CGCP vs. DBAW
Compare and contrast key facts about Capital Group Core Plus Income ETF (CGCP) and Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW).
CGCP and DBAW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGCP is an actively managed fund by Capital Group. It was launched on Feb 22, 2022. DBAW is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI ACWI ex USA US Dollar Hedged Index. It was launched on Jan 23, 2014.
Performance
CGCP vs. DBAW - Performance Comparison
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CGCP vs. DBAW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CGCP Capital Group Core Plus Income ETF | -0.21% | 7.35% | 2.95% | 7.17% | -9.78% |
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF | 3.56% | 26.47% | 14.35% | 16.26% | -8.05% |
Returns By Period
In the year-to-date period, CGCP achieves a -0.21% return, which is significantly lower than DBAW's 3.56% return.
CGCP
- 1D
- 0.36%
- 1M
- -1.69%
- YTD
- -0.21%
- 6M
- 0.83%
- 1Y
- 4.73%
- 3Y*
- 4.59%
- 5Y*
- —
- 10Y*
- —
DBAW
- 1D
- 2.61%
- 1M
- -5.70%
- YTD
- 3.56%
- 6M
- 10.45%
- 1Y
- 25.67%
- 3Y*
- 17.45%
- 5Y*
- 9.50%
- 10Y*
- 10.42%
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CGCP vs. DBAW - Expense Ratio Comparison
CGCP has a 0.34% expense ratio, which is lower than DBAW's 0.41% expense ratio.
Return for Risk
CGCP vs. DBAW — Risk / Return Rank
CGCP
DBAW
CGCP vs. DBAW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Plus Income ETF (CGCP) and Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW). 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 | DBAW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.61 | -0.50 |
Sortino ratioReturn per unit of downside risk | 1.54 | 2.17 | -0.63 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.36 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 2.13 | -0.28 |
Martin ratioReturn relative to average drawdown | 6.00 | 9.46 | -3.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CGCP | DBAW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.61 | -0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.71 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.69 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.57 | -0.32 |
Correlation
The correlation between CGCP and DBAW is 0.22, 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.
Dividends
CGCP vs. DBAW - Dividend Comparison
CGCP's dividend yield for the trailing twelve months is around 5.16%, more than DBAW's 3.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF | 3.69% | 3.83% | 1.70% | 3.45% | 8.81% | 2.05% | 2.08% | 2.91% | 2.93% | 2.41% | 1.99% | 5.74% |
Drawdowns
CGCP vs. DBAW - Drawdown Comparison
The maximum CGCP drawdown since its inception was -15.06%, smaller than the maximum DBAW drawdown of -31.44%. Use the drawdown chart below to compare losses from any high point for CGCP and DBAW.
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Drawdown Indicators
| CGCP | DBAW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.06% | -31.44% | +16.38% |
Max Drawdown (1Y)Largest decline over 1 year | -2.66% | -11.78% | +9.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.44% | — |
Current DrawdownCurrent decline from peak | -1.69% | -6.12% | +4.43% |
Average DrawdownAverage peak-to-trough decline | -5.09% | -5.05% | -0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 2.65% | -1.83% |
Volatility
CGCP vs. DBAW - Volatility Comparison
The current volatility for Capital Group Core Plus Income ETF (CGCP) is 1.79%, while Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) has a volatility of 6.84%. This indicates that CGCP experiences smaller price fluctuations and is considered to be less risky than DBAW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGCP | DBAW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.79% | 6.84% | -5.05% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 9.97% | -7.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.28% | 16.03% | -11.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.44% | 13.49% | -7.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.44% | 15.23% | -8.79% |