CDL vs MSTX

Comparison between VICTORYSHARES US LARGE CAP HIGH DIV VOLATILITY WTD ETF (CDL, ETF) and Defiance Daily Target 2x Long MSTR ETF (MSTX, ETF).

CDL vs MSTX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CDL(ETF)	MSTX(ETF)
Net Assets	$388M	$388M
Expense Ratio	0.35%	N/A
Max Drawdown	41.37%	99.10%
Sharpe Ratio	1.63	-1.57
5Y Beta	0.45	4.82
P/E Ratio	17.35	N/A
Forward P/E	13.65	N/A
PEG Ratio	0.44	N/A
5Y Dividends CAGR	10.08%	N/A
5Y EPS CAGR	5.91%	N/A
Debt to Equity	19.58%	N/A
P/S Ratio	1.60	N/A
P/B Ratio	2.22	N/A

Net Assets

Winner

CDL

$388M

MSTX

$388M

Expense Ratio

CDL

0.35%

MSTX

N/A

Max Drawdown

Winner

CDL

41.37%

MSTX

99.10%

Sharpe Ratio

Winner

CDL

1.63

MSTX

-1.57

5Y Beta

Winner

CDL

0.45

MSTX

4.82

P/E Ratio

CDL

17.35

MSTX

N/A

Forward P/E

CDL

13.65

MSTX

N/A

PEG Ratio

CDL

0.44

MSTX

N/A

5Y Dividends CAGR

CDL

10.08%

MSTX

N/A

5Y EPS CAGR

CDL

5.91%

MSTX

N/A

Debt to Equity

CDL

19.58%

MSTX

N/A

P/S Ratio

CDL

1.60

MSTX

N/A

P/B Ratio

CDL

2.22

MSTX

N/A

CDL vs MSTX - Holdings Comparison

CDL and MSTX have 0 common holdings. Overlap is 0.00%

CDL's top 25 holdings weight is 34.37%. MSTX's top 25 holdings weight is 6.35%.

Rank	CDL	MSTX
#1	ALLIANT ENERGY CORP (LNT) - 1.66%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.86%
#2	DUKE ENERGY CORP (DUK) - 1.65%	STRATEGY INC CLASS A (MSTR) - 1.30%
#3	WEC ENERGY GROUP INC (WEC) - 1.64%	DREYFUS GOVERNMENT CASH MGMT INSTL (DGCXX) - 1.19%
#4	EVERGY INC (EVRG) - 1.63%	N/A
#5	DTE ENERGY CO (DTE) - 1.56%	N/A
#6	FIRSTENERGY CORP (FE) - 1.55%	N/A
#7	CMS ENERGY CORP (CMS) - 1.54%	N/A
#8	COCA-COLA CO (KO) - 1.54%	N/A
#9	SOUTHERN CO (SO) - 1.52%	N/A
#10	DOMINION ENERGY INC (D) - 1.41%	N/A
#11	CONSOLIDATED EDISON INC (ED) - 1.40%	N/A
#12	AMERICAN ELECTRIC POWER CO INC (AEP) - 1.34%	N/A
#13	PPL CORP (PPL) - 1.33%	N/A
#14	XCEL ENERGY INC (XEL) - 1.28%	N/A
#15	CHEVRON CORP (CVX) - 1.26%	N/A
#16	KINDER MORGAN INC CLASS P (KMI) - 1.24%	N/A
#17	PROCTER & GAMBLE CO (PG) - 1.24%	N/A
#18	EXELON CORP (EXC) - 1.22%	N/A
#19	AUTOMATIC DATA PROCESSING INC (ADP) - 1.22%	N/A
#20	CNA FINANCIAL CORP (CNA) - 1.21%	N/A
#21	ALTRIA GROUP INC (MO) - 1.20%	N/A
#22	PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) - 1.20%	N/A
#23	PRINCIPAL FINANCIAL GROUP INC (PFG) - 1.18%	N/A
#24	FRANKLIN RESOURCES INC (BEN) - 1.18%	N/A
#25	METLIFE INC (MET) - 1.17%	N/A
Total Holdings	101	3

CDL vs MSTX - Historical Returns

Returns include dividend reinvestment.

Period	CDL	MSTX
1 month	+0.77%	-61.78%
3 months	+1.89%	-39.53%
6 months	+12.35%	-72.15%
1 year	+21.08%	-95.53%
5 years(CAGR)	+9.02%	N/A
10 years(CAGR)	+10.97%	N/A
Max(CAGR)	+11.02%	-70.93%

Winner

CDL

+0.77%

MSTX

-61.78%

Winner

CDL

+1.89%

MSTX

-39.53%

Winner

CDL

+12.35%

MSTX

-72.15%

Winner

CDL

+21.08%

MSTX

-95.53%

5Y(CAGR)

CDL

+9.02%

MSTX

N/A

10Y(CAGR)

CDL

+10.97%

MSTX

N/A

Max(CAGR)

Winner

CDL

+11.02%

MSTX

-70.93%

CDL vs MSTX - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	CDL	MSTX
2026	+11.51%	-62.00%
2025	+9.00%	-89.80%
2024	+14.13%	+143.64%
2023	+2.66%	N/A
2022	-0.49%	N/A
2021	+35.24%	N/A
2020	-3.15%	N/A
2019	+26.55%	N/A
2018	-5.51%	N/A
2017	+15.39%	N/A
2016	+21.72%	N/A
2015	+0.35%	N/A

CDL vs MSTX Drawdown Comparison

The maximum drawdown for CDL was -41.02%, occurring on Mar 23, 2020. Recovery took 250 trading sessions.

The maximum drawdown for MSTX was -98.72%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current CDL drawdown is -0.65%. The current MSTX drawdown is -98.72%.

Rank	CDL	MSTX
#1	-41.02% Jan 17, 2020 - Jan 14, 2021	-98.72% Nov 20, 2024 - Jun 5, 2026
#2	-17.28% Apr 20, 2022 - Mar 20, 2024	-38.90% Aug 23, 2024 - Sep 26, 2024
#3	-15.21% Sep 14, 2018 - Apr 1, 2019	-26.07% Oct 29, 2024 - Nov 7, 2024
#4	-12.87% Nov 29, 2024 - Aug 13, 2025	-16.43% Nov 12, 2024 - Nov 18, 2024
#5	-9.66% Nov 2, 2015 - Mar 4, 2016	-15.43% Oct 11, 2024 - Oct 18, 2024
#6	-9.13% Jan 26, 2018 - Aug 17, 2018	-13.61% Sep 27, 2024 - Oct 7, 2024
#7	-8.30% Aug 14, 2015 - Oct 12, 2015	-9.40% Aug 21, 2024 - Aug 23, 2024
#8	-6.55% Jul 26, 2019 - Sep 11, 2019	-7.75% Oct 8, 2024 - Oct 11, 2024
#9	-6.36% Apr 30, 2019 - Jun 20, 2019	-4.50% Oct 22, 2024 - Oct 24, 2024
#10	-5.66% Mar 2, 2026 - Apr 30, 2026	-2.11% Aug 19, 2024 - Aug 21, 2024
#11	-5.43% Jan 14, 2022 - Mar 25, 2022	-1.07% Oct 24, 2024 - Oct 28, 2024
#12	-5.26% Mar 28, 2024 - May 9, 2024	-0.42% Nov 7, 2024 - Nov 11, 2024
#13	-4.84% May 10, 2021 - Aug 11, 2021	N/A
#14	-4.79% Jan 14, 2021 - Feb 8, 2021	N/A
#15	-4.69% Nov 23, 2021 - Dec 15, 2021	N/A

Correlation

Correlation between CDL and MSTX is -0.70 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.70

-101

Dividend Comparison (2015 - 2026)

CDL vs MSTX dividend yield comparison.

Year	CDL	MSTX
2026	1.00%	0.00%
2025	3.33%	0.00%
2024	3.27%	41.01%
2023	3.61%	0.00%
2022	3.31%	0.00%
2021	2.60%	0.00%
2020	3.32%	0.00%
2019	3.05%	0.00%
2018	3.32%	0.00%
2017	2.87%	0.00%
2016	2.97%	0.00%
2015	1.28%	0.00%