CCOR vs CGCV

CCORDCore Alternative ETF

CGCVACapital Group Conservative Equity ETF

In short

CCOR Hedged equity that buys its hedge instead of selling calls: about 40 large-cap growth and quality names ringed by long S&P 500 put options, aiming for low correlation to the broad market. Active since 2017.

CGCV Capital Group's stock pickers took on a three-part job in one equity fund: current income, capital growth, and preservation of principal. Roughly 100 US names, actively chosen, priced under most defensive-equity rivals.

Stated mandate

CCOR The Fund seeks capital appreciation and preservation with low correlation to the broader U.S. equity market. It combines a concentrated large-cap long-equity portfolio with S&P 500 put options intended to reduce downside risk and seek positive returns during equity declines.

CGCV The fund seeks to balance current income, capital growth, and preservation of principal.

Why people hold it

• CCOR The protection is purchased, not financed by giving away upside. Long index puts sit beside the stock sleeve, intended to cushion sharp declines and seek gains when equities fall.
• Built to march to its own drum: the stated goal is capital appreciation plus preservation with low correlation to the broad U.S. market, not a closet S&P 500 clone.
• Concentrated and genuinely active. Roughly 40 U.S. large caps picked for growth and quality, with no index to hug.
• A 2017 launch means a long live record through real selloffs, not a backtest.

• CGCV Charges 0.33% a year against a 0.47% median for its defensive US equity group, which is unusual for an actively run fund rather than an index tracker.
• The mandate is spelled out in the prospectus, not implied by a label: balance current income, capital growth, and preservation of principal.
• About 100 US stocks, picked by managers rather than pulled from an index, with cash paid out quarterly.
• Already a multi-billion-dollar fund that trades smoothly for its age, and one of the stronger builds in a small low-volatility peer group.

Worth knowing

• CCOR Options expertise costs 1.16% a year, above the norm for low-volatility peers, with no waiver trimming it. SELV charges 0.15% and CGCV 0.33%.
• Small fund, light trading. Spreads can run wider than in big peers, which makes limit orders the usual tool here.
• A standing put position costs premium every year. That is the price of the cushion, and it weighs on results in calm, grinding rallies.

• CGCV Preservation of principal is a stated goal, not a floor. This is a stock fund, and it can fall when the market does.
• It launched in 2024, so there is only a short stretch of live data behind any read on how it handles rough markets.
• Cheaper defensive shelf-mates exist: SELV runs at 0.15% and TOAK at 0.25%, though both take different routes to lower volatility.

Full CCOR profile⁠

Full CGCV profile⁠