EVMO vs. CGDV

Last updated Apr 1, 2026

Compare and contrast key facts about Eaton Vance Mortgage Opportunities ETF (EVMO) and Capital Group Dividend Value ETF (CGDV).

EVMO and CGDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EVMO is an actively managed fund by Eaton Vance. It was launched on Aug 4, 2025. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.

Performance

EVMO vs. CGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Mortgage Opportunities ETF (EVMO) and Capital Group Dividend Value ETF (CGDV). The values are adjusted to include any dividend payments, if applicable.

EVMO vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025
EVMO Eaton Vance Mortgage Opportunities ETF	0.38%	3.33%
CGDV Capital Group Dividend Value ETF	-2.26%	8.10%

Returns By Period

In the year-to-date period, EVMO achieves a 0.38% return, which is significantly higher than CGDV's -2.26% return.

EVMO

• 1D: 0.26%
• 1M: -1.26%
• YTD: 0.38%
• 6M: 1.98%
• 1Y: —
• 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)

EVMO vs. CGDV - Expense Ratio Comparison

EVMO has a 0.45% expense ratio, which is higher than CGDV's 0.33% expense ratio.

EVMO

Eaton Vance Mortgage Opportunities ETF

CGDV

Capital Group Dividend Value ETF

Return for Risk

EVMO vs. CGDV — Risk / Return Rank

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

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.

EVMO vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Mortgage Opportunities ETF (EVMO) 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.

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

Sharpe Ratios by Period

	EVMO	CGDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.06	1.04	+1.03

Correlation

The correlation between EVMO and CGDV is 0.22, 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

EVMO vs. CGDV - Dividend Comparison

EVMO's dividend yield for the trailing twelve months is around 3.17%, more than CGDV's 1.34% yield.

	TTM	2025	2024	2023	2022
EVMO Eaton Vance Mortgage Opportunities ETF	3.17%	1.95%	0.00%	0.00%	0.00%
CGDV Capital Group Dividend Value ETF	1.34%	1.29%	1.60%	1.65%	1.36%

Drawdowns

EVMO vs. CGDV - Drawdown Comparison

The maximum EVMO drawdown since its inception was -1.89%, smaller than the maximum CGDV drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for EVMO and CGDV.

Drawdown Indicators

	EVMO	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-1.89%	-21.82%	+19.93%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.91%	—
Current Drawdown Current decline from peak	-1.26%	-7.15%	+5.89%
Average Drawdown Average peak-to-trough decline	-0.25%	-3.72%	+3.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.54%	—

Volatility

Volatility by Period

	EVMO	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.79%	16.77%	-13.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.79%	15.62%	-12.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.79%	15.62%	-12.83%