AVDE vs. CGDV

Last updated Jun 9, 2026

AVDE (Avantis International Equity ETF) and CGDV (Capital Group Dividend Value ETF) are both exchange-traded funds - AVDE is a Foreign Large Cap Equities fund actively managed by Avantis, while CGDV is a Large Cap Value Equities fund actively managed by Capital Group. Both are actively managed. Over the past 3 years, AVDE returned 19.31%/yr vs 24.27%/yr for CGDV. A 0.77 correlation means they provide meaningful diversification when combined. AVDE charges 0.23%/yr vs 0.33%/yr for CGDV.

Performance

AVDE vs. CGDV - Performance Comparison

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

Returns By Period

In the year-to-date period, AVDE achieves a 8.71% return, which is significantly lower than CGDV's 10.15% return.

AVDE

• 1D: 0.36%
• 1M: -1.91%
• YTD: 8.71%
• 6M: 11.46%
• 1Y: 25.00%
• 3Y*: 19.31%
• 5Y*: 9.61%
• 10Y*: —

CGDV

• 1D: 0.13%
• 1M: 1.46%
• YTD: 10.15%
• 6M: 10.88%
• 1Y: 27.58%
• 3Y*: 24.27%
• 5Y*: —
• 10Y*: —

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

AVDE vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVDE Avantis International Equity ETF	8.71%	38.05%	4.88%	17.18%	-7.38%
CGDV Capital Group Dividend Value ETF	10.15%	25.50%	20.10%	28.81%	-2.89%

Correlation

The correlation between AVDE and CGDV is 0.75, 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	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022	0.77

The correlation between AVDE and CGDV has been stable across timeframes, ranging from 0.73 to 0.77 - a consistent structural relationship.

AVDE vs. CGDV - Sectors Allocation Comparison

Sectors	AVDE	CGDV
Financial Services	23.8%	6.8%
Industrials	20.3%	13.2%
Basic Materials	11.2%	2.9%
Consumer Cyclical	9.3%	10.6%
Energy	8.0%	3.8%
Technology	7.1%	34.1%
Healthcare	5.8%	11.5%
Consumer Defensive	4.6%	5.5%
Utilities	4.4%	2.1%
Communication Services	3.8%	8.4%
Real Estate	1.7%	1.1%

Return for Risk

AVDE vs. CGDV — Risk / Return Rank

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

AVDE

AVDE Risk / Return Rank: 54
AVDE Sharpe Ratio Rank: 56
AVDE Sortino Ratio Rank: 55
AVDE Omega Ratio Rank: 55
AVDE Calmar Ratio Rank: 49
AVDE Martin Ratio Rank: 55

CGDV

CGDV Risk / Return Rank: 76
CGDV Sharpe Ratio Rank: 81
CGDV Sortino Ratio Rank: 80
CGDV Omega Ratio Rank: 81
CGDV Calmar Ratio Rank: 63
CGDV Martin Ratio Rank: 77

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.

AVDE vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity ETF (AVDE) 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.

	AVDE	CGDV	Difference
Sharpe ratio: Return per unit of total volatility	1.71	2.34	-0.64
Sortino ratio: Return per unit of downside risk	2.38	3.20	-0.82
Omega ratio: Gain probability vs. loss probability	1.31	1.44	-0.13
Calmar ratio: Return relative to maximum drawdown	2.19	2.84	-0.65
Martin ratio: Return relative to average drawdown	8.59	13.37	-4.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVDE vs. CGDV - Sharpe Ratio Comparison

The current AVDE Sharpe Ratio is 1.71, which is comparable to the CGDV Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of AVDE 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.

Sharpe Ratios by Period

	AVDE	CGDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	2.34	-0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	1.21	-0.58

Drawdowns

AVDE vs. CGDV - Drawdown Comparison

The maximum AVDE drawdown since its inception was -36.99%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for AVDE and CGDV.

Drawdown Indicators

	AVDE	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-36.99%	-21.82%	-15.17%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-9.75%	-1.73%
Max Drawdown (3Y) Largest decline over 3 years	-13.46%	-14.28%	+0.82%
Max Drawdown (5Y) Largest decline over 5 years	-28.73%	—	—
Current Drawdown Current decline from peak	-3.02%	-2.22%	-0.80%
Average Drawdown Average peak-to-trough decline	-6.16%	-3.61%	-2.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	2.07%	+0.85%

Volatility

AVDE vs. CGDV - Volatility Comparison

Avantis International Equity ETF (AVDE) has a higher volatility of 4.67% compared to Capital Group Dividend Value ETF (CGDV) at 3.60%. This indicates that AVDE'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

	AVDE	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.67%	3.60%	+1.07%
Volatility (6M) Calculated over the trailing 6-month period	12.43%	9.47%	+2.96%
Volatility (1Y) Calculated over the trailing 1-year period	14.75%	11.85%	+2.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.33%	15.51%	+0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.92%	15.51%	+3.41%

AVDE vs. CGDV - Expense Ratio Comparison

AVDE has a 0.23% expense ratio, which is lower than CGDV's 0.33% expense ratio.

Dividends

AVDE vs. CGDV - Dividend Comparison

AVDE's dividend yield for the trailing twelve months is around 2.56%, more than CGDV's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVDE Avantis International Equity ETF	2.56%	2.66%	3.29%	3.01%	2.79%	2.46%	1.63%	0.29%
CGDV Capital Group Dividend Value ETF	1.19%	1.29%	1.60%	1.65%	1.36%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVDE and CGDV in my portfolio?

AVDE and CGDV have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVDE or CGDV?

AVDE has higher volatility (4.67%) compared to CGDV (3.60%). In terms of maximum drawdown, AVDE dropped -36.99% vs CGDV's -21.82%.

Which ETF is better, AVDE or CGDV?

On 3-year performance, CGDV leads with 24.27% vs 19.31% for AVDE. On fees, AVDE is cheaper at 0.23% per year. On volatility, CGDV has been the lower-risk option at 3.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVDE or CGDV?

Over the 3-year period, CGDV has performed better with a 24.27% return vs 19.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVDE or CGDV?

AVDE is cheaper with a 0.23% expense ratio, compared with 0.33% for CGDV.

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

AVDE has the higher dividend yield at 2.56%, compared with 1.19% for CGDV.

What is the main difference between AVDE and CGDV?

AVDE is categorized as Foreign Large Cap Equities, while CGDV is Large Cap Value Equities. They also come from different issuers: Avantis and Capital Group. Their fees differ too: 0.23% for AVDE and 0.33% for CGDV.

Which has better risk-adjusted returns?

CGDV currently has the higher Sharpe Ratio (2.34 vs 1.71), 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.