CGDV vs VYM
Capital Group Dividend Value ETF vs Vanguard High Dividend Yield ETF
Which is better, CGDV or VYM?
CGDV has been ahead.
VYM has a lower expense ratio. CGDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. VYM is less concentrated, with 25.9% 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 | VYM |
|---|---|---|
| Expense Ratio | 0.33% | 0.04%Best |
| AUM | $39.1B | $81.6B |
| Dividend Yield | 1.19% | 2.24% |
| Holdings | 58 | 613 |
| YTD Return | +14.15% | +14.33%Best |
| 1Y Return | +22.20%Best | +20.01% |
| 3Y Return (annualized) | +24.06%Best | +18.43% |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 15.0% | 13.8%Best |
| Max Drawdown | -21.8% | -15.8%Best |
| $10,000 over 4.5 years | $21,547Best | $17,284 |
| Top 10 Weight | 43.1% | 25.9%Best |
| Fund Family | Capital Group (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Feb 22, 2022 | Nov 10, 2006 |
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 8, 2026 (4.5 years).
CGDV vs VYM 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 VYM Performance
Capital Group Dividend Value ETF (CGDV) is an ETF from Capital Group (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CGDV returned +22.20% while VYM returned +20.01%. Year to date, CGDV is up 14.15% versus a gain of 14.33% for VYM.
Over three years, CGDV compounded at +24.06% per year against +18.43% for VYM.
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 13.8% for VYM. 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 -15.8% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. 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 VYM charges 0.04%. On a $10,000 position that is $33 vs $4 annually, a gap of $29 per year that compounds over a long holding period. On income, CGDV currently yields 1.19% against 2.24% for VYM.
Holdings Overlap
42.2% of CGDV's money is in holdings VYM also owns. 29.1% of VYM's money is in holdings CGDV also owns.
The two portfolios partly overlap.
27 positions in common, counted across the 53 positions we hold weights for in CGDV and 602 in VYM, against full books of 58 and 613.
What only one of them owns
Our book lists 542 positions for VYM that do not appear in our book for CGDV (68.3% of the fund), and 20 for CGDV that do not appear in VYM (45.7%).
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 VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 5.15% | 7.29% | 2.14% |
| JPMJpmorgan Chase & Co. | 2.16% | 3.38% | 1.22% |
| CSCOCisco Systems Inc | 2.80% | 1.93% | 0.87% |
| ORCLOracle Corp. | 2.97% | 1.04% | 1.93% |
| XOMExxon Mobil Corp | 1.21% | 2.36% | 1.15% |
| ABBVAbbvie Inc. | 1.45% | 1.85% | 0.40% |
| UNPUnion Pacific Corp | 2.26% | 0.67% | 1.59% |
| SBUXStarbucks Corp 2.45 6/26 | 2.38% | 0.48% | 1.90% |
| CARRCarrier Global Corporation | 2.59% | 0.24% | 2.35% |
| CMCSACOMCAST CORP CLASS A | 2.37% | 0.36% | 2.01% |
42.2% of CGDV is already inside VYM.
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 VYM?
CGDV has an expense ratio of 0.33% while VYM charges 0.04%. VYM is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, CGDV or VYM?
Over the past year CGDV returned +22.20% vs +20.01% for VYM, 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 VYM?
CGDV has been the more volatile fund at 15.0% annualized versus 13.8% for VYM. Worst drawdown: CGDV -21.8% vs VYM -15.8%.
Should I hold both CGDV and VYM?
CGDV and VYM have a monthly-return correlation of 0.93, 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 VYM?
42.2% of CGDV's money is in holdings VYM also owns. 29.1% of VYM's is in holdings CGDV also owns. They hold 27 positions in common, counted across the 53 positions we hold weights for in CGDV and 602 in VYM.
Which pays a higher dividend, CGDV or VYM?
CGDV yields 1.19% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than CGDV?
VYM has a lower expense ratio. CGDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. VYM is less concentrated, with 25.9% 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.