CGCV vs TIME

CGCV vs TIME

Which is better, CGCV or TIME?

Each has led over a different period.

CGCV has a lower expense ratio. CGCV led over the full window, TIME over 1Y. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 46.2%.

Lower Fees: CGCVHigher Returns: splitLess Concentrated: CGCV

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

MetricCGCVTIME
Expense Ratio0.33%Best0.96%
AUM$2.1B$16M
Dividend Yield1.59%0.67%
Holdings14656
YTD Return+8.70%+11.28%Best
1Y Return+11.37%+13.37%Best
3Y Return (annualized)-+18.43%
Volatility (annualized)9.9%Best21.5%
Max Drawdown-13.1%Best-32.3%
$10,000 over 2.3 years$13,706Best$11,219
Top 10 Weight33.0%Best46.2%
Fund FamilyCapital Group (US)Clockwise Capital
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionJun 25, 2024Jan 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 TIME 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.

Compare CGCV against instead:CGCV vs SPYCGCV vs QQQCGCV vs VOOCGCV vs VTITIME against:TIME vs VXUS

CGCV vs TIME Performance

Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and Clockwise US Core Equity ETF (TIME) is an ETF from Clockwise Capital. Over the past year CGCV returned +11.37% while TIME returned +13.37%. Year to date, CGCV is up 8.70% versus a gain of 11.28% for TIME.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TIME has been the more volatile fund, with annualized monthly volatility of 21.5% 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 -32.3% for TIME. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.

Fees and Cost Over Time

CGCV charges 0.33% per year while TIME charges 0.96%. On a $10,000 position that is $33 vs $96 annually, a gap of $63 per year that compounds over a long holding period. On income, CGCV currently yields 1.59% against 0.67% for TIME.

Holdings Overlap

CGCV already in TIME41.1%
TIME already in CGCV47.0%

41.1% of CGCV's money is in holdings TIME also owns. 47.0% of TIME's money is in holdings CGCV also owns.

The two portfolios partly overlap.

17 positions in common, counted across the 73 positions we hold weights for in CGCV and 59 in TIME, against full books of 146 and 56.

What only one of them owns

Our book lists 41 positions for TIME that do not appear in our book for CGCV (51.1% of the fund), and 52 for CGCV that do not appear in TIME (53.7%).

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

StockWeight in CGCVWeight in TIMEDifference
MSFTMicrosoft Corp6.20%6.28%0.08%
AAPLApple, Inc3.07%9.28%6.21%
NVDANvidia Corp2.16%9.34%7.18%
GOOGLAlphabet Inc1.91%4.78%2.87%
AVGOBroadcom Inc4.04%2.55%1.49%
PMPhilip Morris International Inc.3.41%2.49%0.92%
LLYEli Lilly & Co.3.00%1.81%1.19%
CSCOCisco Systems Inc. - Ordinary Shares3.00%0.96%2.04%
METAMeta Platforms Inc2.72%1.22%1.50%
XOMExxonmobil Holdings Corp Common Stock Usd1.92%1.96%0.04%

47.0% of TIME 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.

CGCVTIME

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Frequently Asked Questions

Which is cheaper, CGCV or TIME?

CGCV has an expense ratio of 0.33% while TIME charges 0.96%. CGCV is the cheaper option, by $63 a year on a $10,000 investment.

Which performed better, CGCV or TIME?

Over the past year CGCV returned +11.37% vs +13.37% for TIME, so TIME leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.69% vs +5.13% for TIME. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, CGCV or TIME?

TIME has been the more volatile fund at 21.5% annualized versus 9.9% for CGCV. Worst drawdown: CGCV -13.1% vs TIME -32.3%.

Should I hold both CGCV and TIME?

CGCV and TIME have a monthly-return correlation of 0.66, 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 TIME?

47.0% of TIME's money is in holdings CGCV also owns. 47.0% of TIME's is in holdings CGCV also owns. They hold 17 positions in common, counted across the 73 positions we hold weights for in CGCV and 59 in TIME.

Which pays a higher dividend, CGCV or TIME?

CGCV yields 1.59% while TIME yields 0.67%, so CGCV currently pays the higher dividend yield.

Is TIME better than CGCV?

CGCV has a lower expense ratio. CGCV led over the full window, TIME over 1Y. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 46.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.