CGDV vs SCHD
Capital Group Dividend Value ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | CGDV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.33% | 0.06% | |
| AUM | $36.8B | $103.7B | |
| Dividend Yield | 1.19% | 3.31% | |
| Holdings | 57 | 104 | |
| YTD Return | +17.33% | +24.26% | |
| 1Y Return | +28.61% | +31.38% | |
| 3Y Return (annualized) | +24.58% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 15.2% | 13.6% | |
| Max Drawdown | -21.8% | -33.4% | |
| Fund Family | Capital Group (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Feb 22, 2022 | Oct 20, 2011 |
CGDV vs SCHD Performance
Capital Group Dividend Value ETF (CGDV) is a ETF from Capital Group (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CGDV returned +28.61% while SCHD returned +31.38%. Year to date, CGDV is up 17.33% versus a gain of 24.26% for SCHD.
Over three years, CGDV compounded at +24.58% per year against +15.08% for SCHD. Across the full 4-year window we track, CGDV has the edge at +19.74% annualized vs +11.39%. 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 13.6% 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 -33.4% for SCHD. 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 0.82. 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 3.31% for SCHD.
Holdings Overlap
CGDV and SCHD share 5 holdings out of 148 unique holdings combined, representing a 5.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $27 per year of difference.
Which performed better, CGDV or SCHD?
Over the past year CGDV returned +28.61% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), CGDV annualized +19.74% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, CGDV or SCHD?
CGDV has been the more volatile fund at 15.2% annualized versus 13.6% for SCHD. Worst drawdown: CGDV -21.8% vs SCHD -33.4%.
Should I hold both CGDV and SCHD?
CGDV and SCHD have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CGDV and SCHD?
CGDV and SCHD share 5 common holdings with a 5.5% weight overlap. Combined, they hold 148 unique securities.
Which pays a higher dividend, CGDV or SCHD?
CGDV yields 1.19% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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