GBX vs. CGDV

Last updated Jun 5, 2026

GBX (The Greenbrier Companies, Inc.) is a stock, while CGDV (Capital Group Dividend Value ETF) is Large Cap Value Equities fund actively managed by Capital Group. Over the past 3 years, GBX returned 20.84%/yr vs 25.65%/yr for CGDV. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

GBX vs. CGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Greenbrier Companies, Inc. (GBX) 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, GBX achieves a 1.53% return, which is significantly lower than CGDV's 12.65% return.

GBX

• 1D: -0.04%
• 1M: -6.62%
• YTD: 1.53%
• 6M: 2.03%
• 1Y: 6.86%
• 3Y*: 20.84%
• 5Y*: 3.03%
• 10Y*: 7.67%

CGDV

• 1D: 0.68%
• 1M: 5.08%
• YTD: 12.65%
• 6M: 13.07%
• 1Y: 31.52%
• 3Y*: 25.65%
• 5Y*: —
• 10Y*: —

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

GBX vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GBX The Greenbrier Companies, Inc.	1.53%	-21.33%	41.32%	36.32%	-21.03%
CGDV Capital Group Dividend Value ETF	12.65%	25.50%	20.10%	28.81%	-2.89%

Correlation

The correlation between GBX and CGDV is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022	0.55

The correlation between GBX and CGDV shifts across timeframes, from 0.41 (1 year) to 0.55 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GBX vs. CGDV — Risk / Return Rank

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

GBX

GBX Risk / Return Rank: 46
GBX Sharpe Ratio Rank: 49
GBX Sortino Ratio Rank: 45
GBX Omega Ratio Rank: 45
GBX Calmar Ratio Rank: 47
GBX Martin Ratio Rank: 46

CGDV

CGDV Risk / Return Rank: 80
CGDV Sharpe Ratio Rank: 84
CGDV Sortino Ratio Rank: 85
CGDV Omega Ratio Rank: 85
CGDV Calmar Ratio Rank: 66
CGDV Martin Ratio Rank: 80

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.

GBX vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Greenbrier Companies, Inc. (GBX) 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.

	GBX	CGDV	Difference
Sharpe ratio: Return per unit of total volatility	0.19	2.73	-2.55
Sortino ratio: Return per unit of downside risk	0.60	3.75	-3.16
Omega ratio: Gain probability vs. loss probability	1.08	1.51	-0.43
Calmar ratio: Return relative to maximum drawdown	0.26	3.25	-2.99
Martin ratio: Return relative to average drawdown	0.44	15.36	-14.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GBX vs. CGDV - Sharpe Ratio Comparison

The current GBX Sharpe Ratio is 0.19, which is lower than the CGDV Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of GBX 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.

Sharpe Ratios by Period

	GBX	CGDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.19	2.73	-2.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	1.25	-1.14

Drawdowns

GBX vs. CGDV - Drawdown Comparison

The maximum GBX drawdown since its inception was -95.61%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for GBX and CGDV.

Drawdown Indicators

	GBX	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-95.61%	-21.82%	-73.79%
Max Drawdown (1Y) Largest decline over 1 year	-26.98%	-9.75%	-17.23%
Max Drawdown (3Y) Largest decline over 3 years	-43.69%	-14.28%	-29.41%
Max Drawdown (5Y) Largest decline over 5 years	-53.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-78.68%	—	—
Current Drawdown Current decline from peak	-31.09%	0.00%	-31.09%
Average Drawdown Average peak-to-trough decline	-39.27%	-3.61%	-35.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.68%	2.06%	+13.62%

Volatility

GBX vs. CGDV - Volatility Comparison

The Greenbrier Companies, Inc. (GBX) has a higher volatility of 5.43% compared to Capital Group Dividend Value ETF (CGDV) at 3.08%. This indicates that GBX'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.

Volatility by Period

	GBX	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.43%	3.08%	+2.35%
Volatility (6M) Calculated over the trailing 6-month period	23.77%	9.15%	+14.62%
Volatility (1Y) Calculated over the trailing 1-year period	36.68%	11.58%	+25.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.58%	15.48%	+27.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.75%	15.48%	+29.27%

Dividends

GBX vs. CGDV - Dividend Comparison

GBX's dividend yield for the trailing twelve months is around 2.78%, more than CGDV's 1.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGDV Capital Group Dividend Value ETF	1.16%	1.29%	1.60%	1.65%	1.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GBX The Greenbrier Companies, Inc.	2.78%	2.70%	1.97%	2.58%	3.22%	2.35%	2.97%	3.08%	2.48%	1.65%	1.97%	1.99%

Frequently Asked Questions

Can I hold both GBX and CGDV in my portfolio?

GBX and CGDV have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GBX or CGDV?

GBX has higher volatility (5.43%) compared to CGDV (3.08%). In terms of maximum drawdown, GBX dropped -95.61% vs CGDV's -21.82%.

Which has better risk-adjusted returns?

CGDV currently has the higher Sharpe Ratio (2.73 vs 0.19), 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.