BELT vs CGCV
iShares US Select Equity Active ETF vs Capital Group Conservative Equity ETF
Which is better, BELT or CGCV?
Each has led over a different period.
CGCV has a lower expense ratio. BELT led over 1Y, CGCV over the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 68.5%.
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 | BELT | CGCV |
|---|---|---|
| Expense Ratio | 0.75% | 0.33%Best |
| AUM | $10M | $2.1B |
| Dividend Yield | 0.02% | 1.59% |
| Holdings | 20 | 146 |
| Volatility (annualized) | 18.8% | 9.8%Best |
| Max Drawdown | -23.1% | -13.1%Best |
| $10,000 over 2.1 years | $13,231 | $13,946Best |
| Top 10 Weight | 68.5% | 33.0%Best |
| Fund Family | BlackRock, Inc. (US) | Capital Group (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 17, 2024 | Jun 25, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 63 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BELT has data through Aug 12, 2026 and CGCV through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Jun 27, 2024 to Aug 12, 2026 (2.1 years).
Risk: Volatility and Drawdowns
BELT has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 9.8% 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 -23.1% for BELT 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BELT charges 0.75% per year while CGCV charges 0.33%. On a $10,000 position that is $75 vs $33 annually, a gap of $42 per year that compounds over a long holding period. On income, BELT currently yields 0.02% against 1.59% for CGCV.
Holdings Overlap
25.9% of BELT's money is in holdings CGCV also owns. 15.0% of CGCV's money is in holdings BELT also owns.
BELT and CGCV share little of their money.
The two holdings books were reported 59 days apart, BELT as of Aug 5, 2026 and CGCV as of Oct 3, 2026, so some of the difference between them is the time between the two reports rather than the funds.
5 positions in common, counted across the 19 positions we hold weights for in BELT and 73 in CGCV, against full books of 20 and 146.
What only one of them owns
Our book lists 64 positions for CGCV that do not appear in our book for BELT (79.8% of the fund), and 12 for BELT that do not appear in CGCV (64.9%).
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.
25.9% of BELT 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, BELT or CGCV?
BELT has an expense ratio of 0.75% while CGCV charges 0.33%. CGCV is the cheaper option, by $42 a year on a $10,000 investment.
Which is riskier, BELT or CGCV?
BELT has been the more volatile fund at 18.8% annualized versus 9.8% for CGCV. Worst drawdown: BELT -23.1% vs CGCV -13.1%.
Should I hold both BELT and CGCV?
BELT and CGCV have a monthly-return correlation of 0.65, 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 BELT and CGCV?
25.9% of BELT's money is in holdings CGCV also owns. 15.0% of CGCV's is in holdings BELT also owns. They hold 5 positions in common, counted across the 19 positions we hold weights for in BELT and 73 in CGCV.
Which pays a higher dividend, BELT or CGCV?
BELT yields 0.02% while CGCV yields 1.59%, so CGCV currently pays the higher dividend yield.
Is CGCV better than BELT?
CGCV has a lower expense ratio. BELT led over 1Y, CGCV over the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 68.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.