CGSD vs. DDV

Last updated Aug 2, 2026

CGSD (Capital Group Short Duration Income ETF) and DDV (Defined Duration 5 ETF) are both exchange-traded funds - CGSD is a Short-Term Bond fund actively managed by Capital Group, while DDV is a Intermediate Core Bond fund actively managed by Discipline Funds. Both are actively managed. Their 0.60 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.25% expense ratio.

Performance

CGSD vs. DDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Short Duration Income ETF (CGSD) and Defined Duration 5 ETF (DDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGSD achieves a 1.06% return, which is significantly lower than DDV's 2.35% return.

CGSD

• 1D: 0.01%
• 1M: 0.05%
• 6M: 0.74%
• YTD: 1.06%
• 1Y: 3.28%
• 3Y*: 5.29%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.07%

DDV

• 1D: -0.13%
• 1M: -0.06%
• 6M: 1.60%
• YTD: 2.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CGSD Capital Group Short Duration Income ETF	$12.97M	$11.74M	$11.40M
DDV Defined Duration 5 ETF	$74.78K	$50.90K	$102.48K

CGSD vs. DDV - Yearly Performance Comparison

	2026 (YTD)	2025
CGSD Capital Group Short Duration Income ETF	1.06%	0.86%
DDV Defined Duration 5 ETF	2.35%	0.47%

Correlation

The correlation between CGSD and DDV is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025	0.60

Return for Risk

CGSD vs. DDV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CGSD

CGSD Risk / Return Rank: 92
CGSD Sharpe Ratio Rank: 94
CGSD Sortino Ratio Rank: 95
CGSD Omega Ratio Rank: 95
CGSD Calmar Ratio Rank: 86
CGSD Martin Ratio Rank: 92

DDV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CGSD vs. DDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Short Duration Income ETF (CGSD) and Defined Duration 5 ETF (DDV). 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.

	CGSD	DDV	Difference
Sharpe ratio: Return per unit of total volatility	2.61	—	—
Sortino ratio: Return per unit of downside risk	4.09	—	—
Omega ratio: Gain probability vs. loss probability	1.53	—	—
Calmar ratio: Return relative to maximum drawdown	3.38	—	—
Martin ratio: Return relative to average drawdown	15.73	—	—

Drawdowns

CGSD vs. DDV - Drawdown Comparison

The maximum CGSD drawdown since its inception was -1.75%, smaller than the maximum DDV drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for CGSD and DDV.

Drawdown Indicators

	CGSD	DDV	Difference
Max Drawdown Largest peak-to-trough decline	-1.75%	-1.92%	+0.17%
Max Drawdown (1Y) Largest decline over 1 year	-1.11%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-1.11%	—	—
Current Drawdown Current decline from peak	-0.03%	-0.29%	+0.26%
Average Drawdown Average peak-to-trough decline	-0.28%	-0.34%	+0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.24%	—	—

Volatility

Volatility by Period

	CGSD	DDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.45%	2.64%	-1.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.14%	2.64%	-0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.14%	2.64%	-0.50%

CGSD vs. DDV - Expense Ratio Comparison

Both CGSD and DDV have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

CGSD vs. DDV - Dividend Comparison

CGSD's dividend yield for the trailing twelve months is around 4.46%, more than DDV's 1.62% yield.

Position	TTM	2025	2024	2023	2022
CGSD Capital Group Short Duration Income ETF	4.46%	4.48%	4.57%	4.43%	0.64%
DDV Defined Duration 5 ETF	1.62%	0.42%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGSD and DDV in my portfolio?

CGSD and DDV have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CGSD or DDV?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGSD or DDV?

CGSD and DDV have the same expense ratio: 0.25% per year.

Which ETF pays a higher dividend yield, CGSD or DDV?

CGSD has the higher dividend yield at 4.46%, compared with 1.62% for DDV.

What is the main difference between CGSD and DDV?

CGSD is categorized as Short-Term Bond, while DDV is Intermediate Core Bond. They also come from different issuers: Capital Group and Discipline Funds.