CGCV vs USMC
Capital Group Conservative Equity ETF vs Principal U.S. Mega-Cap ETF
Which is better, CGCV or USMC?
USMC has been ahead.
USMC has a lower expense ratio. USMC led over 1Y and the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 55.3%.
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 | USMC |
|---|---|---|
| Expense Ratio | 0.33% | 0.12%Best |
| AUM | $2.1B | $5.2B |
| Dividend Yield | 1.59% | 0.74% |
| Holdings | 146 | 58 |
| YTD Return | +8.70% | +13.98%Best |
| 1Y Return | +11.37% | +14.91%Best |
| 3Y Return (annualized) | - | +22.22% |
| 5Y Return (annualized) | - | +14.81% |
| Volatility (annualized) | 9.9%Best | 11.6% |
| Max Drawdown | -13.1%Best | -19.1% |
| $10,000 over 2.3 years | $13,706 | $14,533Best |
| Top 10 Weight | 33.0%Best | 55.3% |
| Fund Family | Capital Group (US) | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Oct 11, 2017 |
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 USMC 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 USMC Performance
Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year CGCV returned +11.37% while USMC returned +14.91%. Year to date, CGCV is up 8.70% versus a gain of 13.98% for USMC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USMC 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 -19.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGCV charges 0.33% per year while USMC charges 0.12%. On a $10,000 position that is $33 vs $12 annually, a gap of $21 per year that compounds over a long holding period. On income, CGCV currently yields 1.59% against 0.74% for USMC.
Holdings Overlap
36.6% of CGCV's money is in holdings USMC also owns. 62.1% of USMC's money is in holdings CGCV also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 73 positions we hold weights for in CGCV and 27 in USMC, against full books of 146 and 58.
What only one of them owns
Our book lists 12 positions for USMC that do not appear in our book for CGCV (37.9% of the fund), and 54 for CGCV that do not appear in USMC (58.1%).
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 USMC | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.20% | 5.55% | 0.65% |
| AAPLApple, Inc | 3.07% | 7.40% | 4.33% |
| NVDANvidia Corp. | 2.16% | 7.99% | 5.83% |
| AVGOBroadcom Inc | 4.04% | 4.44% | 0.40% |
| GOOGLAlphabet Inc Cap Stk Cl A | 1.91% | 5.33% | 3.42% |
| JPMJpmorgan Chase | 2.40% | 4.65% | 2.25% |
| METAMeta Platform Inc | 2.72% | 3.92% | 1.20% |
| ABBVAbbvie Inc Accenture Plc, Class A | 2.66% | 3.37% | 0.71% |
| LLYEli Lilly & Co. | 3.00% | 2.28% | 0.72% |
| MAMastercard Inc | 0.88% | 4.32% | 3.44% |
62.1% of USMC 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 USMC?
CGCV has an expense ratio of 0.33% while USMC charges 0.12%. USMC is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, CGCV or USMC?
Over the past year CGCV returned +11.37% vs +14.91% for USMC, so USMC leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.69% vs +17.65% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCV or USMC?
USMC has been the more volatile fund at 11.6% annualized versus 9.9% for CGCV. Worst drawdown: CGCV -13.1% vs USMC -19.1%.
Should I hold both CGCV and USMC?
CGCV and USMC have a monthly-return correlation of 0.65, 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 USMC?
62.1% of USMC's money is in holdings CGCV also owns. 62.1% of USMC's is in holdings CGCV also owns. They hold 15 positions in common, counted across the 73 positions we hold weights for in CGCV and 27 in USMC.
Which pays a higher dividend, CGCV or USMC?
CGCV yields 1.59% while USMC yields 0.74%, so CGCV currently pays the higher dividend yield.
Is USMC better than CGCV?
USMC has a lower expense ratio. USMC led over 1Y and the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.