CGDV vs SCHV
Capital Group Dividend Value ETF vs Schwab US Large-Cap Value ETF
Which is better, CGDV or SCHV?
Each has led over a different period.
SCHV has a lower expense ratio. CGDV led over 3Y and the full window, SCHV over 1Y. The two have moved almost in lockstep, correlation 0.94. SCHV is less concentrated, with 20.0% 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 | SCHV |
|---|---|---|
| Expense Ratio | 0.33% | 0.04%Best |
| AUM | $39.3B | $15.4B |
| Dividend Yield | 1.23% | 1.88% |
| Holdings | 116 | 560 |
| YTD Return | +12.74% | +15.04%Best |
| 1Y Return | +19.20% | +19.24%Best |
| 3Y Return (annualized) | +24.22%Best | +19.07% |
| 5Y Return (annualized) | - | +10.35% |
| Volatility (annualized) | 14.9%Tie | 14.9%Tie |
| Max Drawdown | -21.8% | -18.6%Best |
| $10,000 over 4.6 years | $21,295Best | $16,513 |
| Top 10 Weight | 43.1% | 20.0%Best |
| Fund Family | Capital Group (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Feb 22, 2022 | Dec 11, 2009 |
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 SCHV 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 SCHV Performance
Capital Group Dividend Value ETF (CGDV) is an ETF from Capital Group (US) and Schwab US Large-Cap Value ETF (SCHV) is an ETF from Charles Schwab Asset Management. Over the past year CGDV returned +19.20% while SCHV returned +19.24%. Year to date, CGDV is up 12.74% versus a gain of 15.04% for SCHV.
Over three years, CGDV compounded at +24.22% per year against +19.07% for SCHV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGDV and SCHV have been equally volatile, both at 14.9% annualized.
The deepest peak-to-trough decline in our data was -21.8% for CGDV and -18.6% for SCHV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. 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 SCHV charges 0.04%. On a $10,000 position that is $33 vs $4 annually, a gap of $29 per year that compounds over a long holding period. On income, CGDV currently yields 1.23% against 1.88% for SCHV.
Holdings Overlap
40.0% of CGDV's money is in holdings SCHV also owns. 20.9% of SCHV's money is in holdings CGDV also owns.
The two portfolios partly overlap.
28 positions in common, counted across the 53 positions we hold weights for in CGDV and 567 in SCHV, against full books of 116 and 560.
What only one of them owns
Our book lists 528 positions for SCHV that do not appear in our book for CGDV (78.2% of the fund), and 20 for CGDV that do not appear in SCHV (51.6%).
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 SCHV | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 2.04% | 2.99% | 0.95% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.78% | 1.50% | 1.28% |
| ORCLOracle Corp - Common | 3.23% | 0.83% | 2.40% |
| RTXRaytheon Co. | 2.80% | 0.84% | 1.96% |
| XOMExxonmobil Corp. | 1.17% | 2.28% | 1.11% |
| ABBVAbbvie Inc. | 1.60% | 1.57% | 0.03% |
| INTCIntel Corporation | 0.80% | 2.01% | 1.21% |
| UNPUnion Pacific Corp | 2.13% | 0.56% | 1.57% |
| SBUXStarbucks Corp | 2.21% | 0.37% | 1.84% |
| CMCSAComcast Corp. Class A | 2.26% | 0.26% | 2.00% |
40.0% of CGDV is already inside SCHV.
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 SCHV?
CGDV has an expense ratio of 0.33% while SCHV charges 0.04%. SCHV is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, CGDV or SCHV?
Over the past year CGDV returned +19.20% vs +19.24% for SCHV, so SCHV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGDV or SCHV?
CGDV and SCHV have been equally volatile, both at 14.9% annualized. Worst drawdown: CGDV -21.8% vs SCHV -18.6%.
Should I hold both CGDV and SCHV?
CGDV and SCHV have a monthly-return correlation of 0.94, 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 SCHV?
40.0% of CGDV's money is in holdings SCHV also owns. 20.9% of SCHV's is in holdings CGDV also owns. They hold 28 positions in common, counted across the 53 positions we hold weights for in CGDV and 567 in SCHV.
Which pays a higher dividend, CGDV or SCHV?
CGDV yields 1.23% while SCHV yields 1.88%, so SCHV currently pays the higher dividend yield.
Is SCHV better than CGDV?
SCHV has a lower expense ratio. CGDV led over 3Y and the full window, SCHV over 1Y. The two have moved almost in lockstep, correlation 0.94. SCHV is less concentrated, with 20.0% 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.