CAVAX vs DTMGX Fund Comparison

A comparison between CAVAX and DTMGX based on their expense ratio, growth, holdings and how well they match their benchmark performance.

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Minafi's Take on CAVAX vs DTMGX

Here's an in depth look at the differences between SEI Catholic Values Trust Catholic Values Equity Fund Class F ($CAVAX) and BNY Mellon Tax Managed Growth Fund Class A ($DTMGX).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

41% FI Score
  • cavax
  • Mutual Fund
  • US Stocks
  • Large Blend

SEI Catholic Values Trust Catholic Values Equity Fund Class F

Expenses: 0.86% (Better than 1% of similar funds)

This is a bad choice for a Large Blend US Stocks fund. See why »

27% FI Score
  • dtmgx
  • Mutual Fund
  • US Stocks
  • Large Blend

BNY Mellon Tax Managed Growth Fund Class A

Expenses: 1.20% (Better than 0% of similar funds)

This is a bad choice for a Large Blend US Stocks fund. See why »

Both $CAVAX and $DTMGX are categorized as Mutual Funds. Mutual funds are often offered by 401(k) platforms and are essentially the same as ETFs. Mutual funds are generally offered by an investment platform – Fidelity has Fidelity mutual funds, Vanguard has Vanguard mutual funds. Mutual funds are ideal for retirement investing since you can invest any amount. That allows you to invest every last cent and benefit from the market.

The biggest disadvantage of mutual funds is that you're usually limited to the funds on your investment platform. If you're investing on Fidelity, you'll want to pick Fidelity mutual funds (or any ETF). Same with Vanguard. Some platforms offer mutual funds from other platforms, but they may charge a purchse or redemption fee. I'd recommend using the same platform as your funds – or stick to ETFs.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Both of these funds are US Stocks Large Blend funds – which means they're likely both investing in about the same investments behind the scenes.

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

CAVAX DTMGX
Market Score 3.4 /10 2.2 /10
Category Score 10.0 /10 10.0 /10
Total 13.4 12.2

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $CAVAX

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, CAVAX has an expense ratio of 0.86% while DTMGX has an expense ratio of 1.20%.

Winner: $CAVAX

Fund Size Comparison

Both CAVAX and DTMGX have a similar number of assets under management. CAVAX has 246 Million in assets under management, while DTMGX has 108 Million.

Minafi categorizes both of these funds as small funds. Fund size is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

Winner: tie

Which Should You Choose? CAVAX or DTMGX?

Since both of these funds are US Stocks Large Blend funds, you'll most likely only need to invest in one of these funds – not both. Running both of these funds through Minafi's FI Score algorithm, gives CAVAX a score of 41 and DTMGX a score of 27.

Since both of these have a similar FI Score, the difference between these two if minimal. A higher FI Score doesn't mean future growth will be higher, but it does mean that it better fits criteria for a good fund. Neither of these funds has an FI Score above 90 – which is a red flag. I'd look into more funds to find one with a higher FI Score.

Winner: Neither, I'd research more funds if you're looking to invest for retirement.

$CAVAX

SEI Catholic Values Trust Catholic Values Equity Fund Class F

41

Read More
Ratings
Rating Type Rating
Expense Ratio Score 5 /10
Expense Rating 1 /10
Market Score 3 /10
Category Score 10 /10
Overview
Overview Details
Fund Type Mutual Fund
Inception Date Apr-30-2015
Exchange NMFQS
Expense Ratio 0.860%
Net Assets 246 Million
Yield 1.21%
Holdings
Description Info
Market US Stocks
Category Large Blend
Sectors
  • Basic Materials 4.78%
  • Communication Services 7.28%
  • Consumer Cyclical 13.20%
  • Consumer Defensive 9.63%
  • Energy 2.86%
  • Financial Services 17.03%
  • Healthcare 15.17%
  • Industrials 7.92%
  • Real Estate 2.45%
  • Technology 17.35%
  • Utilities 2.34%
Regions
  • Africa/Middle East 0.53%
  • Asia Developed 2.16%
  • Asia Emerging 3.67%
  • Australasia 0.01%
  • Europe Developed 8.14%
  • Europe Emerging 0.17%
  • Japan 1.25%
  • Latin America 1.05%
  • North America 79.78%
  • United Kingdom 3.24%

$DTMGX

BNY Mellon Tax Managed Growth Fund Class A

27

Read More
Ratings
Rating Type Rating
Expense Ratio Score 3 /10
Expense Rating 0 /10
Market Score 2 /10
Category Score 10 /10
Overview
Overview Details
Fund Type Mutual Fund
Inception Date Nov-4-1997
Exchange NMFQS
Expense Ratio 1.200%
Net Assets 108 Million
Yield 0.77%
Holdings
Description Info
Market US Stocks
Category Large Blend
Sectors
  • Basic Materials 2.57%
  • Communication Services 13.90%
  • Consumer Cyclical 8.98%
  • Consumer Defensive 15.60%
  • Energy 1.58%
  • Financial Services 17.44%
  • Healthcare 10.84%
  • Industrials 5.70%
  • Real Estate 0.00%
  • Technology 23.38%
  • Utilities 0.00%
Regions
  • Europe Developed 10.69%
  • North America 89.31%

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