CGIC vs. CIVVX

Last updated Aug 2, 2026

CGIC (Capital Group International Core Equity ETF) and CIVVX (Causeway International Value Fund) are both Foreign Large Cap Equities funds. Over the past year, CGIC returned 27.48% vs 28.25% for CIVVX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. CGIC charges 0.54%/yr vs 1.10%/yr for CIVVX.

Performance

CGIC vs. CIVVX - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with CGIC having a 11.81% return and CIVVX slightly lower at 11.43%.

CGIC

• 1D: -0.53%
• 1M: 0.00%
• 6M: 5.12%
• YTD: 11.81%
• 1Y: 27.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.93%

CIVVX

• 1D: 2.13%
• 1M: 2.37%
• 6M: 6.71%
• YTD: 11.43%
• 1Y: 28.25%
• 3Y*: 18.27%
• 5Y*: 13.68%
• 10Y*: 10.67%
• ALL TIME*: 8.34%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CGIC Capital Group International Core Equity ETF	$28.22M	$22.54M	$22.04M
CIVVX Causeway International Value Fund	$0.00	$0.00	$0.00

CGIC vs. CIVVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGIC Capital Group International Core Equity ETF	11.81%	37.53%	-3.23%
CIVVX Causeway International Value Fund	11.43%	38.72%	-0.58%

Correlation

The correlation between CGIC and CIVVX is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.75
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024	0.79

The correlation between CGIC and CIVVX has been stable across timeframes, ranging from 0.75 to 0.79 - a consistent structural relationship.

Return for Risk

CGIC vs. CIVVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CGIC

CGIC Risk / Return Rank: 70
CGIC Sharpe Ratio Rank: 71
CGIC Sortino Ratio Rank: 69
CGIC Omega Ratio Rank: 70
CGIC Calmar Ratio Rank: 68
CGIC Martin Ratio Rank: 72

CIVVX

CIVVX Risk / Return Rank: 52
CIVVX Sharpe Ratio Rank: 60
CIVVX Sortino Ratio Rank: 61
CIVVX Omega Ratio Rank: 60
CIVVX Calmar Ratio Rank: 40
CIVVX Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CGIC vs. CIVVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group International Core Equity ETF (CGIC) and Causeway International Value Fund (CIVVX). 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	CIVVX	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.45	+0.16
Sortino ratio: Return per unit of downside risk	2.25	2.10	+0.15
Omega ratio: Gain probability vs. loss probability	1.29	1.27	+0.03
Calmar ratio: Return relative to maximum drawdown	2.38	1.60	+0.78
Martin ratio: Return relative to average drawdown	8.78	5.16	+3.62

CGIC vs. CIVVX - Sharpe Ratio Comparison

The current CGIC Sharpe Ratio is 1.61, which is comparable to the CIVVX Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of CGIC and CIVVX, 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. CIVVX - Drawdown Comparison

The maximum CGIC drawdown since its inception was -13.10%, smaller than the maximum CIVVX drawdown of -61.07%. Use the drawdown chart below to compare losses from any high point for CGIC and CIVVX.

Drawdown Indicators

	CGIC	CIVVX	Difference
Max Drawdown Largest peak-to-trough decline	-13.10%	-61.07%	+47.97%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	-16.20%	+4.90%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.13%	—
Current Drawdown Current decline from peak	-2.12%	0.00%	-2.12%
Average Drawdown Average peak-to-trough decline	-2.52%	-11.16%	+8.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.06%	5.01%	-1.95%

Volatility

CGIC vs. CIVVX - Volatility Comparison

Capital Group International Core Equity ETF (CGIC) and Causeway International Value Fund (CIVVX) have volatilities of 5.21% and 5.25%, 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

	CGIC	CIVVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.21%	5.25%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	14.83%	15.40%	-0.57%
Volatility (1Y) Calculated over the trailing 1-year period	16.72%	17.93%	-1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.59%	18.27%	-1.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.59%	19.11%	-2.52%

CGIC vs. CIVVX - Expense Ratio Comparison

CGIC has a 0.54% expense ratio, which is lower than CIVVX's 1.10% expense ratio.

Dividends

CGIC vs. CIVVX - Dividend Comparison

CGIC's dividend yield for the trailing twelve months is around 1.68%, less than CIVVX's 8.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGIC Capital Group International Core Equity ETF	1.68%	1.60%	0.68%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CIVVX Causeway International Value Fund	8.61%	9.59%	9.07%	3.39%	1.54%	1.60%	1.11%	4.41%	3.31%	1.73%	1.69%	1.70%

Frequently Asked Questions

Can I hold both CGIC and CIVVX in my portfolio?

CGIC and CIVVX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGIC or CIVVX?

CIVVX has higher volatility (5.25%) compared to CGIC (5.21%). In terms of maximum drawdown, CGIC dropped -13.10% vs CIVVX's -61.07%.

Which has better risk-adjusted returns?

CGIC currently has the higher Sharpe Ratio (1.61 vs 1.45), 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.