CGMS vs. PMAQX
Compare and contrast key facts about Capital Group U.S. Multi-Sector Income ETF (CGMS) and Principal MidCap R6 (PMAQX).
CGMS is an actively managed fund by Capital Group. It was launched on Oct 25, 2022. PMAQX is managed by Principal Funds. It was launched on Nov 22, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGMS or PMAQX.
Key characteristics
| CGMS | PMAQX | |
|---|---|---|
| YTD Return | 6.66% | 25.98% |
| 1Y Return | 13.44% | 35.11% |
| Sharpe Ratio | 2.70 | 2.59 |
| Sortino Ratio | 4.15 | 3.45 |
| Omega Ratio | 1.54 | 1.45 |
| Calmar Ratio | 6.98 | 1.61 |
| Martin Ratio | 21.50 | 15.40 |
| Ulcer Index | 0.62% | 2.28% |
| Daily Std Dev | 4.96% | 13.57% |
| Max Drawdown | -3.79% | -40.56% |
| Current Drawdown | -1.03% | -0.37% |
Correlation
The correlation between CGMS and PMAQX is 0.48, 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. PMAQX - Performance Comparison
In the year-to-date period, CGMS achieves a 6.66% return, which is significantly lower than PMAQX's 25.98% 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. PMAQX - Expense Ratio Comparison
CGMS has a 0.39% expense ratio, which is lower than PMAQX's 0.60% expense ratio.
Risk-Adjusted Performance
CGMS vs. PMAQX - 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 Principal MidCap R6 (PMAQX). 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. PMAQX - Dividend Comparison
CGMS's dividend yield for the trailing twelve months is around 5.85%, more than PMAQX's 0.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
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% |
PMAQX Principal MidCap R6 | 0.09% | 0.11% | 0.00% | 0.00% | 0.00% | 0.58% | 0.20% | 0.13% | 2.56% |
Drawdowns
CGMS vs. PMAQX - Drawdown Comparison
The maximum CGMS drawdown since its inception was -3.79%, smaller than the maximum PMAQX drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for CGMS and PMAQX. For additional features, visit the drawdowns tool.
Volatility
CGMS vs. PMAQX - Volatility Comparison
The current volatility for Capital Group U.S. Multi-Sector Income ETF (CGMS) is 1.77%, while Principal MidCap R6 (PMAQX) has a volatility of 4.25%. This indicates that CGMS experiences smaller price fluctuations and is considered to be less risky than PMAQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.