CGCP vs. IEI
Compare and contrast key facts about Capital Group Core Plus Income ETF (CGCP) and iShares 3-7 Year Treasury Bond ETF (IEI).
CGCP and IEI 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. IEI is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGCP or IEI.
Correlation
The correlation between CGCP and IEI is 0.09, 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
CGCP vs. IEI - Performance Comparison
Key characteristics
CGCP:
1.01
IEI:
1.53
CGCP:
1.44
IEI:
2.33
CGCP:
1.18
IEI:
1.28
CGCP:
0.86
IEI:
0.63
CGCP:
2.79
IEI:
3.82
CGCP:
1.80%
IEI:
1.64%
CGCP:
5.00%
IEI:
4.09%
CGCP:
-15.06%
IEI:
-14.60%
CGCP:
-1.74%
IEI:
-3.83%
Returns By Period
In the year-to-date period, CGCP achieves a 1.40% return, which is significantly lower than IEI's 3.07% return.
CGCP
1.40%
0.38%
0.65%
5.04%
N/A
N/A
IEI
3.07%
0.37%
2.93%
6.20%
-0.63%
1.33%
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CGCP vs. IEI - Expense Ratio Comparison
CGCP has a 0.34% expense ratio, which is higher than IEI's 0.15% expense ratio.
Risk-Adjusted Performance
CGCP vs. IEI — Risk-Adjusted Performance Rank
CGCP
IEI
CGCP vs. IEI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Plus Income ETF (CGCP) and iShares 3-7 Year Treasury Bond ETF (IEI). 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.
Dividends
CGCP vs. IEI - Dividend Comparison
CGCP's dividend yield for the trailing twelve months is around 5.17%, more than IEI's 3.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGCP Capital Group Core Plus Income ETF | 5.17% | 5.17% | 4.98% | 2.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IEI iShares 3-7 Year Treasury Bond ETF | 3.24% | 3.18% | 2.36% | 1.37% | 0.73% | 1.12% | 2.01% | 1.95% | 1.51% | 1.33% | 1.39% | 1.23% |
Drawdowns
CGCP vs. IEI - Drawdown Comparison
The maximum CGCP drawdown since its inception was -15.06%, roughly equal to the maximum IEI drawdown of -14.60%. Use the drawdown chart below to compare losses from any high point for CGCP and IEI. For additional features, visit the drawdowns tool.
Volatility
CGCP vs. IEI - Volatility Comparison
Capital Group Core Plus Income ETF (CGCP) has a higher volatility of 1.79% compared to iShares 3-7 Year Treasury Bond ETF (IEI) at 1.36%. This indicates that CGCP's price experiences larger fluctuations and is considered to be riskier than IEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.