CGDG vs IVV

CGDG vs IVV

Which is better, CGDG or IVV?

IVV has been ahead.

IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. CGDG is less concentrated, with 25.6% of the fund in its ten largest positions against 37.9%.

Lower Fees: IVVHigher Returns: IVVLess Concentrated: CGDG

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

MetricCGDGIVV
Expense Ratio0.47%0.03%Best
AUM$5.7B$876.4B
Dividend Yield2.22%1.06%
Holdings110508
YTD Return+7.44%+11.57%Best
1Y Return+13.05%+17.57%Best
3Y Return (annualized)+17.89%+20.71%Best
5Y Return (annualized)-+12.80%
Volatility (annualized)8.7%Best12.5%
Max Drawdown-10.5%Best-18.8%
$10,000 over 3 years$16,384$18,523Best
Top 10 Weight25.6%Best37.9%
Fund FamilyCapital Group (US)iShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionSep 26, 2023May 15, 2000

Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 28, 2023 to Sep 10, 2026 (3 years).

CGDG vs IVV 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 3 years both funds cover.

CGDG vs IVV Performance

Capital Group Dividend Growers ETF (CGDG) is an ETF from Capital Group (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CGDG returned +13.05% while IVV returned +17.57%. Year to date, CGDG is up 7.44% versus a gain of 11.57% for IVV.

Over three years, CGDG compounded at +17.89% per year against +20.71% for IVV.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 8.7% for CGDG. 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 -10.5% for CGDG and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CGDG charges 0.47% per year while IVV charges 0.03%. On a $10,000 position that is $47 vs $3 annually, a gap of $44 per year that compounds over a long holding period. On income, CGDG currently yields 2.22% against 1.06% for IVV.

Holdings Overlap

CGDG already in IVV45.2%
IVV already in CGDG20.7%

45.2% of CGDG's money is in holdings IVV also owns. 20.7% of IVV's money is in holdings CGDG also owns.

The two portfolios partly overlap.

40 positions in common, counted across the 103 positions we hold weights for in CGDG and 505 in IVV, against full books of 110 and 508.

What only one of them owns

Our book lists 455 positions for IVV that do not appear in our book for CGDG (78.7% of the fund), and 7 for CGDG that do not appear in IVV (6.0%).

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

StockWeight in CGDGWeight in IVVDifference
AVGOBroadcom Inc4.52%2.98%1.54%
MSFTMicrosoft Corp 4.100 Feb 06 370.93%5.44%4.51%
PMPhilip Morris International Inc.3.86%0.44%3.42%
JPMJpmorgan Chase & Co.1.17%1.45%0.28%
ABBVAbbvie Inc.1.86%0.65%1.21%
WELLWelltower Inc2.16%0.25%1.91%
RTXRaytheon Technologies Corp1.70%0.45%1.25%
XOMExxon Mobil Corp.0.95%0.94%0.01%
JNJJohnson & Johnson0.80%0.93%0.13%
MRKMerck & Co. Inc.1.23%0.48%0.75%

45.2% of CGDG is already inside IVV.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

CGDGIVV

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Frequently Asked Questions

Which is cheaper, CGDG or IVV?

CGDG has an expense ratio of 0.47% while IVV charges 0.03%. IVV is the cheaper option, by $44 a year on a $10,000 investment.

Which performed better, CGDG or IVV?

Over the past year CGDG returned +13.05% vs +17.57% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, CGDG or IVV?

IVV has been the more volatile fund at 12.5% annualized versus 8.7% for CGDG. Worst drawdown: CGDG -10.5% vs IVV -18.8%.

Should I hold both CGDG and IVV?

CGDG and IVV have a monthly-return correlation of 0.70, 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 CGDG and IVV?

45.2% of CGDG's money is in holdings IVV also owns. 20.7% of IVV's is in holdings CGDG also owns. They hold 40 positions in common, counted across the 103 positions we hold weights for in CGDG and 505 in IVV.

Which pays a higher dividend, CGDG or IVV?

CGDG yields 2.22% while IVV yields 1.06%, so CGDG currently pays the higher dividend yield.

Is IVV better than CGDG?

IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. CGDG is less concentrated, with 25.6% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.