CGDG vs. MMTRX
Compare and contrast key facts about Capital Group Dividend Growers ETF (CGDG) and MassMutual Select T. Rowe Price Retirement 2030 Fund (MMTRX).
CGDG is an actively managed fund by Capital Group. It was launched on Sep 26, 2023. MMTRX is managed by T. Rowe Price. It was launched on Feb 15, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGDG or MMTRX.
Key characteristics
| CGDG | MMTRX | |
|---|---|---|
| YTD Return | 14.90% | 13.81% |
| 1Y Return | 24.13% | 23.30% |
| Sharpe Ratio | 2.44 | 1.64 |
| Sortino Ratio | 3.44 | 2.45 |
| Omega Ratio | 1.43 | 1.50 |
| Calmar Ratio | 5.20 | 2.00 |
| Martin Ratio | 17.64 | 7.08 |
| Ulcer Index | 1.44% | 3.43% |
| Daily Std Dev | 10.41% | 14.81% |
| Max Drawdown | -4.89% | -28.45% |
| Current Drawdown | -1.13% | 0.00% |
Correlation
The correlation between CGDG and MMTRX is 0.87, 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.
Performance
CGDG vs. MMTRX - Performance Comparison
In the year-to-date period, CGDG achieves a 14.90% return, which is significantly higher than MMTRX's 13.81% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CGDG vs. MMTRX - Expense Ratio Comparison
CGDG has a 0.47% expense ratio, which is higher than MMTRX's 0.37% expense ratio.
Risk-Adjusted Performance
CGDG vs. MMTRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Growers ETF (CGDG) and MassMutual Select T. Rowe Price Retirement 2030 Fund (MMTRX). 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.
Dividends
CGDG vs. MMTRX - Dividend Comparison
CGDG's dividend yield for the trailing twelve months is around 1.87%, less than MMTRX's 2.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
CGDG Capital Group Dividend Growers ETF | 1.87% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MMTRX MassMutual Select T. Rowe Price Retirement 2030 Fund | 2.00% | 2.27% | 2.98% | 3.75% | 1.72% | 2.14% | 2.06% |
Drawdowns
CGDG vs. MMTRX - Drawdown Comparison
The maximum CGDG drawdown since its inception was -4.89%, smaller than the maximum MMTRX drawdown of -28.45%. Use the drawdown chart below to compare losses from any high point for CGDG and MMTRX. For additional features, visit the drawdowns tool.
Volatility
CGDG vs. MMTRX - Volatility Comparison
Capital Group Dividend Growers ETF (CGDG) has a higher volatility of 2.80% compared to MassMutual Select T. Rowe Price Retirement 2030 Fund (MMTRX) at 2.12%. This indicates that CGDG's price experiences larger fluctuations and is considered to be riskier than MMTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.