CGDV vs TBG

CGDVACapital Group Dividend Value ETF

TBGBTBG Dividend Focus 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.

TBG An actively run dividend-growth playbook in ETF form: a hand-picked roster of US companies the manager judges able to keep raising payouts, run for income and long-term appreciation rather than headline yield.

Stated mandate

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

TBG The Fund seeks 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.

• TBG Active, not a screen. The sub-adviser picks US companies it believes can grow dividends over time, with room for REITs and MLPs alongside common stock.etfarchitect.com
• 0.45%, with no waiver propping it up. That sits right around the typical active dividend fee and level with BGIG at 0.45%.
• Pays quarterly, and the stated mandate covers both income and long-term capital appreciation, not yield alone.
• Lands in the upper half of a 40-fund active dividend field, one of the stronger builds in a crowded aisle.

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.

• TBG Thinly traded for its category, which can mean wider spreads and more slippage on big or hurried orders.
• Several of the category's top-rated peers cost less: VUS at 0.25%, CGDV at 0.33%, HIDV at 0.35%, none on a waiver.
• Hand-picked means results ride on the sub-adviser's judgment, and the fund only opened in 2023, so the record is short.etfarchitect.com

Full CGDV profile⁠

Full TBG profile⁠