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CGCP vs. IEI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

CGCP vs. IEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Core Plus Income ETF (CGCP) and iShares 3-7 Year Treasury Bond ETF (IEI). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.39%
2.89%
CGCP
IEI

Returns By Period

In the year-to-date period, CGCP achieves a 2.93% return, which is significantly higher than IEI's 1.62% return.


CGCP

YTD

2.93%

1M

-0.56%

6M

3.38%

1Y

7.92%

5Y (annualized)

N/A

10Y (annualized)

N/A

IEI

YTD

1.62%

1M

-0.74%

6M

2.90%

1Y

4.68%

5Y (annualized)

-0.02%

10Y (annualized)

1.10%

Key characteristics


CGCPIEI
Sharpe Ratio1.371.07
Sortino Ratio2.031.58
Omega Ratio1.251.19
Calmar Ratio0.850.42
Martin Ratio4.623.14
Ulcer Index1.67%1.49%
Daily Std Dev5.65%4.37%
Max Drawdown-15.07%-14.60%
Current Drawdown-3.12%-6.87%

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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.


CGCP
Capital Group Core Plus Income ETF
Expense ratio chart for CGCP: current value at 0.34% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.34%
Expense ratio chart for IEI: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Correlation

-0.50.00.51.00.9

The correlation between CGCP and IEI is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for CGCP, currently valued at 1.37, compared to the broader market0.002.004.006.001.371.07
The chart of Sortino ratio for CGCP, currently valued at 2.03, compared to the broader market-2.000.002.004.006.008.0010.0012.002.031.58
The chart of Omega ratio for CGCP, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.19
The chart of Calmar ratio for CGCP, currently valued at 0.85, compared to the broader market0.005.0010.0015.000.850.64
The chart of Martin ratio for CGCP, currently valued at 4.62, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.623.14
CGCP
IEI

The current CGCP Sharpe Ratio is 1.37, which is comparable to the IEI Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of CGCP and IEI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.37
1.07
CGCP
IEI

Dividends

CGCP vs. IEI - Dividend Comparison

CGCP's dividend yield for the trailing twelve months is around 5.21%, more than IEI's 3.11% yield.


TTM20232022202120202019201820172016201520142013
CGCP
Capital Group Core Plus Income ETF
5.21%4.98%2.96%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IEI
iShares 3-7 Year Treasury Bond ETF
3.11%2.36%1.37%0.73%1.12%2.01%1.95%1.51%1.33%1.39%1.23%0.77%

Drawdowns

CGCP vs. IEI - Drawdown Comparison

The maximum CGCP drawdown since its inception was -15.07%, 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.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.12%
-3.03%
CGCP
IEI

Volatility

CGCP vs. IEI - Volatility Comparison

Capital Group Core Plus Income ETF (CGCP) has a higher volatility of 1.26% compared to iShares 3-7 Year Treasury Bond ETF (IEI) at 1.00%. 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.


0.80%1.00%1.20%1.40%1.60%1.80%JuneJulyAugustSeptemberOctoberNovember
1.26%
1.00%
CGCP
IEI