CGRO vs. CGDV

Last updated Apr 1, 2026

Compare and contrast key facts about CoreValues Alpha Greater China Growth ETF (CGRO) and Capital Group Dividend Value ETF (CGDV).

CGRO and CGDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGRO is an actively managed fund by CoreValues Alpha. It was launched on Oct 2, 2023. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.

Performance

CGRO vs. CGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CoreValues Alpha Greater China Growth ETF (CGRO) and Capital Group Dividend Value ETF (CGDV). The values are adjusted to include any dividend payments, if applicable.

CGRO vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CGRO CoreValues Alpha Greater China Growth ETF	-12.22%	20.23%	14.75%	2.03%
CGDV Capital Group Dividend Value ETF	-2.26%	25.50%	20.10%	11.76%

Returns By Period

In the year-to-date period, CGRO achieves a -12.22% return, which is significantly lower than CGDV's -2.26% return.

CGRO

• 1D: 2.79%
• 1M: -5.24%
• YTD: -12.22%
• 6M: -23.55%
• 1Y: -10.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CGDV

• 1D: 2.88%
• 1M: -6.44%
• YTD: -2.26%
• 6M: 1.93%
• 1Y: 20.99%
• 3Y*: 21.38%
• 5Y*: —
• 10Y*: —

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

CGRO vs. CGDV - Expense Ratio Comparison

CGRO has a 0.75% expense ratio, which is higher than CGDV's 0.33% expense ratio.

CGRO

CoreValues Alpha Greater China Growth ETF

CGDV

Capital Group Dividend Value ETF

Return for Risk

CGRO vs. CGDV — Risk / Return Rank

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

CGRO

CGRO Risk / Return Rank: 5
CGRO Sharpe Ratio Rank: 5
CGRO Sortino Ratio Rank: 5
CGRO Omega Ratio Rank: 5
CGRO Calmar Ratio Rank: 6
CGRO Martin Ratio Rank: 5

CGDV

CGDV Risk / Return Rank: 78
CGDV Sharpe Ratio Rank: 74
CGDV Sortino Ratio Rank: 76
CGDV Omega Ratio Rank: 78
CGDV Calmar Ratio Rank: 79
CGDV Martin Ratio Rank: 83

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.

CGRO vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CoreValues Alpha Greater China Growth ETF (CGRO) and Capital Group Dividend Value ETF (CGDV). 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.

	CGRO	CGDV	Difference
Sharpe ratio Return per unit of total volatility	-0.40	1.26	-1.66
Sortino ratio Return per unit of downside risk	-0.39	1.83	-2.22
Omega ratio Gain probability vs. loss probability	0.95	1.28	-0.33
Calmar ratio Return relative to maximum drawdown	-0.34	2.01	-2.35
Martin ratio Return relative to average drawdown	-0.81	8.64	-9.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGRO vs. CGDV - Sharpe Ratio Comparison

The current CGRO Sharpe Ratio is -0.40, which is lower than the CGDV Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of CGRO and CGDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CGRO	CGDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.40	1.26	-1.66
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	1.04	-0.73

Correlation

The correlation between CGRO and CGDV is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CGRO vs. CGDV - Dividend Comparison

CGRO's dividend yield for the trailing twelve months is around 3.19%, more than CGDV's 1.34% yield.

	TTM	2025	2024	2023	2022
CGRO CoreValues Alpha Greater China Growth ETF	3.19%	2.48%	2.47%	0.21%	0.00%
CGDV Capital Group Dividend Value ETF	1.34%	1.29%	1.60%	1.65%	1.36%

Drawdowns

CGRO vs. CGDV - Drawdown Comparison

The maximum CGRO drawdown since its inception was -27.01%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for CGRO and CGDV.

Drawdown Indicators

	CGRO	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-27.01%	-21.82%	-5.19%
Max Drawdown (1Y) Largest decline over 1 year	-27.01%	-10.91%	-16.10%
Current Drawdown Current decline from peak	-24.98%	-7.15%	-17.83%
Average Drawdown Average peak-to-trough decline	-9.27%	-3.72%	-5.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.37%	2.54%	+8.83%

Volatility

CGRO vs. CGDV - Volatility Comparison

CoreValues Alpha Greater China Growth ETF (CGRO) has a higher volatility of 8.04% compared to Capital Group Dividend Value ETF (CGDV) at 5.60%. This indicates that CGRO's price experiences larger fluctuations and is considered to be riskier than CGDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGRO	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.04%	5.60%	+2.44%
Volatility (6M) Calculated over the trailing 6-month period	16.02%	9.27%	+6.75%
Volatility (1Y) Calculated over the trailing 1-year period	26.85%	16.77%	+10.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.37%	15.62%	+13.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.37%	15.62%	+13.75%