CGCV vs HIDV
Capital Group Conservative Equity ETF vs AB US High Dividend ETF
Which is better, CGCV or HIDV?
HIDV has been ahead.
CGCV has a lower expense ratio. HIDV led over 1Y and the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 36.8%.
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 | HIDV |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.35% |
| AUM | $2.1B | $205M |
| Dividend Yield | 1.59% | 2.56% |
| Holdings | 146 | 108 |
| YTD Return | +8.70% | +11.94%Best |
| 1Y Return | +11.37% | +17.30%Best |
| 3Y Return (annualized) | - | +21.14% |
| Volatility (annualized) | 9.9%Best | 11.6% |
| Max Drawdown | -13.1%Best | -18.8% |
| $10,000 over 2.3 years | $13,706 | $13,974Best |
| Top 10 Weight | 33.0%Best | 36.8% |
| Fund Family | Capital Group (US) | AllianceBernstein L.P. |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Mar 22, 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 HIDV 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 HIDV Performance
Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and AB US High Dividend ETF (HIDV) is an ETF from AllianceBernstein L.P.. Over the past year CGCV returned +11.37% while HIDV returned +17.30%. Year to date, CGCV is up 8.70% versus a gain of 11.94% for HIDV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIDV has been the more volatile fund, with annualized monthly volatility of 11.6% 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 -18.8% for HIDV. 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 HIDV charges 0.35%. On a $10,000 position that is $33 vs $35 annually, a gap of $2 per year that compounds over a long holding period. On income, CGCV currently yields 1.59% against 2.56% for HIDV.
Holdings Overlap
50.1% of CGCV's money is in holdings HIDV also owns. 43.7% of HIDV's money is in holdings CGCV also owns.
The two portfolios partly overlap.
26 positions in common, counted across the 73 positions we hold weights for in CGCV and 107 in HIDV, against full books of 146 and 108.
What only one of them owns
Our book lists 76 positions for HIDV that do not appear in our book for CGCV (54.4% of the fund), and 43 for CGCV that do not appear in HIDV (44.7%).
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 HIDV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 2.16% | 9.45% | 7.29% |
| MSFTMicrosoft Corp | 6.20% | 5.27% | 0.93% |
| AAPLApple, Inc | 3.07% | 7.03% | 3.96% |
| AVGOBroadcom Inc | 4.04% | 1.77% | 2.27% |
| GOOGLAlphabet Inc | 1.91% | 3.00% | 1.09% |
| PMPhilip Morris International Inc. | 3.41% | 1.22% | 2.19% |
| CSCOCisco Systems Inc. - Ordinary Shares | 3.00% | 1.52% | 1.48% |
| METAMeta Platforms Inc | 2.72% | 1.57% | 1.15% |
| ABBVAbbvie Inc. | 2.66% | 1.11% | 1.55% |
| LLYEli Lilly & Co. | 3.00% | 0.56% | 2.44% |
50.1% of CGCV is already inside HIDV.
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 HIDV?
CGCV has an expense ratio of 0.33% while HIDV charges 0.35%. CGCV is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, CGCV or HIDV?
Over the past year CGCV returned +11.37% vs +17.30% for HIDV, so HIDV leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.69% vs +15.66% for HIDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCV or HIDV?
HIDV has been the more volatile fund at 11.6% annualized versus 9.9% for CGCV. Worst drawdown: CGCV -13.1% vs HIDV -18.8%.
Should I hold both CGCV and HIDV?
CGCV and HIDV 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 HIDV?
50.1% of CGCV's money is in holdings HIDV also owns. 43.7% of HIDV's is in holdings CGCV also owns. They hold 26 positions in common, counted across the 73 positions we hold weights for in CGCV and 107 in HIDV.
Which pays a higher dividend, CGCV or HIDV?
CGCV yields 1.59% while HIDV yields 2.56%, so HIDV currently pays the higher dividend yield.
Is HIDV better than CGCV?
CGCV has a lower expense ratio. HIDV led over 1Y and the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 36.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.