AWIIX vs. CGDV

Last updated Apr 1, 2026

Compare and contrast key facts about CIBC Atlas Income Opportunities Fund (AWIIX) and Capital Group Dividend Value ETF (CGDV).

AWIIX is managed by CIBC Private Wealth Management. It was launched on Jun 26, 2014. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.

Performance

AWIIX vs. CGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CIBC Atlas Income Opportunities Fund (AWIIX) and Capital Group Dividend Value ETF (CGDV). The values are adjusted to include any dividend payments, if applicable.

AWIIX vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AWIIX CIBC Atlas Income Opportunities Fund	-5.21%	7.20%	7.10%	15.07%	-7.58%
CGDV Capital Group Dividend Value ETF	-2.26%	25.50%	20.10%	28.81%	-2.89%

Returns By Period

In the year-to-date period, AWIIX achieves a -5.21% return, which is significantly lower than CGDV's -2.26% return.

AWIIX

• 1D: -0.35%
• 1M: -5.78%
• YTD: -5.21%
• 6M: -4.76%
• 1Y: 2.00%
• 3Y*: 6.24%
• 5Y*: 4.30%
• 10Y*: 7.82%

CGDV

• 1D: 2.88%
• 1M: -6.44%
• YTD: -2.26%
• 6M: 1.93%
• 1Y: 20.99%
• 3Y*: 21.38%
• 5Y*: —
• 10Y*: —

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

AWIIX vs. CGDV - Expense Ratio Comparison

AWIIX has a 0.69% expense ratio, which is higher than CGDV's 0.33% expense ratio.

AWIIX

CIBC Atlas Income Opportunities Fund

CGDV

Capital Group Dividend Value ETF

Return for Risk

AWIIX vs. CGDV — Risk / Return Rank

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

AWIIX

AWIIX Risk / Return Rank: 11
AWIIX Sharpe Ratio Rank: 11
AWIIX Sortino Ratio Rank: 10
AWIIX Omega Ratio Rank: 10
AWIIX Calmar Ratio Rank: 11
AWIIX Martin Ratio Rank: 13

CGDV

CGDV Risk / Return Rank: 78
CGDV Sharpe Ratio Rank: 74
CGDV Sortino Ratio Rank: 76
CGDV Omega Ratio Rank: 78
CGDV Calmar Ratio Rank: 79
CGDV Martin Ratio Rank: 83

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.

AWIIX vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas Income Opportunities Fund (AWIIX) 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.

	AWIIX	CGDV	Difference
Sharpe ratio Return per unit of total volatility	0.26	1.26	-1.00
Sortino ratio Return per unit of downside risk	0.43	1.83	-1.40
Omega ratio Gain probability vs. loss probability	1.06	1.28	-0.22
Calmar ratio Return relative to maximum drawdown	0.24	2.01	-1.77
Martin ratio Return relative to average drawdown	1.05	8.64	-7.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AWIIX vs. CGDV - Sharpe Ratio Comparison

The current AWIIX Sharpe Ratio is 0.26, which is lower than the CGDV Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of AWIIX and CGDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AWIIX	CGDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.26	1.26	-1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	1.04	-0.44

Correlation

The correlation between AWIIX and CGDV is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AWIIX vs. CGDV - Dividend Comparison

AWIIX's dividend yield for the trailing twelve months is around 13.15%, more than CGDV's 1.34% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AWIIX CIBC Atlas Income Opportunities Fund	13.15%	12.46%	2.45%	2.27%	2.27%	3.80%	1.77%	2.30%	3.15%	2.37%	2.83%	3.22%
CGDV Capital Group Dividend Value ETF	1.34%	1.29%	1.60%	1.65%	1.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

AWIIX vs. CGDV - Drawdown Comparison

The maximum AWIIX drawdown since its inception was -27.07%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for AWIIX and CGDV.

Drawdown Indicators

	AWIIX	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-27.07%	-21.82%	-5.25%
Max Drawdown (1Y) Largest decline over 1 year	-7.50%	-10.91%	+3.41%
Max Drawdown (5Y) Largest decline over 5 years	-19.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-27.07%	—	—
Current Drawdown Current decline from peak	-6.24%	-7.15%	+0.91%
Average Drawdown Average peak-to-trough decline	-3.94%	-3.72%	-0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	2.54%	-0.82%

Volatility

AWIIX vs. CGDV - Volatility Comparison

The current volatility for CIBC Atlas Income Opportunities Fund (AWIIX) is 2.56%, while Capital Group Dividend Value ETF (CGDV) has a volatility of 5.60%. This indicates that AWIIX 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.

Volatility by Period

	AWIIX	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	5.60%	-3.04%
Volatility (6M) Calculated over the trailing 6-month period	5.04%	9.27%	-4.23%
Volatility (1Y) Calculated over the trailing 1-year period	9.96%	16.77%	-6.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.46%	15.62%	-5.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.40%	15.62%	-4.22%