CDC vs VOO

Quick Verdict

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

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricCDCVOOWinner
Expense Ratio0.35%0.03%
AUM$744M$979.0B
Dividend Yield3.08%1.09%
Holdings102509
YTD Return+17.24%+13.80%
1Y Return+21.93%+23.71%
3Y Return (annualized)+14.08%+21.50%
5Y Return (annualized)+6.70%+13.44%
Volatility (annualized)12.4%14.1%
Max Drawdown-21.4%-34.3%
Fund FamilyVictory Capital Management Inc.Vanguard (US)
CategoryEquityEquity
InceptionJul 1, 2014Sep 7, 2010

CDC vs VOO Performance

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is a ETF from Victory Capital Management Inc. and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CDC returned +21.93% while VOO returned +23.71%. Year to date, CDC is up 17.24% versus a gain of 13.80% for VOO.

Over three years, CDC compounded at +14.08% per year against +21.50% for VOO; over five years the annualized figures are +6.70% and +13.44% respectively. Across the full 12-year window we track, VOO has the edge at +13.58% annualized vs +8.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% 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 -34.3% for VOO. 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 VOO 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 VOO.

Holdings Overlap

13.1%overlap

CDC and VOO share 89 holdings out of 516 unique holdings combined, representing a 13.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CDCWeight in VOODifference
KO1.50%0.49%1.01%
XOM1.05%0.88%0.17%
DUK1.63%0.15%1.48%
PGProProPro
ABBVProProPro
WECProProPro
FEProProPro
LNTProProPro
EVRGProProPro
SOProProPro
See all 10 holdings CDC shares with VOO
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, CDC or VOO?

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

Which performed better, CDC or VOO?

Over the past year CDC returned +21.93% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (12 years), CDC annualized +8.39% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, CDC or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 12.4% for CDC. Worst drawdown: CDC -21.4% vs VOO -34.3%.

Should I hold both CDC and VOO?

CDC and VOO 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 VOO?

CDC and VOO share 89 common holdings with a 13.1% weight overlap. Combined, they hold 516 unique securities.

Which pays a higher dividend, CDC or VOO?

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

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