CGDV vs TDVG

CGDVACapital Group Dividend Value ETF

TDVGBT. Rowe Price 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.

TDVG T. Rowe Price's stock pickers in an ETF wrapper. TDVG hunts companies that keep raising dividends rather than the fattest current yields, in a compact book of roughly 100 US names, and has been running since 2020.

Stated mandate

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

TDVG The fund seeks dividend income and long-term capital 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.

• TDVG Dividend growth, not top yield: at least 80% in stocks with an established or expected record of paying dividends, screened for sustainable earnings, sound finances and durable advantages.
• At 0.50% it undercuts the typical active dividend fund, and it rates among the stronger implementations in a crowded active-income field.
• About 100 stocks, so manager conviction shows instead of getting diluted across hundreds of names. Income is paid quarterly.
• A multi-billion-dollar fund live since 2020, with trading that has held up well for an actively managed strategy.

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.

• TDVG The screens favor companies raising payouts over the fattest current yielders, so the income profile tends to run lighter than deep-value dividend strategies.
• 0.50% is active-manager pricing: strong peers in the same cohort charge less, including CGDV at 0.33% and HIDV at 0.35%.
• No index to hide behind. Outcomes ride on the team's picks, and a US-only book of roughly 100 stocks carries full equity market risk.

Full CGDV profile⁠

Full TDVG profile⁠