CGDV vs. RDEIY
CGDV (Capital Group Dividend Value ETF) is Large Cap Value Equities fund actively managed by Capital Group, while RDEIY (Red Electrica Corporacion SA ADR) is a stock. Over the past 3 years, CGDV returned 24.15%/yr vs 5.83%/yr for RDEIY. At a 0.22 correlation, their price movements are largely independent.
Performance
CGDV vs. RDEIY - 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 RDEIY's -4.17% return.
CGDV
- 1D
- 0.66%
- 1M
- 0.35%
- YTD
- 11.55%
- 6M
- 12.50%
- 1Y
- 28.33%
- 3Y*
- 24.15%
- 5Y*
- —
- 10Y*
- —
RDEIY
- 1D
- 0.23%
- 1M
- 3.92%
- YTD
- -4.17%
- 6M
- 1.66%
- 1Y
- -10.16%
- 3Y*
- 5.83%
- 5Y*
- 2.37%
- 10Y*
- 3.08%
CGDV vs. RDEIY - 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% |
RDEIY Red Electrica Corporacion SA ADR | -4.17% | 14.04% | 9.95% | 1.07% | -2.50% |
Correlation
The correlation between CGDV and RDEIY is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022 | 0.22 |
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Return for Risk
CGDV vs. RDEIY — Risk / Return Rank
CGDV
RDEIY
CGDV vs. RDEIY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Value ETF (CGDV) and Red Electrica Corporacion SA ADR (RDEIY). 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 | RDEIY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.85 | ||
| Sortino ratioReturn per unit of downside risk | +3.79 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.92 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | -0.51 | +3.34 |
| Martin ratioReturn relative to average drawdown | 13.19 | -0.82 | +14.01 |
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Drawdowns
CGDV vs. RDEIY - Drawdown Comparison
The maximum CGDV drawdown since its inception was -21.82%, smaller than the maximum RDEIY drawdown of -40.85%. Use the drawdown chart below to compare losses from any high point for CGDV and RDEIY.
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Drawdown Indicators
| CGDV | RDEIY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.82% | -40.85% | +19.03% |
Max Drawdown (1Y)Largest decline over 1 year | -9.75% | -22.31% | +12.56% |
Max Drawdown (3Y)Largest decline over 3 years | -14.28% | -25.03% | +10.75% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.37% | — |
Current DrawdownCurrent decline from peak | -0.98% | -18.91% | +17.93% |
Average DrawdownAverage peak-to-trough decline | -3.60% | -10.83% | +7.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 13.83% | -11.74% |
Volatility
CGDV vs. RDEIY - Volatility Comparison
Capital Group Dividend Value ETF (CGDV) and Red Electrica Corporacion SA ADR (RDEIY) have volatilities of 4.52% and 4.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGDV | RDEIY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 4.59% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 9.80% | 15.13% | -5.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.13% | 19.81% | -7.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.57% | 21.38% | -5.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.57% | 22.93% | -7.36% |
Dividends
CGDV vs. RDEIY - Dividend Comparison
CGDV's dividend yield for the trailing twelve months is around 1.17%, less than RDEIY's 5.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGDV Capital Group Dividend Value ETF | 1.17% | 1.29% | 1.60% | 1.65% | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RDEIY Red Electrica Corporacion SA ADR | 5.35% | 4.93% | 6.30% | 6.54% | 6.21% | 4.42% | 4.50% | 3.92% | 3.48% | 6.36% | 4.63% | 2.84% |
Frequently Asked Questions
CGDV and RDEIY have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDEIY has higher volatility (4.59%) compared to CGDV (4.52%). In terms of maximum drawdown, CGDV dropped -21.82% vs RDEIY's -40.85%.
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.
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