BBBS vs. CGSD
Compare and contrast key facts about Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) and Capital Group Short Duration Income ETF (CGSD).
BBBS and CGSD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBBS is a passively managed fund by BondBloxx that tracks the performance of the Bloomberg U.S. Corporate BBB 1-5 Year Index. It was launched on Jan 23, 2024. CGSD is an actively managed fund by Capital Group. It was launched on Oct 25, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBBS or CGSD.
Correlation
The correlation between BBBS and CGSD is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BBBS vs. CGSD - Performance Comparison
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Key characteristics
BBBS:
2.68
CGSD:
3.47
BBBS:
3.98
CGSD:
5.79
BBBS:
1.55
CGSD:
1.78
BBBS:
4.49
CGSD:
8.54
BBBS:
13.76
CGSD:
23.75
BBBS:
0.47%
CGSD:
0.27%
BBBS:
2.46%
CGSD:
1.85%
BBBS:
-1.43%
CGSD:
-1.75%
BBBS:
-0.22%
CGSD:
-0.19%
Returns By Period
The year-to-date returns for both investments are quite close, with BBBS having a 2.01% return and CGSD slightly higher at 2.02%.
BBBS
2.01%
1.31%
2.61%
6.56%
N/A
N/A
CGSD
2.02%
0.75%
2.92%
6.38%
N/A
N/A
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BBBS vs. CGSD - Expense Ratio Comparison
BBBS has a 0.19% expense ratio, which is lower than CGSD's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BBBS vs. CGSD — Risk-Adjusted Performance Rank
BBBS
CGSD
BBBS vs. CGSD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) and Capital Group Short Duration Income ETF (CGSD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
BBBS vs. CGSD - Dividend Comparison
BBBS's dividend yield for the trailing twelve months is around 4.46%, less than CGSD's 4.57% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
BBBS Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF | 4.46% | 4.30% | 0.00% | 0.00% |
CGSD Capital Group Short Duration Income ETF | 4.57% | 4.57% | 4.44% | 0.64% |
Drawdowns
BBBS vs. CGSD - Drawdown Comparison
The maximum BBBS drawdown since its inception was -1.43%, smaller than the maximum CGSD drawdown of -1.75%. Use the drawdown chart below to compare losses from any high point for BBBS and CGSD. For additional features, visit the drawdowns tool.
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Volatility
BBBS vs. CGSD - Volatility Comparison
Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) and Capital Group Short Duration Income ETF (CGSD) have volatilities of 0.71% and 0.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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