ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Capital Group is one of the largest ETF providers, known for offering diversified fund solutions across multiple asset classes and investment strategies. The company manages 291 ETFs organized across seven fund families including Allocation, American Funds, Bond, Dividend, Equity, International, and Municipal, enabling investors to build comprehensive portfolios from income-focused to growth-oriented strategies. Capital Group's broad lineup and established presence across equity, fixed income, and diversified allocation categories position it as a significant player serving both individual and institutional investors with varied investment objectives.
See our curated list of related YouTube videos on CGDV.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Fidelity Investments is a major player in the ETF space, known for offering a comprehensive range of funds across diverse investment strategies and asset classes. Their lineup of 67 ETFs spans allocation, bond, dividend, equity, factor-based, income, index, international, and sector-focused strategies, with notable offerings including their Fidelity Factor and Fidelity Yield Enhanced families designed to capture specific market premiums and enhance income generation. The issuer serves both broad market investors and those seeking specialized exposure, with popular tickers like FBTC (their Bitcoin ETF) and various dividend and income-focused funds catering to different investor objectives and risk profiles.
See our curated list of related YouTube videos on FDVV.
Actively managed basket of U.S. dividend-paying equities
Fidelity High Dividend Index
Objective
Actively managed portfolio seeking dividend-paying U.S. companies with attractive valuations.
Dividend Income
Asset class
Equity
Equity
Inception date
02/22/2022
09/12/2016
Beta
0.85
0.79
Last dividend
$0.1470
$0.5190
Ex-dividend date
06/30/2026
06/18/2026
Bottom lineChoose CGDV if you want a quality-dividend tilt rather than the whole market. Choose FDVV if you want higher current income (3.35% vs 1.20% for CGDV).
Most used
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Want to go deeper?
Add these ETFs to a sample portfolio and forecast your dividend income over 5+ years — no signup required.
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
CGDV (Capital Group Dividend Value ETF) and FDVV (Fidelity High Dividend ETF) are both quarterly-pay dividend ETFs, but they take different approaches.
FDVV offers the higher yield at 3.35% vs 1.20% for CGDV. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
FDVV is cheaper with an expense ratio of 0.15% compared to 0.33%.
They track different benchmarks: CGDV is linked to Actively managed basket of U.S. dividend-paying equities while FDVV tracks Fidelity High Dividend Index, which means their performance drivers differ.
CGDV is the larger fund by assets ($35.5B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, CGDV would generate roughly $10.00/month, while FDVV would produce $27.92/month, at current distribution rates. Both pay quarterly distributions.
CGDV yield1.20%
FDVV yield3.35%
Monthly diff on $10K$17.92
Cost & efficiency
Over 10 years on $10,000, CGDV would cost approximately $330 in fees vs $150 for FDVV (simplified, not compounded). The $180.00 difference may be offset by yield or performance.
CGDV ER0.33%
FDVV ER0.15%
Strategy & risk
CGDV tracks Actively managed basket of U.S. dividend-paying equities with a dividend approach, while FDVV tracks Fidelity High Dividend Index with a dividend income approach. Beta is 0.85 for CGDV and 0.79 for FDVV, indicating FDVV is less volatile relative to the market.
CGDV beta0.85
FDVV beta0.79
Fund details
CGDV is managed by Capital Group (launched 02/22/2022) with $35.5B in assets. FDVV is managed by Fidelity Investments (launched 09/12/2016) with $9.80B in assets.
Do us a favor — if you found this comparison useful, please share it with a friend researching dividend ETFs.
Frequently asked questions
Is CGDV or FDVV better for dividend income?
It depends on your goals. FDVV currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between CGDV and FDVV?
CGDV (Capital Group Dividend Value ETF) tracks Actively managed basket of U.S. dividend-paying equities with a dividend approach, while FDVV (Fidelity High Dividend ETF) tracks Fidelity High Dividend Index with a dividend income approach. They are issued by Capital Group and Fidelity Investments respectively.
Can I hold both CGDV and FDVV?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, CGDV or FDVV?
CGDV has an expense ratio of 0.33% while FDVV charges 0.15%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in CGDV vs FDVV generate?
At current rates, $10,000 in CGDV would generate roughly $10.00 per month ($120.00 annually). The same in FDVV would produce about $27.92 per month ($335.00 annually).
Explore related screeners
Lateral filters that include these funds — browse the full peer set on DividendVision.
Still deciding? Compare them against your own portfolio
See how each ETF fits alongside your real holdings — forecast future income, analyze overlap, and gauge risk. Start a free 7-day Dividend Vision trial and make the call with your full portfolio in view.
