TDVG vs. GARY

Last updated Jul 14, 2026

TDVG (T. Rowe Price Dividend Growth ETF) and GARY (Mango Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. TDVG charges 0.50%/yr vs 0.77%/yr for GARY.

Performance

TDVG vs. GARY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Dividend Growth ETF (TDVG) and Mango Growth ETF (GARY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TDVG achieves a 10.53% return, which is significantly lower than GARY's 30.03% return.

TDVG

• 1D: -0.18%
• 1M: 1.97%
• 6M: 8.14%
• YTD: 10.53%
• 1Y: 17.71%
• 3Y*: 15.30%
• 5Y*: 10.13%
• 10Y*: —

GARY

• 1D: -1.55%
• 1M: -0.00%
• 6M: 22.99%
• YTD: 30.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDVG vs. GARY - Yearly Performance Comparison

	2026 (YTD)	2025
TDVG T. Rowe Price Dividend Growth ETF	10.53%	0.15%
GARY Mango Growth ETF	30.03%	0.15%

Correlation

The correlation between TDVG and GARY is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 22, 2025	0.61

Return for Risk

TDVG vs. GARY — Risk / Return Rank

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

TDVG

TDVG Risk / Return Rank: 70
TDVG Sharpe Ratio Rank: 72
TDVG Sortino Ratio Rank: 74
TDVG Omega Ratio Rank: 70
TDVG Calmar Ratio Rank: 62
TDVG Martin Ratio Rank: 70

GARY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

TDVG vs. GARY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Dividend Growth ETF (TDVG) and Mango Growth ETF (GARY). 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.

	TDVG	GARY	Difference
Sharpe ratio: Return per unit of total volatility	1.83	—	—
Sortino ratio: Return per unit of downside risk	2.64	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.46	—	—
Martin ratio: Return relative to average drawdown	10.12	—	—

Drawdowns

TDVG vs. GARY - Drawdown Comparison

The maximum TDVG drawdown since its inception was -19.20%, which is greater than GARY's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for TDVG and GARY.

Drawdown Indicators

	TDVG	GARY	Difference
Max Drawdown Largest peak-to-trough decline	-19.20%	-10.28%	-8.92%
Max Drawdown (1Y) Largest decline over 1 year	-7.24%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.02%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.20%	—	—
Current Drawdown Current decline from peak	-0.24%	-5.23%	+4.99%
Average Drawdown Average peak-to-trough decline	-3.70%	-1.87%	-1.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	—	—

Volatility

Volatility by Period

	TDVG	GARY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.71%	21.84%	-12.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.91%	21.84%	-7.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.85%	21.84%	-7.99%

TDVG vs. GARY - Expense Ratio Comparison

TDVG has a 0.50% expense ratio, which is lower than GARY's 0.77% expense ratio.

Dividends

TDVG vs. GARY - Dividend Comparison

TDVG's dividend yield for the trailing twelve months is around 0.97%, more than GARY's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GARY Mango Growth ETF	0.04%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%
TDVG T. Rowe Price Dividend Growth ETF	0.97%	1.00%	1.06%	1.31%	1.15%	0.80%	0.40%

Frequently Asked Questions

Can I hold both TDVG and GARY in my portfolio?

TDVG and GARY have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDVG or GARY?

On fees, TDVG is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDVG or GARY?

TDVG is cheaper with a 0.50% expense ratio, compared with 0.77% for GARY.

Which ETF pays a higher dividend yield, TDVG or GARY?

TDVG has the higher dividend yield at 0.97%, compared with 0.04% for GARY.

What is the main difference between TDVG and GARY?

They also come from different issuers: T. Rowe Price and Mango. Their fees differ too: 0.50% for TDVG and 0.77% for GARY.