CGDV vs SIXH
Capital Group Dividend Value ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, CGDV or SIXH?
CGDV has been ahead.
CGDV has a lower expense ratio. CGDV led over 1Y, 3Y and the full window. SIXH is less concentrated, with 33.6% 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 | SIXH |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.73% |
| AUM | $39.3B | $605M |
| Dividend Yield | 1.23% | 1.78% |
| Holdings | 116 | 106 |
| YTD Return | +12.74% | +14.72%Best |
| 1Y Return | +19.20%Best | +17.59% |
| 3Y Return (annualized) | +24.22%Best | +13.16% |
| 5Y Return (annualized) | - | +9.95% |
| Volatility (annualized) | 14.9% | 9.3%Best |
| Max Drawdown | -21.8% | -11.7%Best |
| $10,000 over 4.6 years | $21,295Best | $16,370 |
| Top 10 Weight | 43.1% | 33.6%Best |
| Fund Family | Capital Group (US) | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Feb 22, 2022 | May 11, 2020 |
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 SIXH 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 SIXH Performance
Capital Group Dividend Value ETF (CGDV) is an ETF from Capital Group (US) and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year CGDV returned +19.20% while SIXH returned +17.59%. Year to date, CGDV is up 12.74% versus a gain of 14.72% for SIXH.
Over three years, CGDV compounded at +24.22% per year against +13.16% for SIXH.
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 9.3% for SIXH. 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 -11.7% for SIXH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGDV charges 0.33% per year while SIXH charges 0.73%. On a $10,000 position that is $33 vs $73 annually, a gap of $40 per year that compounds over a long holding period. On income, CGDV currently yields 1.23% against 1.78% for SIXH.
Holdings Overlap
41.2% of CGDV's money is in holdings SIXH also owns. 34.6% of SIXH's money is in holdings CGDV also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 53 positions we hold weights for in CGDV and 52 in SIXH, against full books of 116 and 106.
What only one of them owns
Our book lists 33 positions for SIXH that do not appear in our book for CGDV (66.0% of the fund), and 29 for CGDV that do not appear in SIXH (50.4%).
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 SIXH | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.17% | 1.37% | 5.80% |
| METAMeta Platforms Inc | 5.30% | 1.62% | 3.68% |
| MOAltria Group Inc | 0.71% | 4.93% | 4.22% |
| GOOGLAlphabet Inc | 3.66% | 1.30% | 2.36% |
| CMCSAComcast Corp. Class A | 2.26% | 2.12% | 0.14% |
| LLYEli Lilly & Co. | 1.80% | 2.55% | 0.75% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.78% | 1.29% | 1.49% |
| PMPhilip Morris International Inc. | 1.46% | 2.55% | 1.09% |
| MUMicron Technology, Inc. | 0.88% | 2.97% | 2.09% |
| AMATApplied Materials, Inc. | 2.14% | 1.54% | 0.60% |
41.2% of CGDV is already inside SIXH.
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 SIXH?
CGDV has an expense ratio of 0.33% while SIXH charges 0.73%. CGDV is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, CGDV or SIXH?
Over the past year CGDV returned +19.20% vs +17.59% for SIXH, 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 SIXH?
CGDV has been the more volatile fund at 14.9% annualized versus 9.3% for SIXH. Worst drawdown: CGDV -21.8% vs SIXH -11.7%.
Should I hold both CGDV and SIXH?
CGDV and SIXH have a monthly-return correlation of 0.63, 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 CGDV and SIXH?
41.2% of CGDV's money is in holdings SIXH also owns. 34.6% of SIXH's is in holdings CGDV also owns. They hold 19 positions in common, counted across the 53 positions we hold weights for in CGDV and 52 in SIXH.
Which pays a higher dividend, CGDV or SIXH?
CGDV yields 1.23% while SIXH yields 1.78%, so SIXH currently pays the higher dividend yield.
Is SIXH better than CGDV?
CGDV has a lower expense ratio. CGDV led over 1Y, 3Y and the full window. SIXH is less concentrated, with 33.6% 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.