CGDG vs SCHD
Capital Group Dividend Growers ETF vs Schwab US Dividend Equity ETF
Which is better, CGDG or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. CGDG led over 3Y and the full window, SCHD over 1Y. CGDG is less concentrated, with 25.6% of the fund in its ten largest positions against 41.8%.
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 | CGDG | SCHD |
|---|---|---|
| Expense Ratio | 0.47% | 0.06%Best |
| AUM | $5.7B | $112.1B |
| Dividend Yield | 2.22% | 3.00% |
| Holdings | 110 | 103 |
| YTD Return | +7.44% | +24.59%Best |
| 1Y Return | +13.05% | +28.14%Best |
| 3Y Return (annualized) | +17.89%Best | +15.58% |
| 5Y Return (annualized) | - | +9.90% |
| Volatility (annualized) | 8.7%Best | 13.3% |
| Max Drawdown | -10.5%Best | -16.1% |
| $10,000 over 3 years | $16,384Best | $16,016 |
| Top 10 Weight | 25.6%Best | 41.8% |
| Fund Family | Capital Group (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 26, 2023 | Oct 20, 2011 |
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 SCHD 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 SCHD Performance
Capital Group Dividend Growers ETF (CGDG) is an ETF from Capital Group (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CGDG returned +13.05% while SCHD returned +28.14%. Year to date, CGDG is up 7.44% versus a gain of 24.59% for SCHD.
Over three years, CGDG compounded at +17.89% per year against +15.58% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.3% 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 -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGDG charges 0.47% per year while SCHD charges 0.06%. On a $10,000 position that is $47 vs $6 annually, a gap of $41 per year that compounds over a long holding period. On income, CGDG currently yields 2.22% against 3.00% for SCHD.
Holdings Overlap
9.3% of CGDG's money is in holdings SCHD also owns. 33.1% of SCHD's money is in holdings CGDG also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 103 positions we hold weights for in CGDG and 100 in SCHD, against full books of 110 and 103.
What only one of them owns
Our book lists 88 positions for SCHD that do not appear in our book for CGDG (66.8% of the fund), and 36 for CGDG that do not appear in SCHD (41.9%).
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 CGDG | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 1.23% | 4.77% | 3.54% |
| ABTAbbott Laboratories | 0.74% | 4.69% | 3.95% |
| AMGNAmgen Inc. | 0.62% | 4.70% | 4.08% |
| COPConocophillips Co | 1.10% | 3.94% | 2.84% |
| KOCoca Cola Co. | 0.50% | 4.17% | 3.67% |
| HDHome Depot Inc/The | 0.74% | 3.88% | 3.14% |
| UNHUnitedhealth Group Inc. | 0.65% | 3.82% | 3.17% |
| OKEOneok Inc. | 1.40% | 1.47% | 0.07% |
| PAYXPaychex, Inc. | 1.21% | 1.00% | 0.21% |
| EWBCEast West Bancorp, Inc. | 0.55% | 0.42% | 0.13% |
33.1% of SCHD is already inside CGDG.
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, CGDG or SCHD?
CGDG has an expense ratio of 0.47% while SCHD charges 0.06%. SCHD is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, CGDG or SCHD?
Over the past year CGDG returned +13.05% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGDG or SCHD?
SCHD has been the more volatile fund at 13.3% annualized versus 8.7% for CGDG. Worst drawdown: CGDG -10.5% vs SCHD -16.1%.
Should I hold both CGDG and SCHD?
CGDG and SCHD have a monthly-return correlation of 0.69, 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 SCHD?
33.1% of SCHD's money is in holdings CGDG also owns. 33.1% of SCHD's is in holdings CGDG also owns. They hold 11 positions in common, counted across the 103 positions we hold weights for in CGDG and 100 in SCHD.
Which pays a higher dividend, CGDG or SCHD?
CGDG yields 2.22% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CGDG?
SCHD has a lower expense ratio. CGDG led over 3Y and the full window, SCHD over 1Y. CGDG is less concentrated, with 25.6% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.