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CGCB vs. FBND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CGCB and FBND is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

CGCB vs. FBND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Core Bond ETF (CGCB) and Fidelity Total Bond ETF (FBND). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CGCB:

1.00

FBND:

1.05

Sortino Ratio

CGCB:

1.42

FBND:

1.54

Omega Ratio

CGCB:

1.17

FBND:

1.18

Calmar Ratio

CGCB:

1.08

FBND:

0.62

Martin Ratio

CGCB:

2.51

FBND:

3.02

Ulcer Index

CGCB:

2.22%

FBND:

1.89%

Daily Std Dev

CGCB:

5.64%

FBND:

5.41%

Max Drawdown

CGCB:

-5.16%

FBND:

-17.25%

Current Drawdown

CGCB:

-1.75%

FBND:

-3.42%

Returns By Period

The year-to-date returns for both investments are quite close, with CGCB having a 2.23% return and FBND slightly higher at 2.24%.


CGCB

YTD

2.23%

1M

0.99%

6M

1.39%

1Y

5.83%

5Y*

N/A

10Y*

N/A

FBND

YTD

2.24%

1M

1.34%

6M

1.28%

1Y

5.91%

5Y*

0.74%

10Y*

2.26%

*Annualized

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CGCB vs. FBND - Expense Ratio Comparison

CGCB has a 0.27% expense ratio, which is lower than FBND's 0.36% expense ratio.


Risk-Adjusted Performance

CGCB vs. FBND — Risk-Adjusted Performance Rank

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

CGCB
The Risk-Adjusted Performance Rank of CGCB is 7979
Overall Rank
The Sharpe Ratio Rank of CGCB is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of CGCB is 8181
Sortino Ratio Rank
The Omega Ratio Rank of CGCB is 7878
Omega Ratio Rank
The Calmar Ratio Rank of CGCB is 8484
Calmar Ratio Rank
The Martin Ratio Rank of CGCB is 7070
Martin Ratio Rank

FBND
The Risk-Adjusted Performance Rank of FBND is 7979
Overall Rank
The Sharpe Ratio Rank of FBND is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of FBND is 8484
Sortino Ratio Rank
The Omega Ratio Rank of FBND is 7979
Omega Ratio Rank
The Calmar Ratio Rank of FBND is 7171
Calmar Ratio Rank
The Martin Ratio Rank of FBND is 7575
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CGCB vs. FBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Bond ETF (CGCB) and Fidelity Total Bond ETF (FBND). 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.


The current CGCB Sharpe Ratio is 1.00, which is comparable to the FBND Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of CGCB and FBND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CGCB vs. FBND - Dividend Comparison

CGCB's dividend yield for the trailing twelve months is around 4.07%, less than FBND's 4.66% yield.


TTM20242023202220212020201920182017201620152014
CGCB
Capital Group Core Bond ETF
4.07%3.99%0.95%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FBND
Fidelity Total Bond ETF
4.66%4.73%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%

Drawdowns

CGCB vs. FBND - Drawdown Comparison

The maximum CGCB drawdown since its inception was -5.16%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for CGCB and FBND. For additional features, visit the drawdowns tool.


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Volatility

CGCB vs. FBND - Volatility Comparison

Capital Group Core Bond ETF (CGCB) and Fidelity Total Bond ETF (FBND) have volatilities of 1.77% and 1.82%, 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.


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