LOMAX vs. CGDV

Last updated Jun 24, 2026

LOMAX (Edgar Lomax Value Fund) and CGDV (Capital Group Dividend Value ETF) are both Large Cap Value Equities funds. Over the past 3 years, LOMAX returned 16.71%/yr vs 24.17%/yr for CGDV. A 0.76 correlation means they provide meaningful diversification when combined. LOMAX charges 0.70%/yr vs 0.33%/yr for CGDV.

Performance

LOMAX vs. CGDV - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with LOMAX having a 10.68% return and CGDV slightly higher at 11.07%.

LOMAX

• 1D: 0.51%
• 1M: -0.06%
• YTD: 10.68%
• 6M: 10.34%
• 1Y: 24.20%
• 3Y*: 16.71%
• 5Y*: 10.45%
• 10Y*: 10.88%

CGDV

• 1D: -1.04%
• 1M: 0.75%
• YTD: 11.07%
• 6M: 10.39%
• 1Y: 27.24%
• 3Y*: 24.17%
• 5Y*: —
• 10Y*: —

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

LOMAX vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LOMAX Edgar Lomax Value Fund	10.68%	18.09%	10.29%	5.19%	2.33%
CGDV Capital Group Dividend Value ETF	11.07%	25.50%	20.10%	28.81%	-0.44%

Correlation

The correlation between LOMAX and CGDV is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.76

Over the past year, the correlation between LOMAX and CGDV has dropped to 0.47 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.

Return for Risk

LOMAX vs. CGDV — Risk / Return Rank

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

LOMAX

LOMAX Risk / Return Rank: 85
LOMAX Sharpe Ratio Rank: 84
LOMAX Sortino Ratio Rank: 84
LOMAX Omega Ratio Rank: 71
LOMAX Calmar Ratio Rank: 94
LOMAX Martin Ratio Rank: 91

CGDV

CGDV Risk / Return Rank: 69
CGDV Sharpe Ratio Rank: 72
CGDV Sortino Ratio Rank: 71
CGDV Omega Ratio Rank: 73
CGDV Calmar Ratio Rank: 59
CGDV Martin Ratio Rank: 72

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.

LOMAX vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Edgar Lomax Value Fund (LOMAX) 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.

	LOMAX	CGDV	Difference
Sharpe ratio: Return per unit of total volatility	2.52	2.23	+0.29
Sortino ratio: Return per unit of downside risk	3.70	3.06	+0.64
Omega ratio: Gain probability vs. loss probability	1.43	1.41	+0.01
Calmar ratio: Return relative to maximum drawdown	5.18	2.81	+2.37
Martin ratio: Return relative to average drawdown	16.86	13.07	+3.79

LOMAX vs. CGDV - Sharpe Ratio Comparison

The current LOMAX Sharpe Ratio is 2.52, which is comparable to the CGDV Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of LOMAX 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

LOMAX vs. CGDV - Drawdown Comparison

The maximum LOMAX drawdown since its inception was -57.82%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for LOMAX and CGDV.

Drawdown Indicators

	LOMAX	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-57.82%	-21.82%	-36.00%
Max Drawdown (1Y) Largest decline over 1 year	-4.86%	-9.75%	+4.89%
Max Drawdown (3Y) Largest decline over 3 years	-11.93%	-14.28%	+2.35%
Max Drawdown (5Y) Largest decline over 5 years	-17.50%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.81%	—	—
Current Drawdown Current decline from peak	-2.30%	-1.79%	-0.51%
Average Drawdown Average peak-to-trough decline	-9.39%	-3.59%	-5.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	2.09%	-0.60%

Volatility

LOMAX vs. CGDV - Volatility Comparison

The current volatility for Edgar Lomax Value Fund (LOMAX) is 3.36%, while Capital Group Dividend Value ETF (CGDV) has a volatility of 4.64%. This indicates that LOMAX 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

	LOMAX	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.36%	4.64%	-1.28%
Volatility (6M) Calculated over the trailing 6-month period	7.19%	9.92%	-2.73%
Volatility (1Y) Calculated over the trailing 1-year period	9.97%	12.28%	-2.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.22%	15.57%	-2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.52%	15.57%	+0.95%

LOMAX vs. CGDV - Expense Ratio Comparison

LOMAX has a 0.70% expense ratio, which is higher than CGDV's 0.33% expense ratio.

Dividends

LOMAX vs. CGDV - Dividend Comparison

LOMAX's dividend yield for the trailing twelve months is around 5.73%, 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%
LOMAX Edgar Lomax Value Fund	5.73%	6.34%	6.27%	4.66%	7.73%	5.11%	12.52%	2.16%	15.97%	8.80%	2.68%	15.54%

Frequently Asked Questions

Can I hold both LOMAX and CGDV in my portfolio?

LOMAX and CGDV have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LOMAX or CGDV?

CGDV has higher volatility (4.64%) compared to LOMAX (3.36%). In terms of maximum drawdown, LOMAX dropped -57.82% vs CGDV's -21.82%.

Which has better risk-adjusted returns?

LOMAX currently has the higher Sharpe Ratio (2.52 vs 2.23), 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.