Correlation
The correlation between ADPV and CGDV is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
ADPV vs. CGDV
Compare and contrast key facts about Adaptiv Select ETF (ADPV) and Capital Group Dividend Value ETF (CGDV).
ADPV and CGDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ADPV is an actively managed fund by Adaptiv. It was launched on Nov 3, 2022. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADPV or CGDV.
Performance
ADPV vs. CGDV - Performance Comparison
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Key characteristics
ADPV:
0.49
CGDV:
0.75
ADPV:
0.63
CGDV:
1.04
ADPV:
1.09
CGDV:
1.15
ADPV:
0.37
CGDV:
0.78
ADPV:
0.87
CGDV:
3.26
ADPV:
9.49%
CGDV:
3.42%
ADPV:
22.45%
CGDV:
17.00%
ADPV:
-22.30%
CGDV:
-21.81%
ADPV:
-19.55%
CGDV:
-2.44%
Returns By Period
In the year-to-date period, ADPV achieves a -4.50% return, which is significantly lower than CGDV's 3.55% return.
ADPV
-4.50%
-1.38%
-9.31%
8.29%
N/A
N/A
N/A
CGDV
3.55%
5.29%
0.32%
11.80%
17.21%
N/A
N/A
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ADPV vs. CGDV - Expense Ratio Comparison
ADPV has a 1.00% expense ratio, which is higher than CGDV's 0.33% expense ratio.
Risk-Adjusted Performance
ADPV vs. CGDV — Risk-Adjusted Performance Rank
ADPV
CGDV
ADPV vs. CGDV - Risk-Adjusted Performance 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.
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Dividends
ADPV vs. CGDV - Dividend Comparison
ADPV's dividend yield for the trailing twelve months is around 0.70%, less than CGDV's 1.57% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
ADPV Adaptiv Select ETF | 0.70% | 0.67% | 0.22% | 0.25% |
CGDV Capital Group Dividend Value ETF | 1.57% | 1.60% | 1.66% | 1.36% |
Drawdowns
ADPV vs. CGDV - Drawdown Comparison
The maximum ADPV drawdown since its inception was -22.30%, roughly equal to the maximum CGDV drawdown of -21.81%. Use the drawdown chart below to compare losses from any high point for ADPV and CGDV.
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Volatility
ADPV vs. CGDV - Volatility Comparison
The current volatility for Adaptiv Select ETF (ADPV) is 2.13%, while Capital Group Dividend Value ETF (CGDV) has a volatility of 4.42%. This indicates that ADPV experiences smaller price fluctuations and is considered to be less risky than CGDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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