CDL vs VTI
VictoryShares US Large Cap High Div Volatility Wtd ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, CDL or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. CDL is less concentrated, with 14.8% of the fund in its ten largest positions against 33.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CDL | VTI |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $407M | $666.9B |
| Dividend Yield | 3.04% | 1.03% |
| Holdings | 102 | 3,543 |
| YTD Return | +11.34% | +13.10%Best |
| 1Y Return | +12.88% | +17.01%Best |
| 3Y Return (annualized) | +14.81% | +22.26%Best |
| 5Y Return (annualized) | +9.36% | +11.98%Best |
| Volatility (annualized) | 15.0%Best | 15.7% |
| Max Drawdown | -41.4% | -35.0%Best |
| $10,000 over 5 years | $15,642 | $17,608Best |
| Top 10 Weight | 14.8%Best | 33.3% |
| Fund Family | Victory Capital Management Inc. | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jul 7, 2015 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Jul 8, 2015 to Sep 24, 2026 (11.2 years).
CDL vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 11.2 years both funds cover.
CDL vs VTI Performance
VictoryShares US Large Cap High Div Volatility Wtd ETF (CDL) is an ETF from Victory Capital Management Inc. and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year CDL returned +12.88% while VTI returned +17.01%. Year to date, CDL is up 11.34% versus a gain of 13.10% for VTI.
Over three years, CDL compounded at +14.81% per year against +22.26% for VTI; over five years the annualized figures are +9.36% and +11.98% respectively. Across the full 11-year window we track, VTI has the edge at +12.77% annualized vs +8.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 15.0% for CDL. 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 -41.4% for CDL and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CDL charges 0.35% per year while VTI 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, CDL currently yields 3.04% against 1.03% for VTI.
Holdings Overlap
97.6% of CDL's money is in holdings VTI also owns. 12.2% of VTI's money is in holdings CDL also owns.
Most of CDL is already inside VTI. Owning both mostly buys the same companies twice.
98 positions in common, counted across the 100 positions we hold weights for in CDL and 3,463 in VTI, against full books of 102 and 3,543.
What only one of them owns
Our book lists 1,054 positions for VTI that do not appear in our book for CDL (85.3% of the fund), and 1 for CDL that do not appear in VTI (1.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CDL | Weight in VTI | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 1.12% | 0.89% | 0.23% |
| KOCoca Cola Co. | 1.58% | 0.42% | 1.16% |
| CVXChevron Corp | 1.28% | 0.52% | 0.76% |
| PGProcter & Gamble Company | 1.21% | 0.47% | 0.74% |
| DUKDuke Energy Corp | 1.53% | 0.14% | 1.39% |
| ABBVAbbvie Inc. | 1.06% | 0.61% | 0.45% |
| ADPAutomatic Data Processing, Inc. | 1.46% | 0.15% | 1.31% |
| EVRGEvergy Inc. | 1.54% | 0.03% | 1.51% |
| FEFirstenergy Corp. | 1.53% | 0.04% | 1.49% |
| WECWec Energy Group Inc. | 1.51% | 0.05% | 1.46% |
97.6% of CDL is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CDL or VTI?
CDL has an expense ratio of 0.35% while VTI charges 0.03%. VTI is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, CDL or VTI?
Over the past year CDL returned +12.88% vs +17.01% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (11 years), CDL annualized +8.96% vs +12.77% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CDL or VTI?
VTI has been the more volatile fund at 15.7% annualized versus 15.0% for CDL. Worst drawdown: CDL -41.4% vs VTI -35.0%.
Should I hold both CDL and VTI?
CDL and VTI have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CDL and VTI?
97.6% of CDL's money is in holdings VTI also owns. 12.2% of VTI's is in holdings CDL also owns. They hold 98 positions in common, counted across the 100 positions we hold weights for in CDL and 3,463 in VTI.
Which pays a higher dividend, CDL or VTI?
CDL yields 3.04% while VTI yields 1.03%, so CDL currently pays the higher dividend yield.
Is VTI better than CDL?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. CDL is less concentrated, with 14.8% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.