ALRG vs CGCV
Allspring LT Large Core ETF vs Capital Group Conservative Equity ETF
Which is better, ALRG or CGCV?
ALRG has been ahead.
ALRG has a lower expense ratio. ALRG led over 1Y and the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 47.1%.
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 | ALRG | CGCV |
|---|---|---|
| Expense Ratio | 0.28%Best | 0.33% |
| AUM | $8M | $2.1B |
| Dividend Yield | 0.42% | 1.59% |
| Holdings | 51 | 146 |
| YTD Return | +13.91%Best | +8.70% |
| 1Y Return | +18.20%Best | +11.37% |
| Volatility (annualized) | 11.9% | 9.6%Best |
| Max Drawdown | -9.3% | -7.9%Best |
| $10,000 over 1.3 years | $12,860Best | $11,730 |
| Top 10 Weight | 47.1% | 33.0%Best |
| Fund Family | Allspring Global Investments | Capital Group (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 8, 2025 | Jun 25, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 8, 2025 to Oct 14, 2026 (1.3 years).
ALRG 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 1.3 years both funds cover.
ALRG vs CGCV Performance
Allspring LT Large Core ETF (ALRG) is an ETF from Allspring Global Investments and Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US). Over the past year ALRG returned +18.20% while CGCV returned +11.37%. Year to date, ALRG is up 13.91% versus a gain of 8.70% for CGCV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALRG has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 9.6% 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 -9.3% for ALRG and -7.9% 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ALRG charges 0.28% per year while CGCV charges 0.33%. On a $10,000 position that is $28 vs $33 annually, a gap of $5 per year that compounds over a long holding period. On income, ALRG currently yields 0.42% against 1.59% for CGCV.
Holdings Overlap
47.2% of ALRG's money is in holdings CGCV also owns. 40.3% of CGCV's money is in holdings ALRG also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 50 positions we hold weights for in ALRG and 73 in CGCV, against full books of 51 and 146.
What only one of them owns
Our book lists 51 positions for CGCV that do not appear in our book for ALRG (54.4% of the fund), and 26 for ALRG that do not appear in CGCV (42.5%).
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 ALRG | Weight in CGCV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 7.79% | 6.20% | 1.59% |
| AAPLApple, Inc | 8.81% | 3.07% | 5.74% |
| AVGOBroadcom Inc | 3.83% | 4.04% | 0.21% |
| NVDANvidia Corp | 5.43% | 2.16% | 3.27% |
| LLYEli Lilly & Co. | 2.68% | 3.00% | 0.32% |
| METAMeta Platforms Inc | 2.86% | 2.72% | 0.14% |
| JPMJpmorgan Chase | 2.59% | 2.40% | 0.19% |
| ABBVAbbvie Inc. | 1.77% | 2.66% | 0.89% |
| SBUXStarbucks Corp | 0.83% | 2.48% | 1.65% |
| MDLZMondelez International Inc Com A Npv | 1.17% | 2.01% | 0.84% |
47.2% of ALRG is already inside CGCV.
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, ALRG or CGCV?
ALRG has an expense ratio of 0.28% while CGCV charges 0.33%. ALRG is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, ALRG or CGCV?
Over the past year ALRG returned +18.20% vs +11.37% for CGCV, so ALRG leads on 1-year performance. Over the longest common window we track (1 years), ALRG annualized +21.35% vs +13.06% for CGCV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALRG or CGCV?
ALRG has been the more volatile fund at 11.9% annualized versus 9.6% for CGCV. Worst drawdown: ALRG -9.3% vs CGCV -7.9%.
Should I hold both ALRG and CGCV?
ALRG and CGCV have a monthly-return correlation of 0.68, 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 ALRG and CGCV?
47.2% of ALRG's money is in holdings CGCV also owns. 40.3% of CGCV's is in holdings ALRG also owns. They hold 18 positions in common, counted across the 50 positions we hold weights for in ALRG and 73 in CGCV.
Which pays a higher dividend, ALRG or CGCV?
ALRG yields 0.42% while CGCV yields 1.59%, so CGCV currently pays the higher dividend yield.
Is CGCV better than ALRG?
ALRG has a lower expense ratio. ALRG led over 1Y and the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.