VictoryShares US Large Cap High Div Volatility Wtd ETF (CDL)

CDL offers a compelling blend of high dividend yields, low volatility, and attractive valuation, making it appealing as rates decline and markets remain volatile. The fund's defensive tilt is driven by heavy allocations to utilities and consumer staples, supporting resilience and income during market pullbacks. Compared to peers, CDL trades at a discount and delivers above-average yields, though it lags the benchmark in growth and profitability due to sector choices.

CDL combines large-cap stocks, high dividend yields, and low volatility, making it a strong defensive complement to other dividend ETFs. Despite its higher expense ratio and similar volatility to peers, CDL boasts robust total returns and consistent dividend growth since inception. CDL's portfolio is heavily weighted in utilities and consumer staples, providing fundamental defensiveness and stability in various economic scenarios.

The US economy shows mixed signals, with weakening labor markets and housing starts, but resilient retail sales and industrial production driven by tariff front-running. Dividends and dividend growth stocks are outperforming Big Tech in 2025, with ETFs like HDV and CDL showing strong returns due to defensive sector exposure. My buy list focuses on "steady compounders" like Bar Harbor Bank, Healthpeak Properties, and Alphabet, each showing strong fundamentals and growth potential despite market volatility.

VictoryShares US Large Cap High Div Volatility Wtd ETF has a portfolio of 100 dividend stocks selected based on yield and weighted based on volatility. CDL is well-diversified, has value characteristics, and is focused on utilities and financials. SCHD does better than CDL not only in historical return, yield and volatility, but also in dividend growth, liquidity, and expense ratio.

Casella Waste Systems, Inc has dedicated its CDL Training Center to its first employee, Ken Hier. The Center has graduated 300 drivers since its founding.

CDL's 3.2% dividend yield and low P/E ratio make it attractive for income-focused portfolios, but not for growth-oriented investors. The ETF's sector allocation is heavily tilted towards utilities, energy, and financials, with minimal exposure to technology and industrials. CDL's low volatility and defensive strategy provide downside protection, but its growth potential is limited due to sector biases.

Pacific NW Professional Driving School, doing business as Toro Trucking Academy, filed a Chapter 7 petition, which means it is seeking to wind down operations and liquidate its assets, Wednesday in the U.S. Bankruptcy Court for the Western District of Washington. A company representative blamed the closure on "all the market forces that are happening in the industry today." "Increasing regulations that just get worse and worse and harder and harder to do business" the spokesperson for Toro Trucking Academy, who didn't want to be named, told FreightWaves. "You've got the industry economic situation, and fuel prices [in the Pacific Northwest] have more than doubled. Then you have personnel costs and trying to operate in states like Washington and Oregon that are unfriendly to businesses. That all adds up and it just crushes you over time." window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[300, 100], [320, 50], [728, 90], [468, 60]], 'div-gpt-ad-1709668545404-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); In the petition, Ryan Kling, who is listed as owner and president, states that while his lot lease to store the company's tractors and trailers is paid through May, the trucking school's property insurance policy expired in March and the carrier would not renew it. Toro Trucking Academy had 11 drivers and 13 power units at the time of its closure, according to the Federal Motor Carrier Safety Administration's SAFER website, but has trained thousands of professional drivers over the past 10 years. The company stopped posting images of its CDL graduates on its social media platforms in early April. The website for the trucking school's locations in Tacoma, Kent and Portland no longer works. "We didn't leave anyone hanging out there in the middle of training, so we were intentional about when we closed" the company spokesperson told FreightWaves. "We had an agreement with another CDL school if there were any students that needed anything after we closed. All of the students were taken care of and got their CDLs." window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); In its filing, Toro Trucking Academy lists its assets as between $100,000 and $500,000 and its liabilities as between $1 million and $10 million. The petition states the company has up to 49 creditors and maintains that funds will be available for distribution to unsecured creditors. The petition says the company is involved in two pending legal actions, including a breach-of-contract lawsuit filed against it in King County Superior Court. The company is also awaiting the results of an audit conducted by the Washington State Department of Revenue. Among the company's top creditors with nonpriority unsecured loans are Bank of America in El Paso, Texas, owed more than $68,000, and Chase Card Services of Wilmington, Delaware, owed nearly $57,000. The petition states that First Business Bank of Madison, Wisconsin, has a security interest of around $1.2 million in multiple pieces of equipment. The carrier's gross revenues from Jan. 1 until its bankruptcy filing date were around $490,000. Its petition states the company made about $1.7 million in 2023 and nearly $2.3 million in 2022. As of publication, J. Todd Tracy, the trucking school's bankruptcy attorney, had not responded to FreightWaves' request for comment. The post CDL truck driving school shutters operations, files for bankruptcy appeared first on FreightWaves.

CDL is an ETF that focuses on high dividend yields and low volatility. Both its methodology and its current allocations make this an adequately diversified fund that has also enjoyed a very good past performance since it was launched. That being said, it is likely to underperform VYM in the long run because of its high expense ratio and turnover rate.

ENCINO, CALIFORNIA, UNITED STATES, March 29, 2024 /EINPresswire.com/ — In light of recent discussions surrounding the Federal Motor Carrier Safety Administration’s (FMCSA) proposed changes to Commercial Driver’s License (CDL) requirements, IMPROVLearning is bringing critical attention to the dialogue between trucking industry veterans and regulatory bodies. This move aligns with IMPROVLearning’s enduring commitment to promoting driver … The post IMPROVLearning Highlights Ongoing Debate on Propos...

VictoryShares US Large Cap High Div Volatility Wtd ETF offers a rules-based approach that bridges active and passive management. The ETF's investment process may result in betting on both good and bad sectors, potentially leading to so-so returns in 2024. A company's past 12-month profitability is essential to CDL's selection process.

CDL has a 3.62% dividend yield and makes monthly distributions. Its expense ratio is 0.35%, and the ETF has amassed $354 million in assets under management over nearly nine years. Victory Capital's literature suggests market-cap-weighting schemes are flawed and that its volatility-weighted approach is superior. However, the evidence I gathered indicates the opposite. CDL features 11–12% lower free cash flow margins than funds like SCHD and DLN, which incorporate a security's size into the weighting equation. It's no coincidence that they've outperformed.

With the acquisition of EQM Indexes, VettaFi's family of indexes now powers nearly $19 billion in ETFs and other investment vehicles. In May 2022, VettaFi was created by unifying complementary businesses who shared a common vision for client success, the value of relationships, and the importance of data.

While fixed income ETFs remain popular with advisors, we sense a shift in sentiment. Now that the Federal Reserve has paused raising interest rates, many advisors are also looking to alternative income strategies.

The CDL ETF uses a non-traditional method of weighing holdings based on trailing volatility instead of market cap or dividend yield. The CDL ETF is currently paying a 3.4% trailing distribution yield.

VictoryShares US Large Cap High Div Volatility Wtd ETF's valuations are compelling. CDL ETF could work well as risk-off conditions grow.