CGDV vs. VMRXX

Last updated Jun 9, 2026

CGDV (Capital Group Dividend Value ETF) and VMRXX (Vanguard Cash Reserves Federal Money Market Fund Admiral Shares) are both funds - CGDV is a Large Cap Value Equities fund actively managed by Capital Group, while VMRXX is a Money Market fund actively managed by Vanguard. Both are actively managed. Over the past 3 years, CGDV returned 24.27%/yr vs 3.96%/yr for VMRXX. At a 0.03 correlation, their price movements are largely independent. CGDV charges 0.33%/yr vs 0.10%/yr for VMRXX.

Performance

CGDV vs. VMRXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Dividend Value ETF (CGDV) and Vanguard Cash Reserves Federal Money Market Fund Admiral Shares (VMRXX). 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 VMRXX's 1.50% return.

CGDV

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

VMRXX

• 1D: 0.00%
• 1M: 0.30%
• YTD: 1.50%
• 6M: 1.83%
• 1Y: 3.96%
• 3Y*: 3.96%
• 5Y*: 2.76%
• 10Y*: —

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

CGDV vs. VMRXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CGDV Capital Group Dividend Value ETF	10.15%	25.50%	20.10%	28.81%	-2.89%
VMRXX Vanguard Cash Reserves Federal Money Market Fund Admiral Shares	1.50%	4.25%	3.45%	4.65%	0.00%

Correlation

The correlation between CGDV and VMRXX is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022	0.03

CGDV vs. VMRXX - Sectors Allocation Comparison

Sectors	CGDV	VMRXX
Technology	34.1%	-
Industrials	13.2%	-
Healthcare	11.5%	-
Consumer Cyclical	10.6%	-
Communication Services	8.4%	-
Financial Services	6.8%	17.8%
Consumer Defensive	5.5%	-
Energy	3.8%	-
Basic Materials	2.9%	-
Utilities	2.1%	-
Real Estate	1.1%	-

Return for Risk

CGDV vs. VMRXX — 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

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. VMRXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Value ETF (CGDV) and Vanguard Cash Reserves Federal Money Market Fund Admiral Shares (VMRXX). 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	VMRXX	Difference
Sharpe ratio: Return per unit of total volatility	2.34	3.67	-1.33
Sortino ratio: Return per unit of downside risk	3.20	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	2.84	—	—
Martin ratio: Return relative to average drawdown	13.37	—	—
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. VMRXX - Sharpe Ratio Comparison

The current CGDV Sharpe Ratio is 2.34, which is lower than the VMRXX Sharpe Ratio of 3.67. The chart below compares the historical Sharpe Ratios of CGDV and VMRXX, 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	VMRXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	3.67	-1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	2.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	2.76	-1.56

Drawdowns

CGDV vs. VMRXX - Drawdown Comparison

The maximum CGDV drawdown since its inception was -21.82%, which is greater than VMRXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CGDV and VMRXX.

Drawdown Indicators

	CGDV	VMRXX	Difference
Max Drawdown Largest peak-to-trough decline	-21.82%	0.00%	-21.82%
Max Drawdown (1Y) Largest decline over 1 year	-9.75%	0.00%	-9.75%
Max Drawdown (3Y) Largest decline over 3 years	-14.28%	0.00%	-14.28%
Max Drawdown (5Y) Largest decline over 5 years	—	0.00%	—
Current Drawdown Current decline from peak	-2.22%	0.00%	-2.22%
Average Drawdown Average peak-to-trough decline	-3.61%	0.00%	-3.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	0.00%	+2.07%

Volatility

CGDV vs. VMRXX - Volatility Comparison

Capital Group Dividend Value ETF (CGDV) has a higher volatility of 3.60% compared to Vanguard Cash Reserves Federal Money Market Fund Admiral Shares (VMRXX) at 0.30%. This indicates that CGDV's price experiences larger fluctuations and is considered to be riskier than VMRXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGDV	VMRXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	0.30%	+3.30%
Volatility (6M) Calculated over the trailing 6-month period	9.47%	0.79%	+8.68%
Volatility (1Y) Calculated over the trailing 1-year period	11.85%	1.12%	+10.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.51%	1.02%	+14.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.51%	1.02%	+14.49%

CGDV vs. VMRXX - Expense Ratio Comparison

CGDV has a 0.33% expense ratio, which is higher than VMRXX's 0.10% expense ratio.

Dividends

CGDV vs. VMRXX - Dividend Comparison

CGDV's dividend yield for the trailing twelve months is around 1.19%, less than VMRXX's 3.88% yield.

Position	TTM	2025	2024	2023	2022	2021
CGDV Capital Group Dividend Value ETF	1.19%	1.29%	1.60%	1.65%	1.36%	0.00%
VMRXX Vanguard Cash Reserves Federal Money Market Fund Admiral Shares	3.88%	4.15%	3.38%	4.54%	0.00%	0.01%

Frequently Asked Questions

Can I hold both CGDV and VMRXX in my portfolio?

CGDV and VMRXX have a correlation of -0.00, 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 VMRXX?

CGDV has higher volatility (3.60%) compared to VMRXX (0.30%). In terms of maximum drawdown, CGDV dropped -21.82% vs VMRXX's 0.00%.

Which has better risk-adjusted returns?

VMRXX currently has the higher Sharpe Ratio (3.67 vs 2.34), 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.