CGDV vs FRIZ

CGDVACapital Group Dividend Value ETF

FRIZCFranklin Dividend Growth 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.

FRIZ Franklin's dividend-growth entry, run by stock pickers, chases companies that keep raising payouts while aiming at long-term capital appreciation rather than a fat yield. It launched in 2025 priced under the typical active dividend fund.

Stated mandate

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

FRIZ The Fund seeks long-term capital appreciation. Normally, it invests at least 80% of its net assets in dividend-growth companies with consistent or increasing dividends, or potential for future dividend increases.

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.

• FRIZ Costs 0.49% a year, below the 0.55% median for active dividend funds in its group and a shade under T. Rowe Price's TDVG at 0.50%.
• The mandate is on paper, not vibes: at least 80% of net assets in companies with consistent or rising dividends, or the potential to start raising them.
• Total-return framing. The stated goal is long-term capital appreciation, so dividend growth is the screen rather than a yield target, with cash paid out quarterly.
• What it owns lines up closely with what the prospectus describes, one of the tighter mandate-to-portfolio fits among active dividend funds.

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.

• FRIZ It opened in August 2025, so there is no long record to lean on and the risk picture rests on a short window.
• A small, lightly traded fund so far, which can mean wider spreads than the category's household names. Limit orders are the standard tool for that.
• Crowded shelf: cheaper, longer-running rivals like CGDV (0.33%) and HIDV (0.35%) already sit here, and FRIZ lands in the lower half of the peer group for now.

Full CGDV profile⁠

Full FRIZ profile⁠