CGCV vs EQTY
Capital Group Conservative Equity ETF vs Kovitz Core Equity ETF
Which is better, CGCV or EQTY?
Each has led over a different period.
CGCV has a lower expense ratio. CGCV led over the full window, EQTY over 1Y. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 42.4%.
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 | CGCV | EQTY |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.99% |
| AUM | $2.1B | $1.4B |
| Dividend Yield | 1.59% | 0.02% |
| Holdings | 146 | 39 |
| YTD Return | +8.70% | +8.78%Best |
| 1Y Return | +11.37% | +13.61%Best |
| 3Y Return (annualized) | - | +17.28% |
| Volatility (annualized) | 9.9%Best | 11.5% |
| Max Drawdown | -13.1%Best | -17.3% |
| $10,000 over 2.3 years | $13,706Best | $13,583 |
| Top 10 Weight | 33.0%Best | 42.4% |
| Fund Family | Capital Group (US) | Kovitz Investment Group |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Dec 28, 2011 |
Not shown on this pair: 5Y Return (annualized).
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).
CGCV vs EQTY 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.
CGCV vs EQTY Performance
Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and Kovitz Core Equity ETF (EQTY) is an ETF from Kovitz Investment Group. Over the past year CGCV returned +11.37% while EQTY returned +13.61%. Year to date, CGCV is up 8.70% versus a gain of 8.78% for EQTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EQTY has been the more volatile fund, with annualized monthly volatility of 11.5% 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 -13.1% for CGCV and -17.3% for EQTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGCV charges 0.33% per year while EQTY charges 0.99%. On a $10,000 position that is $33 vs $99 annually, a gap of $66 per year that compounds over a long holding period. On income, CGCV currently yields 1.59% against 0.02% for EQTY.
Holdings Overlap
21.7% of CGCV's money is in holdings EQTY also owns. 26.3% of EQTY's money is in holdings CGCV also owns.
EQTY and CGCV share little of their money.
9 positions in common, counted across the 73 positions we hold weights for in CGCV and 38 in EQTY, against full books of 146 and 39.
What only one of them owns
Our book lists 28 positions for EQTY that do not appear in our book for CGCV (69.3% of the fund), and 60 for CGCV that do not appear in EQTY (73.1%).
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 CGCV | Weight in EQTY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.20% | 5.09% | 1.11% |
| PMPhilip Morris International Inc. | 3.41% | 4.08% | 0.67% |
| METAMeta Platforms Inc | 2.72% | 3.25% | 0.53% |
| CARRCarrier Global Corporation | 1.57% | 3.65% | 2.08% |
| AAPLApple, Inc | 3.07% | 1.72% | 1.35% |
| DHRDanaher Corporation | 0.76% | 3.66% | 2.90% |
| AMATApplied Materials, Inc. | 1.45% | 2.05% | 0.60% |
| GOOGLAlphabet Inc | 1.91% | 0.85% | 1.06% |
| EOGEog Resources Inc | 0.60% | 1.91% | 1.31% |
26.3% of EQTY 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, CGCV or EQTY?
CGCV has an expense ratio of 0.33% while EQTY charges 0.99%. CGCV is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, CGCV or EQTY?
Over the past year CGCV returned +11.37% vs +13.61% for EQTY, so EQTY leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.69% vs +14.24% for EQTY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCV or EQTY?
EQTY has been the more volatile fund at 11.5% annualized versus 9.9% for CGCV. Worst drawdown: CGCV -13.1% vs EQTY -17.3%.
Should I hold both CGCV and EQTY?
CGCV and EQTY have a monthly-return correlation of 0.83, 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 CGCV and EQTY?
26.3% of EQTY's money is in holdings CGCV also owns. 26.3% of EQTY's is in holdings CGCV also owns. They hold 9 positions in common, counted across the 73 positions we hold weights for in CGCV and 38 in EQTY.
Which pays a higher dividend, CGCV or EQTY?
CGCV yields 1.59% while EQTY yields 0.02%, so CGCV currently pays the higher dividend yield.
Is EQTY better than CGCV?
CGCV has a lower expense ratio. CGCV led over the full window, EQTY over 1Y. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 42.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.