CDL: VICTORYSHARES US LARGE CAP HIGH DIV VOLATILITY WTD ETF
ETF Education Report: VICTORYSHARES US LARGE CAP HIGH DIV VOLATILITY WTD ETF (CDL)
What this ETF is trying to do
This ETF, known by its ticker symbol CDL, focuses on large companies in the United States. Based on its name, it looks for stocks that offer high dividends and manages how much the price swings up and down (volatility).
What the numbers show
The current price of the ETF is $80.90. When we look at how the price has changed over time, we see different results depending on what we measure:
• One-Year Returns: The one-year price return was approximately 17.01%. This measures only the change in the share price. However, the one-year total return was approximately 21.01%, which includes the impact of distributions.
• Year-to-Date (YTD): The YTD price return is approximately 17.50%, while the YTD total return is approximately 19.70%.
• Three-Year Returns: Over three years, the price return was approximately 43.95%, and the total return was approximately 59.82%.
To understand the price change, we can look at an estimated price from roughly one year ago, which was about $69.14. For example, if you had invested $10,000 into this ETF one year ago based on that estimated price, your investment's value would have grown to approximately $11,701 based on the share-price change alone (before adding any cash from distributions).
Income and distribution explanation
This ETF provides regular cash payments called distributions. The distribution yield is approximately 3.03%. This number describes the cash paid out relative to the ETF's price. These payments usually happen monthly, with 12 payouts recorded over the last year. Most of these payments have historically been made on Thursdays.
It is important to remember that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that your original investment (your principal) will stay the same value.
NAV erosion explanation
"NAV erosion" refers to a situation where an ETF's Net Asset Value (the actual value of the assets it owns) drops significantly. When an ETF's share price falls heavily, it can destroy the principal an investor put in.
For this ETF, the erosion-risk score is 100, and the label indicates "No price erosion detected." There is no severe erosion-risk flag for this fund. This means the data does not show signs of the substantial price deterioration that characterizes high erosion risk.
Top Holdings
The following are some of the top holdings in this ETF. Please note that this is a partial list and holdings can change over time:
• FirstEnergy Corp (1.61%)
• Duke Energy Corp (1.58%)
• Evergy Inc (1.57%)
• Alliant Energy Corp (1.56%)
• Coca-Cola Co (1.56%)
• WEC Energy Group Inc (1.55%)
• DTE Energy Co (1.48%)
• CMS Energy Corp (1.45%)
• Southern Co (1.42%)
• Automatic Data Processing Inc (1.39%)
Pros
• The ETF has shown positive price returns and total returns over the one-year, year-to-date, and three-year periods.
• It provides regular monthly cash distributions.
Cons
• As with all ETFs, the share price can change, which means the value of an investment can go up or down.
Beginner takeaway
When looking at ETFs that pay dividends, it is important to look at both the price return (how the share price moves) and the total return (which includes the cash distributions). A high distribution yield alone can be misleading; investors often prefer funds where the price stays steady or grows, rather than funds where the price drops significantly.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | FIRSTENERGY CORP | FE | 1.61% |
| 2 | DUKE ENERGY CORP | DUK | 1.58% |
| 3 | EVERGY INC | EVRG | 1.57% |
| 4 | ALLIANT ENERGY CORP | LNT | 1.56% |
| 5 | COCA-COLA CO | KO | 1.56% |
| 6 | WEC ENERGY GROUP INC | WEC | 1.55% |
| 7 | DTE ENERGY CO | DTE | 1.48% |
| 8 | CMS ENERGY CORP | CMS | 1.45% |
| 9 | SOUTHERN CO | SO | 1.42% |
| 10 | AUTOMATIC DATA PROCESSING INC | ADP | 1.39% |