BDVL vs CGGE

BDVLAiShares Disciplined Volatility Equity Active ETF

CGGEBCapital Group Global Equity ETF

In short

BDVL A global low-volatility fund with an active engine: a quant model picks roughly 500 stocks on low vol, quality and value, scored against MSCI's ACWI Minimum Volatility Index. Fee: 0.39% net of a waiver through June 30, 2028.

CGGE Capital Group's global stock picking in ETF form: about 120 companies from around the world, chosen for growth with a stated eye on conserving principal, at 0.47% when the typical active global peer charges 0.69%.

Stated mandate

BDVL The Fund seeks risk-adjusted total return through active management of equity exposure, with a focus on managing volatility relative to the broad equity market.

CGGE The fund seeks prudent long-term capital growth while also emphasizing conservation of principal. It invests primarily in common stocks of issuers around the world with growth potential.

Why people hold it

• BDVL Costs 0.39% net of a waiver through June 30, 2028, below the median fee among global active equity peers and under sibling fund BFLX at 0.40%.
• Roughly 500 holdings worldwide, so no single stock runs the show. Its holdings build and risk profile rank among the strongest in its peer group.
• Built to hold core equity exposure while leaning toward stocks that have shown smaller price swings than the broad market.ishares.com
• Trading since 2017, a long life for an active equity ETF, and it has gathered billions from investors along the way.

• CGGE 0.47% a year, meaningfully under the 0.69% median for its active global peer group, though index-flavored rivals like GSWO and DFAW still charge less.
• Trading costs are among the smallest frictions here: it changes hands actively and sits at the top end of its group for ease of getting in and out.
• About 120 stocks, not thousands. Every name has to earn its slot, which is the whole point of paying an active manager for global exposure.
• Capital Group put real weight behind the launch: the fund gathered over a billion dollars in assets after opening in 2024.

Worth knowing

• BDVL A model, not an index, picks the names. Active discretion cuts both ways against the MSCI minimum-volatility benchmark it is measured by.
• The low-vol tilt means lighter exposure to the market's most volatile high-flyers, which shapes how it behaves when those names run.
• Cheaper active options sit in the same category: AVTM at 0.22% and AVGE at 0.23% deliver broad global equity without the volatility focus.

• CGGE It opened in 2024, so there is only a short stretch of history, and no full market cycle to show how the approach behaves when things get ugly.
• Active mandate, active outcome: returns hinge on the managers' picks rather than a published index, so results can drift from global benchmarks either way.
• Distributions come annually or semiannually, so this is a growth-oriented holding rather than a regular paycheck.

Full BDVL profile⁠

Full CGGE profile⁠