BBBS vs. CGSD

Last updated Jun 4, 2026

BBBS (Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF) and CGSD (Capital Group Short Duration Income ETF) are both Short-Term Bond funds. BBBS is passively managed, while CGSD is actively managed. Over the past year, BBBS returned 4.65% vs 4.30% for CGSD. A 0.76 correlation means they provide meaningful diversification when combined. BBBS charges 0.19%/yr vs 0.25%/yr for CGSD.

Performance

BBBS vs. CGSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) and Capital Group Short Duration Income ETF (CGSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBBS achieves a 0.75% return, which is significantly higher than CGSD's 0.70% return.

BBBS

• 1D: 0.00%
• 1M: 0.26%
• YTD: 0.75%
• 6M: 1.13%
• 1Y: 4.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CGSD

• 1D: -0.10%
• 1M: 0.14%
• YTD: 0.70%
• 6M: 1.09%
• 1Y: 4.30%
• 3Y*: 5.21%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBBS vs. CGSD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BBBS Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF	0.75%	6.67%	4.96%
CGSD Capital Group Short Duration Income ETF	0.70%	6.11%	5.01%

Correlation

The correlation between BBBS and CGSD is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024	0.76

The correlation between BBBS and CGSD has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.

Return for Risk

BBBS vs. CGSD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBBS

BBBS Risk / Return Rank: 76
BBBS Sharpe Ratio Rank: 76
BBBS Sortino Ratio Rank: 86
BBBS Omega Ratio Rank: 82
BBBS Calmar Ratio Rank: 65
BBBS Martin Ratio Rank: 70

CGSD

CGSD Risk / Return Rank: 87
CGSD Sharpe Ratio Rank: 87
CGSD Sortino Ratio Rank: 93
CGSD Omega Ratio Rank: 91
CGSD Calmar Ratio Rank: 77
CGSD Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBBS vs. CGSD - Risk-Adjusted Trends 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.

	BBBS	CGSD	Difference
Sharpe ratio: Return per unit of total volatility	2.50	2.94	-0.44
Sortino ratio: Return per unit of downside risk	3.91	4.65	-0.74
Omega ratio: Gain probability vs. loss probability	1.50	1.61	-0.11
Calmar ratio: Return relative to maximum drawdown	3.23	3.88	-0.66
Martin ratio: Return relative to average drawdown	13.15	18.36	-5.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBBS vs. CGSD - Sharpe Ratio Comparison

The current BBBS Sharpe Ratio is 2.50, which is comparable to the CGSD Sharpe Ratio of 2.94. The chart below compares the historical Sharpe Ratios of BBBS and CGSD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBBS	CGSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.50	2.94	-0.44
Sharpe Ratio (All Time) Calculated using the full available price history	2.36	2.41	-0.05

Drawdowns

BBBS vs. CGSD - Drawdown Comparison

The maximum BBBS drawdown since its inception was -1.45%, 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.

Drawdown Indicators

	BBBS	CGSD	Difference
Max Drawdown Largest peak-to-trough decline	-1.45%	-1.75%	+0.30%
Max Drawdown (1Y) Largest decline over 1 year	-1.45%	-1.11%	-0.34%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.11%	—
Current Drawdown Current decline from peak	-0.22%	-0.14%	-0.08%
Average Drawdown Average peak-to-trough decline	-0.28%	-0.28%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.35%	0.23%	+0.12%

Volatility

BBBS vs. CGSD - Volatility Comparison

Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) has a higher volatility of 0.49% compared to Capital Group Short Duration Income ETF (CGSD) at 0.39%. This indicates that BBBS's price experiences larger fluctuations and is considered to be riskier than CGSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBBS	CGSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.49%	0.39%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	1.36%	1.01%	+0.35%
Volatility (1Y) Calculated over the trailing 1-year period	1.87%	1.47%	+0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.24%	2.16%	+0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.24%	2.16%	+0.08%

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%.

Dividends

BBBS vs. CGSD - Dividend Comparison

BBBS's dividend yield for the trailing twelve months is around 4.58%, more than CGSD's 4.46% yield.

Position	TTM	2025	2024	2023	2022
BBBS Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF	4.58%	4.55%	4.31%	0.00%	0.00%
CGSD Capital Group Short Duration Income ETF	4.46%	4.48%	4.57%	4.43%	0.64%

Frequently Asked Questions

Can I hold both BBBS and CGSD in my portfolio?

BBBS and CGSD have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBBS or CGSD?

BBBS has higher volatility (0.49%) compared to CGSD (0.39%). In terms of maximum drawdown, BBBS dropped -1.45% vs CGSD's -1.75%.

Which ETF is better, BBBS or CGSD?

On 1-year performance, BBBS leads with 4.65% vs 4.30% for CGSD. On fees, BBBS is cheaper at 0.19% per year. On volatility, CGSD has been the lower-risk option at 0.39%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBBS or CGSD?

Over the 1-year period, BBBS has performed better with a 4.65% return vs 4.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBBS or CGSD?

BBBS is cheaper with a 0.19% expense ratio, compared with 0.25% for CGSD.

Which ETF pays a higher dividend yield, BBBS or CGSD?

BBBS has the higher dividend yield at 4.58%, compared with 4.46% for CGSD.

What is the main difference between BBBS and CGSD?

They also come from different issuers: BondBloxx and Capital Group. Their fees differ too: 0.19% for BBBS and 0.25% for CGSD.

Which has better risk-adjusted returns?

CGSD currently has the higher Sharpe Ratio (2.94 vs 2.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.