CGDV vs FDV

CGDVACapital Group Dividend Value ETF

FDVBFederated Hermes U.S. Strategic 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.

FDV A dividend playbook Federated Hermes has run in mutual fund form since 2005, now wrapped in an ETF: about 50 high-dividend U.S. stocks screened for dividend growth, paying monthly. 0.50% net of a waiver through January 1, 2027.

Stated mandate

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

FDV The fund seeks income and long-term capital appreciation through primarily investing in high dividend-paying common stocks of U.S. issuers with potential for 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.

• FDV The mandate is specific: U.S. common stocks yielding more than the S&P 500 average, screened for dividend growth potential. Income with a quality filter, not a pure yield grab.federatedhermes.com
• Cash lands monthly rather than the quarterly rhythm common in dividend funds, and the book stays concentrated at about 50 names, so individual holdings carry real weight.federatedhermes.com
• In a crowded field of roughly 40 active U.S. dividend-income ETFs, it stands among the stronger implementations in the 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.

• FDV At 0.50% net of a waiver through January 1, 2027 (0.61% gross) it sits near the category median, but cheaper active rivals exist: VUS at 0.25%, CGDV at 0.33%, HIDV at 0.35%.
• High-yield screens tilt the book toward income-heavy value sectors, away from the growth names leading the S&P 500 (its own benchmark), so results can diverge from the index.federatedhermes.com
• The ETF launched in 2022, so its own live record is short even if the underlying approach is older, and it trades at moderate volume, which makes limit orders the sensible habit.

Full CGDV profile⁠

Full FDV profile⁠