CGIC vs. BKIE

Last updated Jun 24, 2026

CGIC (Capital Group International Core Equity ETF) and BKIE (BNY Mellon International Equity ETF) are both Foreign Large Cap Equities funds. CGIC is actively managed, while BKIE is passively managed. Over the past year, CGIC returned 28.50% vs 22.90% for BKIE. Their correlation of 0.94 suggests significant overlap in exposure. CGIC charges 0.54%/yr vs 0.04%/yr for BKIE.

Performance

CGIC vs. BKIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group International Core Equity ETF (CGIC) and BNY Mellon International Equity ETF (BKIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGIC achieves a 11.18% return, which is significantly higher than BKIE's 8.20% return.

CGIC

• 1D: -2.67%
• 1M: 0.11%
• YTD: 11.18%
• 6M: 11.14%
• 1Y: 28.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BKIE

• 1D: -1.71%
• 1M: 0.06%
• YTD: 8.20%
• 6M: 7.80%
• 1Y: 22.90%
• 3Y*: 17.32%
• 5Y*: 9.19%
• 10Y*: —

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

CGIC vs. BKIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGIC Capital Group International Core Equity ETF	11.18%	37.53%	-3.23%
BKIE BNY Mellon International Equity ETF	8.20%	32.08%	-0.11%

Correlation

The correlation between CGIC and BKIE is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024	0.94

The correlation between CGIC and BKIE has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.

CGIC vs. BKIE - Sectors Allocation Comparison

Sectors	CGIC	BKIE
Financial Services	20.2%	25.9%
Technology	16.7%	10.9%
Industrials	13.9%	18.2%
Basic Materials	8.8%	7.3%
Consumer Defensive	8.1%	6.2%
Consumer Cyclical	7.4%	7.4%
Communication Services	7.3%	4.4%
Energy	6.2%	5.5%
Healthcare	5.6%	8.9%
Utilities	4.1%	3.5%
Real Estate	1.8%	1.9%

Return for Risk

CGIC vs. BKIE — Risk / Return Rank

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

CGIC

CGIC Risk / Return Rank: 55
CGIC Sharpe Ratio Rank: 55
CGIC Sortino Ratio Rank: 52
CGIC Omega Ratio Rank: 54
CGIC Calmar Ratio Rank: 54
CGIC Martin Ratio Rank: 57

BKIE

BKIE Risk / Return Rank: 45
BKIE Sharpe Ratio Rank: 45
BKIE Sortino Ratio Rank: 45
BKIE Omega Ratio Rank: 44
BKIE Calmar Ratio Rank: 42
BKIE Martin Ratio Rank: 48

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.

CGIC vs. BKIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group International Core Equity ETF (CGIC) and BNY Mellon International Equity ETF (BKIE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CGIC	BKIE	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.52	+0.25
Sortino ratio: Return per unit of downside risk	2.43	2.17	+0.26
Omega ratio: Gain probability vs. loss probability	1.32	1.27	+0.05
Calmar ratio: Return relative to maximum drawdown	2.53	2.02	+0.52
Martin ratio: Return relative to average drawdown	9.63	7.76	+1.87

CGIC vs. BKIE - Sharpe Ratio Comparison

The current CGIC Sharpe Ratio is 1.77, which is comparable to the BKIE Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of CGIC and BKIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CGIC vs. BKIE - Drawdown Comparison

The maximum CGIC drawdown since its inception was -13.10%, smaller than the maximum BKIE drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for CGIC and BKIE.

Drawdown Indicators

	CGIC	BKIE	Difference
Max Drawdown Largest peak-to-trough decline	-13.10%	-28.19%	+15.09%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	-11.41%	+0.11%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.19%	—
Current Drawdown Current decline from peak	-2.67%	-1.87%	-0.80%
Average Drawdown Average peak-to-trough decline	-2.51%	-4.94%	+2.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	2.96%	+0.01%

Volatility

CGIC vs. BKIE - Volatility Comparison

Capital Group International Core Equity ETF (CGIC) has a higher volatility of 6.93% compared to BNY Mellon International Equity ETF (BKIE) at 4.96%. This indicates that CGIC's price experiences larger fluctuations and is considered to be riskier than BKIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGIC	BKIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	4.96%	+1.97%
Volatility (6M) Calculated over the trailing 6-month period	14.22%	12.84%	+1.38%
Volatility (1Y) Calculated over the trailing 1-year period	16.15%	15.14%	+1.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.55%	16.21%	+0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	16.37%	+0.18%

CGIC vs. BKIE - Expense Ratio Comparison

CGIC has a 0.54% expense ratio, which is higher than BKIE's 0.04% expense ratio.

Dividends

CGIC vs. BKIE - Dividend Comparison

CGIC's dividend yield for the trailing twelve months is around 1.34%, less than BKIE's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	3.27%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%
CGIC Capital Group International Core Equity ETF	1.34%	1.60%	0.68%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGIC and BKIE in my portfolio?

With a correlation of 0.95, CGIC and BKIE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CGIC or BKIE?

CGIC has higher volatility (6.93%) compared to BKIE (4.96%). In terms of maximum drawdown, CGIC dropped -13.10% vs BKIE's -28.19%.

Which ETF is better, CGIC or BKIE?

On 1-year performance, CGIC leads with 28.50% vs 22.90% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, BKIE has been the lower-risk option at 4.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGIC or BKIE?

Over the 1-year period, CGIC has performed better with a 28.50% return vs 22.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGIC or BKIE?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.54% for CGIC.

Which ETF pays a higher dividend yield, CGIC or BKIE?

BKIE has the higher dividend yield at 3.27%, compared with 1.34% for CGIC.

What is the main difference between CGIC and BKIE?

They also come from different issuers: Capital Group and BNY Mellon. Their fees differ too: 0.54% for CGIC and 0.04% for BKIE.

Which has better risk-adjusted returns?

CGIC currently has the higher Sharpe Ratio (1.77 vs 1.52), 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.