Two Roads Shared ETF (CGV) Performance
CGV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.9% since Dec 31, 2025
- 1 year
- +15.7% total return
- 3 years
- +14.3% a year
- Since first price
- +9.1% a year since 2022
CGV trailing returns vs SPY, QQQ, AGG
| Period | CGV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.7% | +0.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.3% | +2.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.5% | −2.2% | +7.8% | +8.4% | −1.5% |
| YTD | +10.9% | +7.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.7% | +9.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +49.2%+14.3%/yr | +28.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionAug 1, 2022 | +44.3%+9.1%/yr | +23.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CGV vs SPY
From Aug 1, 2022: CGV grew to $14,435, SPY to $19,566.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CGV returns by calendar year
2 of 3 full years positive. Best 2025 (+23.1%), worst 2024 (−3.3%). 2026 is year to date.
CGV annual returns table
| Year | CGV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.9% | −12.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +23.1% | −13.2% | +17.7% | +20.8% | +7.2% |
| 2024 | −3.3% | −7.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +5.7% | −12.1% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CGV largest drawdowns
Now 4.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 26, 2024 | −16.6% | Apr 8, 2025 | Jun 2, 2025 | 6 months | 8 months |
| Feb 27, 2026 | −12.1% | Mar 20, 2026 | May 11, 2026 | 21 days | 2 months |
| Feb 1, 2023 | −12.1% | Oct 27, 2023 | Dec 27, 2023 | 9 months | 11 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CGV risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +12.4% | +9.3% |
| Volatility (annualized) | 13.7% | 13.4% |
| Sharpe ratio | 0.60 | 0.41 |
| Sortino ratio | 0.98 | 0.65 |
| Best month | +7.6% | +7.6% |
| Worst month | −8.2% | −8.2% |
| Best 12 months | +43.0% | +43.0% |
| Worst 12 months | −3.3% | −3.3% |
| Positive months | 56% | 55% |
| Beta vs S&P 500 | 0.59 | — |
| Correlation with S&P 500 | 0.54 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CGV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 39 | −3.3% | +7.5% | +43.0% | 85% |
| 3-year (a year) | 15 | +6.9% | +10.0% | +13.8% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
CGV performance overview
Two Roads Shared ETF (CGV) returned +15.7% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +9.1% a year, turning $10,000 into about $14,435. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.6%, from Sep 26, 2024 to Apr 8, 2025, and it took 55 days to get back to the old high. CGV finished 2 of its 3 full calendar years with a gain; the best year was 2025 (+23.1%) and the worst 2024 (−3.3%). Volatility has been 13.4% a year.
Related: CGV chart, CGV holdings, CGV dividends. See the CGV overview for the latest quote and fund facts.
CGV performance FAQ
What is the CGV return over the past year?
CGV returned +15.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.7%.
How much would $10,000 invested in CGV be worth?
$10,000 invested in CGV at its first recorded close on August 1, 2022 would be worth about $14,435 on October 23, 2026 with distributions reinvested.
What was the worst year for CGV?
The worst calendar year was 2024, with a total return of −3.3%. The best was 2025 at +23.1%.
What is the biggest drawdown of CGV?
The largest peak-to-trough decline was −16.6% between September 26, 2024 and April 8, 2025. It recovered to the old high on June 2, 2025, 55 days after the bottom.
How volatile is CGV?
Over the past 3 years CGV had an annualized volatility of 13.7% and a Sharpe ratio of 0.60 (excess return over 1–3 month T-bills per unit of risk).