CGCV vs OALC
Capital Group Conservative Equity ETF vs OneAscent Large Cap Core ETF
Which is better, CGCV or OALC?
OALC has been ahead.
CGCV has a lower expense ratio. OALC led over 1Y and the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 34.0%.
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 | OALC |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.49% |
| AUM | $2.1B | $280M |
| Dividend Yield | 1.59% | 0.52% |
| Holdings | 146 | 424 |
| YTD Return | +8.70% | +16.12%Best |
| 1Y Return | +11.37% | +19.96%Best |
| 3Y Return (annualized) | - | +22.66% |
| 5Y Return (annualized) | - | +11.01% |
| Volatility (annualized) | 9.9%Best | 12.6% |
| Max Drawdown | -13.1%Best | -17.6% |
| $10,000 over 2.3 years | $13,706 | $14,980Best |
| Top 10 Weight | 33.0%Best | 34.0% |
| Fund Family | Capital Group (US) | OneAscent Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Nov 15, 2021 |
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 OALC 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 OALC Performance
Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and OneAscent Large Cap Core ETF (OALC) is an ETF from OneAscent Investments. Over the past year CGCV returned +11.37% while OALC returned +19.96%. Year to date, CGCV is up 8.70% versus a gain of 16.12% for OALC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OALC has been the more volatile fund, with annualized monthly volatility of 12.6% 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 -17.6% for OALC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGCV charges 0.33% per year while OALC charges 0.49%. On a $10,000 position that is $33 vs $49 annually, a gap of $16 per year that compounds over a long holding period. On income, CGCV currently yields 1.59% against 0.52% for OALC.
Holdings Overlap
59.3% of CGCV's money is in holdings OALC also owns. 41.0% of OALC's money is in holdings CGCV also owns.
The two portfolios partly overlap.
41 positions in common, counted across the 73 positions we hold weights for in CGCV and 211 in OALC, against full books of 146 and 424.
What only one of them owns
Our book lists 169 positions for OALC that do not appear in our book for CGCV (57.9% of the fund), and 28 for CGCV that do not appear in OALC (35.4%).
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 OALC | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.20% | 6.37% | 0.17% |
| NVDANvidia Corp | 2.16% | 8.63% | 6.47% |
| AVGOBroadcom Inc | 4.04% | 2.61% | 1.43% |
| GOOGLAlphabet Inc | 1.91% | 3.20% | 1.29% |
| LLYEli Lilly & Co. | 3.00% | 1.64% | 1.36% |
| CSCOCisco Systems Inc. - Ordinary Shares | 3.00% | 1.50% | 1.50% |
| JPMJpmorgan Chase | 2.40% | 1.62% | 0.78% |
| XOMExxonmobil Corp. | 1.92% | 1.16% | 0.76% |
| KOCoca Cola Co. | 1.70% | 1.07% | 0.63% |
| GEGeneral Electric Co. | 1.93% | 0.47% | 1.46% |
59.3% of CGCV is already inside OALC.
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 OALC?
CGCV has an expense ratio of 0.33% while OALC charges 0.49%. CGCV is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, CGCV or OALC?
Over the past year CGCV returned +11.37% vs +19.96% for OALC, so OALC leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.69% vs +19.21% for OALC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCV or OALC?
OALC has been the more volatile fund at 12.6% annualized versus 9.9% for CGCV. Worst drawdown: CGCV -13.1% vs OALC -17.6%.
Should I hold both CGCV and OALC?
CGCV and OALC have a monthly-return correlation of 0.75, 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 OALC?
59.3% of CGCV's money is in holdings OALC also owns. 41.0% of OALC's is in holdings CGCV also owns. They hold 41 positions in common, counted across the 73 positions we hold weights for in CGCV and 211 in OALC.
Which pays a higher dividend, CGCV or OALC?
CGCV yields 1.59% while OALC yields 0.52%, so CGCV currently pays the higher dividend yield.
Is OALC better than CGCV?
CGCV has a lower expense ratio. OALC led over 1Y and the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 34.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.