CGDV vs DIVZ

CGDVACapital Group Dividend Value ETF

DIVZCPolen Dividend Income ETF

In short

CGDV A stock picker's dividend fund at near-index pricing: 0.33% a year, roughly 60 names, and a mandate for above-average yield plus growth. Live since 2022 and already grown into a multi-billion-dollar fund.

DIVZ About 30 stocks, picked one at a time, with a value lens and a monthly payout. DIVZ is the stock-picker's answer to the dividend index screen, aiming for a higher yield and lower volatility than the S&P 500.

Stated mandate

CGDV The fund seeks income above the average yield of U.S. stocks while also offering capital-growth potential.

DIVZ The actively managed fund seeks capital appreciation with lower volatility and a higher dividend yield than the S&P 500 Index.

Why people hold it

• CGDV Costs 0.33% a year while the typical fund in its active dividend peer group charges around 0.55%. Active stock picking, index-fund pricing.
• Dual mandate: income above the average yield of U.S. stocks plus capital-growth potential. Not a pure yield chase.capitalgroup.com
• Tens of billions in assets and heavy daily trading make it one of the easier funds in its peer group to get in and out of at a fair spread.
• Delivers its stated mandate with unusual consistency for an active fund, placing it among the strongest implementations in its dividend-income peer group.

• DIVZ Actively managed, not rules-screened: the mandate targets capital appreciation with lower volatility and a higher dividend yield than the S&P 500.
• Pays monthly, so the income arrives on the same rhythm as most bills instead of in quarterly lumps.
• A value discipline sits underneath the yield, aiming at cheaper cash generators rather than whatever pays the most today.
• Roughly 30 names, all US-listed. Every position is a real decision, not index filler.

Worth knowing

• CGDV About 60 holdings. That concentration means individual company stumbles land harder than in a fund holding hundreds of names.
• Active and benchmark-agnostic: results track the managers' calls, not an index, so it can drift well away from the broad market in either direction.
• Pays quarterly, not monthly. Worth knowing if you're building an income schedule.

• DIVZ At 0.65% a year it sits above the typical fee in its dividend-income group, and active peers like CGDV (0.33%) and TDVG (0.50%) charge less.
• Concentration cuts both ways: with about 30 holdings, a single stumble moves the fund far more than it would in a broad index.
• Volume is thin next to the giant dividend ETFs, so spreads and limit orders matter more here.

Full CGDV profile⁠

Full DIVZ profile⁠