CGDV vs VOO
Capital Group Dividend Value ETF vs Vanguard S&P 500 ETF
Which is better, CGDV or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. CGDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. VOO is less concentrated, with 36.4% 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 | VOO |
|---|---|---|
| Expense Ratio | 0.33% | 0.03%Best |
| AUM | $39.1B | $997.4B |
| Dividend Yield | 1.19% | 1.08% |
| Holdings | 58 | 509 |
| YTD Return | +14.54%Best | +13.37% |
| 1Y Return | +22.67%Best | +20.08% |
| 3Y Return (annualized) | +24.15%Best | +21.29% |
| 5Y Return (annualized) | - | +12.89% |
| Volatility (annualized) | 15.0%Best | 15.6% |
| Max Drawdown | -21.8%Best | -22.1% |
| $10,000 over 4.5 years | $21,661Best | $19,096 |
| Top 10 Weight | 43.1% | 36.4%Best |
| Fund Family | Capital Group (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Feb 22, 2022 | Sep 7, 2010 |
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 VOO 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 VOO Performance
Capital Group Dividend Value ETF (CGDV) is an ETF from Capital Group (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year CGDV returned +22.67% while VOO returned +20.08%. Year to date, CGDV is up 14.54% versus a gain of 13.37% for VOO.
Over three years, CGDV compounded at +24.15% per year against +21.29% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 15.0% for CGDV. 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 -22.1% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 VOO 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 1.08% for VOO.
Holdings Overlap
91.3% of CGDV's money is in holdings VOO also owns. 46.8% of VOO's money is in holdings CGDV also owns.
Most of CGDV is already inside VOO. Owning both mostly buys the same companies twice.
47 positions in common, counted across the 53 positions we hold weights for in CGDV and 505 in VOO, against full books of 58 and 509.
What only one of them owns
Our book lists 451 positions for VOO that do not appear in our book for CGDV (52.8% of the fund), and 1 for CGDV that do not appear in VOO (0.8%).
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 CGDV | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 6.13% | 7.51% | 1.38% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 7.17% | 4.30% | 2.87% |
| AAPLApple, Inc | 2.12% | 6.59% | 4.47% |
| AVGOBroadcom Inc | 5.15% | 2.77% | 2.38% |
| GOOGLAlphabet Inc.Class A | 3.71% | 3.25% | 0.46% |
| METAMeta Platform Inc | 4.30% | 1.92% | 2.38% |
| AMZNAmazon.Com Inc | 2.05% | 3.62% | 1.57% |
| RCLRoyal Caribbean Cruises | 4.15% | 0.12% | 4.03% |
| GEGeneral Electric Co. | 3.39% | 0.60% | 2.79% |
| RTXRaytheon Co. | 3.31% | 0.40% | 2.91% |
91.3% of CGDV is already inside VOO.
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, CGDV or VOO?
CGDV has an expense ratio of 0.33% while VOO charges 0.03%. VOO is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, CGDV or VOO?
Over the past year CGDV returned +22.67% vs +20.08% for VOO, so CGDV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGDV or VOO?
VOO has been the more volatile fund at 15.6% annualized versus 15.0% for CGDV. Worst drawdown: CGDV -21.8% vs VOO -22.1%.
Should I hold both CGDV and VOO?
CGDV and VOO have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between CGDV and VOO?
91.3% of CGDV's money is in holdings VOO also owns. 46.8% of VOO's is in holdings CGDV also owns. They hold 47 positions in common, counted across the 53 positions we hold weights for in CGDV and 505 in VOO.
Which pays a higher dividend, CGDV or VOO?
CGDV yields 1.19% while VOO yields 1.08%, so CGDV currently pays the higher dividend yield.
Is VOO better than CGDV?
VOO has a lower expense ratio. CGDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. VOO is less concentrated, with 36.4% 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.