CGDV vs IVV
Capital Group Dividend Value ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. CGDV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | CGDV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.33% | 0.03% | |
| AUM | $36.8B | $865.2B | |
| Dividend Yield | 1.19% | 1.09% | |
| Holdings | 57 | 508 | |
| YTD Return | +16.94% | +13.43% | |
| 1Y Return | +27.93% | +22.61% | |
| 3Y Return (annualized) | +24.74% | +21.47% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 15.2% | 15.1% | |
| Max Drawdown | -21.8% | -56.5% | |
| Fund Family | Capital Group (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Feb 22, 2022 | May 15, 2000 |
CGDV vs IVV Performance
Capital Group Dividend Value ETF (CGDV) is a ETF from Capital Group (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CGDV returned +27.93% while IVV returned +22.61%. Year to date, CGDV is up 16.94% versus a gain of 13.43% for IVV.
Over three years, CGDV compounded at +24.74% per year against +21.47% for IVV. Across the full 5-year window we track, CGDV has the edge at +19.60% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGDV has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 15.1% for IVV. 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 -21.8% for CGDV and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGDV charges 0.33% per year while IVV 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, CGDV currently yields 1.19% against 1.09% for IVV.
Holdings Overlap
CGDV and IVV share 47 holdings out of 511 unique holdings combined, representing a 38.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CGDV or IVV?
CGDV has an expense ratio of 0.33% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, CGDV or IVV?
Over the past year CGDV returned +27.93% vs +22.61% for IVV, so CGDV leads on 1-year performance. Over the longest common window we track (5 years), CGDV annualized +19.60% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, CGDV or IVV?
CGDV has been the more volatile fund at 15.2% annualized versus 15.1% for IVV. Worst drawdown: CGDV -21.8% vs IVV -56.5%.
Should I hold both CGDV and IVV?
CGDV and IVV have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between CGDV and IVV?
CGDV and IVV share 47 common holdings with a 38.0% weight overlap. Combined, they hold 511 unique securities.
Which pays a higher dividend, CGDV or IVV?
CGDV yields 1.19% while IVV yields 1.09%, so CGDV currently pays the higher dividend yield.
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