CGDG vs. GSG
CGDG (Capital Group Dividend Growers ETF) and GSG (iShares S&P GSCI Commodity-Indexed Trust) are both exchange-traded funds - CGDG is a Global Equities fund actively managed by Capital Group, while GSG is a Commodities fund tracking the S&P GSCI Total Return Index. CGDG is actively managed, while GSG is passively managed. Over the past year, CGDG returned 18.16% vs 36.06% for GSG. Their 0.02 correlation means their historical movements had little consistent relationship. CGDG charges 0.47%/yr vs 0.75%/yr for GSG.
Performance
CGDG vs. GSG - Performance Comparison
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Returns By Period
In the year-to-date period, CGDG achieves a 10.05% return, which is significantly lower than GSG's 32.05% return.
CGDG
- 1D
- 0.94%
- 1M
- 2.09%
- 6M
- 7.43%
- YTD
- 10.05%
- 1Y
- 18.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.45%
GSG
- 1D
- -2.34%
- 1M
- 7.33%
- 6M
- 21.51%
- YTD
- 32.05%
- 1Y
- 36.06%
- 3Y*
- 12.37%
- 5Y*
- 13.92%
- 10Y*
- 7.99%
- ALL TIME*
- -2.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $21.91M | $21.23M | $23.24M | |
| $18.82M | $16.77M | $25.29M |
CGDG vs. GSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CGDG Capital Group Dividend Growers ETF | 10.05% | 22.74% | 11.52% | 10.17% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 32.05% | 5.93% | 8.52% | -12.13% |
Correlation
The correlation between CGDG and GSG is -0.17, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023 | 0.02 |
The correlation between CGDG and GSG shifts across timeframes, from -0.17 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CGDG vs. GSG — Risk / Return Rank
CGDG
GSG
CGDG vs. GSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Growers ETF (CGDG) and iShares S&P GSCI Commodity-Indexed Trust (GSG). 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 | GSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.26 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.36 | 1.93 | +0.44 |
| Martin ratioReturn relative to average drawdown | 9.30 | 6.13 | +3.16 |
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Drawdowns
CGDG vs. GSG - Drawdown Comparison
The maximum CGDG drawdown since its inception was -10.52%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for CGDG and GSG.
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Drawdown Indicators
| CGDG | GSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.52% | -89.62% | +79.10% |
Max Drawdown (1Y)Largest decline over 1 year | -7.72% | -18.81% | +11.09% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.64% | — |
Current DrawdownCurrent decline from peak | 0.00% | -60.13% | +60.13% |
Average DrawdownAverage peak-to-trough decline | -1.28% | -63.67% | +62.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 5.90% | -3.94% |
Volatility
CGDG vs. GSG - Volatility Comparison
The current volatility for Capital Group Dividend Growers ETF (CGDG) is 2.44%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 9.06%. This indicates that CGDG experiences smaller price fluctuations and is considered to be less risky than GSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGDG | GSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.44% | 9.06% | -6.62% |
Volatility (6M)Calculated over the trailing 6-month period | 8.50% | 22.00% | -13.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.81% | 24.45% | -13.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.04% | 22.90% | -10.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.04% | 22.09% | -10.05% |
CGDG vs. GSG - Expense Ratio Comparison
CGDG has a 0.47% expense ratio, which is lower than GSG's 0.75% expense ratio.
Dividends
CGDG vs. GSG - Dividend Comparison
CGDG's dividend yield for the trailing twelve months is around 2.22%, while GSG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CGDG Capital Group Dividend Growers ETF | 2.22% | 1.95% | 2.15% | 0.39% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CGDG and GSG have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSG has higher volatility (9.06%) compared to CGDG (2.44%). In terms of maximum drawdown, CGDG dropped -10.52% vs GSG's -89.62%.
On 1-year performance, GSG leads with 36.06% vs 18.16% for CGDG. On fees, CGDG is cheaper at 0.47% per year. On volatility, CGDG has been the lower-risk option at 2.44%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GSG has performed better with a 36.06% return vs 18.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CGDG is cheaper with a 0.47% expense ratio, compared with 0.75% for GSG.
CGDG has the higher dividend yield at 2.22%, compared with 0.00% for GSG.
CGDG is categorized as Global Equities, while GSG is Commodities. They also come from different issuers: Capital Group and iShares. Their fees differ too: 0.47% for CGDG and 0.75% for GSG.
CGDG currently has the higher Sharpe Ratio (1.70 vs 1.48), 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.
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