CGDV vs SCHD
Capital Group Dividend Value ETF vs Schwab US Dividend Equity ETF
Which is better, CGDV or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. CGDV led over 3Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 43.1%.
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 | CGDV | SCHD |
|---|---|---|
| Expense Ratio | 0.33% | 0.06%Best |
| AUM | $39.1B | $112.2B |
| Dividend Yield | 1.19% | 3.13% |
| Holdings | 58 | 103 |
| YTD Return | +14.54% | +27.56%Best |
| 1Y Return | +22.67% | +30.29%Best |
| 3Y Return (annualized) | +24.15%Best | +16.37% |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 15.0% | 14.8%Best |
| Max Drawdown | -21.8% | -16.1%Best |
| $10,000 over 4.5 years | $21,661Best | $16,301 |
| Top 10 Weight | 43.1% | 41.5%Best |
| Fund Family | Capital Group (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Feb 22, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Feb 24, 2022 to Sep 4, 2026 (4.5 years).
CGDV 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 4.5 years both funds cover.
CGDV vs SCHD Performance
Capital Group Dividend Value ETF (CGDV) 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 CGDV returned +22.67% while SCHD returned +30.29%. Year to date, CGDV is up 14.54% versus a gain of 27.56% for SCHD.
Over three years, CGDV compounded at +24.15% per year against +16.37% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGDV has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 14.8% for SCHD. 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 -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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGDV charges 0.33% per year while SCHD charges 0.06%. On a $10,000 position that is $33 vs $6 annually, a gap of $27 per year that compounds over a long holding period. On income, CGDV currently yields 1.19% against 3.13% for SCHD.
Holdings Overlap
5.7% of CGDV's money is in holdings SCHD also owns. 18.6% of SCHD's money is in holdings CGDV also owns.
SCHD and CGDV share little of their money.
5 positions in common, counted across the 53 positions we hold weights for in CGDV and 100 in SCHD, against full books of 58 and 103.
What only one of them owns
Our book lists 93 positions for SCHD that do not appear in our book for CGDV (81.1% of the fund), and 42 for CGDV that do not appear in SCHD (85.1%).
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.
You are not choosing between two funds in isolation.
Whichever of CGDV and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGDV or SCHD?
CGDV has an expense ratio of 0.33% while SCHD charges 0.06%. SCHD is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, CGDV or SCHD?
Over the past year CGDV returned +22.67% vs +30.29% 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, CGDV or SCHD?
CGDV has been the more volatile fund at 15.0% annualized versus 14.8% for SCHD. Worst drawdown: CGDV -21.8% vs SCHD -16.1%.
Should I hold both CGDV and SCHD?
CGDV and SCHD have a monthly-return correlation of 0.81, 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 CGDV and SCHD?
18.6% of SCHD's money is in holdings CGDV also owns. 18.6% of SCHD's is in holdings CGDV also owns. They hold 5 positions in common, counted across the 53 positions we hold weights for in CGDV and 100 in SCHD.
Which pays a higher dividend, CGDV or SCHD?
CGDV yields 1.19% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CGDV?
SCHD has a lower expense ratio. CGDV led over 3Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 43.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.