CGDG vs ICAP

CGDGACapital Group Dividend Growers ETF

ICAPDInfrastructure Capital Equity Income Fund ETF

In short

CGDG Capital Group's stock pickers hunt dividend growers anywhere on the map, developed markets and emerging ones alike, and charge less than the typical active global fund to do it. Roughly 100 names, income paid quarterly.

ICAP A hands-on income fund in a cohort of cheap dividend screens. InfraCap runs ICAP actively, chasing maximum income with total return on the side, and pays out monthly. You pay up for that: the fee sits at the top of its peer group.

Stated mandate

CGDG CGDG seeks long-term total returns by investing in companies worldwide with the potential to provide attractive yield and dividend growth over the long term.

ICAP The Fund seeks to maximize income while also pursuing total-return opportunities.

Why people hold it

• CGDG Charges 0.47% a year, below the going rate for actively managed global equity ETFs. Cheap for a hand-picked portfolio, even if index products undercut it.
• The mandate is genuinely worldwide, developed and emerging markets both in scope, and it screens for dividend growth potential rather than chasing the fattest current yield.
• About 100 holdings, concentrated enough that individual picks carry real weight instead of getting diluted into an index-shaped blob. Distributions land quarterly.
• Rates among the strongest funds in a crowded global active-equity group, and one of the few there built specifically around dividend growers.

• ICAP Does what the prospectus advertises: income first, total return second, with distributions declared monthly out of net investment income.
• Genuinely active, not an index in disguise. The holdings reflect a manager's calls, which is the entire reason to own it next to rules-based dividend screens.
• Monthly cash rhythm rather than quarterly, and a live record going back to its 2021 launch rather than a fresh backtest.
• Sticks tightly to its stated mandate, one of the closer mandate-to-portfolio matches among its dividend-income peers.

Worth knowing

• CGDG Launched in 2023, so there's no decade of results to judge this team's approach through a full market cycle.
• Several highly rated global peers (GSWO, DFAW, AVGE) charge less. The extra fee here buys active selection, not broader coverage.
• Emerging-market holdings bring currency swings and country-specific risk that a US-only dividend fund doesn't carry.

• ICAP The fee is the headline trade-off: 2.47% a year, roughly two and a half times the median for its dividend-income cohort and far above options like DIVD at 0.49%.
• Thinly traded next to the category's giants, so spreads can be wider and bigger orders can nudge the price.
• Income-first and actively managed means a choppier ride than the plain dividend trackers it sits beside, and it lands in the lower half of its cohort overall.

Full CGDG profile⁠

Full ICAP profile⁠