CGDV vs DVND

CGDVACapital Group Dividend Value ETF

DVNDBTouchstone Dividend Select 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.

DVND Active dividend picking with a moat filter: Fort Washington looks for large-cap companies whose competitive advantages can keep funding a rising dividend, bought at what it judges a reasonable price. A few dozen names, paid quarterly.

Stated mandate

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

DVND The Fund seeks current income and capital appreciation. It normally invests at least 80% of assets in equity securities of U.S. large-cap companies with a history of paying dividends, emphasizing consistent dividend growth.

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.

• DVND Quality screen, not a yield screen: the prospectus targets consistent, growing dividend payers with barriers to entry strong enough to keep funding those payments.sec.gov
• 0.50% net of a fee waiver through April 29, 2027, which lands near the typical fee in its US dividend-income category.
• The portfolio sticks closely to its stated job (US large-cap dividend payers), and the fund sits in the upper half of its dividend-income peer group.
• Low-churn by design: valuation-driven entries and historically light portfolio turnover, so less trading drag and fewer taxable events to pass along.sec.govsec.gov 2

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.

• DVND That 0.50% is contractual, not permanent: the gross expense ratio is 1.15%, and the waiver runs through April 29, 2027.
• Thinly traded with a modest asset base, which tends to mean wider bid-ask spreads than the category's household names.
• Cheaper options exist among the category's strongest funds, with no waiver attached: VUS at 0.25%, CGDV at 0.33%, HIDV at 0.35%.

Full CGDV profile⁠

Full DVND profile⁠