VictoryShares US EQ Income Enhanced… (CDC) Performance
CDC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.6% since Dec 31, 2025
- 1 year
- +19.9% total return
- 5 years
- +6.3% a year
- 10 years
- +10.6% a year
- Since first price
- +10.1% a year since 2014
CDC trailing returns vs SPY, QQQ, AGG
| Period | CDC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.0% | +5.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.3% | +1.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.5% | +5.8% | +7.8% | +8.4% | −1.5% |
| YTD | +19.6% | +16.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.9% | +16.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +54.8%+15.7%/yr | +39.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +35.8%+6.3%/yr | +13.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +172.7%+10.6%/yr | +97.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionJul 2, 2014 | +226.9%+10.1%/yr | +120.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CDC vs SPY
From Jul 2, 2014: CDC grew to $32,689, SPY to $47,242.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CDC returns by calendar year
7 of 11 full years positive. Best 2021 (+33.0%), worst 2022 (−7.9%). 2026 is year to date.
CDC annual returns table
| Year | CDC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.6% | −7.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +9.0% | −11.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +14.5% | −8.1% | +24.9% | +25.6% | +1.3% |
| 2023 | −5.0% | −13.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.9% | −18.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +33.0% | −5.5% | +28.7% | +27.4% | −1.8% |
| 2020 | +12.9% | −18.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +19.6% | −6.4% | +31.2% | +39.0% | +8.5% |
| 2018 | −6.0% | −15.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +15.8% | −2.7% | +21.7% | +32.7% | +3.6% |
| 2016 | +20.1% | −6.4% | +12.0% | +7.1% | +2.4% |
| 2015 | −0.7% | −9.5% | +1.2% | +9.4% | +0.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CDC largest drawdowns
Now 0.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 20, 2022 | −21.4% | Aug 24, 2023 | Nov 25, 2024 | 1.3 years | 2.6 years |
| Jan 17, 2020 | −18.3% | Mar 23, 2020 | Jun 5, 2020 | 2 months | 5 months |
| Sep 14, 2018 | −15.1% | Dec 24, 2018 | Oct 23, 2019 | 3 months | 1.1 years |
| Nov 29, 2024 | −12.7% | Apr 8, 2025 | Aug 13, 2025 | 4 months | 8 months |
| Jun 8, 2020 | −10.9% | Jun 26, 2020 | Nov 9, 2020 | 18 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CDC risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2014 |
|---|---|---|---|---|
| Annualized return | +12.6% | +5.8% | +9.6% | +9.7% |
| Volatility (annualized) | 11.3% | 12.9% | 13.1% | 12.5% |
| Sharpe ratio | 0.72 | 0.22 | 0.59 | 0.66 |
| Sortino ratio | 1.12 | 0.31 | 0.88 | 1.01 |
| Best month | +6.3% | +7.3% | +11.0% | +11.0% |
| Worst month | −6.8% | −10.0% | −11.2% | −11.2% |
| Best 12 months | +24.6% | +24.6% | +54.5% | +54.5% |
| Worst 12 months | +3.0% | −17.9% | −17.9% | −17.9% |
| Positive months | 64% | 58% | 67% | 65% |
| Beta vs S&P 500 | 0.35 | 0.50 | 0.61 | — |
| Correlation with S&P 500 | 0.38 | 0.61 | 0.71 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CDC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 136 | −17.9% | +9.7% | +54.5% | 79% |
| 3-year (a year) | 112 | −0.8% | +10.0% | +22.3% | 98% |
| 5-year (a year) | 88 | +5.5% | +9.6% | +15.1% | 100% |
| 10-year (a year) | 28 | +8.9% | +9.8% | +11.1% | 100% |
Every holding period starting at a month-end since 2014. Returns for 3 years and longer are annualized.
CDC performance overview
VictoryShares US EQ Income Enhanced… (CDC) returned +19.9% over the past year and +10.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2014 it has returned +10.1% a year, turning $10,000 into about $32,689. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −21.4%, from Apr 20, 2022 to Aug 24, 2023, and it took 1.3 years to get back to the old high. CDC finished 7 of its 11 full calendar years with a gain; the best year was 2021 (+33.0%) and the worst 2022 (−7.9%). Volatility has been 12.5% a year.
Related: CDC chart, CDC holdings, CDC dividends, CDC valuation. See the CDC overview for the latest quote and fund facts.
CDC performance FAQ
What is the CDC return over the past year?
CDC returned +19.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 16.0%.
What is the average annual return of CDC?
CDC has returned +6.3% a year over 5 years, +10.6% a year over 10 years, +10.1% a year since July 2, 2014 (total return, distributions reinvested).
How much would $10,000 invested in CDC be worth?
$10,000 invested in CDC at its first recorded close on July 2, 2014 would be worth about $32,689 on October 23, 2026 with distributions reinvested.
What was the worst year for CDC?
The worst calendar year was 2022, with a total return of −7.9%. The best was 2021 at +33.0%.
What is the biggest drawdown of CDC?
The largest peak-to-trough decline was −21.4% between April 20, 2022 and August 24, 2023. It recovered to the old high on November 25, 2024, 1.3 years after the bottom.
How volatile is CDC?
Over the past 3 years CDC had an annualized volatility of 11.3% and a Sharpe ratio of 0.72 (excess return over 1–3 month T-bills per unit of risk).