CDLvsSPYDETF Comparison
ETF 1
CDL
VictoryShares US Large Cap High Div Volatility Wtd ETF
This fund is part of
US Multi-Factor
+0.99%
VS
ETF 2
SPYD
State Street SPDR Portfolio S&P 500 High Dividend ETF
This fund is part of
US High Dividend
+1.47%
VictoryShares US Large Cap High Div Volatility Wtd ETF (CDL) belongs to the US Multi-Factor segment. State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is part of the US High Dividend segment. CDL's top 3 sector exposures are Utilities, Financials and Consumer Staples. In contrast, SPYD's top sector exposures are Real Estate, Consumer Staples and Utilities. CDL is more expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.07% for SPYD. CDL is up 12.64% year-to-date (YTD) with -$7M in YTD flows. SPYD performs worse with 9.92% YTD performance, and -$478M in YTD flows. Run a side-by-side ETF comparison of CDL and SPYD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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CDL vs SPYD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CDL SPYD | +4.19%+4.34% | +6.01%+4.96% | +12.64%+9.92% | +22.30%+17.55% | +47.96%+42.29% | +60.12%+45.93% |
| Flows | CDL SPYD | -+$108M | -$4M-$418M | -$7M-$478M | -$8M-$63M | -$101M-$746M | +$72M+$3.07B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CDL SPYD | +10.10%+11.60% | +10.18%+12.24% | +12.37%+14.67% | +13.97%+16.27% |
| Max drawdown | CDL SPYD | -5.69%-7.09% | -5.69%-7.09% | -12.62%-16.16% | -17.25%-22.18% |
| Max drawdown duration | CDL SPYD | 58d73d | 58d73d | 254d411d | 699d812d |
Trading data
CDL | SPYD | |
Last sale 5/1/2026 at 1:30 PM | $76.45 | $46.86 |
| Previous close 04/29/2026 | $76.88 | $47.05 |
| Consolidated volume 04/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of April 30, 2026
1-year trailing difference
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CDL | SPYD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 5/1/2026 at 1:30 PM
Live
Closed
CDL | SPYD | |
|---|---|---|
| Last price | $76.45 | $46.86 |
| 1D performance | -0.56% | -0.40% |
| AuM | $387.98 M | $7.39 B |
| E/R | 0.39% | 0.07% |
Characteristics
CDL | SPYD | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | VictoryShares | State Street Investment Management |
| Benchmark | Nasdaq Victory US Large Cap High Dividend 100 Volatility Weighted Index | S&P 500 High Dividend Index |
| N° of holdings | 98 | 78 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 7, 2015 | October 21, 2015 |
| ESG | No | No |
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Exposure
Countries
CDL
USA
93.67%
Other
6.33%
SPYD
USA
95.07%
Other
4.93%
Sectors
CDL
Utilities
25.18%
Financials
21.58%
Consumer Staples
14.45%
Energy
9.39%
Other
29.4%
SPYD
Real Estate
24.54%
Consumer Staples
14.05%
Utilities
11.77%
Financials
11.13%
Energy
9.61%
Other
28.9%
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Diversification
CDL
Total weight of top 15 holdings out of 15
23.59%
SPYD
Total weight of top 15 holdings out of 15
23.35%
Top 15 holdings
Data as of March 31, 2026
CDL
DUKE ENERGY
1.81%
FIRSTENERGY
1.80%
WEC ENERGY GROUP INC
1.76%
ALLIANT ENERGY
1.68%
CMS ENERGY
1.68%
EVERGY
1.66%
DTE ENERGY
1.64%
SOUTHERN
1.60%
CONSOLIDATED EDISON
1.52%
PPL
1.47%
COCA-COLA
1.47%
AMERICAN ELECTRIC POWER
1.40%
EXELON CORP
1.39%
CHEVRON TEXACO
1.38%
XCEL ENERGY
1.33%
SPYD
APA CORPORATION
1.96%
LYONDELLBASELL INDUSTRIES
1.91%
DOW INC
1.80%
EOG RESOURCES
1.64%
PHILLIPS 66
1.58%
VERIZON COMMUNICATIONS
1.57%
CHEVRON TEXACO
1.52%
AT&T
1.51%
EDISON INTERNATIONAL
1.49%
ONEOK
1.46%
KINDER MORGAN
1.44%
TARGET
1.40%
BRISTOL-MYERS SQUIBB
1.37%
DUKE ENERGY
1.35%
EXELON CORP
1.34%
Frequently asked questions about CDL and SPYD
How have the CDL and SPYD ETFs performed in 2026?
As of April 30, 2026, CDL is up 12.64% year-to-date (YTD), while SPYD has returned 9.92%. That puts CDL better performer ahead so far this year.
Which ETF is attracting more investor money: CDL or SPYD?
Year-to-date, the CDL ETF saw -$7M in flows, compared to -$478M for SPYD.
Which ETF is more volatile: CDL or SPYD?
Over the past year, CDL had a volatility of 10.18%, while SPYD experienced 12.24%.
Which ETF is bigger: CDL or SPYD?
As of April 30, 2026, CDL holds $387.98 M in assets under management (AUM), while SPYD manages $7.39 B.
What sectors do the CDL and SPYD ETFs invest in?
CDL leans toward sectors like Utilities, Financials and Consumer Staples. Meanwhile, SPYD focuses on Real Estate, Consumer Staples and Utilities.
What are the top holdings of the CDL ETF and SPYD ETF?
CDL top holdings include DUKE ENERGY, FIRSTENERGY and WEC ENERGY GROUP INC. SPYD holds in its top three: APA CORPORATION, LYONDELLBASELL INDUSTRIES and DOW INC.
Which ETF is more diversified: CDL or SPYD?
CDL holds 99 securities with 23.59% of its assets in the top 15. SPYD has 79 securities and a top 15 weight of 23.35%.
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