ACLC vs CGCV
American Century Large Cap Equity ETF vs Capital Group Conservative Equity ETF
Which is better, ACLC or CGCV?
Each has led over a different period.
CGCV has a lower expense ratio. ACLC led over 1Y, CGCV over the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 38.7%.
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 | ACLC | CGCV |
|---|---|---|
| Expense Ratio | 0.39% | 0.33%Best |
| AUM | $336M | $2.1B |
| Dividend Yield | 0.56% | 1.59% |
| Holdings | 101 | 146 |
| YTD Return | +10.23%Best | +8.70% |
| 1Y Return | +13.17%Best | +11.37% |
| 3Y Return (annualized) | +17.50% | - |
| 5Y Return (annualized) | +9.85% | - |
| Volatility (annualized) | 12.5% | 9.9%Best |
| Max Drawdown | -20.5% | -13.1%Best |
| $10,000 over 2.3 years | $12,954 | $13,706Best |
| Top 10 Weight | 38.7% | 33.0%Best |
| Fund Family | American Century Investments | Capital Group (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2020 | Jun 25, 2024 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 27, 2024 to Oct 14, 2026 (2.3 years).
ACLC vs CGCV 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 2.3 years both funds cover.
ACLC vs CGCV Performance
American Century Large Cap Equity ETF (ACLC) is an ETF from American Century Investments and Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US). Over the past year ACLC returned +13.17% while CGCV returned +11.37%. Year to date, ACLC is up 10.23% versus a gain of 8.70% for CGCV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACLC has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 9.9% for CGCV. 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 -20.5% for ACLC and -13.1% for CGCV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACLC charges 0.39% per year while CGCV charges 0.33%. On a $10,000 position that is $39 vs $33 annually, a gap of $6 per year that compounds over a long holding period. On income, ACLC currently yields 0.56% against 1.59% for CGCV.
Holdings Overlap
50.8% of ACLC's money is in holdings CGCV also owns. 52.0% of CGCV's money is in holdings ACLC also owns.
The two portfolios partly overlap.
30 positions in common, counted across the 100 positions we hold weights for in ACLC and 73 in CGCV, against full books of 101 and 146.
What only one of them owns
Our book lists 40 positions for CGCV that do not appear in our book for ACLC (44.9% of the fund), and 69 for ACLC that do not appear in CGCV (48.4%).
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 ACLC | Weight in CGCV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.54% | 6.20% | 0.66% |
| NVDANvidia Corp | 8.10% | 2.16% | 5.94% |
| GOOGLAlphabet Inc | 6.53% | 1.91% | 4.62% |
| AAPLApple, Inc | 4.75% | 3.07% | 1.68% |
| AVGOBroadcom Inc | 3.27% | 4.04% | 0.77% |
| LLYEli Lilly & Co. | 1.65% | 3.00% | 1.35% |
| METAMeta Platforms Inc | 1.52% | 2.72% | 1.20% |
| JPMJpmorgan Chase | 1.54% | 2.40% | 0.86% |
| ABBVAbbvie Inc. | 1.02% | 2.66% | 1.64% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.36% | 3.00% | 2.64% |
52.0% of CGCV is already inside ACLC.
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, ACLC or CGCV?
ACLC has an expense ratio of 0.39% while CGCV charges 0.33%. CGCV is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, ACLC or CGCV?
Over the past year ACLC returned +13.17% vs +11.37% for CGCV, so ACLC leads on 1-year performance. Over the longest common window we track (2 years), ACLC annualized +11.91% vs +14.69% for CGCV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACLC or CGCV?
ACLC has been the more volatile fund at 12.5% annualized versus 9.9% for CGCV. Worst drawdown: ACLC -20.5% vs CGCV -13.1%.
Should I hold both ACLC and CGCV?
ACLC and CGCV have a monthly-return correlation of 0.78, 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 ACLC and CGCV?
52.0% of CGCV's money is in holdings ACLC also owns. 52.0% of CGCV's is in holdings ACLC also owns. They hold 30 positions in common, counted across the 100 positions we hold weights for in ACLC and 73 in CGCV.
Which pays a higher dividend, ACLC or CGCV?
ACLC yields 0.56% while CGCV yields 1.59%, so CGCV currently pays the higher dividend yield.
Is CGCV better than ACLC?
CGCV has a lower expense ratio. ACLC led over 1Y, CGCV over the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 38.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.