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CGSD vs. CGCB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CGSD and CGCB is 0.15, 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

CGSD vs. CGCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Short Duration Income ETF (CGSD) and Capital Group Core Bond ETF (CGCB). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CGSD:

3.52

CGCB:

1.00

Sortino Ratio

CGSD:

5.94

CGCB:

1.42

Omega Ratio

CGSD:

1.80

CGCB:

1.17

Calmar Ratio

CGSD:

8.64

CGCB:

1.08

Martin Ratio

CGSD:

24.14

CGCB:

2.51

Ulcer Index

CGSD:

0.27%

CGCB:

2.22%

Daily Std Dev

CGSD:

1.84%

CGCB:

5.64%

Max Drawdown

CGSD:

-1.75%

CGCB:

-5.16%

Current Drawdown

CGSD:

-0.15%

CGCB:

-1.75%

Returns By Period

In the year-to-date period, CGSD achieves a 2.06% return, which is significantly lower than CGCB's 2.23% return.


CGSD

YTD

2.06%

1M

0.79%

6M

2.72%

1Y

6.51%

5Y*

N/A

10Y*

N/A

CGCB

YTD

2.23%

1M

0.25%

6M

1.39%

1Y

5.60%

5Y*

N/A

10Y*

N/A

*Annualized

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CGSD vs. CGCB - Expense Ratio Comparison

CGSD has a 0.25% expense ratio, which is lower than CGCB's 0.27% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

CGSD vs. CGCB — Risk-Adjusted Performance Rank

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

CGSD
The Risk-Adjusted Performance Rank of CGSD is 9898
Overall Rank
The Sharpe Ratio Rank of CGSD is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of CGSD is 9898
Sortino Ratio Rank
The Omega Ratio Rank of CGSD is 9898
Omega Ratio Rank
The Calmar Ratio Rank of CGSD is 9999
Calmar Ratio Rank
The Martin Ratio Rank of CGSD is 9898
Martin Ratio Rank

CGCB
The Risk-Adjusted Performance Rank of CGCB is 7979
Overall Rank
The Sharpe Ratio Rank of CGCB is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of CGCB is 8181
Sortino Ratio Rank
The Omega Ratio Rank of CGCB is 7777
Omega Ratio Rank
The Calmar Ratio Rank of CGCB is 8484
Calmar Ratio Rank
The Martin Ratio Rank of CGCB is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CGSD vs. CGCB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Short Duration Income ETF (CGSD) and Capital Group Core Bond ETF (CGCB). 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.


The current CGSD Sharpe Ratio is 3.52, which is higher than the CGCB Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of CGSD and CGCB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CGSD vs. CGCB - Dividend Comparison

CGSD's dividend yield for the trailing twelve months is around 4.57%, more than CGCB's 4.07% yield.


TTM202420232022
CGSD
Capital Group Short Duration Income ETF
4.57%4.57%4.44%0.64%
CGCB
Capital Group Core Bond ETF
4.07%3.99%0.95%0.00%

Drawdowns

CGSD vs. CGCB - Drawdown Comparison

The maximum CGSD drawdown since its inception was -1.75%, smaller than the maximum CGCB drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for CGSD and CGCB. For additional features, visit the drawdowns tool.


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Volatility

CGSD vs. CGCB - Volatility Comparison


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