CGBL vs. VBINX
Compare and contrast key facts about Capital Group Core Balanced ETF (CGBL) and Vanguard Balanced Index Fund (VBINX).
CGBL is an actively managed fund by Capital Group. It was launched on Sep 26, 2023. VBINX is managed by Vanguard. It was launched on Nov 9, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGBL or VBINX.
Key characteristics
| CGBL | VBINX | |
|---|---|---|
| YTD Return | 17.52% | 15.96% |
| 1Y Return | 27.27% | 25.54% |
| Sharpe Ratio | 2.89 | 3.06 |
| Sortino Ratio | 4.04 | 4.37 |
| Omega Ratio | 1.55 | 1.58 |
| Calmar Ratio | 4.61 | 2.48 |
| Martin Ratio | 19.62 | 19.74 |
| Ulcer Index | 1.39% | 1.29% |
| Daily Std Dev | 9.44% | 8.33% |
| Max Drawdown | -5.93% | -35.97% |
| Current Drawdown | -0.88% | -0.43% |
Correlation
The correlation between CGBL and VBINX is 0.94, 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. VBINX - Performance Comparison
In the year-to-date period, CGBL achieves a 17.52% return, which is significantly higher than VBINX's 15.96% 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. VBINX - Expense Ratio Comparison
CGBL has a 0.33% expense ratio, which is higher than VBINX's 0.18% expense ratio.
Risk-Adjusted Performance
CGBL vs. VBINX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Balanced ETF (CGBL) and Vanguard Balanced Index Fund (VBINX). 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. VBINX - Dividend Comparison
CGBL's dividend yield for the trailing twelve months is around 1.66%, less than VBINX's 1.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGBL Capital Group Core Balanced ETF | 1.66% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VBINX Vanguard Balanced Index Fund | 1.91% | 1.93% | 1.80% | 1.27% | 1.55% | 2.02% | 2.19% | 1.83% | 1.97% | 1.95% | 1.79% | 1.70% |
Drawdowns
CGBL vs. VBINX - Drawdown Comparison
The maximum CGBL drawdown since its inception was -5.93%, smaller than the maximum VBINX drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for CGBL and VBINX. For additional features, visit the drawdowns tool.
Volatility
CGBL vs. VBINX - Volatility Comparison
Capital Group Core Balanced ETF (CGBL) has a higher volatility of 2.82% compared to Vanguard Balanced Index Fund (VBINX) at 2.47%. This indicates that CGBL's price experiences larger fluctuations and is considered to be riskier than VBINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.