CGDV vs GEND

CGDVACapital Group Dividend Value ETF

GENDBGenter Capital 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.

GEND A boutique manager's swing at dividend investing: hand-picked US payers at 0.38%, priced under most active funds in the category. It launched at the end of 2024, so it is still one of the small, lightly traded names on the shelf.

Stated mandate

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

GEND The Fund seeks current income and long-term capital appreciation.

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.

• GEND Costs 0.38% for active stock picking, below the typical fee among active dividend funds and under peers like TDVG (0.50%) and BGIG (0.45%).
• Plain mandate: at least 80% of net assets in US stocks with records of paying dividends, aiming at current income plus long-term appreciation.
• Income lands on a quarterly schedule, in a standard 1940 Act fund wrapper with no leverage or derivatives gymnastics in the mandate.

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.

• GEND Launched in December 2024, so the track record is short and the asset base sits at the small end of the dividend shelf.
• Trades thinly next to the category's heavyweights, so the spread between buy and sell prices can be wider at the moment of the trade.
• Results ride on the manager's picks rather than a published index, which means less transparency about what the strategy is trying to beat.

Full CGDV profile⁠

Full GEND profile⁠