CGDG vs. COPY

Last updated Jul 17, 2026

CGDG (Capital Group Dividend Growers ETF) and COPY (Tweedy, Browne Insider + Value ETF) are both Global Equities funds. Both are actively managed. Over the past year, CGDG returned 15.31% vs 30.93% for COPY. Their correlation of 0.81 suggests significant overlap in exposure. CGDG charges 0.47%/yr vs 0.80%/yr for COPY.

Performance

CGDG vs. COPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Dividend Growers ETF (CGDG) and Tweedy, Browne Insider + Value ETF (COPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGDG achieves a 8.17% return, which is significantly lower than COPY's 18.84% return.

CGDG

• 1D: 0.40%
• 1M: 1.73%
• 6M: 4.88%
• YTD: 8.17%
• 1Y: 15.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COPY

• 1D: 0.95%
• 1M: 2.00%
• 6M: 13.89%
• YTD: 18.84%
• 1Y: 30.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGDG vs. COPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGDG Capital Group Dividend Growers ETF	8.17%	22.74%	-0.90%
COPY Tweedy, Browne Insider + Value ETF	18.84%	29.52%	0.05%

Correlation

The correlation between CGDG and COPY is 0.80, 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	0.80
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024	0.81

The correlation between CGDG and COPY has been stable across timeframes, ranging from 0.80 to 0.81 - a consistent structural relationship.

Return for Risk

CGDG vs. COPY — Risk / Return Rank

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

CGDG

CGDG Risk / Return Rank: 51
CGDG Sharpe Ratio Rank: 50
CGDG Sortino Ratio Rank: 50
CGDG Omega Ratio Rank: 49
CGDG Calmar Ratio Rank: 48
CGDG Martin Ratio Rank: 55

COPY

COPY Risk / Return Rank: 86
COPY Sharpe Ratio Rank: 89
COPY Sortino Ratio Rank: 90
COPY Omega Ratio Rank: 87
COPY Calmar Ratio Rank: 81
COPY Martin Ratio Rank: 84

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.

CGDG vs. COPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Growers ETF (CGDG) and Tweedy, Browne Insider + Value ETF (COPY). 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.

	CGDG	COPY	Difference
Sharpe ratio: Return per unit of total volatility	1.42	2.37	-0.95
Sortino ratio: Return per unit of downside risk	2.03	3.45	-1.42
Omega ratio: Gain probability vs. loss probability	1.25	1.42	-0.17
Calmar ratio: Return relative to maximum drawdown	1.99	3.43	-1.44
Martin ratio: Return relative to average drawdown	7.64	13.14	-5.51

CGDG vs. COPY - Sharpe Ratio Comparison

The current CGDG Sharpe Ratio is 1.42, which is lower than the COPY Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of CGDG and COPY, 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

CGDG vs. COPY - Drawdown Comparison

The maximum CGDG drawdown since its inception was -10.52%, smaller than the maximum COPY drawdown of -14.05%. Use the drawdown chart below to compare losses from any high point for CGDG and COPY.

Drawdown Indicators

	CGDG	COPY	Difference
Max Drawdown Largest peak-to-trough decline	-10.52%	-14.05%	+3.53%
Max Drawdown (1Y) Largest decline over 1 year	-7.72%	-9.07%	+1.35%
Current Drawdown Current decline from peak	-0.16%	0.00%	-0.16%
Average Drawdown Average peak-to-trough decline	-1.30%	-1.52%	+0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	2.36%	-0.35%

Volatility

CGDG vs. COPY - Volatility Comparison

Capital Group Dividend Growers ETF (CGDG) and Tweedy, Browne Insider + Value ETF (COPY) have volatilities of 2.54% and 2.50%, 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

	CGDG	COPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.54%	2.50%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	8.57%	10.24%	-1.67%
Volatility (1Y) Calculated over the trailing 1-year period	10.83%	13.12%	-2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.08%	16.98%	-4.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.08%	16.98%	-4.90%

CGDG vs. COPY - Expense Ratio Comparison

CGDG has a 0.47% expense ratio, which is lower than COPY's 0.80% expense ratio.

Dividends

CGDG vs. COPY - Dividend Comparison

CGDG's dividend yield for the trailing twelve months is around 2.26%, more than COPY's 0.80% yield.

Position	TTM	2025	2024	2023
CGDG Capital Group Dividend Growers ETF	2.26%	1.95%	2.15%	0.39%
COPY Tweedy, Browne Insider + Value ETF	0.80%	0.95%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGDG and COPY in my portfolio?

CGDG and COPY have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGDG or COPY?

CGDG has higher volatility (2.54%) compared to COPY (2.50%). In terms of maximum drawdown, CGDG dropped -10.52% vs COPY's -14.05%.

Which ETF is better, CGDG or COPY?

On 1-year performance, COPY leads with 30.93% vs 15.31% for CGDG. On fees, CGDG is cheaper at 0.47% 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, CGDG or COPY?

Over the 1-year period, COPY has performed better with a 30.93% return vs 15.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGDG or COPY?

CGDG is cheaper with a 0.47% expense ratio, compared with 0.80% for COPY.

Which ETF pays a higher dividend yield, CGDG or COPY?

CGDG has the higher dividend yield at 2.26%, compared with 0.80% for COPY.

What is the main difference between CGDG and COPY?

They also come from different issuers: Capital Group and Tweedy, Browne. Their fees differ too: 0.47% for CGDG and 0.80% for COPY.

Which has better risk-adjusted returns?

COPY currently has the higher Sharpe Ratio (2.37 vs 1.42), 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.