CDC vs VOO
VictoryShares US EQ Income Enhanced Volatility Wtd ETF vs Vanguard S&P 500 ETF
Which is better, CDC or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. CDC is less concentrated, with 15.3% of the fund in its ten largest positions against 37.9%.
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 | CDC | VOO |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $708M | $1.0T |
| Dividend Yield | 3.28% | 1.06% |
| Holdings | 207 | 506 |
| YTD Return | +13.83%Best | +13.57% |
| 1Y Return | +15.02% | +17.55%Best |
| 3Y Return (annualized) | +13.73% | +22.46%Best |
| 5Y Return (annualized) | +5.72% | +13.28%Best |
| Volatility (annualized) | 12.5%Best | 14.8% |
| Max Drawdown | -21.4%Best | -34.3% |
| $10,000 over 5 years | $13,206 | $18,654Best |
| Top 10 Weight | 15.3%Best | 37.9% |
| Fund Family | Victory Capital Management Inc. | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jul 1, 2014 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Jul 2, 2014 to Oct 14, 2026 (12.3 years).
CDC vs VOO 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 12.3 years both funds cover.
CDC vs VOO Performance
VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is an ETF from Victory Capital Management Inc. and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year CDC returned +15.02% while VOO returned +17.55%. Year to date, CDC is up 13.83% versus a gain of 13.57% for VOO.
Over three years, CDC compounded at +13.73% per year against +22.46% for VOO; over five years the annualized figures are +5.72% and +13.28% respectively. Across the full 12-year window we track, VOO has the edge at +12.48% annualized vs +7.99%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 12.5% 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 what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. 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 3.28% against 1.06% for VOO.
Holdings Overlap
91.7% of CDC's money is in holdings VOO also owns. 11.4% of VOO's money is in holdings CDC also owns.
Most of CDC is already inside VOO. Owning both mostly buys the same companies twice.
90 positions in common, counted across the 101 positions we hold weights for in CDC and 504 in VOO, against full books of 207 and 506.
What only one of them owns
Our book lists 409 positions for VOO that do not appear in our book for CDC (88.4% of the fund), and 9 for CDC that do not appear in VOO (6.5%).
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 CDC | Weight in VOO | Difference |
|---|---|---|---|
| XOMExxonmobil Corp. | 1.02% | 1.01% | 0.01% |
| PGProcter & Gamble Company | 1.36% | 0.51% | 0.85% |
| ABBVAbbvie Inc. | 1.08% | 0.69% | 0.39% |
| DUKDuke Energy Corp | 1.59% | 0.14% | 1.45% |
| CVXChevron Corp. | 1.11% | 0.58% | 0.53% |
| WECW E C Energy Group Inc. | 1.63% | 0.05% | 1.58% |
| EVRGEvergy Inc Sedol Bfmxgr0 | 1.62% | 0.03% | 1.59% |
| FEFirstenergy Corp. | 1.58% | 0.04% | 1.54% |
| SOSouthern Co. | 1.47% | 0.15% | 1.32% |
| EDConsolidated Edison Inc. | 1.55% | 0.06% | 1.49% |
91.7% of CDC is already inside VOO.
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, CDC or VOO?
CDC has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, CDC or VOO?
Over the past year CDC returned +15.02% vs +17.55% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (12 years), CDC annualized +7.99% vs +12.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CDC or VOO?
VOO has been the more volatile fund at 14.8% annualized versus 12.5% 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 0.73, 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 CDC and VOO?
91.7% of CDC's money is in holdings VOO also owns. 11.4% of VOO's is in holdings CDC also owns. They hold 90 positions in common, counted across the 101 positions we hold weights for in CDC and 504 in VOO.
Which pays a higher dividend, CDC or VOO?
CDC yields 3.28% while VOO yields 1.06%, so CDC currently pays the higher dividend yield.
Is VOO better than CDC?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. CDC is less concentrated, with 15.3% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.