CGDV vs. FDV

Last updated Jul 29, 2026

CGDV (Capital Group Dividend Value ETF) and FDV (Federated Hermes U.S. Strategic Dividend ETF) are both Large Cap Value Equities funds. Both are actively managed. Their -0.21 correlation means they have often moved in opposite directions in the past. CGDV charges 0.33%/yr vs 0.50%/yr for FDV.

Performance

CGDV vs. FDV - Performance Comparison

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

Returns By Period

CGDV

• 1D: 0.31%
• 1M: 1.58%
• 6M: 10.02%
• YTD: 13.17%
• 1Y: 20.76%
• 3Y*: 22.15%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.37%

FDV

• 1D: 0.63%
• 1M: 5.43%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CGDV Capital Group Dividend Value ETF	$172.40M	$189.16M	$179.87M
FDV Federated Hermes U.S. Strategic Dividend ETF	$6.26M	$5.35M	$4.36M

CGDV vs. FDV - Yearly Performance Comparison

	2026 (YTD)
CGDV Capital Group Dividend Value ETF	2.88%
FDV Federated Hermes U.S. Strategic Dividend ETF	7.09%

Correlation

The correlation between CGDV and FDV is -0.21, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 22, 2026	-0.21

CGDV vs. FDV - Sectors Allocation Comparison

Sectors	CGDV	FDV
Technology	34.5%	9.5%
Industrials	13.6%	2.7%
Consumer Cyclical	12.6%	7.8%
Communication Services	9.8%	1.8%
Healthcare	8.2%	14.7%
Financial Services	6.7%	14.4%
Consumer Defensive	5.8%	13.3%
Energy	3.9%	8.7%
Basic Materials	2.8%	1.4%
Utilities	1.0%	16.1%
Real Estate	1.0%	9.5%

Return for Risk

CGDV vs. FDV — Risk / Return Rank

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

CGDV

CGDV Risk / Return Rank: 72
CGDV Sharpe Ratio Rank: 74
CGDV Sortino Ratio Rank: 74
CGDV Omega Ratio Rank: 73
CGDV Calmar Ratio Rank: 61
CGDV Martin Ratio Rank: 78

FDV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. FDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Value ETF (CGDV) and Federated Hermes U.S. Strategic Dividend ETF (FDV). 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	FDV	Difference
Sharpe ratio: Return per unit of total volatility	1.68	—	—
Sortino ratio: Return per unit of downside risk	2.37	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.14	—	—
Martin ratio: Return relative to average drawdown	9.96	—	—

Drawdowns

CGDV vs. FDV - Drawdown Comparison

The maximum CGDV drawdown since its inception was -21.82%, which is greater than FDV's maximum drawdown of -3.33%. Use the drawdown chart below to compare losses from any high point for CGDV and FDV.

Drawdown Indicators

	CGDV	FDV	Difference
Max Drawdown Largest peak-to-trough decline	-21.82%	-3.33%	-18.49%
Max Drawdown (1Y) Largest decline over 1 year	-9.75%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.28%	—	—
Current Drawdown Current decline from peak	-0.79%	0.00%	-0.79%
Average Drawdown Average peak-to-trough decline	-3.53%	-0.96%	-2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	—	—

Volatility

Volatility by Period

	CGDV	FDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.39%	13.76%	-1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.47%	13.76%	+1.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.47%	13.76%	+1.71%

CGDV vs. FDV - Expense Ratio Comparison

CGDV has a 0.33% expense ratio, which is lower than FDV's 0.50% expense ratio.

Dividends

CGDV vs. FDV - Dividend Comparison

CGDV's dividend yield for the trailing twelve months is around 1.19%, more than FDV's 0.54% yield.

Position	TTM	2025	2024	2023	2022
CGDV Capital Group Dividend Value ETF	1.19%	1.29%	1.60%	1.65%	1.36%
FDV Federated Hermes U.S. Strategic Dividend ETF	0.54%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGDV and FDV in my portfolio?

CGDV and FDV have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CGDV or FDV?

On fees, CGDV is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGDV or FDV?

CGDV is cheaper with a 0.33% expense ratio, compared with 0.50% for FDV.

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

CGDV has the higher dividend yield at 1.19%, compared with 0.54% for FDV.

What is the main difference between CGDV and FDV?

They also come from different issuers: Capital Group and Federated. Their fees differ too: 0.33% for CGDV and 0.50% for FDV.