MDLV vs. CGVV

Last updated Jul 16, 2026

MDLV (Morgan Dempsey Large Cap Value ETF) and CGVV (Capital Group U.S. Large Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, MDLV returned 17.28% vs 21.66% for CGVV. A 0.54 correlation means they provide meaningful diversification when combined. MDLV charges 0.58%/yr vs 0.33%/yr for CGVV.

Performance

MDLV vs. CGVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Dempsey Large Cap Value ETF (MDLV) and Capital Group U.S. Large Value ETF (CGVV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MDLV achieves a 10.52% return, which is significantly lower than CGVV's 14.86% return.

MDLV

• 1D: -0.50%
• 1M: -0.91%
• 6M: 7.49%
• YTD: 10.52%
• 1Y: 17.28%
• 3Y*: 12.57%
• 5Y*: —
• 10Y*: —

CGVV

• 1D: 0.42%
• 1M: -0.10%
• 6M: 10.15%
• YTD: 14.86%
• 1Y: 21.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MDLV vs. CGVV - Yearly Performance Comparison

	2026 (YTD)	2025
MDLV Morgan Dempsey Large Cap Value ETF	10.52%	8.29%
CGVV Capital Group U.S. Large Value ETF	14.86%	6.55%

Correlation

The correlation between MDLV and CGVV is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.54

The correlation between MDLV and CGVV has been stable across timeframes, ranging from 0.53 to 0.54 - a consistent structural relationship.

Return for Risk

MDLV vs. CGVV — Risk / Return Rank

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

MDLV

MDLV Risk / Return Rank: 77
MDLV Sharpe Ratio Rank: 74
MDLV Sortino Ratio Rank: 77
MDLV Omega Ratio Rank: 67
MDLV Calmar Ratio Rank: 88
MDLV Martin Ratio Rank: 80

CGVV

CGVV Risk / Return Rank: 56
CGVV Sharpe Ratio Rank: 57
CGVV Sortino Ratio Rank: 57
CGVV Omega Ratio Rank: 54
CGVV Calmar Ratio Rank: 52
CGVV Martin Ratio Rank: 59

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.

MDLV vs. CGVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Dempsey Large Cap Value ETF (MDLV) and Capital Group U.S. Large Value ETF (CGVV). 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.

	MDLV	CGVV	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.57	+0.34
Sortino ratio: Return per unit of downside risk	2.76	2.23	+0.53
Omega ratio: Gain probability vs. loss probability	1.32	1.28	+0.05
Calmar ratio: Return relative to maximum drawdown	4.07	2.15	+1.92
Martin ratio: Return relative to average drawdown	12.25	8.40	+3.85

MDLV vs. CGVV - Sharpe Ratio Comparison

The current MDLV Sharpe Ratio is 1.91, which is comparable to the CGVV Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of MDLV and CGVV, 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

MDLV vs. CGVV - Drawdown Comparison

The maximum MDLV drawdown since its inception was -10.71%, which is greater than CGVV's maximum drawdown of -10.11%. Use the drawdown chart below to compare losses from any high point for MDLV and CGVV.

Drawdown Indicators

	MDLV	CGVV	Difference
Max Drawdown Largest peak-to-trough decline	-10.71%	-10.11%	-0.60%
Max Drawdown (1Y) Largest decline over 1 year	-4.27%	-10.11%	+5.84%
Max Drawdown (3Y) Largest decline over 3 years	-10.71%	—	—
Current Drawdown Current decline from peak	-1.96%	-0.36%	-1.60%
Average Drawdown Average peak-to-trough decline	-2.25%	-1.56%	-0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.41%	2.59%	-1.18%

Volatility

MDLV vs. CGVV - Volatility Comparison

Morgan Dempsey Large Cap Value ETF (MDLV) and Capital Group U.S. Large Value ETF (CGVV) have volatilities of 3.47% and 3.63%, 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

	MDLV	CGVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.47%	3.63%	-0.16%
Volatility (6M) Calculated over the trailing 6-month period	6.96%	10.66%	-3.70%
Volatility (1Y) Calculated over the trailing 1-year period	9.15%	13.90%	-4.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.53%	13.70%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.53%	13.70%	-3.17%

MDLV vs. CGVV - Expense Ratio Comparison

MDLV has a 0.58% expense ratio, which is higher than CGVV's 0.33% expense ratio.

Dividends

MDLV vs. CGVV - Dividend Comparison

MDLV's dividend yield for the trailing twelve months is around 2.74%, more than CGVV's 0.85% yield.

Position	TTM	2025	2024	2023
CGVV Capital Group U.S. Large Value ETF	0.85%	0.57%	0.00%	0.00%
MDLV Morgan Dempsey Large Cap Value ETF	2.74%	3.00%	2.78%	2.35%

Frequently Asked Questions

Can I hold both MDLV and CGVV in my portfolio?

MDLV and CGVV have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MDLV or CGVV?

CGVV has higher volatility (3.63%) compared to MDLV (3.47%). In terms of maximum drawdown, MDLV dropped -10.71% vs CGVV's -10.11%.

Which ETF is better, MDLV or CGVV?

On 1-year performance, CGVV leads with 21.66% vs 17.28% for MDLV. On fees, CGVV is cheaper at 0.33% per year. On volatility, MDLV has been the lower-risk option at 3.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MDLV or CGVV?

Over the 1-year period, CGVV has performed better with a 21.66% return vs 17.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MDLV or CGVV?

CGVV is cheaper with a 0.33% expense ratio, compared with 0.58% for MDLV.

Which ETF pays a higher dividend yield, MDLV or CGVV?

MDLV has the higher dividend yield at 2.74%, compared with 0.85% for CGVV.

What is the main difference between MDLV and CGVV?

They also come from different issuers: Morgan Dempsey and Capital Group. Their fees differ too: 0.58% for MDLV and 0.33% for CGVV.

Which has better risk-adjusted returns?

MDLV currently has the higher Sharpe Ratio (1.91 vs 1.57), 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.