Two of the market's most popular income ETFs compared side-by-side. See which one fits your yield strategy.
What this means: Both CSB and PDI fall intoTier 3: Specialty. This suggests they share a similar risk profile and volatility expectation.
| Metric | CSB | PDI |
|---|---|---|
| Total Return (1Y) | 0.00% | 5.26% |
| NAV Change (1Y) | 0.00% | -9.27% |
| Max Drawdown | 0.00% | -15.20% |
| Beta | - | - |
* Returns include dividend reinvestment. Drawdown calculates peak-to-trough decline over trailing 12 months.
CSB (VictoryShares US Small Cap High Div Volatility Wtd ETF) is a sector-specific income fund managed by Victory Capital Management Inc.. It focuses on generating income through strategic holdings. With $260.6M in assets under management, this fund has been operational since its inception.
Strategy: Concentrates on sector-specific opportunities, typically REITs, MLPs, or BDCs with higher baseline yields.
PDI (PIMCO Dynamic Income Fund) is a sector-specific income fund managed by PIMCO. It focuses on generating income through strategic holdings. With significant capital, this fund has been operational since its inception.
Strategy: Concentrates on sector-specific opportunities, typically REITs, MLPs, or BDCs with higher baseline yields.
In the head-to-head battle of CSB vs PDI, the choice depends on your specific goal. PDI wins for Immediate Income with a 14.53% yield. However, PDI is the better choice for Long-Term Growth due to superior total return performance.
Which fund is safer for retirement income? We analyze the yield sustainability and structural risk.
What is a Yield Trap? A yield trap occurs when a fund advertises an attractive headline yield (14.53% in PDI's case), but that income is partially funded by Return of Capital (ROC) distributions rather than genuine earnings or realized gains. This means you're essentially receiving your own money back, while the fund's NAV erodes.
12-MONTH PERFORMANCE BREAKDOWN:
Why This Matters: For retirees withdrawing income, this creates a double-whammy effect:
⚖️ Verdict: PDI exhibits classic yield trap characteristics. Income investors should allocate cautiously and consider pairing with capital-preserving assets (Tier 1-2 funds).
The Bottom Line Question: If you invest $100,000 today, how much cash will you actually receive each month? Here's the exact math:
CSB
Annual Yield: 1.89%
$157/mo
($1,889/year)
Frequency: monthly
PDI
Annual Yield: 14.53%
$1,211/mo
($14,532/year)
Frequency: monthly
Income Gap: PDI generates $12,642/year more than CSB on the same $100k investment.
Over 20 years, that's $252,841 in additional cash flow (before reinvestment).
Context Matters: Higher income doesn't always mean better investment. Review the "Yield Trap" and "Total Return" sections above—you want income that's sustainable, not just headline-grabbing.
Historical data reveals how these funds behave during market stress. PDI has delivered a superior Total Return of 5.26% over the past year.
Every investor has a unique risk profile. Use our Portfolio Intelligence tool to see the impact of adding these ETFs to your holdings.