CGDV vs. EVTR

Last updated Jun 9, 2026

CGDV (Capital Group Dividend Value ETF) and EVTR (Eaton Vance Total Return Bond ETF) are both exchange-traded funds - CGDV is a Large Cap Value Equities fund actively managed by Capital Group, while EVTR is a Intermediate Core-Plus Bond fund actively managed by Eaton Vance. Both are actively managed. Over the past year, CGDV returned 27.58% vs 5.42% for EVTR. At a 0.25 correlation, their price movements are largely independent. CGDV charges 0.33%/yr vs 0.32%/yr for EVTR.

Performance

CGDV vs. EVTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Dividend Value ETF (CGDV) and Eaton Vance Total Return Bond ETF (EVTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGDV achieves a 10.15% return, which is significantly higher than EVTR's -0.18% return.

CGDV

• 1D: 0.13%
• 1M: 1.46%
• YTD: 10.15%
• 6M: 10.88%
• 1Y: 27.58%
• 3Y*: 24.27%
• 5Y*: —
• 10Y*: —

EVTR

• 1D: -0.10%
• 1M: -0.81%
• YTD: -0.18%
• 6M: 0.39%
• 1Y: 5.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGDV vs. EVTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGDV Capital Group Dividend Value ETF	10.15%	25.50%	11.16%
EVTR Eaton Vance Total Return Bond ETF	-0.18%	8.10%	4.07%

Correlation

The correlation between CGDV and EVTR is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (All Time) Calculated using the full available price history since Mar 26, 2024	0.25

The correlation between CGDV and EVTR shifts across timeframes, from 0.25 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CGDV vs. EVTR — Risk / Return Rank

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

CGDV

CGDV Risk / Return Rank: 76
CGDV Sharpe Ratio Rank: 81
CGDV Sortino Ratio Rank: 80
CGDV Omega Ratio Rank: 81
CGDV Calmar Ratio Rank: 63
CGDV Martin Ratio Rank: 77

EVTR

EVTR Risk / Return Rank: 45
EVTR Sharpe Ratio Rank: 48
EVTR Sortino Ratio Rank: 50
EVTR Omega Ratio Rank: 46
EVTR Calmar Ratio Rank: 42
EVTR Martin Ratio Rank: 41

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. EVTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Value ETF (CGDV) and Eaton Vance Total Return Bond ETF (EVTR). 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.

	CGDV	EVTR	Difference
Sharpe ratio: Return per unit of total volatility	2.34	1.50	+0.85
Sortino ratio: Return per unit of downside risk	3.20	2.20	+1.00
Omega ratio: Gain probability vs. loss probability	1.44	1.26	+0.17
Calmar ratio: Return relative to maximum drawdown	2.84	1.90	+0.94
Martin ratio: Return relative to average drawdown	13.37	5.94	+7.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGDV vs. EVTR - Sharpe Ratio Comparison

The current CGDV Sharpe Ratio is 2.34, which is higher than the EVTR Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of CGDV and EVTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CGDV	EVTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	1.50	+0.85
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	1.26	-0.06

Drawdowns

CGDV vs. EVTR - Drawdown Comparison

The maximum CGDV drawdown since its inception was -21.82%, which is greater than EVTR's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for CGDV and EVTR.

Drawdown Indicators

	CGDV	EVTR	Difference
Max Drawdown Largest peak-to-trough decline	-21.82%	-4.08%	-17.74%
Max Drawdown (1Y) Largest decline over 1 year	-9.75%	-2.86%	-6.89%
Max Drawdown (3Y) Largest decline over 3 years	-14.28%	—	—
Current Drawdown Current decline from peak	-2.22%	-1.90%	-0.32%
Average Drawdown Average peak-to-trough decline	-3.61%	-0.97%	-2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	0.91%	+1.16%

Volatility

CGDV vs. EVTR - Volatility Comparison

Capital Group Dividend Value ETF (CGDV) has a higher volatility of 3.60% compared to Eaton Vance Total Return Bond ETF (EVTR) at 1.40%. This indicates that CGDV's price experiences larger fluctuations and is considered to be riskier than EVTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGDV	EVTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	1.40%	+2.20%
Volatility (6M) Calculated over the trailing 6-month period	9.47%	2.81%	+6.66%
Volatility (1Y) Calculated over the trailing 1-year period	11.85%	3.64%	+8.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.51%	4.31%	+11.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.51%	4.31%	+11.20%

CGDV vs. EVTR - Expense Ratio Comparison

CGDV has a 0.33% expense ratio, which is higher than EVTR's 0.32% expense ratio.

Dividends

CGDV vs. EVTR - Dividend Comparison

CGDV's dividend yield for the trailing twelve months is around 1.19%, less than EVTR's 4.70% yield.

Position	TTM	2025	2024	2023	2022
CGDV Capital Group Dividend Value ETF	1.19%	1.29%	1.60%	1.65%	1.36%
EVTR Eaton Vance Total Return Bond ETF	4.70%	4.51%	4.26%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGDV and EVTR in my portfolio?

CGDV and EVTR have a correlation of 0.37, 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 EVTR?

CGDV has higher volatility (3.60%) compared to EVTR (1.40%). In terms of maximum drawdown, CGDV dropped -21.82% vs EVTR's -4.08%.

Which ETF is better, CGDV or EVTR?

On 1-year performance, CGDV leads with 27.58% vs 5.42% for EVTR. On fees, EVTR is cheaper at 0.32% per year. On volatility, EVTR has been the lower-risk option at 1.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGDV or EVTR?

Over the 1-year period, CGDV has performed better with a 27.58% return vs 5.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGDV or EVTR?

EVTR is cheaper with a 0.32% expense ratio, compared with 0.33% for CGDV.

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

EVTR has the higher dividend yield at 4.70%, compared with 1.19% for CGDV.

What is the main difference between CGDV and EVTR?

CGDV is categorized as Large Cap Value Equities, while EVTR is Intermediate Core-Plus Bond. They also come from different issuers: Capital Group and Eaton Vance. Their fees differ too: 0.33% for CGDV and 0.32% for EVTR.

Which has better risk-adjusted returns?

CGDV currently has the higher Sharpe Ratio (2.34 vs 1.50), 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.