FEVIX vs. CGDV

Last updated Aug 1, 2026

FEVIX (First Eagle U.S. Value Fund) and CGDV (Capital Group Dividend Value ETF) are both funds - FEVIX is a Diversified Portfolio fund managed by First Eagle, while CGDV is a Large Cap Value Equities fund actively managed by Capital Group. Over the past 3 years, FEVIX returned 14.92%/yr vs 22.55%/yr for CGDV. Their correlation of 0.83 means they have usually moved in the same direction. FEVIX charges 0.83%/yr vs 0.33%/yr for CGDV.

Performance

FEVIX vs. CGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Eagle U.S. Value Fund (FEVIX) and Capital Group Dividend Value ETF (CGDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEVIX achieves a 4.83% return, which is significantly lower than CGDV's 14.16% return.

FEVIX

• 1D: -0.52%
• 1M: 1.09%
• 6M: -0.79%
• YTD: 4.83%
• 1Y: 19.22%
• 3Y*: 14.92%
• 5Y*: 10.73%
• 10Y*: 10.58%
• ALL TIME*: 9.25%

CGDV

• 1D: 0.63%
• 1M: 1.21%
• 6M: 11.03%
• YTD: 14.16%
• 1Y: 25.16%
• 3Y*: 22.55%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.56%

*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)
CGDV Capital Group Dividend Value ETF	$192.53M	$192.47M	$184.78M
FEVIX First Eagle U.S. Value Fund	$0.00	$0.00	$0.00

FEVIX vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FEVIX First Eagle U.S. Value Fund	4.83%	22.95%	15.94%	14.64%	-2.88%
CGDV Capital Group Dividend Value ETF	14.16%	25.50%	20.10%	28.81%	-0.44%

Correlation

The correlation between FEVIX and CGDV 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 (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (3Y) Balances recent behavior with more history.	0.76
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.83

Over the past year, the correlation between FEVIX and CGDV has dropped to 0.60 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

Return for Risk

FEVIX vs. CGDV — Risk / Return Rank

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

FEVIX

FEVIX Risk / Return Rank: 65
FEVIX Sharpe Ratio Rank: 76
FEVIX Sortino Ratio Rank: 73
FEVIX Omega Ratio Rank: 71
FEVIX Calmar Ratio Rank: 65
FEVIX Martin Ratio Rank: 39

CGDV

CGDV Risk / Return Rank: 80
CGDV Sharpe Ratio Rank: 83
CGDV Sortino Ratio Rank: 82
CGDV Omega Ratio Rank: 82
CGDV Calmar Ratio Rank: 71
CGDV Martin Ratio Rank: 84

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.

FEVIX vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Eagle U.S. Value Fund (FEVIX) 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.

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.

	FEVIX	CGDV	Difference
Sharpe ratio: Return per unit of total volatility	1.78	1.90	-0.12
Sortino ratio: Return per unit of downside risk	2.47	2.65	-0.18
Omega ratio: Gain probability vs. loss probability	1.31	1.35	-0.03
Calmar ratio: Return relative to maximum drawdown	2.18	2.44	-0.25
Martin ratio: Return relative to average drawdown	5.67	11.39	-5.72

FEVIX vs. CGDV - Sharpe Ratio Comparison

The current FEVIX Sharpe Ratio is 1.78, which is comparable to the CGDV Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of FEVIX and CGDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FEVIX vs. CGDV - Drawdown Comparison

The maximum FEVIX drawdown since its inception was -36.44%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for FEVIX and CGDV.

Drawdown Indicators

	FEVIX	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-36.44%	-21.82%	-14.62%
Max Drawdown (1Y) Largest decline over 1 year	-8.72%	-9.75%	+1.03%
Max Drawdown (3Y) Largest decline over 3 years	-10.47%	-14.28%	+3.81%
Max Drawdown (5Y) Largest decline over 5 years	-19.34%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.97%	—	—
Current Drawdown Current decline from peak	-3.70%	0.00%	-3.70%
Average Drawdown Average peak-to-trough decline	-4.05%	-3.52%	-0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	2.09%	+1.26%

Volatility

FEVIX vs. CGDV - Volatility Comparison

First Eagle U.S. Value Fund (FEVIX) and Capital Group Dividend Value ETF (CGDV) have volatilities of 3.43% and 3.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEVIX	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.43%	3.28%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	8.41%	10.06%	-1.65%
Volatility (1Y) Calculated over the trailing 1-year period	10.74%	12.55%	-1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.53%	15.48%	-2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.79%	15.48%	-1.69%

FEVIX vs. CGDV - Expense Ratio Comparison

FEVIX has a 0.83% expense ratio, which is higher than CGDV's 0.33% expense ratio.

Dividends

FEVIX vs. CGDV - Dividend Comparison

FEVIX's dividend yield for the trailing twelve months is around 9.03%, more than CGDV's 1.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGDV Capital Group Dividend Value ETF	1.18%	1.29%	1.60%	1.65%	1.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FEVIX First Eagle U.S. Value Fund	9.03%	9.46%	6.79%	6.67%	8.32%	9.28%	1.93%	8.58%	16.27%	9.09%	8.76%	5.07%

Frequently Asked Questions

Can I hold both FEVIX and CGDV in my portfolio?

FEVIX and CGDV 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 is riskier, FEVIX or CGDV?

FEVIX has higher volatility (3.43%) compared to CGDV (3.28%). In terms of maximum drawdown, FEVIX dropped -36.44% vs CGDV's -21.82%.

Which has better risk-adjusted returns?

CGDV currently has the higher Sharpe Ratio (1.90 vs 1.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.