- Issuer
- Capital Group
- Inception Date
- Sep 26, 2023
- Category
- Intermediate Core Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $6B
Highlights
- Avg. Volume (1M)
- 1M
- Avg. Volume Value (1M)
- $28.10M
Share Price Chart
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Performance
CGCB Performance Chart
Capital Group Core Bond ETF (CGCB) is down 0.6% since the beginning of the year. CGCB is currently trading at $26 per share.
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Returns By Period
Capital Group Core Bond ETF (CGCB) has returned -0.62% so far this year and 1.86% over the past 12 months.
Capital Group Core Bond ETF
- 1D
- -0.24%
- 1M
- -1.20%
- 6M
- -0.84%
- YTD
- -0.62%
- 1Y
- 1.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.37%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
CGCB Monthly Returns History
Based on dividend-adjusted daily data since Sep 28, 2023, CGCB's average daily return is +0.02%, while the average monthly return is +0.44%. At this rate, an investment would double in approximately 13.2 years.
Historically, 69% of months were positive and 31% were negative. The best month was Nov 2023 with a return of +4.5%, while the worst month was Oct 2024 at -2.7%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 2 months.
On a daily basis, CGCB closed higher 52% of trading days. The best single day was Dec 13, 2023 with a return of +1.2%, while the worst single day was Apr 7, 2025 at -1.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.22% | 1.68% | -1.94% | 0.13% | 0.25% | 0.31% | -1.23% | -0.62% | |||||
| 2025 | 0.51% | 2.32% | 0.03% | 0.41% | -0.75% | 1.47% | -0.26% | 1.28% | 1.14% | 0.55% | 0.58% | -0.19% | 7.29% |
| 2024 | -0.29% | -1.36% | 0.76% | -2.57% | 1.87% | 0.98% | 2.42% | 1.62% | 1.33% | -2.74% | 1.17% | -1.59% | 1.44% |
| 2023 | 0.46% | -1.60% | 4.45% | 3.87% | 7.25% |
Benchmark Metrics
Capital Group Core Bond ETF has an annualized alpha of 4.31%, beta of 0.06, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since September 28, 2023.
- This ETF participated in 31.22% of S&P 500 Index downside but only 23.07% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.06 may look defensive, but with R2 of 0.03 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.03 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.31%
- Beta
- 0.06
- R²
- 0.03
- Upside Capture
- 23.07%
- Downside Capture
- 31.22%
Expense Ratio
CGCB has an expense ratio of 0.27%, which is considered low.
Return for Risk
Risk / Return Rank
CGCB ranks 28 for risk / return — above 28% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Capital Group Core Bond ETF (CGCB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CGCB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.25 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | 2.00 | -1.07 |
| Martin ratioReturn relative to average drawdown | 2.31 | 8.49 | -6.18 |
Dividends
Dividend History
Capital Group Core Bond ETF provided a 4.30% dividend yield over the last twelve months, with an annual payout of $1.11 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $1.11 | $1.12 | $1.03 | $0.25 |
Dividend yield | 4.30% | 4.22% | 3.99% | 0.95% |
Monthly Dividends
The table displays the monthly dividend distributions for Capital Group Core Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.07 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.11 | $0.61 | |||||
| 2025 | $0.07 | $0.09 | $0.09 | $0.10 | $0.09 | $0.08 | $0.10 | $0.09 | $0.09 | $0.11 | $0.09 | $0.12 | $1.12 |
| 2024 | $0.06 | $0.07 | $0.08 | $0.10 | $0.05 | $0.08 | $0.11 | $0.09 | $0.08 | $0.10 | $0.08 | $0.12 | $1.03 |
| 2023 | $0.07 | $0.08 | $0.10 | $0.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Capital Group Core Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Capital Group Core Bond ETF was 5.17%, occurring on Jan 13, 2025. Recovery took 138 trading sessions.
The current Capital Group Core Bond ETF drawdown is 2.48%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-5.17%Jan 2025 | 3mo 28d | 6mo 20d | 10mo 18dSep 2024 - Aug 2025 | — |
-3.96%Apr 2024 | 3mo 20d | 2mo 26d | 6mo 16dDec 2023 - Jul 2024 | — |
-2.98%May 2026 | 2mo 18d | — | 5mo 3dMar 2026 - now | — |
-2.50%Oct 2023 | 7d | 15d | 22dOct 2023 - Nov 2023 | — |
-1.54%Oct 2023 | 1d | 8d | 9dOct 2023 - Oct 2023 | — |
Drawdown Indicators
| CGCB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.17% | -56.78% | +51.61% |
Max Drawdown (1Y)Largest decline over 1 year | -2.98% | -9.10% | +6.12% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.48% | -1.58% | -0.90% |
Average DrawdownAverage peak-to-trough decline | -1.36% | -10.70% | +9.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 2.14% | -0.94% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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