ADPV vs. CGDV

Last updated Jun 24, 2026

ADPV (Adaptiv Select ETF) and CGDV (Capital Group Dividend Value ETF) are both exchange-traded funds - ADPV is a Large Cap Blend Equities fund actively managed by Adaptiv, while CGDV is a Large Cap Value Equities fund actively managed by Capital Group. Both are actively managed. Over the past 3 years, ADPV returned 26.59%/yr vs 24.17%/yr for CGDV. A 0.64 correlation means they provide meaningful diversification when combined. ADPV charges 1.00%/yr vs 0.33%/yr for CGDV.

Performance

ADPV vs. CGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adaptiv Select ETF (ADPV) and Capital Group Dividend Value ETF (CGDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with ADPV having a 11.09% return and CGDV slightly lower at 11.07%.

ADPV

• 1D: -2.36%
• 1M: 3.30%
• YTD: 11.09%
• 6M: 7.18%
• 1Y: 34.24%
• 3Y*: 26.59%
• 5Y*: —
• 10Y*: —

CGDV

• 1D: -1.04%
• 1M: 0.75%
• YTD: 11.07%
• 6M: 10.39%
• 1Y: 27.24%
• 3Y*: 24.17%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADPV vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ADPV Adaptiv Select ETF	11.09%	21.19%	43.88%	-0.62%	0.43%
CGDV Capital Group Dividend Value ETF	11.07%	25.50%	20.10%	28.81%	6.94%

Correlation

The correlation between ADPV and CGDV is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (All Time) Calculated using the full available price history since Nov 4, 2022	0.64

The correlation between ADPV and CGDV has been stable across timeframes, ranging from 0.62 to 0.67 - a consistent structural relationship.

ADPV vs. CGDV - Sectors Allocation Comparison

Sectors	ADPV	CGDV
Technology	22.3%	33.1%
Energy	20.7%	4.4%
Healthcare	11.5%	10.4%
Basic Materials	11.5%	2.8%
Financial Services	11.0%	6.6%
Real Estate	7.9%	1.1%
Communication Services	7.4%	8.3%
Industrials	7.0%	12.9%
Consumer Cyclical	4.3%	11.3%
Utilities	3.4%	1.0%
Consumer Defensive	-	6.0%

Return for Risk

ADPV vs. CGDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADPV

ADPV Risk / Return Rank: 43
ADPV Sharpe Ratio Rank: 41
ADPV Sortino Ratio Rank: 38
ADPV Omega Ratio Rank: 38
ADPV Calmar Ratio Rank: 52
ADPV Martin Ratio Rank: 46

CGDV

CGDV Risk / Return Rank: 69
CGDV Sharpe Ratio Rank: 72
CGDV Sortino Ratio Rank: 71
CGDV Omega Ratio Rank: 73
CGDV Calmar Ratio Rank: 59
CGDV Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADPV vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adaptiv Select ETF (ADPV) and Capital Group Dividend Value ETF (CGDV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ADPV	CGDV	Difference
Sharpe ratio: Return per unit of total volatility	1.38	2.23	-0.85
Sortino ratio: Return per unit of downside risk	1.89	3.06	-1.17
Omega ratio: Gain probability vs. loss probability	1.24	1.41	-0.17
Calmar ratio: Return relative to maximum drawdown	2.48	2.81	-0.33
Martin ratio: Return relative to average drawdown	7.30	13.07	-5.77

ADPV vs. CGDV - Sharpe Ratio Comparison

The current ADPV Sharpe Ratio is 1.38, which is lower than the CGDV Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of ADPV and CGDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ADPV vs. CGDV - Drawdown Comparison

The maximum ADPV drawdown since its inception was -22.30%, roughly equal to the maximum CGDV drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for ADPV and CGDV.

Drawdown Indicators

	ADPV	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-22.30%	-21.82%	-0.48%
Max Drawdown (1Y) Largest decline over 1 year	-13.88%	-9.75%	-4.13%
Max Drawdown (3Y) Largest decline over 3 years	-22.30%	-14.28%	-8.02%
Current Drawdown Current decline from peak	-2.48%	-1.79%	-0.69%
Average Drawdown Average peak-to-trough decline	-5.41%	-3.59%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.70%	2.09%	+2.61%

Volatility

ADPV vs. CGDV - Volatility Comparison

Adaptiv Select ETF (ADPV) has a higher volatility of 7.84% compared to Capital Group Dividend Value ETF (CGDV) at 4.64%. This indicates that ADPV's price experiences larger fluctuations and is considered to be riskier than CGDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADPV	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.84%	4.64%	+3.20%
Volatility (6M) Calculated over the trailing 6-month period	17.59%	9.92%	+7.67%
Volatility (1Y) Calculated over the trailing 1-year period	24.88%	12.28%	+12.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.02%	15.57%	+5.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.02%	15.57%	+5.45%

ADPV vs. CGDV - Expense Ratio Comparison

ADPV has a 1.00% expense ratio, which is higher than CGDV's 0.33% expense ratio.

Dividends

ADPV vs. CGDV - Dividend Comparison

ADPV's dividend yield for the trailing twelve months is around 0.63%, less than CGDV's 1.18% yield.

Position	TTM	2025	2024	2023	2022
ADPV Adaptiv Select ETF	0.63%	0.70%	0.67%	0.22%	0.25%
CGDV Capital Group Dividend Value ETF	1.18%	1.29%	1.60%	1.65%	1.36%

Frequently Asked Questions

Can I hold both ADPV and CGDV in my portfolio?

ADPV and CGDV have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADPV or CGDV?

ADPV has higher volatility (7.84%) compared to CGDV (4.64%). In terms of maximum drawdown, ADPV dropped -22.30% vs CGDV's -21.82%.

Which ETF is better, ADPV or CGDV?

On 3-year performance, ADPV leads with 26.59% vs 24.17% for CGDV. On fees, CGDV is cheaper at 0.33% per year. On volatility, CGDV has been the lower-risk option at 4.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ADPV or CGDV?

Over the 3-year period, ADPV has performed better with a 26.59% return vs 24.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ADPV or CGDV?

CGDV is cheaper with a 0.33% expense ratio, compared with 1.00% for ADPV.

Which ETF pays a higher dividend yield, ADPV or CGDV?

CGDV has the higher dividend yield at 1.18%, compared with 0.63% for ADPV.

What is the main difference between ADPV and CGDV?

ADPV is categorized as Large Cap Blend Equities, while CGDV is Large Cap Value Equities. They also come from different issuers: Adaptiv and Capital Group. Their fees differ too: 1.00% for ADPV and 0.33% for CGDV.

Which has better risk-adjusted returns?

CGDV currently has the higher Sharpe Ratio (2.23 vs 1.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.