CGCV vs JHDV
Capital Group Conservative Equity ETF vs John Hancock US High Dividend ETF
Which is better, CGCV or JHDV?
JHDV has been ahead.
CGCV has a lower expense ratio. JHDV led over 1Y and the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 34.7%.
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 | JHDV |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.34% |
| AUM | $2.1B | $13M |
| Dividend Yield | 1.59% | 2.25% |
| Holdings | 146 | 78 |
| YTD Return | +8.70% | +15.74%Best |
| 1Y Return | +11.37% | +18.54%Best |
| 3Y Return (annualized) | - | +20.38% |
| Volatility (annualized) | 9.9%Best | 11.9% |
| Max Drawdown | -13.1%Best | -19.0% |
| $10,000 over 2.3 years | $13,706 | $14,268Best |
| Top 10 Weight | 33.0%Best | 34.7% |
| Fund Family | Capital Group (US) | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Sep 27, 2022 |
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 JHDV 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 JHDV Performance
Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management. Over the past year CGCV returned +11.37% while JHDV returned +18.54%. Year to date, CGCV is up 8.70% versus a gain of 15.74% for JHDV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHDV has been the more volatile fund, with annualized monthly volatility of 11.9% 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 -19.0% for JHDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGCV charges 0.33% per year while JHDV charges 0.34%. On a $10,000 position that is $33 vs $34 annually, a gap of $1 per year that compounds over a long holding period. On income, CGCV currently yields 1.59% against 2.25% for JHDV.
Holdings Overlap
41.0% of CGCV's money is in holdings JHDV also owns. 44.8% of JHDV's money is in holdings CGCV also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 73 positions we hold weights for in CGCV and 76 in JHDV, against full books of 146 and 78.
What only one of them owns
Measured across the 73 and 76 positions we hold weights for.
CGCV holds 46 positions JHDV does not, 53.8% of the fund.
Largest: META 2.72%, ABBV 2.66%, SBUX 2.48%, CMQXX 2.24%, MDLZ 2.01%
Top Shared Holdings
| Stock | Weight in CGCV | Weight in JHDV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.20% | 5.86% | 0.34% |
| NVDANvidia Corp | 2.16% | 8.59% | 6.43% |
| AAPLApple, Inc | 3.07% | 5.60% | 2.53% |
| AVGOBroadcom Inc | 4.04% | 2.46% | 1.58% |
| PMPhilip Morris International Inc. | 3.41% | 1.49% | 1.92% |
| CSCOCisco Systems Inc. - Ordinary Shares | 3.00% | 1.70% | 1.30% |
| LLYEli Lilly & Co. | 3.00% | 0.89% | 2.11% |
| JPMJpmorgan Chase | 2.40% | 1.04% | 1.36% |
| MOAltria Group Inc | 1.27% | 1.79% | 0.52% |
| PGRProgressive Corporation | 1.14% | 1.75% | 0.61% |
44.8% of JHDV 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 JHDV?
CGCV has an expense ratio of 0.33% while JHDV charges 0.34%. CGCV is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, CGCV or JHDV?
Over the past year CGCV returned +11.37% vs +18.54% for JHDV, so JHDV leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.69% vs +16.71% for JHDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCV or JHDV?
JHDV has been the more volatile fund at 11.9% annualized versus 9.9% for CGCV. Worst drawdown: CGCV -13.1% vs JHDV -19.0%.
Should I hold both CGCV and JHDV?
CGCV and JHDV have a monthly-return correlation of 0.84, 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 JHDV?
44.8% of JHDV's money is in holdings CGCV also owns. 44.8% of JHDV's is in holdings CGCV also owns. They hold 23 positions in common, counted across the 73 positions we hold weights for in CGCV and 76 in JHDV.
Which pays a higher dividend, CGCV or JHDV?
CGCV yields 1.59% while JHDV yields 2.25%, so JHDV currently pays the higher dividend yield.
Is JHDV better than CGCV?
CGCV has a lower expense ratio. JHDV led over 1Y and the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 34.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.