CGGR vs DIVP
Capital Group Growth ETF vs Cullen Enhanced Equity Income ETF
Which is better, CGGR or DIVP?
Each has led over a different period.
CGGR has a lower expense ratio. CGGR led over the full window, DIVP over 1Y. DIVP is less concentrated, with 36.4% of the fund in its ten largest positions against 40.8%.
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 | CGGR | DIVP |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.55% |
| AUM | $26.6B | $61M |
| Dividend Yield | 0.15% | 6.81% |
| Holdings | 97 | 47 |
| YTD Return | +6.35% | +9.06%Best |
| 1Y Return | +8.20% | +14.04%Best |
| 3Y Return (annualized) | +24.14% | - |
| Volatility (annualized) | 16.2% | 10.4%Best |
| Max Drawdown | -23.4% | -13.4%Best |
| $10,000 over 2.6 years | $15,021Best | $12,357 |
| Top 10 Weight | 40.8% | 36.4%Best |
| Fund Family | Capital Group (US) | Cullen Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Feb 22, 2022 | Mar 6, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 14, 2026 (2.6 years).
CGGR vs DIVP 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 2.6 years both funds cover.
CGGR vs DIVP Performance
Capital Group Growth ETF (CGGR) is an ETF from Capital Group (US) and Cullen Enhanced Equity Income ETF (DIVP) is an ETF from Cullen Funds. Over the past year CGGR returned +8.20% while DIVP returned +14.04%. Year to date, CGGR is up 6.35% versus a gain of 9.06% for DIVP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGGR has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 10.4% for DIVP. 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 -23.4% for CGGR and -13.4% for DIVP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
CGGR charges 0.39% per year while DIVP charges 0.55%. On a $10,000 position that is $39 vs $55 annually, a gap of $16 per year that compounds over a long holding period. On income, CGGR currently yields 0.15% against 6.81% for DIVP.
Holdings Overlap
1.5% of CGGR's money is in holdings DIVP also owns. 7.8% of DIVP's money is in holdings CGGR also owns.
DIVP and CGGR share little of their money.
2 positions in common, counted across the 96 positions we hold weights for in CGGR and 35 in DIVP, against full books of 97 and 47.
What only one of them owns
Our book lists 31 positions for DIVP that do not appear in our book for CGGR (86.6% of the fund), and 81 for CGGR that do not appear in DIVP (89.6%).
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.
You are not choosing between two funds in isolation.
Whichever of CGGR and DIVP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGGR or DIVP?
CGGR has an expense ratio of 0.39% while DIVP charges 0.55%. CGGR is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, CGGR or DIVP?
Over the past year CGGR returned +8.20% vs +14.04% for DIVP, so DIVP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGGR or DIVP?
CGGR has been the more volatile fund at 16.2% annualized versus 10.4% for DIVP. Worst drawdown: CGGR -23.4% vs DIVP -13.4%.
Should I hold both CGGR and DIVP?
CGGR and DIVP have a monthly-return correlation of 0.19, 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 CGGR and DIVP?
7.8% of DIVP's money is in holdings CGGR also owns. 7.8% of DIVP's is in holdings CGGR also owns. They hold 2 positions in common, counted across the 96 positions we hold weights for in CGGR and 35 in DIVP.
Which pays a higher dividend, CGGR or DIVP?
CGGR yields 0.15% while DIVP yields 6.81%, so DIVP currently pays the higher dividend yield.
Is DIVP better than CGGR?
CGGR has a lower expense ratio. CGGR led over the full window, DIVP over 1Y. DIVP is less concentrated, with 36.4% of the fund in its ten largest positions against 40.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.