VictoryShares US Small Cap High Div… (CSB) Performance
CSB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.3% since Dec 31, 2025
- 1 year
- +14.6% total return
- 5 years
- +5.2% a year
- 10 years
- +9.7% a year
- Since first price
- +9.3% a year since 2015
CSB trailing returns vs SPY, QQQ, AGG
| Period | CSB total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.2% | +3.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.9% | −2.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.9% | +0.4% | +7.8% | +8.4% | −1.5% |
| YTD | +13.3% | +10.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.6% | +10.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +53.3%+15.3%/yr | +38.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +29.1%+5.2%/yr | +8.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +152.8%+9.7%/yr | +79.6% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionJul 8, 2015 | +173.2%+9.3%/yr | +86.7% | — | — | — |
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: CSB vs SPY
From Jul 8, 2015: CSB grew to $27,318, SPY to $44,678.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CSB returns by calendar year
8 of 10 full years positive. Best 2016 (+30.1%), worst 2022 (−13.1%). 2026 is year to date.
CSB annual returns table
| Year | CSB | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.3% | −9.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +2.3% | −18.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +9.6% | −8.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.6% | −18.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −13.1% | −24.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +27.0% | −10.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +10.3% | −42.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +21.1% | −9.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −7.1% | −19.3% | −4.6% | −0.1% | +0.1% |
| 2017 | +11.3% | −6.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +30.1% | −6.8% | +12.0% | +7.1% | +2.4% |
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.
CSB largest drawdowns
Now 4.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 16, 2020 | −42.1% | Mar 23, 2020 | Nov 23, 2020 | 2 months | 10 months |
| Jan 6, 2022 | −24.5% | Sep 30, 2022 | Jul 16, 2024 | 9 months | 2.5 years |
| Nov 25, 2024 | −21.8% | Apr 8, 2025 | Jan 21, 2026 | 4 months | 1.2 years |
| Aug 21, 2018 | −19.3% | Dec 24, 2018 | Nov 5, 2019 | 4 months | 1.2 years |
| Jul 9, 2015 | −14.0% | Jan 21, 2016 | Mar 30, 2016 | 6 months | 9 months |
| Jun 8, 2021 | −10.6% | Sep 21, 2021 | Nov 5, 2021 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CSB risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +11.7% | +5.0% | +8.9% | +9.0% |
| Volatility (annualized) | 16.6% | 18.9% | 19.6% | 19.0% |
| Sharpe ratio | 0.49 | 0.16 | 0.42 | 0.44 |
| Sortino ratio | 0.85 | 0.25 | 0.64 | 0.68 |
| Best month | +11.6% | +14.5% | +17.6% | +17.6% |
| Worst month | −6.9% | −11.9% | −20.8% | −20.8% |
| Best 12 months | +31.1% | +31.1% | +95.6% | +95.6% |
| Worst 12 months | −4.7% | −16.6% | −26.1% | −26.1% |
| Positive months | 53% | 47% | 56% | 55% |
| Beta vs S&P 500 | 0.70 | 0.84 | 0.97 | — |
| Correlation with S&P 500 | 0.52 | 0.70 | 0.76 | — |
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.
CSB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 124 | −26.1% | +8.6% | +95.6% | 73% |
| 3-year (a year) | 100 | −5.2% | +9.9% | +22.5% | 94% |
| 5-year (a year) | 76 | +4.0% | +9.1% | +16.9% | 100% |
| 10-year (a year) | 16 | +8.7% | +9.7% | +10.7% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
CSB performance overview
VictoryShares US Small Cap High Div… (CSB) returned +14.6% over the past year and +9.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +9.3% a year, turning $10,000 into about $27,318. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −42.1%, from Jan 16, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. CSB finished 8 of its 10 full calendar years with a gain; the best year was 2016 (+30.1%) and the worst 2022 (−13.1%). Volatility has been 19.0% a year.
Related: CSB chart, CSB holdings, CSB dividends, CSB valuation. See the CSB overview for the latest quote and fund facts.
CSB performance FAQ
What is the CSB return over the past year?
CSB returned +14.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.9%.
What is the average annual return of CSB?
CSB has returned +5.2% a year over 5 years, +9.7% a year over 10 years, +9.3% a year since July 8, 2015 (total return, distributions reinvested).
How much would $10,000 invested in CSB be worth?
$10,000 invested in CSB at its first recorded close on July 8, 2015 would be worth about $27,318 on October 23, 2026 with distributions reinvested.
What was the worst year for CSB?
The worst calendar year was 2022, with a total return of −13.1%. The best was 2016 at +30.1%.
What is the biggest drawdown of CSB?
The largest peak-to-trough decline was −42.1% between January 16, 2020 and March 23, 2020. It recovered to the old high on November 23, 2020, 8 months after the bottom.
How volatile is CSB?
Over the past 3 years CSB had an annualized volatility of 16.6% and a Sharpe ratio of 0.49 (excess return over 1–3 month T-bills per unit of risk).