CGCV vs VOO
Capital Group Conservative Equity ETF vs Vanguard S&P 500 ETF
Which is better, CGCV or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. CGCV is less concentrated, with 32.5% of the fund in its ten largest positions against 36.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CGCV | VOO |
|---|---|---|
| Expense Ratio | 0.33% | 0.03%Best |
| AUM | $2.0B | $997.4B |
| Dividend Yield | 1.45% | 1.04% |
| Holdings | 75 | 509 |
| YTD Return | +7.62% | +12.50%Best |
| 1Y Return | +11.07% | +17.58%Best |
| 3Y Return (annualized) | - | +21.27% |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 9.8%Best | 11.9% |
| Max Drawdown | -13.1%Best | -18.7% |
| $10,000 over 2.2 years | $13,553 | $14,326Best |
| Top 10 Weight | 32.5%Best | 36.4% |
| Fund Family | Capital Group (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jun 27, 2024 to Sep 11, 2026 (2.2 years).
CGCV vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
CGCV vs VOO Performance
Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year CGCV returned +11.07% while VOO returned +17.58%. Year to date, CGCV is up 7.62% versus a gain of 12.50% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 9.8% for CGCV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.1% for CGCV and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGCV charges 0.33% per year while VOO charges 0.03%. On a $10,000 position that is $33 vs $3 annually, a gap of $30 per year that compounds over a long holding period. On income, CGCV currently yields 1.45% against 1.04% for VOO.
Holdings Overlap
92.1% of CGCV's money is in holdings VOO also owns. 46.4% of VOO's money is in holdings CGCV also owns.
Most of CGCV is already inside VOO. Owning both mostly buys the same companies twice.
66 positions in common, counted across the 73 positions we hold weights for in CGCV and 505 in VOO, against full books of 75 and 509.
What only one of them owns
Our book lists 430 positions for VOO that do not appear in our book for CGCV (53.1% of the fund), and 3 for CGCV that do not appear in VOO (2.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CGCV | Weight in VOO | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.89% | 4.30% | 1.59% |
| AAPLApple, Inc | 2.73% | 6.59% | 3.86% |
| NVDANvidia Corp. | 1.29% | 7.51% | 6.22% |
| AVGOBroadcom Inc | 4.48% | 2.77% | 1.71% |
| GOOGLAlphabet A Usd 0.001 | 2.26% | 3.25% | 0.99% |
| LLYEli Lilly & Co. | 3.31% | 1.47% | 1.84% |
| METAMeta Platforms, Inc. | 2.06% | 1.92% | 0.14% |
| JPMJpmorgan Chase & Co. | 2.51% | 1.26% | 1.25% |
| PMPhilip Morris International Inc. | 3.28% | 0.44% | 2.84% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.97% | 0.72% | 2.25% |
92.1% of CGCV is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGCV or VOO?
CGCV has an expense ratio of 0.33% while VOO charges 0.03%. VOO is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, CGCV or VOO?
Over the past year CGCV returned +11.07% vs +17.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.82% vs +17.75% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCV or VOO?
VOO has been the more volatile fund at 11.9% annualized versus 9.8% for CGCV. Worst drawdown: CGCV -13.1% vs VOO -18.7%.
Should I hold both CGCV and VOO?
CGCV and VOO have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CGCV and VOO?
92.1% of CGCV's money is in holdings VOO also owns. 46.4% of VOO's is in holdings CGCV also owns. They hold 66 positions in common, counted across the 73 positions we hold weights for in CGCV and 505 in VOO.
Which pays a higher dividend, CGCV or VOO?
CGCV yields 1.45% while VOO yields 1.04%, so CGCV currently pays the higher dividend yield.
Is VOO better than CGCV?
VOO has a lower expense ratio. VOO led over 1Y and the full window. CGCV is less concentrated, with 32.5% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.