields 3.08% while IVV yields 1.09%, so CDC currently pays the higher dividend yield.

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