CGUS vs. CGCB

Last updated Aug 4, 2026

CGUS (Capital Group Core Equity ETF) and CGCB (Capital Group Core Bond ETF) are both exchange-traded funds - CGUS is a Large Cap Blend Equities fund actively managed by Capital Group, while CGCB is a Intermediate Core Bond fund actively managed by Capital Group. Both are actively managed. Over the past year, CGUS returned 22.06% vs 2.10% for CGCB. Their 0.21 correlation means their historical movements had little consistent relationship. CGUS charges 0.33%/yr vs 0.27%/yr for CGCB.

Performance

CGUS vs. CGCB - Performance Comparison

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

Returns By Period

In the year-to-date period, CGUS achieves a 13.18% return, which is significantly higher than CGCB's -0.39% return.

CGUS

• 1D: 1.45%
• 1M: 2.67%
• 6M: 10.76%
• YTD: 13.18%
• 1Y: 22.06%
• 3Y*: 21.59%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.87%

CGCB

• 1D: 0.23%
• 1M: -0.97%
• 6M: -0.50%
• YTD: -0.39%
• 1Y: 2.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.44%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CGCB Capital Group Core Bond ETF	$28.51M	$28.37M	$29.90M
CGUS Capital Group Core Equity ETF	$56.62M	$48.62M	$48.21M

CGUS vs. CGCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CGUS Capital Group Core Equity ETF	13.18%	16.21%	24.89%	13.44%
CGCB Capital Group Core Bond ETF	-0.39%	7.29%	1.44%	7.25%

Correlation

The correlation between CGUS and CGCB is 0.34, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.34
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023	0.21

The correlation between CGUS and CGCB shifts across timeframes, from 0.21 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CGUS vs. CGCB — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CGUS

CGUS Risk / Return Rank: 70
CGUS Sharpe Ratio Rank: 71
CGUS Sortino Ratio Rank: 69
CGUS Omega Ratio Rank: 69
CGUS Calmar Ratio Rank: 64
CGUS Martin Ratio Rank: 78

CGCB

CGCB Risk / Return Rank: 23
CGCB Sharpe Ratio Rank: 25
CGCB Sortino Ratio Rank: 22
CGCB Omega Ratio Rank: 21
CGCB Calmar Ratio Rank: 23
CGCB Martin Ratio Rank: 23

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CGUS vs. CGCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Equity ETF (CGUS) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CGUS	CGCB	Difference
Sharpe ratio: Return per unit of total volatility	1.66	0.56	+1.10
Sortino ratio: Return per unit of downside risk	2.31	0.82	+1.50
Omega ratio: Gain probability vs. loss probability	1.30	1.10	+0.20
Calmar ratio: Return relative to maximum drawdown	2.31	0.71	+1.60
Martin ratio: Return relative to average drawdown	10.37	1.75	+8.63

CGUS vs. CGCB - Sharpe Ratio Comparison

The current CGUS Sharpe Ratio is 1.66, which is higher than the CGCB Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of CGUS and CGCB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CGUS vs. CGCB - Drawdown Comparison

The maximum CGUS drawdown since its inception was -21.86%, which is greater than CGCB's maximum drawdown of -5.17%. Use the drawdown chart below to compare losses from any high point for CGUS and CGCB.

Drawdown Indicators

	CGUS	CGCB	Difference
Max Drawdown Largest peak-to-trough decline	-21.86%	-5.17%	-16.69%
Max Drawdown (1Y) Largest decline over 1 year	-9.59%	-2.98%	-6.61%
Max Drawdown (3Y) Largest decline over 3 years	-18.06%	—	—
Current Drawdown Current decline from peak	0.00%	-2.25%	+2.25%
Average Drawdown Average peak-to-trough decline	-4.52%	-1.37%	-3.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	1.21%	+0.92%

Volatility

CGUS vs. CGCB - Volatility Comparison

Capital Group Core Equity ETF (CGUS) has a higher volatility of 3.89% compared to Capital Group Core Bond ETF (CGCB) at 1.08%. This indicates that CGUS's price experiences larger fluctuations and is considered to be riskier than CGCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGUS	CGCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	1.08%	+2.81%
Volatility (6M) Calculated over the trailing 6-month period	10.63%	3.05%	+7.58%
Volatility (1Y) Calculated over the trailing 1-year period	13.35%	3.76%	+9.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.43%	5.32%	+11.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.43%	5.32%	+11.11%

CGUS vs. CGCB - Expense Ratio Comparison

CGUS has a 0.33% expense ratio, which is higher than CGCB's 0.27% expense ratio.

Dividends

CGUS vs. CGCB - Dividend Comparison

CGUS's dividend yield for the trailing twelve months is around 0.82%, less than CGCB's 4.29% yield.

Position	TTM	2025	2024	2023	2022
CGCB Capital Group Core Bond ETF	4.29%	4.22%	3.99%	0.95%	0.00%
CGUS Capital Group Core Equity ETF	0.82%	0.95%	1.02%	1.22%	1.10%

Frequently Asked Questions

Can I hold both CGUS and CGCB in my portfolio?

CGUS and CGCB have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGUS or CGCB?

CGUS has higher volatility (3.89%) compared to CGCB (1.08%). In terms of maximum drawdown, CGUS dropped -21.86% vs CGCB's -5.17%.

Which ETF is better, CGUS or CGCB?

On 1-year performance, CGUS leads with 22.06% vs 2.10% for CGCB. On fees, CGCB is cheaper at 0.27% per year. On volatility, CGCB has been the lower-risk option at 1.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGUS or CGCB?

Over the 1-year period, CGUS has performed better with a 22.06% return vs 2.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGUS or CGCB?

CGCB is cheaper with a 0.27% expense ratio, compared with 0.33% for CGUS.

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

CGCB has the higher dividend yield at 4.29%, compared with 0.82% for CGUS.

What is the main difference between CGUS and CGCB?

CGUS is categorized as Large Cap Blend Equities, while CGCB is Intermediate Core Bond. Their fees differ too: 0.33% for CGUS and 0.27% for CGCB.

Which has better risk-adjusted returns?

CGUS currently has the higher Sharpe Ratio (1.66 vs 0.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.