CGCV vs GDE
Capital Group Conservative Equity ETF vs WisdomTree Efficient Gold Plus Equity Strategy Fund
Which is better, CGCV or GDE?
Each has led over a different period.
GDE has a lower expense ratio. CGCV led over 1Y, GDE over 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 | CGCV | GDE |
|---|---|---|
| Expense Ratio | 0.33% | 0.20%Best |
| AUM | $2.1B | $462M |
| Dividend Yield | 1.59% | 4.19% |
| Holdings | 146 | 506 |
| YTD Return | +9.26%Best | +4.34% |
| 1Y Return | +11.65%Best | +8.82% |
| 3Y Return (annualized) | - | +44.38% |
| Volatility (annualized) | 9.9%Best | 20.9% |
| Max Drawdown | -13.1%Best | -22.7% |
| $10,000 over 2.3 years | $13,772 | $21,179Best |
| Fund Family | Capital Group (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Mar 17, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
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).
CGCV vs GDE 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 GDE Performance
Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is an ETF from WisdomTree Investments. Over the past year CGCV returned +11.65% while GDE returned +8.82%. Year to date, CGCV is up 9.26% versus a gain of 4.34% for GDE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDE has been the more volatile fund, with annualized monthly volatility of 20.9% 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 -22.7% for GDE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGCV charges 0.33% per year while GDE charges 0.20%. On a $10,000 position that is $33 vs $20 annually, a gap of $13 per year that compounds over a long holding period. On income, CGCV currently yields 1.59% against 4.19% for GDE.
Holdings Overlap
At least 85.6% of CGCV's money is in holdings GDE also owns.
Stated as a floor: for GDE, our book for it covers 93.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of CGCV is already inside GDE. Owning both mostly buys the same companies twice.
61 positions in common, counted across the 73 positions we hold weights for in CGCV and 492 in GDE, against full books of 146 and 506.
Top Shared Holdings
| Stock | Weight in CGCV | Weight in GDE | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.20% | 5.26% | 0.94% |
| AAPLApple, Inc | 3.07% | 7.10% | 4.03% |
| NVDANvidia Corp | 2.16% | 7.39% | 5.23% |
| GOOGLAlphabet Inc | 1.91% | 5.94% | 4.03% |
| AVGOBroadcom Inc | 4.04% | 2.14% | 1.90% |
| METAMeta Platforms Inc | 2.72% | 2.31% | 0.41% |
| LLYEli Lilly & Co. | 3.00% | 1.57% | 1.43% |
| PMPhilip Morris International Inc. | 3.41% | 0.44% | 2.97% |
| JPMJpmorgan Chase | 2.40% | 1.34% | 1.06% |
| CSCOCisco Systems Inc. - Ordinary Shares | 3.00% | 0.61% | 2.39% |
85.6% of CGCV is already inside GDE.
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 GDE?
CGCV has an expense ratio of 0.33% while GDE charges 0.20%. GDE is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, CGCV or GDE?
Over the past year CGCV returned +11.65% vs +8.82% for GDE, so CGCV leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.93% vs +38.58% for GDE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCV or GDE?
GDE has been the more volatile fund at 20.9% annualized versus 9.9% for CGCV. Worst drawdown: CGCV -13.1% vs GDE -22.7%.
Should I hold both CGCV and GDE?
CGCV and GDE have a monthly-return correlation of 0.52, 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 GDE?
At least 85.6% of CGCV's money is in holdings GDE also owns. Our book for GDE is partial, so the real figure is this or higher. They hold 61 positions in common, counted across the 73 positions we hold weights for in CGCV and 492 in GDE.
Which pays a higher dividend, CGCV or GDE?
CGCV yields 1.59% while GDE yields 4.19%, so GDE currently pays the higher dividend yield.
Is GDE better than CGCV?
GDE has a lower expense ratio. CGCV led over 1Y, GDE over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.