CGCP vs. BND
CGCP (Capital Group Core Plus Income ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - CGCP is a Intermediate Core-Plus Bond fund actively managed by Capital Group, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. CGCP is actively managed, while BND is passively managed. Over the past 3 years, CGCP returned 5.14%/yr vs 3.92%/yr for BND. Their correlation of 0.94 suggests significant overlap in exposure. CGCP charges 0.34%/yr vs 0.03%/yr for BND.
Performance
CGCP vs. BND - Performance Comparison
Loading charts...
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with CGCP at 0.38% and BND at 0.38%.
CGCP
- 1D
- -0.27%
- 1M
- 0.45%
- YTD
- 0.38%
- 6M
- 0.50%
- 1Y
- 4.94%
- 3Y*
- 5.14%
- 5Y*
- —
- 10Y*
- —
BND
- 1D
- -0.27%
- 1M
- 0.53%
- YTD
- 0.38%
- 6M
- 0.45%
- 1Y
- 4.37%
- 3Y*
- 3.92%
- 5Y*
- 0.04%
- 10Y*
- 1.55%
CGCP vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CGCP Capital Group Core Plus Income ETF | 0.38% | 7.35% | 2.95% | 7.17% | -9.68% |
BND Vanguard Total Bond Market ETF | 0.38% | 7.08% | 1.38% | 5.65% | -9.32% |
Correlation
The correlation between CGCP and BND is 0.96 - 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 | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022 | 0.94 |
The correlation between CGCP and BND has been stable across timeframes, ranging from 0.94 to 0.96 - 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
CGCP vs. BND — Risk / Return Rank
CGCP
BND
CGCP vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Plus Income ETF (CGCP) 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.
| CGCP | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.21 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 1.64 | +0.28 |
| Martin ratioReturn relative to average drawdown | 6.06 | 4.69 | +1.38 |
Loading charts...
Drawdowns
CGCP vs. BND - Drawdown Comparison
The maximum CGCP drawdown since its inception was -15.06%, smaller than the maximum BND drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for CGCP and BND.
Loading charts...
Drawdown Indicators
| CGCP | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.06% | -18.58% | +3.52% |
Max Drawdown (1Y)Largest decline over 1 year | -2.59% | -2.68% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -5.37% | -5.92% | +0.55% |
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 | -1.12% | -2.26% | +1.14% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -3.06% | -1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 0.93% | -0.11% |
Volatility
CGCP vs. BND - Volatility Comparison
Capital Group Core Plus Income ETF (CGCP) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.12% 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
| CGCP | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.12% | 1.08% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 2.81% | 2.77% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 3.74% | -0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.34% | 6.03% | +0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.34% | 5.54% | +0.80% |
CGCP vs. BND - Expense Ratio Comparison
CGCP has a 0.34% expense ratio, which is higher than BND's 0.03% expense ratio.
Dividends
CGCP vs. BND - Dividend Comparison
CGCP's dividend yield for the trailing twelve months is around 5.16%, 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% |
CGCP Capital Group Core Plus Income ETF | 5.16% | 5.10% | 5.17% | 4.98% | 2.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, CGCP 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.
CGCP has higher volatility (1.12%) compared to BND (1.08%). In terms of maximum drawdown, CGCP dropped -15.06% vs BND's -18.58%.
On 3-year performance, CGCP leads with 5.14% vs 3.92% 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 3-year period, CGCP has performed better with a 5.14% return vs 3.92%. 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 0.34% for CGCP.
CGCP has the higher dividend yield at 5.16%, compared with 3.96% for BND.
CGCP is categorized as Intermediate Core-Plus Bond, while BND is Total Bond Market. They also come from different issuers: Capital Group and Vanguard. Their fees differ too: 0.34% for CGCP and 0.03% for BND.
CGCP currently has the higher Sharpe Ratio (1.35 vs 1.18), 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 CGCP 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