CGVV vs. DIVZ

Last updated Jun 25, 2026

CGVV (Capital Group U.S. Large Value ETF) and DIVZ (Opal Dividend Income ETF) are both Large Cap Value Equities funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. CGVV charges 0.33%/yr vs 0.65%/yr for DIVZ.

Performance

CGVV vs. DIVZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group U.S. Large Value ETF (CGVV) and Opal Dividend Income ETF (DIVZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGVV achieves a 13.49% return, which is significantly higher than DIVZ's 4.54% return.

CGVV

• 1D: 0.26%
• 1M: 1.51%
• YTD: 13.49%
• 6M: 12.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIVZ

• 1D: -0.31%
• 1M: -1.74%
• YTD: 4.54%
• 6M: 3.63%
• 1Y: 11.08%
• 3Y*: 15.39%
• 5Y*: 9.22%
• 10Y*: —

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

CGVV vs. DIVZ - Yearly Performance Comparison

	2026 (YTD)	2025
CGVV Capital Group U.S. Large Value ETF	13.49%	6.55%
DIVZ Opal Dividend Income ETF	4.54%	7.20%

Correlation

The correlation between CGVV and DIVZ is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.47

Return for Risk

CGVV vs. DIVZ — Risk / Return Rank

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

CGVV

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

DIVZ

DIVZ Risk / Return Rank: 36
DIVZ Sharpe Ratio Rank: 36
DIVZ Sortino Ratio Rank: 36
DIVZ Omega Ratio Rank: 32
DIVZ Calmar Ratio Rank: 42
DIVZ Martin Ratio Rank: 33

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.

CGVV vs. DIVZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group U.S. Large Value ETF (CGVV) and Opal Dividend Income ETF (DIVZ). 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.

	CGVV	DIVZ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.18	—
Sortino ratio: Return per unit of downside risk	—	1.72	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.91	—
Martin ratio: Return relative to average drawdown	—	4.51	—

Drawdowns

CGVV vs. DIVZ - Drawdown Comparison

The maximum CGVV drawdown since its inception was -10.11%, smaller than the maximum DIVZ drawdown of -15.42%. Use the drawdown chart below to compare losses from any high point for CGVV and DIVZ.

Drawdown Indicators

	CGVV	DIVZ	Difference
Max Drawdown Largest peak-to-trough decline	-10.11%	-15.42%	+5.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.83%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.42%	—
Current Drawdown Current decline from peak	-1.30%	-3.17%	+1.87%
Average Drawdown Average peak-to-trough decline	-1.61%	-3.48%	+1.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.46%	—

Volatility

Volatility by Period

	CGVV	DIVZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.86%	9.48%	+4.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.86%	12.63%	+1.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.86%	12.56%	+1.30%

CGVV vs. DIVZ - Expense Ratio Comparison

CGVV has a 0.33% expense ratio, which is lower than DIVZ's 0.65% expense ratio.

Dividends

CGVV vs. DIVZ - Dividend Comparison

CGVV's dividend yield for the trailing twelve months is around 0.50%, less than DIVZ's 2.56% yield.

Position	TTM	2025	2024	2023	2022	2021
CGVV Capital Group U.S. Large Value ETF	0.50%	0.57%	0.00%	0.00%	0.00%	0.00%
DIVZ Opal Dividend Income ETF	2.56%	2.60%	2.63%	3.66%	3.23%	3.83%

Frequently Asked Questions

Can I hold both CGVV and DIVZ in my portfolio?

CGVV and DIVZ have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CGVV or DIVZ?

On fees, CGVV is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGVV or DIVZ?

CGVV is cheaper with a 0.33% expense ratio, compared with 0.65% for DIVZ.

Which ETF pays a higher dividend yield, CGVV or DIVZ?

DIVZ has the higher dividend yield at 2.56%, compared with 0.50% for CGVV.

What is the main difference between CGVV and DIVZ?

They also come from different issuers: Capital Group and TrueShares. Their fees differ too: 0.33% for CGVV and 0.65% for DIVZ.