VictoryShares US Large Cap High Div Volatility Wtd ETF

CDL

Valor de mercado US$ 397 mi

I prioritize dividend growth investing, building a core portfolio of select ETFs and high-quality individual stocks for stability and passive income. My approach favors continuity and flexibility, avoiding the risks of abrupt transitions from growth to dividend stocks near retirement. The portfolio centers on seven dividend growth ETFs, balancing moderate yield with robust growth potential and sector diversification.

VictoryShares US Large-Cap High Dividend Volatility Wtd ETF (CDL) offers a 3% starting yield and monthly payouts, prioritizing capital preservation over growth. CDL underweights technology, focusing on financials and utilities, which supports dividend stability but limits upside in tech-driven markets. CDL has delivered ten consecutive years of dividend raises, achieving a 10-year dividend CAGR of 8.44% and demonstrating resilience in downturns.

Across the portfolios, between two-thirds and three-quarters of holdings have met or exceeded both Sustainable Growth Advisers' internal expectations and consensus forecasts for earnings and revenue growth. The average holding in the portfolios has experienced approximately 10% contraction in its price-to-earnings multiple this year, driven largely by sentiment and style rotation rather than deteriorating business quality. Sustainable Growth Advisers initiated a new position in Mastercard, viewing a share price dislocation caused by proposed interest rate caps as an attractive entry point into a high-quality earnings compounder.

Most dividend ETF conversations start and end with the S&P 500. That is fine if you already own Schwab U.S.

The VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) pulls its distribution from dividends paid by large U.S.

Replacing a salary with dividend income is not a lottery fantasy, but more of a math problem with a specific answer, and the answer depends almost entirely on yield.

Most financial advisors will tell you about a dozen or so dividend EFTs that they tell everyone about.

Dividend stocks and defensive sectors have dramatically outperformed as investors flee AI-vulnerable and AI-spending industries, but valuations now appear stretched. Consumer staples and energy sectors trade at historically high forward P/E multiples, often exceeding the S&P 500, despite lower long-term earnings growth prospects. Materials and industrials have also become extended, with valuations reflecting significant future earnings already priced in, especially given AI infrastructure spending.

Dividend stocks have sharply outperformed AI-related tech stocks since November 2025, reversing a multi-year trend. I see the rally in dividend ETFs like SCHD as overextended, prompting a pause in new purchases despite recent gains. AI is likely to benefit users more than makers, with sectors like banks, energy, and consumer staples positioned as early winners.

VictoryShares US Large Cap High Div Volatility Wtd ETF brings together the high dividend and low volatility factors, with a touch of quality. With a portfolio having a 5.6% weighted average EY and a 24-month beta of 0.43, CDL is beating IVV this year amid the rotation, as investors are abandoning growthier names. Nevertheless, I remain skeptical about CDL owing to its anemic historical upside capture and significant underperformance vs. the S&P 500 ETF since 2015.