CGCV vs. BUSA

Last updated Jun 4, 2026

CGCV (Capital Group Conservative Equity ETF) and BUSA (Brandes U.S. Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, CGCV returned 16.96% vs 22.40% for BUSA. Their correlation of 0.82 suggests significant overlap in exposure. CGCV charges 0.33%/yr vs 0.60%/yr for BUSA.

Performance

CGCV vs. BUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Conservative Equity ETF (CGCV) and Brandes U.S. Value ETF (BUSA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGCV achieves a 5.95% return, which is significantly lower than BUSA's 6.93% return.

CGCV

• 1D: -0.25%
• 1M: 2.81%
• YTD: 5.95%
• 6M: 6.19%
• 1Y: 16.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUSA

• 1D: -0.17%
• 1M: 1.70%
• YTD: 6.93%
• 6M: 9.34%
• 1Y: 22.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGCV vs. BUSA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGCV Capital Group Conservative Equity ETF	5.95%	16.62%	7.44%
BUSA Brandes U.S. Value ETF	6.93%	17.56%	7.24%

Correlation

The correlation between CGCV and BUSA is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jun 28, 2024	0.82

The correlation between CGCV and BUSA has been stable across timeframes, ranging from 0.76 to 0.82 - a consistent structural relationship.

CGCV vs. BUSA - Sectors Allocation Comparison

Sectors	CGCV	BUSA
Technology	23.6%	12.9%
Healthcare	13.9%	23.8%
Financial Services	12.2%	20.1%
Consumer Defensive	10.0%	5.1%
Industrials	9.9%	12.4%
Utilities	8.6%	3.4%
Consumer Cyclical	7.0%	4.9%
Energy	5.4%	7.3%
Communication Services	4.9%	5.6%
Basic Materials	2.9%	4.1%
Real Estate	1.8%	-

Return for Risk

CGCV vs. BUSA — Risk / Return Rank

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

CGCV

CGCV Risk / Return Rank: 49
CGCV Sharpe Ratio Rank: 50
CGCV Sortino Ratio Rank: 50
CGCV Omega Ratio Rank: 50
CGCV Calmar Ratio Rank: 43
CGCV Martin Ratio Rank: 51

BUSA

BUSA Risk / Return Rank: 56
BUSA Sharpe Ratio Rank: 55
BUSA Sortino Ratio Rank: 56
BUSA Omega Ratio Rank: 54
BUSA Calmar Ratio Rank: 60
BUSA Martin Ratio Rank: 57

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.

CGCV vs. BUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Conservative Equity ETF (CGCV) and Brandes U.S. Value ETF (BUSA). 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.

	CGCV	BUSA	Difference
Sharpe ratio Return per unit of total volatility	1.75	1.90	-0.15
Sortino ratio Return per unit of downside risk	2.47	2.72	-0.25
Omega ratio Gain probability vs. loss probability	1.32	1.34	-0.02
Calmar ratio Return relative to maximum drawdown	2.15	2.96	-0.81
Martin ratio Return relative to average drawdown	8.67	10.06	-1.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGCV vs. BUSA - Sharpe Ratio Comparison

The current CGCV Sharpe Ratio is 1.75, which is comparable to the BUSA Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of CGCV and BUSA, 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

	CGCV	BUSA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	1.90	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	1.45	-0.19

Drawdowns

CGCV vs. BUSA - Drawdown Comparison

The maximum CGCV drawdown since its inception was -13.13%, smaller than the maximum BUSA drawdown of -14.19%. Use the drawdown chart below to compare losses from any high point for CGCV and BUSA.

Drawdown Indicators

	CGCV	BUSA	Difference
Max Drawdown Largest peak-to-trough decline	-13.13%	-14.19%	+1.06%
Max Drawdown (1Y) Largest decline over 1 year	-7.93%	-7.61%	-0.32%
Current Drawdown Current decline from peak	-0.25%	-0.86%	+0.61%
Average Drawdown Average peak-to-trough decline	-1.67%	-2.15%	+0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	2.23%	-0.27%

Volatility

CGCV vs. BUSA - Volatility Comparison

Capital Group Conservative Equity ETF (CGCV) and Brandes U.S. Value ETF (BUSA) have volatilities of 2.41% and 2.50%, 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.

Volatility by Period

	CGCV	BUSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.41%	2.50%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	7.45%	8.44%	-0.99%
Volatility (1Y) Calculated over the trailing 1-year period	9.72%	11.82%	-2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.65%	13.65%	-1.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.65%	13.65%	-1.00%

CGCV vs. BUSA - Expense Ratio Comparison

CGCV has a 0.33% expense ratio, which is lower than BUSA's 0.60% expense ratio.

Dividends

CGCV vs. BUSA - Dividend Comparison

CGCV's dividend yield for the trailing twelve months is around 1.46%, less than BUSA's 1.48% yield.

Position	TTM	2025	2024	2023
BUSA Brandes U.S. Value ETF	1.48%	1.53%	1.37%	0.22%
CGCV Capital Group Conservative Equity ETF	1.46%	1.44%	0.68%	0.00%

Frequently Asked Questions

Can I hold both CGCV and BUSA in my portfolio?

CGCV and BUSA have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGCV or BUSA?

BUSA has higher volatility (2.50%) compared to CGCV (2.41%). In terms of maximum drawdown, CGCV dropped -13.13% vs BUSA's -14.19%.

Which ETF is better, CGCV or BUSA?

On 1-year performance, BUSA leads with 22.40% vs 16.96% for CGCV. On fees, CGCV is cheaper at 0.33% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGCV or BUSA?

Over the 1-year period, BUSA has performed better with a 22.40% return vs 16.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGCV or BUSA?

CGCV is cheaper with a 0.33% expense ratio, compared with 0.60% for BUSA.

Which ETF pays a higher dividend yield, CGCV or BUSA?

BUSA has the higher dividend yield at 1.48%, compared with 1.46% for CGCV.

What is the main difference between CGCV and BUSA?

They also come from different issuers: Capital Group and Brandes. Their fees differ too: 0.33% for CGCV and 0.60% for BUSA.

Which has better risk-adjusted returns?

BUSA currently has the higher Sharpe Ratio (1.90 vs 1.75), 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.