FDV vs. CGDV
Compare and contrast key facts about Federated Hermes U.S. Strategic Dividend ETF (FDV) and Capital Group Dividend Value ETF (CGDV).
FDV and CGDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDV is an actively managed fund by Federated. It was launched on Nov 15, 2022. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDV or CGDV.
Correlation
The correlation between FDV and CGDV is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FDV vs. CGDV - Performance Comparison
Key characteristics
FDV:
2.11
CGDV:
2.25
FDV:
2.93
CGDV:
3.10
FDV:
1.37
CGDV:
1.41
FDV:
3.09
CGDV:
4.81
FDV:
8.91
CGDV:
14.01
FDV:
2.60%
CGDV:
1.84%
FDV:
11.02%
CGDV:
11.47%
FDV:
-16.70%
CGDV:
-21.82%
FDV:
-1.43%
CGDV:
-0.43%
Returns By Period
The year-to-date returns for both investments are quite close, with FDV having a 5.33% return and CGDV slightly higher at 5.50%.
FDV
5.33%
2.51%
6.89%
21.50%
N/A
N/A
CGDV
5.50%
3.85%
7.71%
24.00%
N/A
N/A
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FDV vs. CGDV - Expense Ratio Comparison
FDV has a 0.50% expense ratio, which is higher than CGDV's 0.33% expense ratio.
Risk-Adjusted Performance
FDV vs. CGDV — Risk-Adjusted Performance Rank
FDV
CGDV
FDV vs. CGDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes U.S. Strategic Dividend ETF (FDV) 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.
Dividends
FDV vs. CGDV - Dividend Comparison
FDV's dividend yield for the trailing twelve months is around 2.99%, more than CGDV's 1.52% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
FDV Federated Hermes U.S. Strategic Dividend ETF | 2.99% | 3.12% | 3.55% | 0.18% |
CGDV Capital Group Dividend Value ETF | 1.52% | 1.60% | 1.66% | 1.36% |
Drawdowns
FDV vs. CGDV - Drawdown Comparison
The maximum FDV drawdown since its inception was -16.70%, smaller than the maximum CGDV drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for FDV and CGDV. For additional features, visit the drawdowns tool.
Volatility
FDV vs. CGDV - Volatility Comparison
Federated Hermes U.S. Strategic Dividend ETF (FDV) has a higher volatility of 3.13% compared to Capital Group Dividend Value ETF (CGDV) at 2.60%. This indicates that FDV'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.