CDLvsSPYDETF Comparison

ETF 1

CDL

VictoryShares US Large Cap High Div Volatility Wtd ETF

This fund is part of

US Multi-Factor

-0.32%

Full CDL fund page

ETF 2

SPYD

State Street SPDR Portfolio S&P 500 High Dividend ETF

This fund is part of

US High Dividend

-0.87%

Full SPYD fund page

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 Finance, Utilities and Consumer Non-Cyclicals. In contrast, SPYD's top sector exposures are Finance, Consumer Non-Cyclicals and Utilities. CDL is more expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.07% for SPYD. CDL is up 15.08% year-to-date (YTD) with -$3M in YTD flows. SPYD performs worse with 13.14% YTD performance, and -$575M 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

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Data Services

Historic performance and flows

Data as of 09/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CDL SPYD	-3.52%-3.78%	+0.79%-0.20%	+15.08%+13.14%	+17.24%+13.42%	+51.94%+48.95%	+59.44%+49.81%
Flows	CDL SPYD	+$4M+$49M	+$4M+$102M	-$3M-$575M	-$7M-$573M	-$72M-$819M	+$73M+$1.57B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CDL SPYD	+11.92%+12.82%	+10.43%+11.81%	+12.35%+14.38%	+13.95%+16.00%
Max drawdown	CDL SPYD	-4.28%-5.53%	-5.69%-7.09%	-12.62%-16.16%	-17.25%-22.18%
Max drawdown duration	CDL SPYD	28d23d	58d94d	254d411d	699d812d

Trading data

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	CDL	SPYD
Last sale 9/17/2026 at 1:30 PM	$77.87	$48.14
Previous close 09/16/2026	$77.48	$47.90
Consolidated volume 09/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 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

Main metrics

Last update 9/17/2026 at 1:30 PM

Live

Closed

	CDL	SPYD
Last price	$77.87	$48.14
1D performance	+0.51%	+0.50%
AuM	$395.01 M	$7.43 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	100	80
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	July 7, 2015	October 21, 2015
ESG	No	No

More CDL data on Trackinsight

More SPYD data on Trackinsight

Exposure

Countries

CDL

USA

95.56%

Other

4.44%

SPYD

USA

92.75%

Other

7.25%

Sectors

CDL

Finance

25.29%

Utilities

22.88%

Consumer Non-Cycl.

16.67%

Energy

9.33%

Other

25.83%

SPYD

Finance

38.44%

Consumer Non-Cycl.

14.79%

Utilities

10.7%

Non-Energy Materi.

7.5%

Other

28.57%

Diversification

CDL

Total weight of top 15 holdings out of 15

21.95%

SPYD

Total weight of top 15 holdings out of 15

19.79%

Top 15 holdings

Data as of July 31, 2026

CDL

FirstEnergy Corp.

1.61%

Duke Energy Corp.

1.60%

The Coca-Cola Co.

1.58%

Evergy, Inc.

1.57%

WEC Energy Group, Inc.

1.56%

Alliant Energy Corp.

1.55%

DTE Energy Co.

1.49%

CMS Energy Corp.

1.45%

The Southern Co.

1.45%

Automatic Data Processing, Inc.

1.38%

Dominion Energy, Inc.

1.37%

Consolidated Edison, Inc.

1.36%

CNA Financial Corp.

1.35%

State Street Corp.

1.32%

MetLife, Inc.

1.31%

SPYD

Accenture Plc

1.46%

Fidelity National Information Services, Inc.

1.36%

HP, Inc.

1.34%

Bristol Myers Squibb Co.

1.33%

International Paper Co.

1.32%

Ares Management Corp.

1.32%

Stanley Black & Decker, Inc.

1.31%

Verizon Communications, Inc.

1.30%

Paychex, Inc.

1.30%

Hasbro, Inc.

1.30%

Target Corp.

1.29%

Franklin Resources, Inc.

1.29%

American Tower Corp.

1.29%

Honeywell Technologies, Inc.

1.29%

Medtronic Plc

1.29%

Frequently asked questions about CDL and SPYD

How have the CDL and SPYD ETFs performed in 2026?

As of September 16, 2026, CDL is up 15.08% year-to-date (YTD), while SPYD has returned 13.14%. 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 -$3M in flows, compared to -$575M for SPYD.

Which ETF is more volatile: CDL or SPYD?

Over the past year, CDL had a volatility of 10.43%, while SPYD experienced 11.81%.

Which ETF is bigger: CDL or SPYD?

As of September 16, 2026, CDL holds $395.01 M in assets under management (AUM), while SPYD manages $7.43 B.

What sectors do the CDL and SPYD ETFs invest in?

CDL leans toward sectors like Finance, Utilities and Consumer Non-Cyclicals. Meanwhile, SPYD focuses on Finance, Consumer Non-Cyclicals and Utilities.

What are the top holdings of the CDL ETF and SPYD ETF?

CDL top holdings include FirstEnergy Corp., Duke Energy Corp. and The Coca-Cola Co.. SPYD holds in its top three: Accenture Plc, Fidelity National Information Services, Inc. and HP, Inc..

CDLvsSPYDETF Comparison

VictoryShares US Large Cap High Div Volatility Wtd ETF

State Street SPDR Portfolio S&P 500 High Dividend ETF

CDL vs SPYD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the CDL and SPYD ETFs performed in 2026?

As of September 16, 2026, CDL is up 15.08% year-to-date (YTD), while SPYD has returned 13.14%. 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 -$3M in flows, compared to -$575M for SPYD.

Which ETF is more volatile: CDL or SPYD?

Over the past year, CDL had a volatility of 10.43%, while SPYD experienced 11.81%.

Which ETF is bigger: CDL or SPYD?

As of September 16, 2026, CDL holds $395.01 M in assets under management (AUM), while SPYD manages $7.43 B.

What sectors do the CDL and SPYD ETFs invest in?

CDL leans toward sectors like Finance, Utilities and Consumer Non-Cyclicals. Meanwhile, SPYD focuses on Finance, Consumer Non-Cyclicals and Utilities.

What are the top holdings of the CDL ETF and SPYD ETF?

CDL top holdings include FirstEnergy Corp., Duke Energy Corp. and The Coca-Cola Co.. SPYD holds in its top three: Accenture Plc, Fidelity National Information Services, Inc. and HP, Inc..

Which ETF is more diversified: CDL or SPYD?

CDL holds 100 securities with 21.95% of its assets in the top 15. SPYD has 80 securities and a top 15 weight of 19.79%.

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