CGDV vs FDIV

CGDVACapital Group Dividend Value ETF

FDIVBMarketDesk Focused U.S. Dividend 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.

FDIV Most dividend funds hand you hundreds of names and an annual reshuffle. FDIV runs a quant screen down to 60 to 80 U.S. dividend payers and rebuilds that short list every month, for 0.35% a year.

Stated mandate

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

FDIV The Fund seeks capital appreciation and a higher dividend yield than a broad U.S. large-cap dividend-stock index. It invests at least 80% of assets in U.S. dividend-paying companies selected through a quantitative rules-based process.

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.

• FDIV Costs 0.35% a year, below the roughly 0.55% typical for active U.S. dividend-income funds and under strong peers like TDVG (0.50%) and BGIG (0.45%).marketdeskindices.com
• The screen asks for two things at once: an above-average dividend yield and a price below what the sub-adviser reads as fair value. Income without ignoring appreciation.hubspotusercontent-na1.net
• Rebalanced monthly, so the book refreshes on a set cadence instead of drifting between yearly index reviews. Dividend history over a five-year window feeds the screen.marketdeskindices.comhubspotusercontent-na1.net
• Pays quarterly, keeps at least 80% of assets in U.S. dividend payers, and stands in the upper tier of its active dividend-income peer group.

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.

• FDIV Non-diversified by design. With 60 to 80 names, one stock or sector swings the fund far more than it would in a several-hundred-stock dividend index.marketdeskindices.comhubspotusercontent-na1.net
• A smaller, thinly traded fund, so spreads can be wider than in the mega-cap dividend giants and large orders need more care.
• The model does the picking. The prospectus flags quantitative selection and periodic reallocation risk, and monthly reshuffling means real turnover.marketdeskindices.comhubspotusercontent-na1.net

Full CGDV profile⁠

Full FDIV profile⁠