CGBL vs CGDV: Holdings Overlap
CGBLCapital Group Core Balanced ETF
Capital Group · 73 holdings · $7.5B · as of 2026-03-31
CGDVCapital Group Dividend Value ETF
Capital Group · 52 holdings · $37.4B · as of 2026-05-31
Holdings snapshots are 61 days apart (CGBL: 2026-03-31, CGDV: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are CGBL and CGDV?
Capital Group Core Balanced ETF (CGBL, by Capital Group) holds 73 positions; Capital Group Dividend Value ETF (CGDV, by Capital Group) holds 52. They have 24 holdings in common, and by portfolio weight the two funds are 26.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 26.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 24CGBL holds 73 · CGDV holds 52
- Weight in Shared Holdings
- CGBL 29%·CGDV 56%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in CGBL
49 of 73 positions (68.9% of the fund) are not held by CGDV. Showing the top 30 by weight.
Sector Breakdown
| Sector | CGBL | CGDV |
|---|---|---|
| Information Technology | 16.3% | 34.4% |
| Industrials | 10.2% | 13.0% |
| Health Care | 6.1% | 9.9% |
| Financials | 9.0% | 6.3% |
| Communication Services | 4.5% | 8.7% |
| Other Sectors | 15.8% | 25.7% |
| Unclassified | 36.1% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (37% of CGBL, 0% of CGDV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CGBL | +2.1% | +9.5% | +16.6% | — | — | — | 1.83% |
| CGDV | +4.9% | +18.2% | +28.6% | +24.3% | — | — | 1.14% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in CGBL vs CGDV →
Shared Holdings(24)
The top 10 shared positions account for 64% of the overlap, led by AVGO, MSFT and TSM.
 AVGOBroadcom Inc | 4.16% | 5.16% | 4.16% |
|---|---|---|---|
 MSFTMicrosoft Corp | 2.78% | 5.81% | 2.78% |
 TSMTaiwan Semiconductor Manufacturing Co Ltd | 3.05% | 2.16% | 2.16% |
 PMPhilip Morris International Inc | 2.42% | 1.54% | 1.54% |
 AAPLApple Inc | 1.45% | 2.36% | 1.45% |
 NVDANVIDIA Corp | 1.33% | 5.66% | 1.33% |
 METAMeta Platforms Inc | 1.21% | 3.33% | 1.21% |
 APOApollo Global Management Inc | 0.91% | 1.08% | 0.91% |
 UNPUnion Pacific Corp | 0.86% | 2.12% | 0.86% |
 CMCSAComcast Corp | 0.85% | 1.75% | 0.85% |
 MAMastercard Inc | 0.85% | 1.30% | 0.85% |
 CNQCanadian Natural Resources Ltd | 0.99% | 0.82% | 0.82% |
 VRTXVertex Pharmaceuticals Inc | 1.25% | 0.80% | 0.80% |
 INTCIntel Corp | 0.78% | 1.09% | 0.78% |
 AMZNAmazon.com Inc | 0.76% | 1.88% | 0.76% |
 RCLRoyal Caribbean Cruises Ltd | 0.73% | 2.83% | 0.73% |
 AMGNAmgen Inc | 0.71% | 0.79% | 0.71% |
 LLYEli Lilly & Co | 0.68% | 3.15% | 0.68% |
 SBUXStarbucks Corp | 0.68% | 2.26% | 0.68% |
 GEGeneral Electric Co | 0.59% | 3.08% | 0.59% |
 JPMJPMorgan Chase & Co | 0.59% | 1.89% | 0.59% |
 UNHUnitedHealth Group Inc | 0.59% | 2.02% | 0.59% |
 WFCWells Fargo & Co | 0.57% | 1.99% | 0.57% |
 CRMSalesforce Inc | 0.35% | 0.92% | 0.35% |
Frequently Asked Questions
How much do CGBL and CGDV overlap?
CGBL and CGDV overlap by 26.8% of portfolio weight. They share 24 holdings (CGBL holds 73 positions and CGDV holds 52), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CGBL and CGDV?
The two portfolios are 26.8% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of CGBL and CGDV?
The largest positions held by both funds are AVGO, MSFT, TSM, PM and AAPL. Together the top 10 shared positions account for 64% of the total overlap.
What does CGBL own that CGDV doesn't?
49 positions (68.9% of CGBL) are unique to CGBL, led by CGCP, CGCB and GOOG. In the other direction, 28 positions (42.1% of CGDV) are unique to CGDV.