VBTLX vs. CGDV
VBTLX (Vanguard Total Bond Market Index Fund Admiral Shares) and CGDV (Capital Group Dividend Value ETF) are both funds - VBTLX is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index, while CGDV is a Large Cap Value Equities fund actively managed by Capital Group. VBTLX is passively managed, while CGDV is actively managed. Over the past 3 years, VBTLX returned 4.05%/yr vs 24.15%/yr for CGDV. At a 0.17 correlation, their price movements are largely independent. VBTLX charges 0.04%/yr vs 0.33%/yr for CGDV.
Performance
VBTLX vs. CGDV - Performance Comparison
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Returns By Period
In the year-to-date period, VBTLX achieves a 0.42% return, which is significantly lower than CGDV's 11.55% return.
VBTLX
- 1D
- 0.52%
- 1M
- 0.55%
- YTD
- 0.42%
- 6M
- 0.97%
- 1Y
- 4.90%
- 3Y*
- 4.05%
- 5Y*
- 0.05%
- 10Y*
- 1.54%
CGDV
- 1D
- 0.66%
- 1M
- 0.35%
- YTD
- 11.55%
- 6M
- 12.50%
- 1Y
- 28.33%
- 3Y*
- 24.15%
- 5Y*
- —
- 10Y*
- —
VBTLX vs. CGDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 0.42% | 7.17% | 1.26% | 5.74% | -9.25% |
CGDV Capital Group Dividend Value ETF | 11.55% | 25.50% | 20.10% | 28.81% | -0.44% |
Correlation
The correlation between VBTLX and CGDV is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022 | 0.17 |
The correlation between VBTLX and CGDV shifts across timeframes, from 0.17 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VBTLX vs. CGDV — Risk / Return Rank
VBTLX
CGDV
VBTLX vs. CGDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) 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.
| VBTLX | CGDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.42 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 2.83 | -1.12 |
| Martin ratioReturn relative to average drawdown | 4.93 | 13.19 | -8.26 |
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Drawdowns
VBTLX vs. CGDV - Drawdown Comparison
The maximum VBTLX drawdown since its inception was -18.81%, smaller than the maximum CGDV drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for VBTLX and CGDV.
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Drawdown Indicators
| VBTLX | CGDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.81% | -21.82% | +3.01% |
Max Drawdown (1Y)Largest decline over 1 year | -2.89% | -9.75% | +6.86% |
Max Drawdown (3Y)Largest decline over 3 years | -6.00% | -14.28% | +8.28% |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -18.81% | — | — |
Current DrawdownCurrent decline from peak | -2.18% | -0.98% | -1.20% |
Average DrawdownAverage peak-to-trough decline | -2.67% | -3.60% | +0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 2.09% | -1.09% |
Volatility
VBTLX vs. CGDV - Volatility Comparison
The current volatility for Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) is 1.33%, while Capital Group Dividend Value ETF (CGDV) has a volatility of 4.52%. This indicates that VBTLX 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.
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Volatility by Period
| VBTLX | CGDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 4.52% | -3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 2.85% | 9.80% | -6.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.93% | 12.13% | -8.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.01% | 15.57% | -9.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.98% | 15.57% | -10.59% |
VBTLX vs. CGDV - Expense Ratio Comparison
VBTLX has a 0.04% expense ratio, which is lower than CGDV's 0.33% expense ratio.
Dividends
VBTLX vs. CGDV - Dividend Comparison
VBTLX's dividend yield for the trailing twelve months is around 3.98%, more than CGDV's 1.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGDV Capital Group Dividend Value ETF | 1.17% | 1.29% | 1.60% | 1.65% | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 3.98% | 3.87% | 3.69% | 3.10% | 2.59% | 1.96% | 2.39% | 2.74% | 2.57% | 2.56% | 2.53% | 2.82% |
Frequently Asked Questions
VBTLX and CGDV have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CGDV has higher volatility (4.52%) compared to VBTLX (1.33%). In terms of maximum drawdown, VBTLX dropped -18.81% vs CGDV's -21.82%.
CGDV currently has the higher Sharpe Ratio (2.27 vs 1.25), 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.
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