CGDV vs VYM
Capital Group Dividend Value ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. CGDV delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | CGDV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.33% | 0.04% | |
| AUM | $36.8B | $79.0B | |
| Dividend Yield | 1.19% | 2.86% | |
| Holdings | 57 | 568 | |
| YTD Return | +17.13% | +16.10% | |
| 1Y Return | +28.13% | +25.99% | |
| 3Y Return (annualized) | +24.97% | +18.29% | |
| 5Y Return (annualized) | - | +12.35% | |
| Volatility (annualized) | 15.2% | 14.6% | |
| Max Drawdown | -21.8% | -58.8% | |
| Fund Family | Capital Group (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Feb 22, 2022 | Nov 10, 2006 |
CGDV vs VYM Performance
Capital Group Dividend Value ETF (CGDV) is a ETF from Capital Group (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year CGDV returned +28.13% while VYM returned +25.99%. Year to date, CGDV is up 17.13% versus a gain of 16.10% for VYM.
Over three years, CGDV compounded at +24.97% per year against +18.29% for VYM. Across the full 5-year window we track, CGDV has the edge at +19.65% annualized vs +7.08%. 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 14.6% 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 -58.8% for VYM. 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 0.93. 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 2.86% for VYM.
Holdings Overlap
CGDV and VYM share 26 holdings out of 585 unique holdings combined, representing a 23.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $29 per year of difference.
Which performed better, CGDV or VYM?
Over the past year CGDV returned +28.13% vs +25.99% for VYM, so CGDV leads on 1-year performance. Over the longest common window we track (5 years), CGDV annualized +19.65% vs +7.08% for VYM. Past performance does not guarantee future results.
Which is riskier, CGDV or VYM?
CGDV has been the more volatile fund at 15.2% annualized versus 14.6% for VYM. Worst drawdown: CGDV -21.8% vs VYM -58.8%.
Should I hold both CGDV and VYM?
CGDV and VYM have a monthly-return correlation of 0.93, 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 VYM?
CGDV and VYM share 26 common holdings with a 23.4% weight overlap. Combined, they hold 585 unique securities.
Which pays a higher dividend, CGDV or VYM?
CGDV yields 1.19% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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