AFLG vs CGCV
First Trust Active Factor Large Cap ETF vs Capital Group Conservative Equity ETF
Which is better, AFLG or CGCV?
AFLG has been ahead.
CGCV has a lower expense ratio. AFLG led over 1Y and the full window.
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 | AFLG | CGCV |
|---|---|---|
| Expense Ratio | 0.55% | 0.33%Best |
| AUM | $803M | $2.1B |
| Dividend Yield | 0.71% | 1.59% |
| Holdings | 435 | 146 |
| YTD Return | +15.28%Best | +9.26% |
| 1Y Return | +17.84%Best | +11.65% |
| 3Y Return (annualized) | +22.61% | - |
| 5Y Return (annualized) | +12.73% | - |
| Volatility (annualized) | 11.0% | 9.9%Best |
| Max Drawdown | -17.5% | -13.1%Best |
| $10,000 over 2.3 years | $14,496Best | $13,772 |
| Top 10 Weight | 33.0%Tie | 33.0%Tie |
| Fund Family | First Trust Portfolios (US) | Capital Group (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 4, 2019 | 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 15, 2026 (2.3 years).
AFLG 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.
AFLG vs CGCV Performance
First Trust Active Factor Large Cap ETF (AFLG) is an ETF from First Trust Portfolios (US) and Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US). Over the past year AFLG returned +17.84% while CGCV returned +11.65%. Year to date, AFLG is up 15.28% versus a gain of 9.26% for CGCV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AFLG has been the more volatile fund, with annualized monthly volatility of 11.0% 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 -17.5% for AFLG 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AFLG charges 0.55% per year while CGCV charges 0.33%. On a $10,000 position that is $55 vs $33 annually, a gap of $22 per year that compounds over a long holding period. On income, AFLG currently yields 0.71% against 1.59% for CGCV.
Holdings Overlap
36.4% of AFLG's money is in holdings CGCV also owns. 42.6% of CGCV's money is in holdings AFLG also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 218 positions we hold weights for in AFLG and 73 in CGCV, against full books of 435 and 146.
What only one of them owns
Our book lists 46 positions for CGCV that do not appear in our book for AFLG (52.1% of the fund), and 191 for AFLG that do not appear in CGCV (61.8%).
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 AFLG | Weight in CGCV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 4.00% | 6.20% | 2.20% |
| NVDANvidia Corp | 7.85% | 2.16% | 5.69% |
| AAPLApple, Inc | 6.58% | 3.07% | 3.51% |
| GOOGLAlphabet Inc | 5.62% | 1.91% | 3.71% |
| AVGOBroadcom Inc | 2.50% | 4.04% | 1.54% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.88% | 3.00% | 2.12% |
| METAMeta Platforms Inc | 0.79% | 2.72% | 1.93% |
| LLYEli Lilly & Co. | 0.21% | 3.00% | 2.79% |
| ABBVAbbvie Inc. | 0.38% | 2.66% | 2.28% |
| XOMExxonmobil Corp. | 0.98% | 1.92% | 0.94% |
42.6% of CGCV is already inside AFLG.
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, AFLG or CGCV?
AFLG has an expense ratio of 0.55% while CGCV charges 0.33%. CGCV is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, AFLG or CGCV?
Over the past year AFLG returned +17.84% vs +11.65% for CGCV, so AFLG leads on 1-year performance. Over the longest common window we track (2 years), AFLG annualized +17.52% vs +14.93% for CGCV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AFLG or CGCV?
AFLG has been the more volatile fund at 11.0% annualized versus 9.9% for CGCV. Worst drawdown: AFLG -17.5% vs CGCV -13.1%.
Should I hold both AFLG and CGCV?
AFLG and CGCV have a monthly-return correlation of 0.87, 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 AFLG and CGCV?
42.6% of CGCV's money is in holdings AFLG also owns. 42.6% of CGCV's is in holdings AFLG also owns. They hold 23 positions in common, counted across the 218 positions we hold weights for in AFLG and 73 in CGCV.
Which pays a higher dividend, AFLG or CGCV?
AFLG yields 0.71% while CGCV yields 1.59%, so CGCV currently pays the higher dividend yield.
Is CGCV better than AFLG?
CGCV has a lower expense ratio. AFLG led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.