CGUS vs. AFOS

Last updated Jun 4, 2026

CGUS (Capital Group Core Equity ETF) and AFOS (ARS Focused Opportunities Strategy ETF) are both Large Cap Blend Equities funds. Their correlation of 0.84 suggests significant overlap in exposure. CGUS charges 0.33%/yr vs 0.45%/yr for AFOS.

Performance

CGUS vs. AFOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Core Equity ETF (CGUS) and ARS Focused Opportunities Strategy ETF (AFOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGUS achieves a 9.93% return, which is significantly lower than AFOS's 32.04% return.

CGUS

• 1D: -0.74%
• 1M: 3.74%
• YTD: 9.93%
• 6M: 10.08%
• 1Y: 25.53%
• 3Y*: 22.34%
• 5Y*: —
• 10Y*: —

AFOS

• 1D: -0.29%
• 1M: 8.94%
• YTD: 32.04%
• 6M: 37.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CGUS vs. AFOS - Yearly Performance Comparison

	2026 (YTD)	2025
CGUS Capital Group Core Equity ETF	9.93%	10.48%
AFOS ARS Focused Opportunities Strategy ETF	32.04%	36.15%

Correlation

The correlation between CGUS and AFOS is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025	0.84

Return for Risk

CGUS vs. AFOS — Risk / Return Rank

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

CGUS

CGUS Risk / Return Rank: 60
CGUS Sharpe Ratio Rank: 61
CGUS Sortino Ratio Rank: 59
CGUS Omega Ratio Rank: 61
CGUS Calmar Ratio Rank: 53
CGUS Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CGUS vs. AFOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Equity ETF (CGUS) and ARS Focused Opportunities Strategy ETF (AFOS). 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.

	CGUS	AFOS	Difference
Sharpe ratio: Return per unit of total volatility	2.08	—	—
Sortino ratio: Return per unit of downside risk	2.83	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	2.67	—	—
Martin ratio: Return relative to average drawdown	12.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CGUS	AFOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	4.35	-3.37

Drawdowns

CGUS vs. AFOS - Drawdown Comparison

The maximum CGUS drawdown since its inception was -21.86%, which is greater than AFOS's maximum drawdown of -11.52%. Use the drawdown chart below to compare losses from any high point for CGUS and AFOS.

Drawdown Indicators

	CGUS	AFOS	Difference
Max Drawdown Largest peak-to-trough decline	-21.86%	-11.52%	-10.34%
Max Drawdown (1Y) Largest decline over 1 year	-9.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.06%	—	—
Current Drawdown Current decline from peak	-0.74%	-0.29%	-0.45%
Average Drawdown Average peak-to-trough decline	-4.65%	-1.37%	-3.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	—	—

Volatility

Volatility by Period

	CGUS	AFOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.33%	20.19%	-7.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.38%	20.19%	-3.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.38%	20.19%	-3.81%

CGUS vs. AFOS - Expense Ratio Comparison

CGUS has a 0.33% expense ratio, which is lower than AFOS's 0.45% expense ratio.

Dividends

CGUS vs. AFOS - Dividend Comparison

CGUS's dividend yield for the trailing twelve months is around 0.87%, more than AFOS's 0.22% yield.

Position	TTM	2025	2024	2023	2022
AFOS ARS Focused Opportunities Strategy ETF	0.22%	0.30%	0.00%	0.00%	0.00%
CGUS Capital Group Core Equity ETF	0.87%	0.95%	1.02%	1.22%	1.10%

Frequently Asked Questions

Can I hold both CGUS and AFOS in my portfolio?

CGUS and AFOS have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CGUS or AFOS?

On fees, CGUS is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGUS or AFOS?

CGUS is cheaper with a 0.33% expense ratio, compared with 0.45% for AFOS.

Which ETF pays a higher dividend yield, CGUS or AFOS?

CGUS has the higher dividend yield at 0.87%, compared with 0.22% for AFOS.

What is the main difference between CGUS and AFOS?

They also come from different issuers: Capital Group and ARS Investment Partners. Their fees differ too: 0.33% for CGUS and 0.45% for AFOS.