HOVLX vs. CGDV

Last updated Apr 4, 2026

Compare and contrast key facts about Homestead Funds Value Fund (HOVLX) and Capital Group Dividend Value ETF (CGDV).

HOVLX is managed by Homestead. It was launched on Nov 19, 1990. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.

Performance

HOVLX vs. CGDV - Performance Comparison

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

HOVLX vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HOVLX Homestead Funds Value Fund	1.88%	14.60%	14.29%	12.03%	1.27%
CGDV Capital Group Dividend Value ETF	-1.92%	25.50%	20.10%	28.81%	-2.89%

Returns By Period

In the year-to-date period, HOVLX achieves a 1.88% return, which is significantly higher than CGDV's -1.92% return.

HOVLX

• 1D: 0.02%
• 1M: -4.38%
• YTD: 1.88%
• 6M: 4.09%
• 1Y: 20.36%
• 3Y*: 14.46%
• 5Y*: 9.67%
• 10Y*: 11.96%

CGDV

• 1D: -0.23%
• 1M: -5.20%
• YTD: -1.92%
• 6M: 1.54%
• 1Y: 25.76%
• 3Y*: 21.16%
• 5Y*: —
• 10Y*: —

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

HOVLX vs. CGDV - Expense Ratio Comparison

HOVLX has a 0.63% expense ratio, which is higher than CGDV's 0.33% expense ratio.

HOVLX

Homestead Funds Value Fund

CGDV

Capital Group Dividend Value ETF

Return for Risk

HOVLX vs. CGDV — Risk / Return Rank

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

HOVLX

HOVLX Risk / Return Rank: 36
HOVLX Sharpe Ratio Rank: 34
HOVLX Sortino Ratio Rank: 34
HOVLX Omega Ratio Rank: 37
HOVLX Calmar Ratio Rank: 34
HOVLX Martin Ratio Rank: 41

CGDV

CGDV Risk / Return Rank: 66
CGDV Sharpe Ratio Rank: 67
CGDV Sortino Ratio Rank: 69
CGDV Omega Ratio Rank: 71
CGDV Calmar Ratio Rank: 60
CGDV Martin Ratio Rank: 64

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.

HOVLX vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Homestead Funds Value Fund (HOVLX) 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.

	HOVLX	CGDV	Difference
Sharpe ratio Return per unit of total volatility	0.89	1.24	-0.35
Sortino ratio Return per unit of downside risk	1.31	1.81	-0.50
Omega ratio Gain probability vs. loss probability	1.20	1.28	-0.08
Calmar ratio Return relative to maximum drawdown	1.26	1.94	-0.68
Martin ratio Return relative to average drawdown	5.32	8.10	-2.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HOVLX vs. CGDV - Sharpe Ratio Comparison

The current HOVLX Sharpe Ratio is 0.89, which is comparable to the CGDV Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of HOVLX 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

	HOVLX	CGDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	1.24	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	1.04	-0.44

Correlation

The correlation between HOVLX and CGDV is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HOVLX vs. CGDV - Dividend Comparison

HOVLX's dividend yield for the trailing twelve months is around 10.42%, more than CGDV's 1.33% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOVLX Homestead Funds Value Fund	10.42%	10.62%	9.71%	5.75%	10.54%	8.65%	16.55%	15.30%	11.01%	5.34%	10.00%	7.22%
CGDV Capital Group Dividend Value ETF	1.33%	1.29%	1.60%	1.65%	1.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

HOVLX vs. CGDV - Drawdown Comparison

The maximum HOVLX drawdown since its inception was -57.90%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for HOVLX and CGDV.

Drawdown Indicators

	HOVLX	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-57.90%	-21.82%	-36.08%
Max Drawdown (1Y) Largest decline over 1 year	-8.24%	-9.75%	+1.51%
Max Drawdown (5Y) Largest decline over 5 years	-19.32%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.08%	—	—
Current Drawdown Current decline from peak	-5.35%	-6.83%	+1.48%
Average Drawdown Average peak-to-trough decline	-6.84%	-3.73%	-3.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.87%	2.61%	+0.26%

Volatility

HOVLX vs. CGDV - Volatility Comparison

The current volatility for Homestead Funds Value Fund (HOVLX) is 4.74%, while Capital Group Dividend Value ETF (CGDV) has a volatility of 5.52%. This indicates that HOVLX experiences smaller price fluctuations and is considered to be less risky than CGDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOVLX	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.74%	5.52%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	8.65%	9.25%	-0.60%
Volatility (1Y) Calculated over the trailing 1-year period	16.47%	16.76%	-0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	15.60%	-0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.90%	15.60%	+2.30%