NYLI MacKay Core Plus Bond ETF (CPLB) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CPLB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CPLB
CPLB charges 0.30% annually. There are 9 ETFs in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Core-Plus Bond Index ETF | 0.05% | 128.00M | Dec 2025 | CPLB vs BNDP | |
| iShares Core Universal USD Bond ETF | 0.06% | 43.00B | Jun 2014 | CPLB vs IUSB | |
| iShares Core 5-10 Year USD Bond ETF | 0.06% | 274.69M | Nov 2016 | CPLB vs IMTB | |
| iShares ESG Advanced Total USD Bond Market ETF | 0.12% | 709.92M | Jun 2020 | CPLB vs EUSB | |
| iShares Yield Optimized Bond ETF | 0.17% | 447.20M | Apr 2014 | CPLB vs BYLD |
Best Risk-Adjusted Alternatives to CPLB
CPLB has a PortfoliosLab risk / return rank of 38. There are 11 ETFs in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | 89 | 46.32M | Sep 2023 | CPLB vs ZHOG | |
| Infrastructure Capital Bond Income ETF | 88 | 17.73M | Jan 2025 | CPLB vs BNDS | |
| SanJac Alpha Core Plus Bond ETF | 70 | 2.28M | Sep 2024 | CPLB vs SJCP | |
| Angel Oak Mortgage-Backed Securities ETF | 67 | 147.84M | Jun 2021 | CPLB vs MBS | |
| First Trust Commercial Mortgage Opportunities ETF | 54 | 35.20M | Feb 2024 | CPLB vs CAAA |
Top Performing CPLB Alternatives (YTD)
CPLB is at 0.10% YTD. There are 10 ETFs in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 4.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Infrastructure Capital Bond Income ETF | 4.11% | 17.73M | Jan 2025 | CPLB vs BNDS | |
| Cambria Fixed Income Trend ETF | 3.70% | — | Mar 2025 | CPLB vs CFIT | |
| SanJac Alpha Core Plus Bond ETF | 1.12% | 2.28M | Sep 2024 | CPLB vs SJCP | |
| F/m Opportunistic Income ETF | 0.84% | 46.32M | Sep 2023 | CPLB vs ZHOG | |
| Kingsbarn Tactical Bond ETF | 0.78% | 1.18M | Dec 2021 | CPLB vs KDRN |
Lowest Volatility Alternatives to CPLB
CPLB has 3.59% 1-year volatility. There are 20 ETFs in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.62%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | 1.62% | 46.32M | Sep 2023 | CPLB vs ZHOG | |
| SanJac Alpha Core Plus Bond ETF | 2.49% | 2.28M | Sep 2024 | CPLB vs SJCP | |
| Angel Oak Mortgage-Backed Securities ETF | 2.77% | 147.84M | Jun 2021 | CPLB vs MBS | |
| First Trust Commercial Mortgage Opportunities ETF | 3.08% | 35.20M | Feb 2024 | CPLB vs CAAA | |
| DoubleLine Opportunistic Bond ETF | 3.24% | 735.65M | Mar 2022 | CPLB vs DBND |
Lowest Drawdown Alternatives to CPLB
CPLB has a 1-year max drawdown of -2.60%. There are 13 ETFs in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | -1.31% | 46.32M | Sep 2023 | CPLB vs ZHOG | |
| Kingsbarn Tactical Bond ETF | -1.77% | 1.18M | Dec 2021 | CPLB vs KDRN | |
| SanJac Alpha Core Plus Bond ETF | -2.01% | 2.28M | Sep 2024 | CPLB vs SJCP | |
| First Trust Commercial Mortgage Opportunities ETF | -2.08% | 35.20M | Feb 2024 | CPLB vs CAAA | |
| Angel Oak Mortgage-Backed Securities ETF | -2.20% | 147.84M | Jun 2021 | CPLB vs MBS |
Other ETFs from NYLI
The 3 most viewed NYLI ETFs shown here include IWLG, MMSD, MMMA and span 2 categories. AUM among these funds goes as high as $321M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| NYLI Winslow Large Cap Growth ETF | Large Cap Growth Equities | 15 | 0.79% | 320.93M | Jun 2022 | CPLB vs IWLG | |
| NYLI MacKay Muni Short Duration ETF | Municipal Bonds | 71 | 1.02% | 75.34M | May 2025 | CPLB vs MMSD | |
| NYLI MacKay Muni Allocation ETF | Municipal Bonds | — | 2.42% | 28.01M | Dec 2025 | CPLB vs MMMA |
Often Compared With CPLB
Investors most often compare CPLB with APCB, MAMB, BNDI. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare CPLB with Any Fund or Stock
Compare CPLB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CPLB with funds that move differently
NYLI MacKay Core Plus Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CPLB.
Explore CPLB Diversifiers