Capital Group Core Balanced ETF (CGBL) belongs to the Diversified Portfolio category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CGBL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CGBL
CGBL charges 0.33% annually. There are 16 ETFs in the Diversified Portfolio category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify US Equity PLUS Managed Futures Strategy E... | 0.10% | 177.84M | Dec 2025 | CGBL vs CTAP | |
| iShares Core 80/20 Aggressive Allocation ETF | 0.15% | 3.17B | Nov 2008 | CGBL vs AOA | |
| PIMCO U.S. Stocks PLUS Active Bond ETF | 0.18% | 52.96M | Jan 2026 | CGBL vs SPLS | |
| iShares ESG Aware Conservative Allocation ETF | 0.18% | 9.22M | Jun 2020 | CGBL vs EAOK | |
| iShares ESG Aware Aggressive Allocation ETF | 0.18% | 37.39M | Jun 2020 | CGBL vs EAOA |
Best Risk-Adjusted Alternatives to CGBL
CGBL has a PortfoliosLab risk / return rank of 57. There are 41 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Income Focus ETF | 91 | 1.54B | Jun 2023 | CGBL vs INCM | |
| Draco Evolution AI ETF | 87 | 20.72M | Jul 2024 | CGBL vs DRAI | |
| VanEck Inflation Allocation ETF | 86 | 969.68M | Apr 2018 | CGBL vs RAAX | |
| WisdomTree Emerging Markets Efficient Core Fund | 85 | 53.56M | May 2021 | CGBL vs NTSE | |
| Alpha Architect High Inflation And Deflation ETF | 83 | 100.05M | Nov 2022 | CGBL vs HIDE |
Top Performing CGBL Alternatives (YTD)
CGBL is at 7.54% YTD. There are 36 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 44.19%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Adaptive Core ETF | 44.19% | 12.20M | Nov 2021 | CGBL vs RULE | |
| WisdomTree Emerging Markets Efficient Core Fund | 30.29% | 53.56M | May 2021 | CGBL vs NTSE | |
| Myriad Dynamic Asset Allocation ETF | 21.57% | — | Oct 2025 | CGBL vs MDAA | |
| Simplify US Equity PLUS Managed Futures Strategy E... | 20.57% | 177.84M | Dec 2025 | CGBL vs CTAP | |
| STF Tactical Growth ETF | 19.74% | 41.36M | May 2022 | CGBL vs TUG |
Lowest Volatility Alternatives to CGBL
CGBL has 9.60% 1-year volatility. There are 39 ETFs in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares Real Assets Allocation Index Fund | 0.00% | 7.49M | Nov 2015 | CGBL vs ASET | |
| Prospera Income ETF | 2.92% | 2.20M | Sep 2025 | CGBL vs THRV | |
| First Trust High Income Strategic Focus ETF | 3.32% | 95.53M | Aug 2014 | CGBL vs HISF | |
| Mindful Conservative ETF | 3.93% | 26.13M | Nov 2021 | CGBL vs MFUL | |
| Alpha Architect High Inflation And Deflation ETF | 4.43% | 100.05M | Nov 2022 | CGBL vs HIDE |
Lowest Drawdown Alternatives to CGBL
CGBL has a 1-year max drawdown of -7.88%. There are 47 ETFs in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -2.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Alpha Architect High Inflation And Deflation ETF | -2.31% | 100.05M | Nov 2022 | CGBL vs HIDE | |
| Brookstone Yield ETF | -2.48% | 45.58M | Sep 2023 | CGBL vs BAMY | |
| First Trust High Income Strategic Focus ETF | -2.90% | 95.53M | Aug 2014 | CGBL vs HISF | |
| Franklin Income Focus ETF | -3.19% | 1.54B | Jun 2023 | CGBL vs INCM | |
| Mindful Conservative ETF | -3.36% | 26.13M | Nov 2021 | CGBL vs MFUL |
Other ETFs from Capital Group
The 10 most viewed Capital Group ETFs shown here include CGDV, CGGR, CGDG and span 8 categories. AUM among these funds goes as high as $35B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Capital Group Dividend Value ETF | Large Cap Value Equities, Dividend | 80 | 12.65% | 35.12B | Feb 2022 | CGBL vs CGDV | |
| Capital Group Growth ETF | Large Cap Growth Equities | 36 | 6.16% | 24.25B | Feb 2022 | CGBL vs CGGR | |
| Capital Group Dividend Growers ETF | Global Equities | 44 | 5.46% | 5.06B | Sep 2023 | CGBL vs CGDG | |
| Capital Group Core Plus Income ETF | Intermediate Core-Plus Bond | 43 | 0.47% | 7.83B | Feb 2022 | CGBL vs CGCP | |
| Capital Group U.S. Multi-Sector Income ETF | Multisector Bonds | 63 | 1.69% | 4.91B | Oct 2022 | CGBL vs CGMS | |
| Capital Group Core Equity ETF | Large Cap Blend Equities | 63 | 10.53% | 10.83B | Feb 2022 | CGBL vs CGUS | |
| Capital Group Global Growth Equity ETF | Global Equities | 65 | 18.82% | 11.24B | Feb 2022 | CGBL vs CGGO | |
| Capital Group International Core Equity ETF | Foreign Large Cap Equities | 60 | 13.21% | 1.84B | Jun 2024 | CGBL vs CGIC | |
| Capital Group Conservative Equity ETF | Large Cap Value Equities | 52 | 6.45% | 1.75B | Jun 2024 | CGBL vs CGCV | |
| Capital Group International Focus Equity ETF | Foreign Large Cap Equities | 62 | 19.70% | 6.15B | Feb 2022 | CGBL vs CGXU |
Often Compared With CGBL
Investors most often compare CGBL with ABALX, VBINX, FIBR. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare CGBL with Any Fund or Stock
Compare CGBL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CGBL with funds that move differently
Capital Group Core Balanced ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CGBL.
Explore CGBL Diversifiers