CGBL vs. NTSX
Compare and contrast key facts about Capital Group Core Balanced ETF (CGBL) and WisdomTree U.S. Efficient Core Fund (NTSX).
CGBL and NTSX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGBL is an actively managed fund by Capital Group. It was launched on Sep 26, 2023. NTSX is an actively managed fund by WisdomTree. It was launched on Aug 2, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGBL or NTSX.
Key characteristics
| CGBL | NTSX | |
|---|---|---|
| YTD Return | 17.30% | 21.44% |
| 1Y Return | 27.26% | 34.12% |
| Sharpe Ratio | 2.97 | 2.73 |
| Sortino Ratio | 4.16 | 3.74 |
| Omega Ratio | 1.56 | 1.48 |
| Calmar Ratio | 4.74 | 1.83 |
| Martin Ratio | 20.21 | 18.24 |
| Ulcer Index | 1.39% | 1.90% |
| Daily Std Dev | 9.47% | 12.70% |
| Max Drawdown | -5.93% | -31.34% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between CGBL and NTSX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CGBL vs. NTSX - Performance Comparison
In the year-to-date period, CGBL achieves a 17.30% return, which is significantly lower than NTSX's 21.44% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CGBL vs. NTSX - Expense Ratio Comparison
CGBL has a 0.33% expense ratio, which is higher than NTSX's 0.20% expense ratio.
Risk-Adjusted Performance
CGBL vs. NTSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Balanced ETF (CGBL) and WisdomTree U.S. Efficient Core Fund (NTSX). 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.
Dividends
CGBL vs. NTSX - Dividend Comparison
CGBL's dividend yield for the trailing twelve months is around 1.67%, more than NTSX's 1.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
CGBL Capital Group Core Balanced ETF | 1.67% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NTSX WisdomTree U.S. Efficient Core Fund | 1.06% | 1.21% | 1.36% | 0.82% | 0.92% | 1.53% | 0.62% |
Drawdowns
CGBL vs. NTSX - Drawdown Comparison
The maximum CGBL drawdown since its inception was -5.93%, smaller than the maximum NTSX drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for CGBL and NTSX. For additional features, visit the drawdowns tool.
Volatility
CGBL vs. NTSX - Volatility Comparison
The current volatility for Capital Group Core Balanced ETF (CGBL) is 2.73%, while WisdomTree U.S. Efficient Core Fund (NTSX) has a volatility of 3.56%. This indicates that CGBL experiences smaller price fluctuations and is considered to be less risky than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.