The Capital Group Dividend Value ETF (NYSEMKT: CGDV) has approximately $17.7 billion in assets under management, making it the eighth largest dividend-focused exchange-traded fund (ETF). Over the past year, CGDV provided a 1.5% dividend yield, slightly above the S&P 500’s average of less than 1.5%.
CGDV holds about 50 positions, primarily U.S.-based, including major companies like Microsoft (6.4% of holdings), Broadcom (5.6%), and RTX (4.7%). The ETF’s expense ratio is 0.33%, higher than alternatives such as the iShares Core High Dividend ETF (0.08%) and the SPDR Portfolio S&P 500 High Dividend ETF (0.07%). These funds, with higher yields of 3.5% and 4.5%, may be better options for investors seeking passive income.
