CGDV vs SPCT

CGDVACapital Group Dividend Value ETF

SPCTDLiberty One Spectrum 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.

SPCT An active dividend fund that slices US large caps into twelve sector buckets, then equal-weights both the sectors and the stocks inside them, and pays out monthly. No mega-cap gravity, no index to hide behind.

Stated mandate

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

SPCT SPCT seeks capital appreciation and current income. It is actively managed and invests mainly in dividend-paying large-capitalization U.S. common stocks across most U.S. equity sectors, generally with equal weighting.

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.

• SPCT Equal weight by stock and by sector across twelve buckets, including oddballs like consumer food and retail, so no single mega-cap sets the tone.sec.gov
• Built around large-cap "blue chip" payers in the Russell 1000 range, chosen for long records of dividend increases in the adviser's view.sec.gov
• Income lands monthly rather than quarterly, which smooths the cash-flow calendar.

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.

• SPCT Fee is 0.85% net of a contractual waiver through December 1, 2026, and 0.88% before it, above the category median; VUS charges 0.25%, CGDV 0.33%.sec.gov
• Thinly traded next to the category's heavyweights, so spreads can run wider; limit orders are the usual workaround.
• No index to anchor it: results ride on the managers' stock and sector calls, and the live record starts only at the September 2025 launch.

Full CGDV profile⁠

Full SPCT profile⁠