CGDV vs. GDXY

Last updated Jun 13, 2026

CGDV (Capital Group Dividend Value ETF) and GDXY (YieldMax Gold Miners Option Income Strategy ETF) are both exchange-traded funds - CGDV is a Large Cap Value Equities fund actively managed by Capital Group, while GDXY is a Derivative Income fund managed by YieldMax. Over the past year, CGDV returned 28.33% vs 20.95% for GDXY. At a 0.31 correlation, their price movements are largely independent. CGDV charges 0.33%/yr vs 0.99%/yr for GDXY.

Performance

CGDV vs. GDXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Dividend Value ETF (CGDV) and YieldMax Gold Miners Option Income Strategy ETF (GDXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGDV achieves a 11.55% return, which is significantly higher than GDXY's -12.32% return.

CGDV

• 1D: 0.66%
• 1M: 0.35%
• YTD: 11.55%
• 6M: 12.50%
• 1Y: 28.33%
• 3Y*: 24.15%
• 5Y*: —
• 10Y*: —

GDXY

• 1D: 2.43%
• 1M: -14.26%
• YTD: -12.32%
• 6M: -11.68%
• 1Y: 20.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGDV vs. GDXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGDV Capital Group Dividend Value ETF	11.55%	25.50%	7.42%
GDXY YieldMax Gold Miners Option Income Strategy ETF	-12.32%	88.08%	-11.84%

Correlation

The correlation between CGDV and GDXY 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 (All Time) Calculated using the full available price history since May 21, 2024	0.31

Return for Risk

CGDV vs. GDXY — Risk / Return Rank

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

CGDV

CGDV Risk / Return Rank: 78
CGDV Sharpe Ratio Rank: 82
CGDV Sortino Ratio Rank: 81
CGDV Omega Ratio Rank: 82
CGDV Calmar Ratio Rank: 65
CGDV Martin Ratio Rank: 79

GDXY

GDXY Risk / Return Rank: 20
GDXY Sharpe Ratio Rank: 20
GDXY Sortino Ratio Rank: 19
GDXY Omega Ratio Rank: 22
GDXY Calmar Ratio Rank: 18
GDXY Martin Ratio Rank: 19

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. GDXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Value ETF (CGDV) and YieldMax Gold Miners Option Income Strategy ETF (GDXY). 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	GDXY	Difference
Sharpe ratio: Return per unit of total volatility	2.27	0.58	+1.69
Sortino ratio: Return per unit of downside risk	3.11	0.92	+2.18
Omega ratio: Gain probability vs. loss probability	1.42	1.13	+0.29
Calmar ratio: Return relative to maximum drawdown	2.83	0.65	+2.18
Martin ratio: Return relative to average drawdown	13.19	1.83	+11.35

CGDV vs. GDXY - Sharpe Ratio Comparison

The current CGDV Sharpe Ratio is 2.27, which is higher than the GDXY Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of CGDV and GDXY, 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. GDXY - Drawdown Comparison

The maximum CGDV drawdown since its inception was -21.82%, smaller than the maximum GDXY drawdown of -34.16%. Use the drawdown chart below to compare losses from any high point for CGDV and GDXY.

Drawdown Indicators

	CGDV	GDXY	Difference
Max Drawdown Largest peak-to-trough decline	-21.82%	-34.16%	+12.34%
Max Drawdown (1Y) Largest decline over 1 year	-9.75%	-34.16%	+24.41%
Max Drawdown (3Y) Largest decline over 3 years	-14.28%	—	—
Current Drawdown Current decline from peak	-0.98%	-29.61%	+28.63%
Average Drawdown Average peak-to-trough decline	-3.60%	-6.72%	+3.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	12.05%	-9.96%

Volatility

CGDV vs. GDXY - Volatility Comparison

The current volatility for Capital Group Dividend Value ETF (CGDV) is 4.52%, while YieldMax Gold Miners Option Income Strategy ETF (GDXY) has a volatility of 14.51%. This indicates that CGDV experiences smaller price fluctuations and is considered to be less risky than GDXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGDV	GDXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	14.51%	-9.99%
Volatility (6M) Calculated over the trailing 6-month period	9.80%	32.60%	-22.80%
Volatility (1Y) Calculated over the trailing 1-year period	12.13%	38.00%	-25.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.57%	32.36%	-16.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.57%	32.36%	-16.79%

CGDV vs. GDXY - Expense Ratio Comparison

CGDV has a 0.33% expense ratio, which is lower than GDXY's 0.99% expense ratio.

Dividends

CGDV vs. GDXY - Dividend Comparison

CGDV's dividend yield for the trailing twelve months is around 1.17%, less than GDXY's 82.04% yield.

Position	TTM	2025	2024	2023	2022
CGDV Capital Group Dividend Value ETF	1.17%	1.29%	1.60%	1.65%	1.36%
GDXY YieldMax Gold Miners Option Income Strategy ETF	82.04%	52.13%	23.91%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGDV and GDXY in my portfolio?

CGDV and GDXY 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.

Which is riskier, CGDV or GDXY?

GDXY has higher volatility (14.51%) compared to CGDV (4.52%). In terms of maximum drawdown, CGDV dropped -21.82% vs GDXY's -34.16%.

Which ETF is better, CGDV or GDXY?

On 1-year performance, CGDV leads with 28.33% vs 20.95% for GDXY. On fees, CGDV is cheaper at 0.33% per year. On volatility, CGDV has been the lower-risk option at 4.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGDV or GDXY?

Over the 1-year period, CGDV has performed better with a 28.33% return vs 20.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGDV or GDXY?

CGDV is cheaper with a 0.33% expense ratio, compared with 0.99% for GDXY.

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

GDXY has the higher dividend yield at 82.04%, compared with 1.17% for CGDV.

What is the main difference between CGDV and GDXY?

CGDV is categorized as Large Cap Value Equities, while GDXY is Derivative Income. They also come from different issuers: Capital Group and YieldMax. Their fees differ too: 0.33% for CGDV and 0.99% for GDXY.

Which has better risk-adjusted returns?

CGDV currently has the higher Sharpe Ratio (2.27 vs 0.58), 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.