CGDV vs RFDA
Capital Group Dividend Value ETF vs ALPS Dynamic US Dividend Advantage ETF
Which is better, CGDV or RFDA?
CGDV has been ahead.
CGDV has a lower expense ratio. CGDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. RFDA is less concentrated, with 30.6% of the fund in its ten largest positions against 43.1%.
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 | CGDV | RFDA |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.52% |
| AUM | $39.3B | $77M |
| Dividend Yield | 1.23% | 2.00% |
| Holdings | 116 | 77 |
| YTD Return | +12.74% | +14.73%Best |
| 1Y Return | +19.20%Best | +16.68% |
| 3Y Return (annualized) | +24.22%Best | +20.07% |
| 5Y Return (annualized) | - | +12.87% |
| Volatility (annualized) | 14.9% | 14.8%Best |
| Max Drawdown | -21.8% | -19.4%Best |
| $10,000 over 4.6 years | $21,295Best | $17,761 |
| Top 10 Weight | 43.1% | 30.6%Best |
| Fund Family | Capital Group (US) | ALPS Advisors |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Feb 22, 2022 | Jun 6, 2016 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 24, 2022 to Oct 14, 2026 (4.6 years).
CGDV vs RFDA 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 4.6 years both funds cover.
CGDV vs RFDA Performance
Capital Group Dividend Value ETF (CGDV) is an ETF from Capital Group (US) and ALPS Dynamic US Dividend Advantage ETF (RFDA) is an ETF from ALPS Advisors. Over the past year CGDV returned +19.20% while RFDA returned +16.68%. Year to date, CGDV is up 12.74% versus a gain of 14.73% for RFDA.
Over three years, CGDV compounded at +24.22% per year against +20.07% for RFDA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGDV has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 14.8% for RFDA. 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 -21.8% for CGDV and -19.4% for RFDA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGDV charges 0.33% per year while RFDA charges 0.52%. On a $10,000 position that is $33 vs $52 annually, a gap of $19 per year that compounds over a long holding period. On income, CGDV currently yields 1.23% against 2.00% for RFDA.
Holdings Overlap
36.6% of CGDV's money is in holdings RFDA also owns. 26.0% of RFDA's money is in holdings CGDV also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 53 positions we hold weights for in CGDV and 75 in RFDA, against full books of 116 and 77.
What only one of them owns
Our book lists 58 positions for RFDA that do not appear in our book for CGDV (72.6% of the fund), and 34 for CGDV that do not appear in RFDA (57.4%).
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 CGDV | Weight in RFDA | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.17% | 3.52% | 3.65% |
| MSFTMicrosoft Corp | 8.00% | 2.68% | 5.32% |
| JPMJpmorgan Chase | 2.04% | 2.96% | 0.92% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 2.45% | 2.11% | 0.34% |
| AAPLApple, Inc | 2.31% | 2.07% | 0.24% |
| RTXRaytheon Co. | 2.80% | 0.92% | 1.88% |
| UNHUnitedhealth Group Incorporated | 0.66% | 2.76% | 2.10% |
| XOMExxonmobil Corp. | 1.17% | 2.06% | 0.89% |
| UNPUnion Pacific Corp | 2.13% | 1.03% | 1.10% |
| CMCSAComcast Corp. Class A | 2.26% | 0.69% | 1.57% |
36.6% of CGDV is already inside RFDA.
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, CGDV or RFDA?
CGDV has an expense ratio of 0.33% while RFDA charges 0.52%. CGDV is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, CGDV or RFDA?
Over the past year CGDV returned +19.20% vs +16.68% for RFDA, so CGDV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGDV or RFDA?
CGDV has been the more volatile fund at 14.9% annualized versus 14.8% for RFDA. Worst drawdown: CGDV -21.8% vs RFDA -19.4%.
Should I hold both CGDV and RFDA?
CGDV and RFDA have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between CGDV and RFDA?
36.6% of CGDV's money is in holdings RFDA also owns. 26.0% of RFDA's is in holdings CGDV also owns. They hold 15 positions in common, counted across the 53 positions we hold weights for in CGDV and 75 in RFDA.
Which pays a higher dividend, CGDV or RFDA?
CGDV yields 1.23% while RFDA yields 2.00%, so RFDA currently pays the higher dividend yield.
Is RFDA better than CGDV?
CGDV has a lower expense ratio. CGDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. RFDA is less concentrated, with 30.6% of the fund in its ten largest positions against 43.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.