CGV vs SFGV

CGVDConductor Global Equity Value ETF

SFGVASequoia Global Value ETF

In short

CGV A 2013-vintage global value strategy that moved into an ETF wrapper in 2022. Cheapness alone does not earn a slot here: fundamental, quantitative and technical screens all weigh in, and the book stays compact at roughly 50 names.

SFGV A wealth manager's global value model in ETF clothing: SFGV hunts profitable companies with cheap cash flows and a habit of paying shareholders back, at 0.33% net of a waiver through March 31, 2027, below most global value rivals.

Stated mandate

CGV The actively managed fund seeks long-term risk-adjusted total return. It normally invests at least 80% of assets in equity securities or economically equity-linked investments, selecting securities through technical, fundamental, and quantitative analysis focused on value-oriented criteria.

SFGV The Fund seeks long-term growth of capital.

Why people hold it

• CGV Three lenses, not one. Per the prospectus, selection runs on value-oriented criteria screened by technical, fundamental and quantitative analysis, so price action counts too.
• Lived history. The strategy ran as a mutual fund from 2013 and converted into this ETF in 2022, so the process has worked through several market cycles, not just a backtest.tradingview.com
• Built to stay invested and global: normally at least 80% of assets in equities or equity-linked holdings, roughly 50 positions, cash paid out quarterly.

• SFGV Value here means cash, not book value: the US sleeve starts with roughly the 3,000 largest American companies, then ranks them on shareholder yield and free cash flow yield.etfarchitect.com
• 0.33% net of a waiver through March 31, 2027 (0.38% gross), below the category median and under peers like FEGE at 0.50% net of a waiver through December 31, 2026, and GKAT at 0.59%.
• One ticket spans US, developed-international and emerging-market stocks across large, mid and small caps, held through individual names plus ETFs. Pays quarterly.etfarchitect.com
• Trading since January 2024 and already a billion-dollar-plus fund, it sits in the upper tier of its global value peer group.

Worth knowing

• CGV The fee is the headline trade-off: 1.57%, with no waiver trimming it, above the category median. Top-scoring global value peers run far cheaper (AVGV charges 0.26%).
• Thinly traded. Spreads can be wide and size can move the price, so limit orders matter more here than in a mega-cap index fund.
• No declared index and real manager discretion across about 50 names, so returns can wander a long way from any global value benchmark, in either direction.

• SFGV It trades thinly, so spreads can be wider than on the big index names. That cost sits outside the expense ratio.
• Part of the portfolio is held through other ETFs, whose own expenses stack on top of this fund's fee.etfarchitect.com
• The name is younger than the fund: it traded as CCM Global Equity ETF until October 29, 2025, so part of the record predates the Sequoia label.etfarchitect.com

Full CGV profile⁠

Full SFGV profile⁠