CGCP vs. CGXU

Last updated Jun 4, 2026

CGCP (Capital Group Core Plus Income ETF) and CGXU (Capital Group International Focus Equity ETF) are both exchange-traded funds - CGCP is a Intermediate Core-Plus Bond fund actively managed by Capital Group, while CGXU is a Foreign Large Cap Equities fund actively managed by Capital Group. Both are actively managed. Over the past 3 years, CGCP returned 5.07%/yr vs 18.00%/yr for CGXU. At a 0.34 correlation, their price movements are largely independent. CGCP charges 0.34%/yr vs 0.54%/yr for CGXU.

Performance

CGCP vs. CGXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Core Plus Income ETF (CGCP) and Capital Group International Focus Equity ETF (CGXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGCP achieves a 0.33% return, which is significantly lower than CGXU's 19.90% return.

CGCP

• 1D: -0.31%
• 1M: 0.27%
• YTD: 0.33%
• 6M: 0.37%
• 1Y: 5.84%
• 3Y*: 5.07%
• 5Y*: —
• 10Y*: —

CGXU

• 1D: -1.14%
• 1M: 10.58%
• YTD: 19.90%
• 6M: 22.54%
• 1Y: 41.14%
• 3Y*: 18.00%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CGCP vs. CGXU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CGCP Capital Group Core Plus Income ETF	0.33%	7.35%	2.95%	7.17%	-9.78%
CGXU Capital Group International Focus Equity ETF	19.90%	26.31%	4.36%	15.75%	-14.34%

Correlation

The correlation between CGCP and CGXU is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022	0.34

CGCP vs. CGXU - Sectors Allocation Comparison

Sectors	CGCP	CGXU
Real Estate	97.3%	-
Energy	2.8%	7.5%
Basic Materials	-	11.0%
Communication Services	-	10.5%
Consumer Cyclical	-	6.6%
Consumer Defensive	-	6.2%
Financial Services	-	13.9%
Healthcare	-	4.7%
Industrials	-	15.4%
Technology	-	21.6%
Utilities	-	2.5%

Return for Risk

CGCP vs. CGXU — Risk / Return Rank

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

CGCP

CGCP Risk / Return Rank: 45
CGCP Sharpe Ratio Rank: 44
CGCP Sortino Ratio Rank: 47
CGCP Omega Ratio Rank: 44
CGCP Calmar Ratio Rank: 45
CGCP Martin Ratio Rank: 45

CGXU

CGXU Risk / Return Rank: 62
CGXU Sharpe Ratio Rank: 61
CGXU Sortino Ratio Rank: 60
CGXU Omega Ratio Rank: 60
CGXU Calmar Ratio Rank: 63
CGXU Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CGCP vs. CGXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Plus Income ETF (CGCP) and Capital Group International Focus Equity ETF (CGXU). 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.

	CGCP	CGXU	Difference
Sharpe ratio: Return per unit of total volatility	1.58	2.09	-0.50
Sortino ratio: Return per unit of downside risk	2.36	2.85	-0.50
Omega ratio: Gain probability vs. loss probability	1.29	1.37	-0.08
Calmar ratio: Return relative to maximum drawdown	2.27	3.14	-0.88
Martin ratio: Return relative to average drawdown	7.46	11.72	-4.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGCP vs. CGXU - Sharpe Ratio Comparison

The current CGCP Sharpe Ratio is 1.58, which is comparable to the CGXU Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of CGCP and CGXU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CGCP	CGXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	2.09	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.56	-0.30

Drawdowns

CGCP vs. CGXU - Drawdown Comparison

The maximum CGCP drawdown since its inception was -15.06%, smaller than the maximum CGXU drawdown of -25.64%. Use the drawdown chart below to compare losses from any high point for CGCP and CGXU.

Drawdown Indicators

	CGCP	CGXU	Difference
Max Drawdown Largest peak-to-trough decline	-15.06%	-25.64%	+10.58%
Max Drawdown (1Y) Largest decline over 1 year	-2.59%	-13.14%	+10.55%
Max Drawdown (3Y) Largest decline over 3 years	-5.37%	-21.63%	+16.26%
Current Drawdown Current decline from peak	-1.16%	-1.14%	-0.02%
Average Drawdown Average peak-to-trough decline	-4.93%	-6.66%	+1.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.78%	3.52%	-2.74%

Volatility

CGCP vs. CGXU - Volatility Comparison

The current volatility for Capital Group Core Plus Income ETF (CGCP) is 1.33%, while Capital Group International Focus Equity ETF (CGXU) has a volatility of 7.31%. This indicates that CGCP experiences smaller price fluctuations and is considered to be less risky than CGXU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGCP	CGXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.33%	7.31%	-5.98%
Volatility (6M) Calculated over the trailing 6-month period	2.73%	17.05%	-14.32%
Volatility (1Y) Calculated over the trailing 1-year period	3.70%	19.83%	-16.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.36%	19.93%	-13.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.36%	19.93%	-13.57%

CGCP vs. CGXU - Expense Ratio Comparison

CGCP has a 0.34% expense ratio, which is lower than CGXU's 0.54% expense ratio.

Dividends

CGCP vs. CGXU - Dividend Comparison

CGCP's dividend yield for the trailing twelve months is around 5.16%, more than CGXU's 4.43% yield.

Position	TTM	2025	2024	2023	2022
CGCP Capital Group Core Plus Income ETF	5.16%	5.10%	5.17%	4.98%	2.96%
CGXU Capital Group International Focus Equity ETF	4.43%	5.31%	1.01%	0.99%	0.95%

Frequently Asked Questions

Can I hold both CGCP and CGXU in my portfolio?

CGCP and CGXU have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGCP or CGXU?

CGXU has higher volatility (7.31%) compared to CGCP (1.33%). In terms of maximum drawdown, CGCP dropped -15.06% vs CGXU's -25.64%.

Which ETF is better, CGCP or CGXU?

On 3-year performance, CGXU leads with 18.00% vs 5.07% for CGCP. On fees, CGCP is cheaper at 0.34% per year. On volatility, CGCP has been the lower-risk option at 1.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGCP or CGXU?

Over the 3-year period, CGXU has performed better with a 18.00% return vs 5.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGCP or CGXU?

CGCP is cheaper with a 0.34% expense ratio, compared with 0.54% for CGXU.

Which ETF pays a higher dividend yield, CGCP or CGXU?

CGCP has the higher dividend yield at 5.16%, compared with 4.43% for CGXU.

What is the main difference between CGCP and CGXU?

CGCP is categorized as Intermediate Core-Plus Bond, while CGXU is Foreign Large Cap Equities. Their fees differ too: 0.34% for CGCP and 0.54% for CGXU.

Which has better risk-adjusted returns?

CGXU currently has the higher Sharpe Ratio (2.09 vs 1.58), 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.