CGMS vs. SOXQ
Compare and contrast key facts about Capital Group U.S. Multi-Sector Income ETF (CGMS) and Invesco PHLX Semiconductor ETF (SOXQ).
CGMS and SOXQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGMS is an actively managed fund by Capital Group. It was launched on Oct 25, 2022. SOXQ is a passively managed fund by Invesco that tracks the performance of the PHLX / Semiconductor. It was launched on Jun 11, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGMS or SOXQ.
Key characteristics
| CGMS | SOXQ | |
|---|---|---|
| YTD Return | 6.63% | 20.65% |
| 1Y Return | 12.03% | 36.70% |
| Sharpe Ratio | 2.70 | 1.20 |
| Sortino Ratio | 4.15 | 1.69 |
| Omega Ratio | 1.54 | 1.22 |
| Calmar Ratio | 6.97 | 1.66 |
| Martin Ratio | 21.35 | 4.44 |
| Ulcer Index | 0.63% | 9.42% |
| Daily Std Dev | 4.96% | 34.78% |
| Max Drawdown | -3.79% | -46.01% |
| Current Drawdown | -1.07% | -15.09% |
Correlation
The correlation between CGMS and SOXQ is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CGMS vs. SOXQ - Performance Comparison
In the year-to-date period, CGMS achieves a 6.63% return, which is significantly lower than SOXQ's 20.65% 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. SOXQ - Expense Ratio Comparison
CGMS has a 0.39% expense ratio, which is higher than SOXQ's 0.00% expense ratio.
Risk-Adjusted Performance
CGMS vs. SOXQ - 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 Invesco PHLX Semiconductor ETF (SOXQ). 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. SOXQ - Dividend Comparison
CGMS's dividend yield for the trailing twelve months is around 5.86%, more than SOXQ's 0.69% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
CGMS Capital Group U.S. Multi-Sector Income ETF | 5.86% | 5.84% | 0.97% | 0.00% |
SOXQ Invesco PHLX Semiconductor ETF | 0.69% | 0.87% | 1.36% | 0.73% |
Drawdowns
CGMS vs. SOXQ - Drawdown Comparison
The maximum CGMS drawdown since its inception was -3.79%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for CGMS and SOXQ. For additional features, visit the drawdowns tool.
Volatility
CGMS vs. SOXQ - Volatility Comparison
The current volatility for Capital Group U.S. Multi-Sector Income ETF (CGMS) is 1.77%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 8.56%. This indicates that CGMS experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.