CGBL vs. HIDE

Last updated Jun 4, 2026

CGBL (Capital Group Core Balanced ETF) and HIDE (Alpha Architect High Inflation And Deflation ETF) are both Diversified Portfolio funds. Both are actively managed. Over the past year, CGBL returned 18.61% vs 10.85% for HIDE. At a 0.34 correlation, their price movements are largely independent. CGBL charges 0.33%/yr vs 0.29%/yr for HIDE.

Performance

CGBL vs. HIDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Core Balanced ETF (CGBL) and Alpha Architect High Inflation And Deflation ETF (HIDE). 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 higher than HIDE's 6.79% return.

CGBL

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

HIDE

• 1D: -0.11%
• 1M: -1.06%
• YTD: 6.79%
• 6M: 6.65%
• 1Y: 10.85%
• 3Y*: 4.42%
• 5Y*: —
• 10Y*: —

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

CGBL vs. HIDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CGBL Capital Group Core Balanced ETF	7.45%	15.33%	16.64%	9.80%
HIDE Alpha Architect High Inflation And Deflation ETF	6.79%	5.32%	-0.85%	1.44%

Correlation

The correlation between CGBL and HIDE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Sep 29, 2023	0.34

The correlation between CGBL and HIDE shifts across timeframes, from 0.18 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.

CGBL vs. HIDE - Sectors Allocation Comparison

Sectors	CGBL	HIDE
Technology	29.9%	-
Industrials	16.6%	0.0%
Financial Services	11.8%	-
Healthcare	8.9%	-
Consumer Cyclical	8.7%	-
Communication Services	8.4%	0.6%
Basic Materials	7.2%	-
Consumer Defensive	4.2%	-
Utilities	2.5%	-
Energy	2.0%	0.1%
Real Estate	0.0%	99.2%

Return for Risk

CGBL vs. HIDE — 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

HIDE

HIDE Risk / Return Rank: 81
HIDE Sharpe Ratio Rank: 75
HIDE Sortino Ratio Rank: 76
HIDE Omega Ratio Rank: 82
HIDE Calmar Ratio Rank: 85
HIDE Martin Ratio Rank: 88

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. HIDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Balanced ETF (CGBL) and Alpha Architect High Inflation And Deflation ETF (HIDE). 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	HIDE	Difference
Sharpe ratio: Return per unit of total volatility	1.95	2.46	-0.51
Sortino ratio: Return per unit of downside risk	2.82	3.46	-0.64
Omega ratio: Gain probability vs. loss probability	1.35	1.50	-0.14
Calmar ratio: Return relative to maximum drawdown	2.37	4.72	-2.34
Martin ratio: Return relative to average drawdown	10.54	19.36	-8.83
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. HIDE - Sharpe Ratio Comparison

The current CGBL Sharpe Ratio is 1.95, which is comparable to the HIDE Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of CGBL and HIDE, 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	HIDE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	2.46	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	1.72	0.91	+0.81

Drawdowns

CGBL vs. HIDE - Drawdown Comparison

The maximum CGBL drawdown since its inception was -11.66%, which is greater than HIDE's maximum drawdown of -5.15%. Use the drawdown chart below to compare losses from any high point for CGBL and HIDE.

Drawdown Indicators

	CGBL	HIDE	Difference
Max Drawdown Largest peak-to-trough decline	-11.66%	-5.15%	-6.51%
Max Drawdown (1Y) Largest decline over 1 year	-7.88%	-2.31%	-5.57%
Max Drawdown (3Y) Largest decline over 3 years	—	-5.15%	—
Current Drawdown Current decline from peak	-0.60%	-1.73%	+1.13%
Average Drawdown Average peak-to-trough decline	-1.29%	-0.94%	-0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	0.56%	+1.21%

Volatility

CGBL vs. HIDE - Volatility Comparison

Capital Group Core Balanced ETF (CGBL) has a higher volatility of 3.14% compared to Alpha Architect High Inflation And Deflation ETF (HIDE) at 1.45%. This indicates that CGBL's price experiences larger fluctuations and is considered to be riskier than HIDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGBL	HIDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	1.45%	+1.69%
Volatility (6M) Calculated over the trailing 6-month period	7.85%	3.92%	+3.93%
Volatility (1Y) Calculated over the trailing 1-year period	9.61%	4.43%	+5.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.03%	4.25%	+6.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.03%	4.25%	+6.78%

CGBL vs. HIDE - Expense Ratio Comparison

CGBL has a 0.33% expense ratio, which is higher than HIDE's 0.29% expense ratio.

Dividends

CGBL vs. HIDE - Dividend Comparison

CGBL's dividend yield for the trailing twelve months is around 1.86%, less than HIDE's 2.96% yield.

Position	TTM	2025	2024	2023	2022
CGBL Capital Group Core Balanced ETF	1.86%	1.98%	1.92%	0.48%	0.00%
HIDE Alpha Architect High Inflation And Deflation ETF	2.96%	3.16%	2.86%	3.90%	6.25%

Frequently Asked Questions

Can I hold both CGBL and HIDE in my portfolio?

CGBL and HIDE have a correlation of 0.18, 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 HIDE?

CGBL has higher volatility (3.14%) compared to HIDE (1.45%). In terms of maximum drawdown, CGBL dropped -11.66% vs HIDE's -5.15%.

Which ETF is better, CGBL or HIDE?

On 1-year performance, CGBL leads with 18.61% vs 10.85% for HIDE. On fees, HIDE is cheaper at 0.29% per year. On volatility, HIDE has been the lower-risk option at 1.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGBL or HIDE?

Over the 1-year period, CGBL has performed better with a 18.61% return vs 10.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGBL or HIDE?

HIDE is cheaper with a 0.29% expense ratio, compared with 0.33% for CGBL.

Which ETF pays a higher dividend yield, CGBL or HIDE?

HIDE has the higher dividend yield at 2.96%, compared with 1.86% for CGBL.

What is the main difference between CGBL and HIDE?

They also come from different issuers: Capital Group and Alpha Architect. Their fees differ too: 0.33% for CGBL and 0.29% for HIDE.

Which has better risk-adjusted returns?

HIDE currently has the higher Sharpe Ratio (2.46 vs 1.95), 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.