- ISIN
- US14020Y3009
- Issuer
- Capital Group
- Inception Date
- Oct 25, 2022
- Category
- Multisector Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $5B
Share Price Chart
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Performance
CGMS Performance Chart
Capital Group U.S. Multi-Sector Income ETF (CGMS) is up 1.5% since the beginning of the year. CGMS is currently trading at $27 per share.
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Returns By Period
Capital Group U.S. Multi-Sector Income ETF (CGMS) has returned 1.51% so far this year and 6.08% over the past 12 months.
Capital Group U.S. Multi-Sector Income ETF
- 1D
- -0.22%
- 1M
- 0.34%
- YTD
- 1.51%
- 6M
- 1.68%
- 1Y
- 6.08%
- 3Y*
- 7.98%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CGMS Monthly Returns History
Based on dividend-adjusted daily data since Oct 27, 2022, CGMS's average daily return is +0.03%, while the average monthly return is +0.67%. At this rate, an investment would double in approximately 8.7 years.
Historically, 69% of months were positive and 31% were negative. The best month was Nov 2023 with a return of +4.9%, while the worst month was Feb 2023 at -2.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.
On a daily basis, CGMS closed higher 53% of trading days. The best single day was Nov 10, 2022 with a return of +2.4%, 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 | 0.51% | 0.49% | -1.23% | 1.33% | 0.67% | -0.25% | 1.51% | ||||||
| 2025 | 0.91% | 1.19% | -0.70% | -0.64% | 1.29% | 1.94% | 0.09% | 1.26% | 0.76% | 0.09% | 0.82% | 0.28% | 7.52% |
| 2024 | 0.47% | -0.19% | 1.37% | -1.19% | 1.76% | 0.47% | 2.06% | 1.89% | 0.86% | -1.32% | 1.56% | -0.64% | 7.24% |
| 2023 | 3.56% | -2.21% | 2.45% | 0.38% | -0.78% | 0.86% | 1.08% | 0.07% | -1.63% | -1.03% | 4.88% | 3.61% | 11.51% |
| 2022 | -0.10% | 3.78% | -0.88% | 2.77% |
Benchmark Metrics
Capital Group U.S. Multi-Sector Income ETF has an annualized alpha of 4.74%, beta of 0.18, and R2 of 0.31 versus S&P 500 Index. Calculated based on daily prices since October 27, 2022.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (31.36%) than losses (26.83%) - typical of diversified or defensive assets.
- Beta of 0.18 may look defensive, but with R2 of 0.31 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 0.31 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 4.74%
- Beta
- 0.18
- R²
- 0.31
- Upside Capture
- 31.36%
- Downside Capture
- 26.83%
Expense Ratio
CGMS has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CGMS ranks 55 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Capital Group U.S. Multi-Sector Income ETF (CGMS) 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.
| CGMS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 2.78 | -0.31 |
| Martin ratioReturn relative to average drawdown | 10.95 | 12.44 | -1.48 |
Dividends
Dividend History
Capital Group U.S. Multi-Sector Income ETF provided a 6.10% dividend yield over the last twelve months, with an annual payout of $1.67 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $1.67 | $1.66 | $1.61 | $1.58 | $0.25 |
Dividend yield | 6.10% | 6.00% | 5.91% | 5.84% | 0.97% |
Monthly Dividends
The table displays the monthly dividend distributions for Capital Group U.S. Multi-Sector Income 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 | $0.11 | $0.11 | $0.10 | $0.15 | $0.14 | $0.00 | $0.62 | ||||||
| 2025 | $0.11 | $0.12 | $0.14 | $0.14 | $0.10 | $0.14 | $0.19 | $0.14 | $0.13 | $0.17 | $0.13 | $0.17 | $1.66 |
| 2024 | $0.14 | $0.13 | $0.13 | $0.14 | $0.14 | $0.12 | $0.15 | $0.12 | $0.11 | $0.14 | $0.13 | $0.17 | $1.61 |
| 2023 | $0.10 | $0.09 | $0.15 | $0.12 | $0.15 | $0.12 | $0.12 | $0.14 | $0.13 | $0.15 | $0.12 | $0.17 | $1.58 |
| 2022 | $0.11 | $0.14 | $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 U.S. Multi-Sector Income 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 U.S. Multi-Sector Income ETF was 4.08%, occurring on Apr 8, 2025. Recovery took 39 trading sessions.
The current Capital Group U.S. Multi-Sector Income ETF drawdown is 0.44%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -4.08%Apr 2025 | 1mo 5d | 1mo 27d | 3mo 2dMar 2025 - Jun 2025 |
2023 pullback2023 | -3.79%Feb 2023 | 18d | 4mo 21d | 5mo 9dFeb 2023 - Jul 2023 |
2023 pullback2023 | -3.62%Oct 2023 | 3mo 7d | 26d | 4mo 3dJul 2023 - Nov 2023 |
2026 pullback2026 | -2.47%Mar 2026 | 1mo 2d | 18d | 1mo 20dFeb 2026 - Apr 2026 |
Bear market2022 | -2.35%Dec 2022 | 14d | 9d | 23dDec 2022 - Jan 2023 |
Drawdown Indicators
| CGMS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.08% | -56.78% | +52.70% |
Max Drawdown (1Y)Largest decline over 1 year | -2.47% | -9.10% | +6.63% |
Max Drawdown (3Y)Largest decline over 3 years | -4.08% | -18.90% | +14.82% |
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 | -0.44% | -1.80% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -0.66% | -10.71% | +10.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 2.03% | -1.47% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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