CGCB vs. BND
CGCB (Capital Group Core Bond ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - CGCB is a Intermediate Core Bond fund actively managed by Capital Group, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. CGCB is actively managed, while BND is passively managed. Over the past year, CGCB returned 4.33% vs 4.23% for BND. Their correlation of 0.95 suggests significant overlap in exposure. CGCB charges 0.27%/yr vs 0.03%/yr for BND.
Performance
CGCB vs. BND - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CGCB achieves a 0.39% return, which is significantly lower than BND's 0.49% return.
CGCB
- 1D
- 0.11%
- 1M
- 0.75%
- YTD
- 0.39%
- 6M
- 0.57%
- 1Y
- 4.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BND
- 1D
- 0.11%
- 1M
- 0.64%
- YTD
- 0.49%
- 6M
- 0.57%
- 1Y
- 4.23%
- 3Y*
- 3.96%
- 5Y*
- 0.05%
- 10Y*
- 1.56%
CGCB vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CGCB Capital Group Core Bond ETF | 0.39% | 7.29% | 1.44% | 7.25% |
BND Vanguard Total Bond Market ETF | 0.49% | 7.08% | 1.38% | 6.84% |
Correlation
The correlation between CGCB and BND is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023 | 0.95 |
The correlation between CGCB and BND has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CGCB vs. BND — Risk / Return Rank
CGCB
BND
CGCB vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Bond ETF (CGCB) and Vanguard Total Bond Market ETF (BND). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CGCB | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 1.59 | -0.12 |
| Martin ratioReturn relative to average drawdown | 4.12 | 4.52 | -0.39 |
Loading charts...
Drawdowns
CGCB vs. BND - Drawdown Comparison
The maximum CGCB drawdown since its inception was -5.17%, smaller than the maximum BND drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for CGCB and BND.
Loading charts...
Drawdown Indicators
| CGCB | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.17% | -18.58% | +13.41% |
Max Drawdown (1Y)Largest decline over 1 year | -2.98% | -2.68% | -0.30% |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.92% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.91% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.58% | — |
Current DrawdownCurrent decline from peak | -1.49% | -2.15% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -1.35% | -3.06% | +1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 0.94% | +0.11% |
Volatility
CGCB vs. BND - Volatility Comparison
Capital Group Core Bond ETF (CGCB) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.08% and 1.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CGCB | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 1.08% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | 2.77% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.92% | 3.74% | +0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.37% | 6.03% | -0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.37% | 5.53% | -0.16% |
CGCB vs. BND - Expense Ratio Comparison
CGCB has a 0.27% expense ratio, which is higher than BND's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CGCB vs. BND - Dividend Comparison
CGCB's dividend yield for the trailing twelve months is around 4.21%, more than BND's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 3.96% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
CGCB Capital Group Core Bond ETF | 4.21% | 4.22% | 3.99% | 0.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.97, CGCB and BND move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BND has higher volatility (1.08%) compared to CGCB (1.08%). In terms of maximum drawdown, CGCB dropped -5.17% vs BND's -18.58%.
On 1-year performance, CGCB leads with 4.33% vs 4.23% for BND. On fees, BND is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CGCB has performed better with a 4.33% return vs 4.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BND is cheaper with a 0.03% expense ratio, compared with 0.27% for CGCB.
CGCB has the higher dividend yield at 4.21%, compared with 3.96% for BND.
CGCB is categorized as Intermediate Core Bond, while BND is Total Bond Market. They also come from different issuers: Capital Group and Vanguard. Their fees differ too: 0.27% for CGCB and 0.03% for BND.
BND currently has the higher Sharpe Ratio (1.14 vs 1.11), 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.
Find the right allocation for CGCB and BND
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer