CGUS vs. CGMS

Last updated Apr 1, 2026

Compare and contrast key facts about Capital Group Core Equity ETF (CGUS) and Capital Group U.S. Multi-Sector Income ETF (CGMS).

CGUS and CGMS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGUS is an actively managed fund by Capital Group. It was launched on Feb 22, 2022. CGMS is an actively managed fund by Capital Group. It was launched on Oct 25, 2022.

Performance

CGUS vs. CGMS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Core Equity ETF (CGUS) and Capital Group U.S. Multi-Sector Income ETF (CGMS). The values are adjusted to include any dividend payments, if applicable.

CGUS vs. CGMS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CGUS Capital Group Core Equity ETF	-4.27%	16.21%	24.89%	27.72%	3.21%
CGMS Capital Group U.S. Multi-Sector Income ETF	-0.24%	7.52%	7.24%	11.51%	2.61%

Returns By Period

In the year-to-date period, CGUS achieves a -4.27% return, which is significantly lower than CGMS's -0.24% return.

CGUS

• 1D: 3.17%
• 1M: -5.56%
• YTD: -4.27%
• 6M: -2.35%
• 1Y: 16.18%
• 3Y*: 18.80%
• 5Y*: —
• 10Y*: —

CGMS

• 1D: 0.78%
• 1M: -1.23%
• YTD: -0.24%
• 6M: 0.95%
• 1Y: 5.78%
• 3Y*: 7.33%
• 5Y*: —
• 10Y*: —

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

CGUS vs. CGMS - Expense Ratio Comparison

CGUS has a 0.33% expense ratio, which is lower than CGMS's 0.39% expense ratio.

CGMS

Capital Group U.S. Multi-Sector Income ETF

CGUS

Capital Group Core Equity ETF

Return for Risk

CGUS vs. CGMS — Risk / Return Rank

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

CGUS

CGUS Risk / Return Rank: 59
CGUS Sharpe Ratio Rank: 53
CGUS Sortino Ratio Rank: 55
CGUS Omega Ratio Rank: 58
CGUS Calmar Ratio Rank: 63
CGUS Martin Ratio Rank: 67

CGMS

CGMS Risk / Return Rank: 72
CGMS Sharpe Ratio Rank: 75
CGMS Sortino Ratio Rank: 74
CGMS Omega Ratio Rank: 74
CGMS Calmar Ratio Rank: 65
CGMS Martin Ratio Rank: 71

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. CGMS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Equity ETF (CGUS) and Capital Group U.S. Multi-Sector Income ETF (CGMS). 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	CGMS	Difference
Sharpe ratio Return per unit of total volatility	0.91	1.31	-0.40
Sortino ratio Return per unit of downside risk	1.39	1.82	-0.43
Omega ratio Gain probability vs. loss probability	1.21	1.27	-0.06
Calmar ratio Return relative to maximum drawdown	1.52	1.58	-0.07
Martin ratio Return relative to average drawdown	6.49	6.94	-0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGUS vs. CGMS - Sharpe Ratio Comparison

The current CGUS Sharpe Ratio is 0.91, which is lower than the CGMS Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of CGUS and CGMS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CGUS	CGMS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	1.31	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	1.62	-0.85

Correlation

The correlation between CGUS and CGMS is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CGUS vs. CGMS - Dividend Comparison

CGUS's dividend yield for the trailing twelve months is around 1.00%, less than CGMS's 5.95% yield.

	TTM	2025	2024	2023	2022
CGUS Capital Group Core Equity ETF	1.00%	0.95%	1.02%	1.22%	1.10%
CGMS Capital Group U.S. Multi-Sector Income ETF	5.95%	6.00%	5.91%	5.84%	0.97%

Drawdowns

CGUS vs. CGMS - Drawdown Comparison

The maximum CGUS drawdown since its inception was -21.86%, which is greater than CGMS's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for CGUS and CGMS.

Drawdown Indicators

	CGUS	CGMS	Difference
Max Drawdown Largest peak-to-trough decline	-21.86%	-4.08%	-17.78%
Max Drawdown (1Y) Largest decline over 1 year	-11.11%	-3.65%	-7.46%
Current Drawdown Current decline from peak	-6.73%	-1.42%	-5.31%
Average Drawdown Average peak-to-trough decline	-4.81%	-0.69%	-4.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	0.83%	+1.76%

Volatility

CGUS vs. CGMS - Volatility Comparison

Capital Group Core Equity ETF (CGUS) has a higher volatility of 5.83% compared to Capital Group U.S. Multi-Sector Income ETF (CGMS) at 1.93%. This indicates that CGUS's price experiences larger fluctuations and is considered to be riskier than CGMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGUS	CGMS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.83%	1.93%	+3.90%
Volatility (6M) Calculated over the trailing 6-month period	9.93%	2.47%	+7.46%
Volatility (1Y) Calculated over the trailing 1-year period	17.88%	4.44%	+13.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.55%	5.19%	+11.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	5.19%	+11.36%