CGDG vs. GAIOX

Last updated Apr 2, 2026

Compare and contrast key facts about Capital Group Dividend Growers ETF (CGDG) and American Funds Growth and Income Portfolio (GAIOX).

CGDG is an actively managed fund by Capital Group. It was launched on Sep 26, 2023. GAIOX is managed by American Funds. It was launched on May 18, 2012.

Performance

CGDG vs. GAIOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Dividend Growers ETF (CGDG) and American Funds Growth and Income Portfolio (GAIOX). The values are adjusted to include any dividend payments, if applicable.

CGDG vs. GAIOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CGDG Capital Group Dividend Growers ETF	1.58%	22.74%	11.52%	9.54%
GAIOX American Funds Growth and Income Portfolio	-2.54%	17.92%	14.54%	10.95%

Returns By Period

In the year-to-date period, CGDG achieves a 1.58% return, which is significantly higher than GAIOX's -2.54% return.

CGDG

• 1D: 0.45%
• 1M: -3.72%
• YTD: 1.58%
• 6M: 4.35%
• 1Y: 18.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GAIOX

• 1D: 2.32%
• 1M: -5.47%
• YTD: -2.54%
• 6M: -0.41%
• 1Y: 15.59%
• 3Y*: 14.24%
• 5Y*: 7.78%
• 10Y*: 9.91%

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

CGDG vs. GAIOX - Expense Ratio Comparison

CGDG has a 0.47% expense ratio, which is lower than GAIOX's 0.66% expense ratio.

GAIOX

American Funds Growth and Income Portfolio

CGDG

Capital Group Dividend Growers ETF

Return for Risk

CGDG vs. GAIOX — Risk / Return Rank

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

CGDG

CGDG Risk / Return Rank: 73
CGDG Sharpe Ratio Rank: 73
CGDG Sortino Ratio Rank: 73
CGDG Omega Ratio Rank: 72
CGDG Calmar Ratio Rank: 72
CGDG Martin Ratio Rank: 78

GAIOX

GAIOX Risk / Return Rank: 72
GAIOX Sharpe Ratio Rank: 69
GAIOX Sortino Ratio Rank: 73
GAIOX Omega Ratio Rank: 67
GAIOX Calmar Ratio Rank: 75
GAIOX Martin Ratio Rank: 78

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. GAIOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Growers ETF (CGDG) and American Funds Growth and Income Portfolio (GAIOX). 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.

	CGDG	GAIOX	Difference
Sharpe ratio Return per unit of total volatility	1.34	1.25	+0.08
Sortino ratio Return per unit of downside risk	1.90	1.86	+0.05
Omega ratio Gain probability vs. loss probability	1.28	1.26	+0.02
Calmar ratio Return relative to maximum drawdown	1.93	1.82	+0.11
Martin ratio Return relative to average drawdown	8.71	7.85	+0.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGDG vs. GAIOX - Sharpe Ratio Comparison

The current CGDG Sharpe Ratio is 1.34, which is comparable to the GAIOX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of CGDG and GAIOX, 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

	CGDG	GAIOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	1.25	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.51	0.81	+0.70

Correlation

The correlation between CGDG and GAIOX 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

CGDG vs. GAIOX - Dividend Comparison

CGDG's dividend yield for the trailing twelve months is around 1.94%, less than GAIOX's 5.64% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGDG Capital Group Dividend Growers ETF	1.94%	1.95%	2.15%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GAIOX American Funds Growth and Income Portfolio	5.64%	5.50%	4.81%	2.81%	6.45%	5.13%	4.00%	5.51%	6.10%	3.45%	4.39%	4.60%

Drawdowns

CGDG vs. GAIOX - Drawdown Comparison

The maximum CGDG drawdown since its inception was -10.52%, smaller than the maximum GAIOX drawdown of -26.55%. Use the drawdown chart below to compare losses from any high point for CGDG and GAIOX.

Drawdown Indicators

	CGDG	GAIOX	Difference
Max Drawdown Largest peak-to-trough decline	-10.52%	-26.55%	+16.03%
Max Drawdown (1Y) Largest decline over 1 year	-9.90%	-8.83%	-1.07%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.55%	—
Current Drawdown Current decline from peak	-4.61%	-6.19%	+1.58%
Average Drawdown Average peak-to-trough decline	-1.29%	-3.47%	+2.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	2.05%	+0.14%

Volatility

CGDG vs. GAIOX - Volatility Comparison

Capital Group Dividend Growers ETF (CGDG) and American Funds Growth and Income Portfolio (GAIOX) have volatilities of 4.64% and 4.80%, 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	GAIOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.64%	4.80%	-0.16%
Volatility (6M) Calculated over the trailing 6-month period	8.30%	7.93%	+0.37%
Volatility (1Y) Calculated over the trailing 1-year period	14.10%	12.84%	+1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.22%	12.53%	-0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.22%	13.14%	-0.92%