CGV vs VYM
Conductor Global Equity Value ETF vs Vanguard High Dividend Yield ETF
Which is better, CGV or VYM?
Mid Cap Value against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. CGV is less concentrated, with 21.2% of the fund in its ten largest positions against 25.9%.
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 | CGV | VYM |
|---|---|---|
| Expense Ratio | 1.25% | 0.04%Best |
| AUM | $135M | $81.6B |
| Dividend Yield | 4.87% | 2.24% |
| Holdings | 82 | 613 |
| YTD Return | +12.79% | +15.29%Best |
| 1Y Return | +19.63% | +22.23%Best |
| 3Y Return (annualized) | +13.12% | +18.81%Best |
| 5Y Return (annualized) | - | +12.14% |
| Volatility (annualized) | 13.3%Tie | 13.3%Tie |
| Max Drawdown | -16.6% | -14.5%Best |
| $10,000 over 4.1 years | $14,792 | $17,441Best |
| Top 10 Weight | 21.2%Best | 25.9% |
| Fund Family | Conductor ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Apr 19, 2016 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 1, 2022 to Sep 3, 2026 (4.1 years).
CGV 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 4.1 years both funds cover.
CGV vs VYM Performance
Conductor Global Equity Value ETF (CGV) is an ETF from Conductor ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CGV returned +19.63% while VYM returned +22.23%. Year to date, CGV is up 12.79% versus a gain of 15.29% for VYM.
Over three years, CGV compounded at +13.12% per year against +18.81% for VYM. Across the full 4-year window we track, VYM has the edge at +14.53% annualized vs +10.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGV and VYM have been equally volatile, both at 13.3% annualized.
The deepest peak-to-trough decline in our data was -16.6% for CGV and -14.5% 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGV charges 1.25% per year while VYM charges 0.04%. On a $10,000 position that is $125 vs $4 annually, a gap of $121 per year that compounds over a long holding period. On income, CGV currently yields 4.87% against 2.24% for VYM.
Holdings Overlap
12.0% of CGV's money is in holdings VYM also owns. 1.1% of VYM's money is in holdings CGV also owns.
CGV and VYM share little of their money.
10 positions in common, counted across the 81 positions we hold weights for in CGV and 603 in VYM, against full books of 82 and 613.
What only one of them owns
Our book lists 560 positions for VYM that do not appear in our book for CGV (96.3% of the fund), and 4 for CGV that do not appear in VYM (5.4%).
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 CGV | Weight in VYM | Difference |
|---|---|---|---|
| CVSCvs Health Corp. | 1.28% | 0.55% | 0.73% |
| BFHBread Financial Holdings, Inc. | 1.59% | 0.02% | 1.57% |
| WLYJohn Wiley & Sons Inc | 1.45% | 0.01% | 1.44% |
| APAApa Corp | 1.38% | 0.05% | 1.33% |
| SONSonoco Products Company | 1.23% | 0.02% | 1.21% |
| OVVOvintiv Inc. | 1.13% | 0.06% | 1.07% |
| OXYOccidental Petroleum Corp. | 0.99% | 0.15% | 0.84% |
| HALHalliburton Co. | 0.98% | 0.12% | 0.86% |
| BGBunge Global Sa Common Shares | 1.03% | 0.06% | 0.97% |
| SMSm Energy Co | 0.91% | 0.03% | 0.88% |
You are not choosing between two funds in isolation.
Whichever of CGV and VYM 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, CGV or VYM?
CGV has an expense ratio of 1.25% while VYM charges 0.04%. VYM is the cheaper option, by $121 a year on a $10,000 investment.
Which performed better, CGV or VYM?
Over the past year CGV returned +19.63% vs +22.23% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), CGV annualized +10.02% vs +14.53% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGV or VYM?
CGV and VYM have been equally volatile, both at 13.3% annualized. Worst drawdown: CGV -16.6% vs VYM -14.5%.
Should I hold both CGV and VYM?
CGV and VYM have a monthly-return correlation of 0.67, 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 CGV and VYM?
12.0% of CGV's money is in holdings VYM also owns. 1.1% of VYM's is in holdings CGV also owns. They hold 10 positions in common, counted across the 81 positions we hold weights for in CGV and 603 in VYM.
Which pays a higher dividend, CGV or VYM?
CGV yields 4.87% while VYM yields 2.24%, so CGV currently pays the higher dividend yield.
Is VYM better than CGV?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. CGV is less concentrated, with 21.2% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.