CGXU vs. BKIE

Last updated Jun 5, 2026

CGXU (Capital Group International Focus Equity ETF) and BKIE (BNY Mellon International Equity ETF) are both Foreign Large Cap Equities funds. CGXU is actively managed, while BKIE is passively managed. Over the past 3 years, CGXU returned 18.09%/yr vs 17.90%/yr for BKIE. Their correlation of 0.91 suggests significant overlap in exposure. CGXU charges 0.54%/yr vs 0.04%/yr for BKIE.

Performance

CGXU vs. BKIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group International Focus Equity ETF (CGXU) and BNY Mellon International Equity ETF (BKIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGXU achieves a 19.70% return, which is significantly higher than BKIE's 9.30% return.

CGXU

• 1D: -0.17%
• 1M: 8.73%
• YTD: 19.70%
• 6M: 21.93%
• 1Y: 40.11%
• 3Y*: 18.09%
• 5Y*: —
• 10Y*: —

BKIE

• 1D: 0.78%
• 1M: 2.61%
• YTD: 9.30%
• 6M: 11.55%
• 1Y: 23.04%
• 3Y*: 17.90%
• 5Y*: 9.22%
• 10Y*: —

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

CGXU vs. BKIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CGXU Capital Group International Focus Equity ETF	19.70%	26.31%	4.36%	15.75%	-14.34%
BKIE BNY Mellon International Equity ETF	9.30%	32.08%	4.63%	18.25%	-6.74%

Correlation

The correlation between CGXU and BKIE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022	0.91

The correlation between CGXU and BKIE has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.

CGXU vs. BKIE - Sectors Allocation Comparison

Sectors	CGXU	BKIE
Technology	21.6%	10.1%
Industrials	15.4%	18.6%
Financial Services	13.9%	25.8%
Basic Materials	11.0%	7.2%
Communication Services	10.5%	4.2%
Energy	7.5%	5.9%
Consumer Cyclical	6.6%	7.3%
Consumer Defensive	6.2%	6.2%
Healthcare	4.7%	9.1%
Utilities	2.5%	3.7%
Real Estate	-	2.0%

Return for Risk

CGXU vs. BKIE — Risk / Return Rank

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

CGXU

CGXU Risk / Return Rank: 62
CGXU Sharpe Ratio Rank: 62
CGXU Sortino Ratio Rank: 60
CGXU Omega Ratio Rank: 60
CGXU Calmar Ratio Rank: 63
CGXU Martin Ratio Rank: 64

BKIE

BKIE Risk / Return Rank: 45
BKIE Sharpe Ratio Rank: 46
BKIE Sortino Ratio Rank: 46
BKIE Omega Ratio Rank: 45
BKIE Calmar Ratio Rank: 41
BKIE Martin Ratio Rank: 48

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.

CGXU vs. BKIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group International Focus Equity ETF (CGXU) and BNY Mellon International Equity ETF (BKIE). 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.

	CGXU	BKIE	Difference
Sharpe ratio: Return per unit of total volatility	2.03	1.59	+0.45
Sortino ratio: Return per unit of downside risk	2.79	2.26	+0.53
Omega ratio: Gain probability vs. loss probability	1.36	1.28	+0.08
Calmar ratio: Return relative to maximum drawdown	3.07	2.03	+1.04
Martin ratio: Return relative to average drawdown	11.42	7.83	+3.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGXU vs. BKIE - Sharpe Ratio Comparison

The current CGXU Sharpe Ratio is 2.03, which is comparable to the BKIE Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of CGXU and BKIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CGXU	BKIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	1.59	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.92	-0.37

Drawdowns

CGXU vs. BKIE - Drawdown Comparison

The maximum CGXU drawdown since its inception was -25.64%, smaller than the maximum BKIE drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for CGXU and BKIE.

Drawdown Indicators

	CGXU	BKIE	Difference
Max Drawdown Largest peak-to-trough decline	-25.64%	-28.19%	+2.55%
Max Drawdown (1Y) Largest decline over 1 year	-13.14%	-11.41%	-1.73%
Max Drawdown (3Y) Largest decline over 3 years	-21.63%	-13.19%	-8.44%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.19%	—
Current Drawdown Current decline from peak	-1.31%	-0.56%	-0.75%
Average Drawdown Average peak-to-trough decline	-6.65%	-4.98%	-1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	2.95%	+0.57%

Volatility

CGXU vs. BKIE - Volatility Comparison

Capital Group International Focus Equity ETF (CGXU) has a higher volatility of 7.26% compared to BNY Mellon International Equity ETF (BKIE) at 4.31%. This indicates that CGXU's price experiences larger fluctuations and is considered to be riskier than BKIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGXU	BKIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.26%	4.31%	+2.95%
Volatility (6M) Calculated over the trailing 6-month period	17.05%	12.19%	+4.86%
Volatility (1Y) Calculated over the trailing 1-year period	19.83%	14.58%	+5.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.92%	16.12%	+3.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.92%	16.33%	+3.59%

CGXU vs. BKIE - Expense Ratio Comparison

CGXU has a 0.54% expense ratio, which is higher than BKIE's 0.04% expense ratio.

Dividends

CGXU vs. BKIE - Dividend Comparison

CGXU's dividend yield for the trailing twelve months is around 4.43%, more than BKIE's 3.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	3.24%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%
CGXU Capital Group International Focus Equity ETF	4.43%	5.31%	1.01%	0.99%	0.95%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGXU and BKIE in my portfolio?

CGXU and BKIE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGXU or BKIE?

CGXU has higher volatility (7.26%) compared to BKIE (4.31%). In terms of maximum drawdown, CGXU dropped -25.64% vs BKIE's -28.19%.

Which ETF is better, CGXU or BKIE?

On 3-year performance, CGXU leads with 18.09% vs 17.90% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, BKIE has been the lower-risk option at 4.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGXU or BKIE?

Over the 3-year period, CGXU has performed better with a 18.09% return vs 17.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGXU or BKIE?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.54% for CGXU.

Which ETF pays a higher dividend yield, CGXU or BKIE?

CGXU has the higher dividend yield at 4.43%, compared with 3.24% for BKIE.

What is the main difference between CGXU and BKIE?

They also come from different issuers: Capital Group and BNY Mellon. Their fees differ too: 0.54% for CGXU and 0.04% for BKIE.

Which has better risk-adjusted returns?

CGXU currently has the higher Sharpe Ratio (2.03 vs 1.59), 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.