CGBL vs. HCMPX

Last updated Jun 4, 2026

CGBL (Capital Group Core Balanced ETF) and HCMPX (HCM Dividend Sector Plus Fund) are both funds - CGBL is a Diversified Portfolio fund actively managed by Capital Group, while HCMPX is a Large Cap Value Equities fund managed by Howard Capital Management. Over the past year, CGBL returned 18.61% vs 30.41% for HCMPX. Their correlation of 0.88 suggests significant overlap in exposure. CGBL charges 0.33%/yr vs 2.38%/yr for HCMPX.

Performance

CGBL vs. HCMPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Core Balanced ETF (CGBL) and HCM Dividend Sector Plus Fund (HCMPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGBL achieves a 7.45% return, which is significantly lower than HCMPX's 8.02% return.

CGBL

• 1D: -0.60%
• 1M: 3.64%
• YTD: 7.45%
• 6M: 8.19%
• 1Y: 18.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HCMPX

• 1D: 0.59%
• 1M: 7.66%
• YTD: 8.02%
• 6M: 7.02%
• 1Y: 30.41%
• 3Y*: 24.97%
• 5Y*: 13.88%
• 10Y*: 15.28%

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

CGBL vs. HCMPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CGBL Capital Group Core Balanced ETF	7.45%	15.33%	16.64%	9.80%
HCMPX HCM Dividend Sector Plus Fund	8.02%	15.92%	43.56%	9.04%

Correlation

The correlation between CGBL and HCMPX is 0.89, 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	0.89
Correlation (All Time) Calculated using the full available price history since Sep 29, 2023	0.88

The correlation between CGBL and HCMPX has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

Return for Risk

CGBL vs. HCMPX — Risk / Return Rank

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

CGBL

CGBL Risk / Return Rank: 55
CGBL Sharpe Ratio Rank: 56
CGBL Sortino Ratio Rank: 58
CGBL Omega Ratio Rank: 57
CGBL Calmar Ratio Rank: 47
CGBL Martin Ratio Rank: 59

HCMPX

HCMPX Risk / Return Rank: 45
HCMPX Sharpe Ratio Rank: 42
HCMPX Sortino Ratio Rank: 34
HCMPX Omega Ratio Rank: 39
HCMPX Calmar Ratio Rank: 63
HCMPX Martin Ratio Rank: 49

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.

CGBL vs. HCMPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Balanced ETF (CGBL) and HCM Dividend Sector Plus Fund (HCMPX). 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.

	CGBL	HCMPX	Difference
Sharpe ratio: Return per unit of total volatility	1.95	1.89	+0.06
Sortino ratio: Return per unit of downside risk	2.82	2.45	+0.37
Omega ratio: Gain probability vs. loss probability	1.35	1.33	+0.02
Calmar ratio: Return relative to maximum drawdown	2.37	3.05	-0.68
Martin ratio: Return relative to average drawdown	10.54	10.12	+0.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGBL vs. HCMPX - Sharpe Ratio Comparison

The current CGBL Sharpe Ratio is 1.95, which is comparable to the HCMPX Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of CGBL and HCMPX, 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

	CGBL	HCMPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	1.89	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.72	0.71	+1.01

Drawdowns

CGBL vs. HCMPX - Drawdown Comparison

The maximum CGBL drawdown since its inception was -11.66%, smaller than the maximum HCMPX drawdown of -28.88%. Use the drawdown chart below to compare losses from any high point for CGBL and HCMPX.

Drawdown Indicators

	CGBL	HCMPX	Difference
Max Drawdown Largest peak-to-trough decline	-11.66%	-28.88%	+17.22%
Max Drawdown (1Y) Largest decline over 1 year	-7.88%	-10.42%	+2.54%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.86%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.88%	—
Current Drawdown Current decline from peak	-0.60%	0.00%	-0.60%
Average Drawdown Average peak-to-trough decline	-1.29%	-7.96%	+6.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	3.14%	-1.37%

Volatility

CGBL vs. HCMPX - Volatility Comparison

The current volatility for Capital Group Core Balanced ETF (CGBL) is 3.14%, while HCM Dividend Sector Plus Fund (HCMPX) has a volatility of 3.63%. This indicates that CGBL experiences smaller price fluctuations and is considered to be less risky than HCMPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGBL	HCMPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	3.63%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	7.85%	11.30%	-3.45%
Volatility (1Y) Calculated over the trailing 1-year period	9.61%	16.82%	-7.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.03%	19.48%	-8.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.03%	20.16%	-9.13%

CGBL vs. HCMPX - Expense Ratio Comparison

CGBL has a 0.33% expense ratio, which is lower than HCMPX's 2.38% expense ratio.

Dividends

CGBL vs. HCMPX - Dividend Comparison

CGBL's dividend yield for the trailing twelve months is around 1.86%, more than HCMPX's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGBL Capital Group Core Balanced ETF	1.86%	1.98%	1.92%	0.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HCMPX HCM Dividend Sector Plus Fund	0.40%	0.43%	29.52%	5.15%	8.57%	0.00%	0.00%	0.15%	12.87%	8.64%	4.18%	2.18%

Frequently Asked Questions

Can I hold both CGBL and HCMPX in my portfolio?

CGBL and HCMPX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGBL or HCMPX?

HCMPX has higher volatility (3.63%) compared to CGBL (3.14%). In terms of maximum drawdown, CGBL dropped -11.66% vs HCMPX's -28.88%.

Which has better risk-adjusted returns?

CGBL currently has the higher Sharpe Ratio (1.95 vs 1.89), 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.