Dividend comparison
CGDV vs DLN: Which Is Better for Income?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Capital Group Dividend Value ETF and WisdomTree U.S. LargeCap Dividend Fund, side by side. Updated October 21, 2026.
CGDV vs DLN: key differences
The short answer, from the latest data on this page.
- Fees. DLN is cheaper at 0.28% a year versus 0.33% for CGDV. On $10,000 that is $5 a year less in fees.
- Income. DLN pays more income, yielding 1.73% over the last twelve months versus 1.23% for CGDV. That is about $51 more a year on $10,000. CGDV pays quarterly, DLN pays monthly.
- Performance. Over the last 3 years, CGDV returned 94.7% versus 74.7% for DLN, with dividends reinvested. $10,000 would have grown to $19,473 in CGDV and $17,465 in DLN.
- Risk. CGDV has been the bumpier ride. Its worst peak-to-trough decline over the last 3 years was -21.9%, against -16.3% for DLN.
- Diversification. DLN holds 305 positions and CGDV holds 58.
- Dividend growth. CGDV grew its yearly payout 7.0% a year over the last 2 years, versus 5.6% for DLN.
- Size. CGDV is the larger fund with $38.8 billion in assets, against $6.3 billion for DLN.
Bottom line: CGDV fits better if you care most about stronger 3-year returns and faster dividend growth. DLN fits better if you care most about lower fees, more income today, smaller drawdowns and broader diversification.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | CGDV Capital Group Dividend Value ETF | DLN WisdomTree U.S. LargeCap Dividend Fund |
|---|---|---|
| Dividend yield (TTM) | 1.23% | 1.73% |
| Dividend / share (TTM) | $0.60 | $1.74 |
| Payout frequency | Quarterly | Monthly |
| Last dividend | $0.1522 on Oct 1, 2026 | $0.1950 on Sep 29, 2026 |
| Ex-dividend date | Sep 30, 2026 | Sep 25, 2026 |
| Dividend growth (CAGR) | 7.0% over 2 yrs | 5.6% over 4 yrs |
| Price | $49.17 | $100.11 |
| Dividend growth streak | 2 years | — |
| Beta | 0.90 | 0.75 |
| Max drawdown (5Y) | -21.9% | -16.3% |
| Market cap | $38.84B | $6.31B |
| Exchange | AMEX | AMEX |
| Expense ratio | 0.33% | 0.28% |
| Assets under management | $38.84B | $6.29B |
| Number of holdings | 58 | 305 |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
CGDV
$10.21/mo
$123 /yr at 1.23% yield
DLN
$14.44/mo
$173 /yr at 1.73% yield
Dividend history
Total dividends paid per share in each calendar year. CGDV pays quarterly; DLN pays monthly.
| Year | CGDV | DLN |
|---|---|---|
| 2025 | $0.5649 | $1.6805 |
| 2024 | $0.5636 | $1.5534 |
| 2023 | $0.4932 | $1.6150 |
| 2022 | — | $1.5650 |
| 2021 | — | $1.3531 |
Strategy: Dividend equity
Rules-based equity funds that screen for companies paying sustainable or rising dividends, aiming at income plus long-term share-price participation. The screen is what defines the fund: yield-ranked indexes deliver more cash now, dividend-growth indexes deliberately exclude the highest payers in favor of durability. Both approaches produce a sector mix that looks nothing like the broad market, typically heavier in financials, healthcare, staples and industrials.
Expect stretches of underperformance versus the broad market whenever leadership comes from the high-growth, low-yield companies these screens exclude.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Feb 24, 2022 would now be worth $21,148 in CGDV and $17,734 in DLN.
| Period | CGDV | DLN |
|---|---|---|
| 1 month | 0.43% | 1.54% |
| 3 months | 0.78% | 3.27% |
| Year to date | 12.67% | 15.16% |
| 1 year | 16.68% | 16.87% |
| 3 years | 94.73% | 74.65% |
| 5 years | — | 77.69% |
- CGDV
- DLN
Both series indexed to 100 on 2022-02-24 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- CGDV
- DLN
Quick verdict
CGDV fits better if you care most about stronger 3-year returns and faster dividend growth. DLN fits better if you care most about lower fees, more income today, smaller drawdowns and broader diversification. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how CGDV vs DLN fits with the rest of your holdings. Free to start — no credit card required for the trial.
Frequently asked questions
Is CGDV or DLN better for dividend income?
It depends on your goals. CGDV currently yields 1.23% Trailing Twelve Months (TTM) while DLN yields 1.73%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between CGDV and DLN?
Capital Group Dividend Value ETF (CGDV) is an ETF listed on AMEX. WisdomTree U.S. LargeCap Dividend Fund (DLN) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, CGDV or DLN?
DLN has the lower expense ratio. CGDV charges 0.33% a year and DLN charges 0.28%, a difference of $5 a year on a $10,000 investment.
Which has performed better, CGDV or DLN?
Over the last 3 years, CGDV has the higher total return with dividends reinvested: CGDV returned 94.7% and DLN returned 74.7%. Past performance does not predict future returns.
Which is riskier, CGDV or DLN?
Measured by the worst peak-to-trough decline over the last five years, CGDV has been riskier: CGDV fell as much as 21.9% and DLN as much as 16.3%. Their betas are 0.90 and 0.75.
How often do CGDV and DLN pay dividends?
CGDV pays quarterly and DLN pays monthly.
How much income does $10,000 in CGDV vs DLN generate?
At current TTM yields, $10,000 in CGDV would generate roughly $10.21 per month ($123 annually). The same amount in DLN would produce about $14.44 per month ($173 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both CGDV and DLN?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare CGDV vs DLN with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how CGDV and DLN fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.