CGSD vs. VOO
Compare and contrast key facts about Capital Group Short Duration Income ETF (CGSD) and Vanguard S&P 500 ETF (VOO).
CGSD and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGSD is an actively managed fund by Capital Group. It was launched on Oct 25, 2022. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGSD or VOO.
Key characteristics
| CGSD | VOO | |
|---|---|---|
| YTD Return | 4.59% | 26.94% |
| 1Y Return | 6.49% | 35.06% |
| Sharpe Ratio | 3.15 | 3.08 |
| Sortino Ratio | 4.98 | 4.09 |
| Omega Ratio | 1.66 | 1.58 |
| Calmar Ratio | 7.76 | 4.46 |
| Martin Ratio | 22.40 | 20.36 |
| Ulcer Index | 0.31% | 1.85% |
| Daily Std Dev | 2.22% | 12.23% |
| Max Drawdown | -1.75% | -33.99% |
| Current Drawdown | -0.67% | -0.25% |
Correlation
The correlation between CGSD and VOO is 0.13, 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. VOO - Performance Comparison
In the year-to-date period, CGSD achieves a 4.59% return, which is significantly lower than VOO's 26.94% 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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CGSD vs. VOO - Expense Ratio Comparison
CGSD has a 0.25% expense ratio, which is higher than VOO's 0.03% expense ratio. However, 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. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Short Duration Income ETF (CGSD) and Vanguard S&P 500 ETF (VOO). 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
CGSD vs. VOO - Dividend Comparison
CGSD's dividend yield for the trailing twelve months is around 4.60%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGSD Capital Group Short Duration Income ETF | 4.60% | 4.44% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
CGSD vs. VOO - Drawdown Comparison
The maximum CGSD drawdown since its inception was -1.75%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CGSD and VOO. For additional features, visit the drawdowns tool.
Volatility
CGSD vs. VOO - Volatility Comparison
The current volatility for Capital Group Short Duration Income ETF (CGSD) is 0.48%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.78%. This indicates that CGSD experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.