Data as of Oct 28, 2026.
CGDV vs MGV: Differences, Returns & Fees
Over the year to Oct 28, 2026, CGDV returned +15.8% to MGV's +23.9%; 24% of their weight is in the same names.
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Net assets: $39.1bn on Oct 27, 2026 for Capital Group Dividend Value ETF, and $13.5bn on Sep 30, 2026 for Vanguard Morningstar Mega Cap Value ETF.
Pair scorecard
MGV costs 0.28 points a year less; their one-year returns differ by 8.1 points; CGDV is 2.8 times larger.
| Measure | CGDV | MGV |
|---|---|---|
| Return | ||
| Total return, 1 year | +15.8% | +23.9% |
| Drawdown | ||
| Below its high | 3.6%, high on Aug 13, 2026 | |
| Benchmark | ||
| What it tracks | No index, actively managed | Morningstar US Mega Cap Value Index |
| Cost and size | ||
| Expense ratio | 0.33% | 0.05% |
| Net assets, as of Sep 30, 2026 | $38.4bn | $13.5bn |
| Holdings | ||
| Holdings in common | 24% | |
| Top ten holdings, share of the fund | 42.0% | 30.4% |
Holdings in common uses holdings dated Aug 31, 2026 and Sep 30, 2026. Method
What they share
By the books each fund has filed, CGDV and MGV hold 24% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Sep 30, 2026.
half
24% in common
Only in one fund ↓
Side by side
CGDV and MGV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
CGDV and MGV are built for the same job. How do they differ in cost, holdings and results?
- What each follows. CGDV follows No index, actively managed and MGV follows Morningstar US Mega Cap Value Index.
- Holdings in common. 24% of the weight is in the same securities (holdings dated Aug 31, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 CGDV returned +15.8% and MGV +23.9% with distributions reinvested, a gap of 8.1 points.
Data as of Oct 28, 2026.
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Over the year to Oct 28, 2026 it returned +15.8% with distributions reinvested, against +27.5% for its benchmark, the Russell 1000 Value Index.
CGDV is actively managed and tracks no index. The prospectus expense ratio is 0.33% a year. By its holdings filed for Aug 31, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 53 positions, with the top ten at 42.0%. It sat 3.6% below its high of Aug 13, 2026 on Oct 28, 2026.
MGV
MGV tracks an index. Over the year to Oct 28, 2026 it returned +23.9% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 117 positions, with the top ten at 30.4%.
Questions people ask
- Which returned more over the last year, CGDV or MGV?
- In the year to Oct 28, 2026, with distributions reinvested, CGDV returned +15.8% and MGV +23.9%.
- Which is cheaper, CGDV or MGV?
- MGV is cheaper, by 0.28 percentage points a year. That is about $28 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, CGDV against MGV, data as of Oct 28, 2026. https://etfiq.com/compare/any/cgdv-vs-mgv
ETFIQ. (Oct 28, 2026). CGDV against MGV. Retrieved from https://etfiq.com/compare/any/cgdv-vs-mgv
[CGDV against MGV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/cgdv-vs-mgv)
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