XMPT vs. CGDV

Last updated Apr 1, 2026

Compare and contrast key facts about VanEck CEF Municipal Income ETF (XMPT) and Capital Group Dividend Value ETF (CGDV).

XMPT and CGDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMPT is a passively managed fund by VanEck that tracks the performance of the S-Network Municipal Bond Closed-End Fund Index. It was launched on Jul 12, 2011. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.

Performance

XMPT vs. CGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck CEF Municipal Income ETF (XMPT) and Capital Group Dividend Value ETF (CGDV). The values are adjusted to include any dividend payments, if applicable.

XMPT vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XMPT VanEck CEF Municipal Income ETF	-0.80%	8.01%	7.01%	2.55%	-14.64%
CGDV Capital Group Dividend Value ETF	-2.26%	25.50%	20.10%	28.81%	-2.89%

Returns By Period

In the year-to-date period, XMPT achieves a -0.80% return, which is significantly higher than CGDV's -2.26% return.

XMPT

• 1D: 2.14%
• 1M: -4.42%
• YTD: -0.80%
• 6M: 1.08%
• 1Y: 5.47%
• 3Y*: 4.95%
• 5Y*: -0.99%
• 10Y*: 2.06%

CGDV

• 1D: 2.88%
• 1M: -6.44%
• YTD: -2.26%
• 6M: 1.93%
• 1Y: 20.99%
• 3Y*: 21.38%
• 5Y*: —
• 10Y*: —

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

XMPT vs. CGDV - Expense Ratio Comparison

XMPT has a 1.97% expense ratio, which is higher than CGDV's 0.33% expense ratio.

XMPT

VanEck CEF Municipal Income ETF

CGDV

Capital Group Dividend Value ETF

Return for Risk

XMPT vs. CGDV — Risk / Return Rank

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

XMPT

XMPT Risk / Return Rank: 34
XMPT Sharpe Ratio Rank: 35
XMPT Sortino Ratio Rank: 31
XMPT Omega Ratio Rank: 34
XMPT Calmar Ratio Rank: 36
XMPT Martin Ratio Rank: 31

CGDV

CGDV Risk / Return Rank: 78
CGDV Sharpe Ratio Rank: 74
CGDV Sortino Ratio Rank: 76
CGDV Omega Ratio Rank: 78
CGDV Calmar Ratio Rank: 79
CGDV Martin Ratio Rank: 83

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.

XMPT vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck CEF Municipal Income ETF (XMPT) 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.

	XMPT	CGDV	Difference
Sharpe ratio Return per unit of total volatility	0.65	1.26	-0.61
Sortino ratio Return per unit of downside risk	0.90	1.83	-0.93
Omega ratio Gain probability vs. loss probability	1.14	1.28	-0.15
Calmar ratio Return relative to maximum drawdown	0.91	2.01	-1.10
Martin ratio Return relative to average drawdown	2.76	8.64	-5.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XMPT vs. CGDV - Sharpe Ratio Comparison

The current XMPT Sharpe Ratio is 0.65, which is lower than the CGDV Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of XMPT and CGDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XMPT	CGDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.65	1.26	-0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.11	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.20	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	1.04	-0.64

Correlation

The correlation between XMPT and CGDV is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XMPT vs. CGDV - Dividend Comparison

XMPT's dividend yield for the trailing twelve months is around 5.92%, more than CGDV's 1.34% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XMPT VanEck CEF Municipal Income ETF	5.92%	5.87%	5.35%	3.81%	5.12%	3.74%	3.79%	4.08%	5.05%	4.84%	5.35%	5.24%
CGDV Capital Group Dividend Value ETF	1.34%	1.29%	1.60%	1.65%	1.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XMPT vs. CGDV - Drawdown Comparison

The maximum XMPT drawdown since its inception was -35.24%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for XMPT and CGDV.

Drawdown Indicators

	XMPT	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-35.24%	-21.82%	-13.42%
Max Drawdown (1Y) Largest decline over 1 year	-6.64%	-10.91%	+4.27%
Max Drawdown (5Y) Largest decline over 5 years	-35.24%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.24%	—	—
Current Drawdown Current decline from peak	-11.73%	-7.15%	-4.58%
Average Drawdown Average peak-to-trough decline	-8.81%	-3.72%	-5.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	2.54%	-0.34%

Volatility

XMPT vs. CGDV - Volatility Comparison

The current volatility for VanEck CEF Municipal Income ETF (XMPT) is 3.90%, while Capital Group Dividend Value ETF (CGDV) has a volatility of 5.60%. This indicates that XMPT 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

	XMPT	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	5.60%	-1.70%
Volatility (6M) Calculated over the trailing 6-month period	5.12%	9.27%	-4.15%
Volatility (1Y) Calculated over the trailing 1-year period	8.46%	16.77%	-8.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.24%	15.62%	-6.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.33%	15.62%	-5.29%