CGDV vs. ROE

Last updated Jun 5, 2026

CGDV (Capital Group Dividend Value ETF) and ROE (Astoria US Equal Weight Quality Kings ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, CGDV returned 31.52% vs 38.24% for ROE. Their correlation of 0.88 suggests significant overlap in exposure. CGDV charges 0.33%/yr vs 0.49%/yr for ROE.

Performance

CGDV vs. ROE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Dividend Value ETF (CGDV) and Astoria US Equal Weight Quality Kings ETF (ROE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGDV achieves a 12.65% return, which is significantly lower than ROE's 21.08% return.

CGDV

• 1D: 0.68%
• 1M: 5.08%
• YTD: 12.65%
• 6M: 13.07%
• 1Y: 31.52%
• 3Y*: 25.65%
• 5Y*: —
• 10Y*: —

ROE

• 1D: 0.09%
• 1M: 6.88%
• YTD: 21.08%
• 6M: 21.44%
• 1Y: 38.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGDV vs. ROE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CGDV Capital Group Dividend Value ETF	12.65%	25.50%	20.10%	6.95%
ROE Astoria US Equal Weight Quality Kings ETF	21.08%	17.20%	18.34%	4.29%

Correlation

The correlation between CGDV and ROE is 0.82, 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	0.82
Correlation (All Time) Calculated using the full available price history since Aug 2, 2023	0.88

The correlation between CGDV and ROE has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.

CGDV vs. ROE - Sectors Allocation Comparison

Sectors	CGDV	ROE
Technology	34.1%	36.1%
Industrials	13.2%	9.8%
Healthcare	11.5%	8.7%
Consumer Cyclical	10.6%	9.4%
Communication Services	8.4%	10.6%
Financial Services	6.8%	11.7%
Consumer Defensive	5.5%	4.7%
Energy	3.8%	3.5%
Basic Materials	2.9%	1.8%
Utilities	2.1%	1.9%
Real Estate	1.1%	1.9%

Return for Risk

CGDV vs. ROE — Risk / Return Rank

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

CGDV

CGDV Risk / Return Rank: 80
CGDV Sharpe Ratio Rank: 84
CGDV Sortino Ratio Rank: 85
CGDV Omega Ratio Rank: 85
CGDV Calmar Ratio Rank: 66
CGDV Martin Ratio Rank: 80

ROE

ROE Risk / Return Rank: 85
ROE Sharpe Ratio Rank: 85
ROE Sortino Ratio Rank: 84
ROE Omega Ratio Rank: 81
ROE Calmar Ratio Rank: 84
ROE Martin Ratio Rank: 89

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. ROE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Value ETF (CGDV) and Astoria US Equal Weight Quality Kings ETF (ROE). 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	ROE	Difference
Sharpe ratio: Return per unit of total volatility	2.73	2.76	-0.03
Sortino ratio: Return per unit of downside risk	3.75	3.71	+0.04
Omega ratio: Gain probability vs. loss probability	1.51	1.48	+0.03
Calmar ratio: Return relative to maximum drawdown	3.25	4.44	-1.19
Martin ratio: Return relative to average drawdown	15.36	20.05	-4.69
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. ROE - Sharpe Ratio Comparison

The current CGDV Sharpe Ratio is 2.73, which is comparable to the ROE Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of CGDV and ROE, 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	ROE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.73	2.76	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	1.39	-0.14

Drawdowns

CGDV vs. ROE - Drawdown Comparison

The maximum CGDV drawdown since its inception was -21.82%, which is greater than ROE's maximum drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for CGDV and ROE.

Drawdown Indicators

	CGDV	ROE	Difference
Max Drawdown Largest peak-to-trough decline	-21.82%	-19.10%	-2.72%
Max Drawdown (1Y) Largest decline over 1 year	-9.75%	-8.66%	-1.09%
Max Drawdown (3Y) Largest decline over 3 years	-14.28%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.61%	-2.58%	-1.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	1.91%	+0.15%

Volatility

CGDV vs. ROE - Volatility Comparison

The current volatility for Capital Group Dividend Value ETF (CGDV) is 3.08%, while Astoria US Equal Weight Quality Kings ETF (ROE) has a volatility of 3.69%. This indicates that CGDV experiences smaller price fluctuations and is considered to be less risky than ROE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGDV	ROE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.08%	3.69%	-0.61%
Volatility (6M) Calculated over the trailing 6-month period	9.15%	10.65%	-1.50%
Volatility (1Y) Calculated over the trailing 1-year period	11.58%	13.92%	-2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.48%	15.77%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.48%	15.77%	-0.29%

CGDV vs. ROE - Expense Ratio Comparison

CGDV has a 0.33% expense ratio, which is lower than ROE's 0.49% expense ratio.

Dividends

CGDV vs. ROE - Dividend Comparison

CGDV's dividend yield for the trailing twelve months is around 1.16%, more than ROE's 0.94% yield.

Position	TTM	2025	2024	2023	2022
CGDV Capital Group Dividend Value ETF	1.16%	1.29%	1.60%	1.65%	1.36%
ROE Astoria US Equal Weight Quality Kings ETF	0.94%	0.97%	1.18%	0.68%	0.00%

Frequently Asked Questions

Can I hold both CGDV and ROE in my portfolio?

CGDV and ROE have a correlation of 0.82, 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 ROE?

ROE has higher volatility (3.69%) compared to CGDV (3.08%). In terms of maximum drawdown, CGDV dropped -21.82% vs ROE's -19.10%.

Which ETF is better, CGDV or ROE?

On 1-year performance, ROE leads with 38.24% vs 31.52% for CGDV. On fees, CGDV is cheaper at 0.33% per year. On volatility, CGDV has been the lower-risk option at 3.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGDV or ROE?

Over the 1-year period, ROE has performed better with a 38.24% return vs 31.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGDV or ROE?

CGDV is cheaper with a 0.33% expense ratio, compared with 0.49% for ROE.

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

CGDV has the higher dividend yield at 1.16%, compared with 0.94% for ROE.

What is the main difference between CGDV and ROE?

They also come from different issuers: Capital Group and Astoria. Their fees differ too: 0.33% for CGDV and 0.49% for ROE.

Which has better risk-adjusted returns?

ROE currently has the higher Sharpe Ratio (2.76 vs 2.73), 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.