CGCV vs GCAD
Capital Group Conservative Equity ETF vs Gabelli Commercial Aerospace and Defense Fund
Which is better, CGCV or GCAD?
Each has led over a different period.
GCAD has a lower expense ratio. CGCV led over 1Y, GCAD over the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 49.3%.
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 | GCAD |
|---|---|---|
| Expense Ratio | 0.33% | 0.00%Best |
| AUM | $2.1B | $43M |
| Dividend Yield | 1.59% | 1.98% |
| Holdings | 146 | 55 |
| YTD Return | +8.70%Best | +1.42% |
| 1Y Return | +11.37%Best | +7.79% |
| 3Y Return (annualized) | - | +28.66% |
| Volatility (annualized) | 9.9%Best | 18.4% |
| Max Drawdown | -13.1%Best | -17.5% |
| $10,000 over 2.3 years | $13,706 | $16,150Best |
| Top 10 Weight | 33.0%Best | 49.3% |
| Fund Family | Capital Group (US) | Gabelli Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Jan 3, 2023 |
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 GCAD 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 GCAD Performance
Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and Gabelli Commercial Aerospace and Defense Fund (GCAD) is an ETF from Gabelli Funds. Over the past year CGCV returned +11.37% while GCAD returned +7.79%. Year to date, CGCV is up 8.70% versus a gain of 1.42% for GCAD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GCAD has been the more volatile fund, with annualized monthly volatility of 18.4% 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 -17.5% for GCAD. 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
CGCV charges 0.33% per year while GCAD charges 0.00%. On a $10,000 position that is $33 vs $0 annually, a gap of $33 per year that compounds over a long holding period. On income, CGCV currently yields 1.59% against 1.98% for GCAD.
Holdings Overlap
3.7% of CGCV's money is in holdings GCAD also owns. 6.0% of GCAD's money is in holdings CGCV also owns.
GCAD and CGCV share little of their money.
2 positions in common, counted across the 73 positions we hold weights for in CGCV and 51 in GCAD, against full books of 146 and 55.
What only one of them owns
Our book lists 41 positions for GCAD that do not appear in our book for CGCV (85.3% of the fund), and 67 for CGCV that do not appear in GCAD (91.1%).
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.
You are not choosing between two funds in isolation.
Whichever of CGCV and GCAD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGCV or GCAD?
CGCV has an expense ratio of 0.33% while GCAD charges 0.00%. GCAD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, CGCV or GCAD?
Over the past year CGCV returned +11.37% vs +7.79% for GCAD, so CGCV leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.69% vs +23.17% for GCAD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCV or GCAD?
GCAD has been the more volatile fund at 18.4% annualized versus 9.9% for CGCV. Worst drawdown: CGCV -13.1% vs GCAD -17.5%.
Should I hold both CGCV and GCAD?
CGCV and GCAD 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 CGCV and GCAD?
6.0% of GCAD's money is in holdings CGCV also owns. 6.0% of GCAD's is in holdings CGCV also owns. They hold 2 positions in common, counted across the 73 positions we hold weights for in CGCV and 51 in GCAD.
Which pays a higher dividend, CGCV or GCAD?
CGCV yields 1.59% while GCAD yields 1.98%, so GCAD currently pays the higher dividend yield.
Is GCAD better than CGCV?
GCAD has a lower expense ratio. CGCV led over 1Y, GCAD over the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 49.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.