CGDV vs. BBDC
CGDV (Capital Group Dividend Value ETF) is Large Cap Value Equities fund actively managed by Capital Group, while BBDC (Barings BDC, Inc.) is a stock. Over the past 3 years, CGDV returned 24.15%/yr vs 14.63%/yr for BBDC. At a 0.48 correlation, their price movements are largely independent.
Performance
CGDV vs. BBDC - Performance Comparison
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Returns By Period
In the year-to-date period, CGDV achieves a 11.55% return, which is significantly higher than BBDC's -2.86% return.
CGDV
- 1D
- 0.66%
- 1M
- 0.35%
- YTD
- 11.55%
- 6M
- 12.50%
- 1Y
- 28.33%
- 3Y*
- 24.15%
- 5Y*
- —
- 10Y*
- —
BBDC
- 1D
- 0.00%
- 1M
- 0.43%
- YTD
- -2.86%
- 6M
- -1.25%
- 1Y
- 4.66%
- 3Y*
- 14.63%
- 5Y*
- 6.45%
- 10Y*
- —
CGDV vs. BBDC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CGDV Capital Group Dividend Value ETF | 11.55% | 25.50% | 20.10% | 28.81% | -0.44% |
BBDC Barings BDC, Inc. | -2.86% | 8.84% | 23.86% | 18.53% | -19.04% |
Correlation
The correlation between CGDV and BBDC is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022 | 0.48 |
The correlation between CGDV and BBDC shifts across timeframes, from 0.38 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CGDV vs. BBDC — Risk / Return Rank
CGDV
BBDC
CGDV vs. BBDC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Value ETF (CGDV) and Barings BDC, Inc. (BBDC). 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.
| CGDV | BBDC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.05 | ||
| Sortino ratioReturn per unit of downside risk | +2.66 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.05 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | 0.33 | +2.49 |
| Martin ratioReturn relative to average drawdown | 13.19 | 0.73 | +12.45 |
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Drawdowns
CGDV vs. BBDC - Drawdown Comparison
The maximum CGDV drawdown since its inception was -21.82%, smaller than the maximum BBDC drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for CGDV and BBDC.
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Drawdown Indicators
| CGDV | BBDC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.82% | -48.45% | +26.63% |
Max Drawdown (1Y)Largest decline over 1 year | -9.75% | -12.28% | +2.53% |
Max Drawdown (3Y)Largest decline over 3 years | -14.28% | -24.51% | +10.23% |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.55% | — |
Current DrawdownCurrent decline from peak | -0.98% | -6.42% | +5.44% |
Average DrawdownAverage peak-to-trough decline | -3.60% | -7.98% | +4.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 5.59% | -3.50% |
Volatility
CGDV vs. BBDC - Volatility Comparison
The current volatility for Capital Group Dividend Value ETF (CGDV) is 4.52%, while Barings BDC, Inc. (BBDC) has a volatility of 6.34%. This indicates that CGDV experiences smaller price fluctuations and is considered to be less risky than BBDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGDV | BBDC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 6.34% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 9.80% | 15.12% | -5.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.13% | 18.60% | -6.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.57% | 19.39% | -3.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.57% | 24.21% | -8.64% |
Dividends
CGDV vs. BBDC - Dividend Comparison
CGDV's dividend yield for the trailing twelve months is around 1.17%, less than BBDC's 12.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BBDC Barings BDC, Inc. | 12.99% | 12.96% | 10.87% | 11.89% | 11.66% | 7.44% | 7.07% | 5.25% | 21.24% |
CGDV Capital Group Dividend Value ETF | 1.17% | 1.29% | 1.60% | 1.65% | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CGDV and BBDC have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBDC has higher volatility (6.34%) compared to CGDV (4.52%). In terms of maximum drawdown, CGDV dropped -21.82% vs BBDC's -48.45%.
CGDV currently has the higher Sharpe Ratio (2.27 vs 0.22), 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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