CGMS vs. FEQIX
Compare and contrast key facts about Capital Group U.S. Multi-Sector Income ETF (CGMS) and Fidelity Equity-Income Fund (FEQIX).
CGMS is an actively managed fund by Capital Group. It was launched on Oct 25, 2022. FEQIX is managed by Fidelity. It was launched on May 16, 1966.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGMS or FEQIX.
Key characteristics
| CGMS | FEQIX | |
|---|---|---|
| YTD Return | 6.66% | 19.68% |
| 1Y Return | 13.44% | 26.82% |
| Sharpe Ratio | 2.70 | 2.68 |
| Sortino Ratio | 4.15 | 3.71 |
| Omega Ratio | 1.54 | 1.49 |
| Calmar Ratio | 6.98 | 2.34 |
| Martin Ratio | 21.50 | 19.29 |
| Ulcer Index | 0.62% | 1.39% |
| Daily Std Dev | 4.96% | 10.01% |
| Max Drawdown | -3.79% | -62.07% |
| Current Drawdown | -1.03% | -0.72% |
Correlation
The correlation between CGMS and FEQIX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CGMS vs. FEQIX - Performance Comparison
In the year-to-date period, CGMS achieves a 6.66% return, which is significantly lower than FEQIX's 19.68% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CGMS vs. FEQIX - Expense Ratio Comparison
CGMS has a 0.39% expense ratio, which is lower than FEQIX's 0.57% expense ratio.
Risk-Adjusted Performance
CGMS vs. FEQIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group U.S. Multi-Sector Income ETF (CGMS) and Fidelity Equity-Income Fund (FEQIX). 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
CGMS vs. FEQIX - Dividend Comparison
CGMS's dividend yield for the trailing twelve months is around 5.85%, more than FEQIX's 1.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGMS Capital Group U.S. Multi-Sector Income ETF | 5.85% | 5.84% | 0.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FEQIX Fidelity Equity-Income Fund | 1.55% | 1.78% | 1.93% | 1.55% | 1.50% | 1.82% | 2.73% | 2.03% | 2.37% | 7.35% | 8.14% | 2.18% |
Drawdowns
CGMS vs. FEQIX - Drawdown Comparison
The maximum CGMS drawdown since its inception was -3.79%, smaller than the maximum FEQIX drawdown of -62.07%. Use the drawdown chart below to compare losses from any high point for CGMS and FEQIX. For additional features, visit the drawdowns tool.
Volatility
CGMS vs. FEQIX - Volatility Comparison
The current volatility for Capital Group U.S. Multi-Sector Income ETF (CGMS) is 1.77%, while Fidelity Equity-Income Fund (FEQIX) has a volatility of 3.18%. This indicates that CGMS experiences smaller price fluctuations and is considered to be less risky than FEQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.