CGDV vs. DGRW

Last updated Jul 15, 2026

CGDV (Capital Group Dividend Value ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - CGDV is a Large Cap Value Equities fund actively managed by Capital Group, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. CGDV is actively managed, while DGRW is passively managed. Over the past 3 years, CGDV returned 23.13%/yr vs 14.57%/yr for DGRW. Their correlation of 0.92 suggests significant overlap in exposure. CGDV charges 0.33%/yr vs 0.28%/yr for DGRW.

Performance

CGDV vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Dividend Value ETF (CGDV) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGDV achieves a 12.94% return, which is significantly higher than DGRW's 8.27% return.

CGDV

• 1D: -0.10%
• 1M: 1.25%
• 6M: 10.91%
• YTD: 12.94%
• 1Y: 22.12%
• 3Y*: 23.13%
• 5Y*: —
• 10Y*: —

DGRW

• 1D: -0.31%
• 1M: 0.36%
• 6M: 6.20%
• YTD: 8.27%
• 1Y: 14.66%
• 3Y*: 14.57%
• 5Y*: 11.55%
• 10Y*: 13.64%

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

CGDV vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CGDV Capital Group Dividend Value ETF	12.94%	25.50%	20.10%	28.81%	-0.44%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	8.27%	12.17%	16.98%	18.66%	1.62%

Correlation

The correlation between CGDV and DGRW is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.92

The correlation between CGDV and DGRW has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

CGDV vs. DGRW - Sectors Allocation Comparison

Sectors	CGDV	DGRW
Technology	35.8%	32.1%
Industrials	12.6%	9.7%
Consumer Cyclical	10.9%	7.2%
Healthcare	10.2%	12.8%
Communication Services	8.9%	10.1%
Financial Services	6.4%	11.3%
Consumer Defensive	6.1%	6.7%
Energy	4.4%	5.0%
Basic Materials	2.8%	3.4%
Real Estate	1.1%	-
Utilities	1.0%	0.2%

Return for Risk

CGDV vs. DGRW — Risk / Return Rank

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

CGDV

CGDV Risk / Return Rank: 68
CGDV Sharpe Ratio Rank: 70
CGDV Sortino Ratio Rank: 70
CGDV Omega Ratio Rank: 71
CGDV Calmar Ratio Rank: 57
CGDV Martin Ratio Rank: 73

DGRW

DGRW Risk / Return Rank: 51
DGRW Sharpe Ratio Rank: 52
DGRW Sortino Ratio Rank: 53
DGRW Omega Ratio Rank: 54
DGRW Calmar Ratio Rank: 44
DGRW Martin Ratio Rank: 54

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.

CGDV vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Value ETF (CGDV) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). 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	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.80	1.44	+0.36
Sortino ratio: Return per unit of downside risk	2.53	2.09	+0.44
Omega ratio: Gain probability vs. loss probability	1.33	1.27	+0.06
Calmar ratio: Return relative to maximum drawdown	2.28	1.77	+0.50
Martin ratio: Return relative to average drawdown	10.57	7.31	+3.26

CGDV vs. DGRW - Sharpe Ratio Comparison

The current CGDV Sharpe Ratio is 1.80, which is comparable to the DGRW Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of CGDV and DGRW, 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

CGDV vs. DGRW - Drawdown Comparison

The maximum CGDV drawdown since its inception was -21.82%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for CGDV and DGRW.

Drawdown Indicators

	CGDV	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-21.82%	-32.04%	+10.22%
Max Drawdown (1Y) Largest decline over 1 year	-9.75%	-8.30%	-1.45%
Max Drawdown (3Y) Largest decline over 3 years	-14.28%	-16.21%	+1.93%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-0.99%	-1.58%	+0.59%
Average Drawdown Average peak-to-trough decline	-3.55%	-3.01%	-0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	2.01%	+0.09%

Volatility

CGDV vs. DGRW - Volatility Comparison

Capital Group Dividend Value ETF (CGDV) has a higher volatility of 3.54% compared to WisdomTree U.S. Quality Dividend Growth Fund (DGRW) at 2.76%. This indicates that CGDV's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGDV	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	2.76%	+0.78%
Volatility (6M) Calculated over the trailing 6-month period	10.06%	8.20%	+1.86%
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	10.22%	+2.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.52%	14.00%	+1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.52%	16.17%	-0.65%

CGDV vs. DGRW - Expense Ratio Comparison

CGDV has a 0.33% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

CGDV vs. DGRW - Dividend Comparison

CGDV's dividend yield for the trailing twelve months is around 1.20%, less than DGRW's 1.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGDV Capital Group Dividend Value ETF	1.20%	1.29%	1.60%	1.65%	1.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.27%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%

Frequently Asked Questions

Can I hold both CGDV and DGRW in my portfolio?

CGDV and DGRW have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGDV or DGRW?

CGDV has higher volatility (3.54%) compared to DGRW (2.76%). In terms of maximum drawdown, CGDV dropped -21.82% vs DGRW's -32.04%.

Which ETF is better, CGDV or DGRW?

On 3-year performance, CGDV leads with 23.13% vs 14.57% for DGRW. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 2.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGDV or DGRW?

Over the 3-year period, CGDV has performed better with a 23.13% return vs 14.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGDV or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.33% for CGDV.

Which ETF pays a higher dividend yield, CGDV or DGRW?

DGRW has the higher dividend yield at 1.27%, compared with 1.20% for CGDV.

What is the main difference between CGDV and DGRW?

CGDV is categorized as Large Cap Value Equities, while DGRW is Dividend. They also come from different issuers: Capital Group and WisdomTree. Their fees differ too: 0.33% for CGDV and 0.28% for DGRW.

Which has better risk-adjusted returns?

CGDV currently has the higher Sharpe Ratio (1.80 vs 1.44), 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.