BLCV vs. CGDV

Last updated Jun 3, 2026

BLCV (Blackrock Large Cap Value ETF) and CGDV (Capital Group Dividend Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past 3 years, BLCV returned 18.70%/yr vs 25.37%/yr for CGDV. Their correlation of 0.81 suggests significant overlap in exposure. BLCV charges 0.55%/yr vs 0.33%/yr for CGDV.

Performance

BLCV vs. CGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackrock Large Cap Value ETF (BLCV) 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, BLCV achieves a 7.60% return, which is significantly lower than CGDV's 12.51% return.

BLCV

• 1D: 0.76%
• 1M: 2.65%
• YTD: 7.60%
• 6M: 9.93%
• 1Y: 23.16%
• 3Y*: 18.70%
• 5Y*: —
• 10Y*: —

CGDV

• 1D: 0.45%
• 1M: 5.15%
• YTD: 12.51%
• 6M: 13.53%
• 1Y: 32.83%
• 3Y*: 25.37%
• 5Y*: —
• 10Y*: —

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

BLCV vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BLCV Blackrock Large Cap Value ETF	7.60%	19.96%	12.63%	15.71%
CGDV Capital Group Dividend Value ETF	12.51%	25.50%	20.10%	19.75%

Correlation

The correlation between BLCV 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	0.81
Correlation (All Time) Calculated using the full available price history since May 24, 2023	0.81

The correlation between BLCV and CGDV has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.

BLCV vs. CGDV - Sectors Allocation Comparison

Sectors	BLCV	CGDV
Technology	16.8%	34.1%
Financial Services	16.5%	6.8%
Industrials	13.8%	13.2%
Healthcare	12.3%	11.5%
Communication Services	9.1%	8.4%
Consumer Cyclical	9.0%	10.6%
Energy	6.3%	3.8%
Consumer Defensive	6.3%	5.5%
Utilities	4.9%	2.1%
Real Estate	2.7%	1.1%
Basic Materials	2.3%	2.9%

Return for Risk

BLCV vs. CGDV — Risk / Return Rank

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

BLCV

BLCV Risk / Return Rank: 55
BLCV Sharpe Ratio Rank: 59
BLCV Sortino Ratio Rank: 62
BLCV Omega Ratio Rank: 57
BLCV Calmar Ratio Rank: 46
BLCV Martin Ratio Rank: 53

CGDV

CGDV Risk / Return Rank: 82
CGDV Sharpe Ratio Rank: 86
CGDV Sortino Ratio Rank: 86
CGDV Omega Ratio Rank: 86
CGDV Calmar Ratio Rank: 69
CGDV Martin Ratio Rank: 81

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.

BLCV vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackrock Large Cap Value ETF (BLCV) 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.

	BLCV	CGDV	Difference
Sharpe ratio Return per unit of total volatility	2.02	2.85	-0.83
Sortino ratio Return per unit of downside risk	2.92	3.89	-0.97
Omega ratio Gain probability vs. loss probability	1.36	1.53	-0.18
Calmar ratio Return relative to maximum drawdown	2.28	3.46	-1.18
Martin ratio Return relative to average drawdown	9.22	16.41	-7.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLCV vs. CGDV - Sharpe Ratio Comparison

The current BLCV Sharpe Ratio is 2.02, which is comparable to the CGDV Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of BLCV 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

	BLCV	CGDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	2.85	-0.83
Sharpe Ratio (All Time) Calculated using the full available price history	1.48	1.25	+0.23

Drawdowns

BLCV vs. CGDV - Drawdown Comparison

The maximum BLCV drawdown since its inception was -13.44%, smaller than the maximum CGDV drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for BLCV and CGDV.

Drawdown Indicators

	BLCV	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-13.44%	-21.82%	+8.38%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-9.75%	-0.17%
Max Drawdown (3Y) Largest decline over 3 years	-13.44%	-14.28%	+0.84%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.04%	-3.62%	+1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	2.06%	+0.40%

Volatility

BLCV vs. CGDV - Volatility Comparison

Blackrock Large Cap Value ETF (BLCV) and Capital Group Dividend Value ETF (CGDV) have volatilities of 3.03% and 3.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLCV	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	3.07%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	8.81%	9.17%	-0.36%
Volatility (1Y) Calculated over the trailing 1-year period	11.53%	11.59%	-0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.78%	15.49%	-2.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.78%	15.49%	-2.71%

BLCV vs. CGDV - Expense Ratio Comparison

BLCV has a 0.55% expense ratio, which is higher than CGDV's 0.33% expense ratio.

Dividends

BLCV vs. CGDV - Dividend Comparison

BLCV's dividend yield for the trailing twelve months is around 1.26%, more than CGDV's 1.16% yield.

Position	TTM	2025	2024	2023	2022
BLCV Blackrock Large Cap Value ETF	1.26%	1.37%	1.63%	1.02%	0.00%
CGDV Capital Group Dividend Value ETF	1.16%	1.29%	1.60%	1.65%	1.36%

Frequently Asked Questions

Can I hold both BLCV and CGDV in my portfolio?

BLCV 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, BLCV or CGDV?

CGDV has higher volatility (3.07%) compared to BLCV (3.03%). In terms of maximum drawdown, BLCV dropped -13.44% vs CGDV's -21.82%.

Which ETF is better, BLCV or CGDV?

On 3-year performance, CGDV leads with 25.37% vs 18.70% for BLCV. On fees, CGDV is cheaper at 0.33% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLCV or CGDV?

Over the 3-year period, CGDV has performed better with a 25.37% return vs 18.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLCV or CGDV?

CGDV is cheaper with a 0.33% expense ratio, compared with 0.55% for BLCV.

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

BLCV has the higher dividend yield at 1.26%, compared with 1.16% for CGDV.

What is the main difference between BLCV and CGDV?

They also come from different issuers: BlackRock and Capital Group. Their fees differ too: 0.55% for BLCV and 0.33% for CGDV.

Which has better risk-adjusted returns?

CGDV currently has the higher Sharpe Ratio (2.85 vs 2.02), 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.