CGCV vs GDV
Capital Group Conservative Equity ETF vs Gabelli Dividend & Income Trust
Which is better, CGCV or GDV?
GDV has been ahead.
CGCV has a lower expense ratio. GDV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90.
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 | GDV |
|---|---|---|
| Expense Ratio | 0.33%Best | 1.30% |
| AUM | $2.1B | $3.4B |
| Dividend Yield | 1.59% | 5.50% |
| Holdings | 146 | 715 |
| YTD Return | +9.26%Best | +7.55% |
| 1Y Return | +11.65% | +12.09%Best |
| 3Y Return (annualized) | - | +20.93% |
| 5Y Return (annualized) | - | +7.82% |
| Volatility (annualized) | 9.9%Best | 12.3% |
| Max Drawdown | -13.1%Best | -18.2% |
| $10,000 over 2.3 years | $13,772 | $14,448Best |
| Fund Family | Capital Group (US) | Gabelli Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Nov 28, 2003 |
Not shown on this pair: 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 GDV 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 GDV Performance
Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and Gabelli Dividend & Income Trust (GDV) is an ETF from Gabelli Funds. Over the past year CGCV returned +11.65% while GDV returned +12.09%. Year to date, CGCV is up 9.26% versus a gain of 7.55% for GDV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDV has been the more volatile fund, with annualized monthly volatility of 12.3% 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 -18.2% for GDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGCV charges 0.33% per year while GDV charges 1.30%. On a $10,000 position that is $33 vs $130 annually, a gap of $97 per year that compounds over a long holding period. On income, CGCV currently yields 1.59% against 5.50% for GDV.
Holdings Overlap
At least 75.6% of CGCV's money is in holdings GDV also owns.
Only one direction is shown: for GDV, our book for it lists positions totalling 110.0% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
Most of CGCV is already inside GDV. Owning both mostly buys the same companies twice.
The two holdings books were reported 186 days apart, CGCV as of Oct 3, 2026 and GDV as of Mar 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
47 positions in common, counted across the 73 positions we hold weights for in CGCV and 678 in GDV, against full books of 146 and 715.
Top Shared Holdings
| Stock | Weight in CGCV | Weight in GDV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.20% | 1.41% | 4.79% |
| PMPhilip Morris International Inc. | 3.41% | 1.41% | 2.00% |
| JPMJpmorgan Chase | 2.40% | 2.42% | 0.02% |
| AVGOBroadcom Inc | 4.04% | 0.59% | 3.45% |
| LLYEli Lilly & Co. | 3.00% | 1.53% | 1.47% |
| AAPLApple, Inc | 3.07% | 0.97% | 2.10% |
| NVDANvidia Corp | 2.16% | 1.32% | 0.84% |
| METAMeta Platforms Inc | 2.72% | 0.71% | 2.01% |
| MAMastercard Inc | 0.88% | 2.40% | 1.52% |
| CSCOCisco Systems Inc. - Ordinary Shares | 3.00% | 0.07% | 2.93% |
75.6% of CGCV is already inside GDV.
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 GDV?
CGCV has an expense ratio of 0.33% while GDV charges 1.30%. CGCV is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, CGCV or GDV?
Over the past year CGCV returned +11.65% vs +12.09% for GDV, so GDV leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.93% vs +17.35% for GDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCV or GDV?
GDV has been the more volatile fund at 12.3% annualized versus 9.9% for CGCV. Worst drawdown: CGCV -13.1% vs GDV -18.2%.
Should I hold both CGCV and GDV?
CGCV and GDV have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between CGCV and GDV?
At least 75.6% of CGCV's money is in holdings GDV also owns. Our book for GDV is partial, so the real figure is this or higher. They hold 47 positions in common, counted across the 73 positions we hold weights for in CGCV and 678 in GDV.
Which pays a higher dividend, CGCV or GDV?
CGCV yields 1.59% while GDV yields 5.50%, so GDV currently pays the higher dividend yield.
Is GDV better than CGCV?
CGCV has a lower expense ratio. GDV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.