CIBFX vs. VWENX

Last updated Jun 25, 2026

CIBFX (American Funds Capital Income Builder Fund Class F-1) and VWENX (Vanguard Wellington Fund Admiral Shares) are both mutual funds - CIBFX is a Global Allocation fund actively managed by American Funds, while VWENX is a Diversified Portfolio fund actively managed by Vanguard. Both are actively managed. Over the past 10 years, CIBFX returned 8.11%/yr vs 10.30%/yr for VWENX. Their correlation of 0.87 suggests significant overlap in exposure. CIBFX charges 0.64%/yr vs 0.16%/yr for VWENX.

Performance

CIBFX vs. VWENX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Capital Income Builder Fund Class F-1 (CIBFX) and Vanguard Wellington Fund Admiral Shares (VWENX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CIBFX achieves a 7.26% return, which is significantly higher than VWENX's 5.13% return. Over the past 10 years, CIBFX has underperformed VWENX with an annualized return of 8.11%, while VWENX has yielded a comparatively higher 10.30% annualized return.

CIBFX

• 1D: -0.18%
• 1M: -0.06%
• YTD: 7.26%
• 6M: 6.91%
• 1Y: 16.28%
• 3Y*: 14.87%
• 5Y*: 8.47%
• 10Y*: 8.11%

VWENX

• 1D: -0.95%
• 1M: -0.57%
• YTD: 5.13%
• 6M: 4.26%
• 1Y: 16.51%
• 3Y*: 14.79%
• 5Y*: 8.43%
• 10Y*: 10.30%

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

CIBFX vs. VWENX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CIBFX American Funds Capital Income Builder Fund Class F-1	7.26%	20.29%	10.16%	8.90%	-7.21%	14.95%	3.14%	17.16%	-7.10%	13.88%
VWENX Vanguard Wellington Fund Admiral Shares	5.13%	16.63%	14.82%	14.40%	-14.31%	19.09%	10.66%	22.61%	-3.35%	14.05%

Correlation

The correlation between CIBFX and VWENX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since May 14, 2001	0.87

The correlation between CIBFX and VWENX shifts across timeframes, from 0.75 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CIBFX vs. VWENX — Risk / Return Rank

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

CIBFX

CIBFX Risk / Return Rank: 62
CIBFX Sharpe Ratio Rank: 66
CIBFX Sortino Ratio Rank: 66
CIBFX Omega Ratio Rank: 65
CIBFX Calmar Ratio Rank: 57
CIBFX Martin Ratio Rank: 58

VWENX

VWENX Risk / Return Rank: 53
VWENX Sharpe Ratio Rank: 52
VWENX Sortino Ratio Rank: 49
VWENX Omega Ratio Rank: 51
VWENX Calmar Ratio Rank: 51
VWENX Martin Ratio Rank: 63

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.

CIBFX vs. VWENX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Capital Income Builder Fund Class F-1 (CIBFX) and Vanguard Wellington Fund Admiral Shares (VWENX). 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.

	CIBFX	VWENX	Difference
Sharpe ratio: Return per unit of total volatility	2.09	1.96	+0.13
Sortino ratio: Return per unit of downside risk	2.97	2.73	+0.24
Omega ratio: Gain probability vs. loss probability	1.39	1.36	+0.03
Calmar ratio: Return relative to maximum drawdown	2.65	2.60	+0.05
Martin ratio: Return relative to average drawdown	10.49	11.66	-1.17

CIBFX vs. VWENX - Sharpe Ratio Comparison

The current CIBFX Sharpe Ratio is 2.09, which is comparable to the VWENX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of CIBFX and VWENX, 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

CIBFX vs. VWENX - Drawdown Comparison

The maximum CIBFX drawdown since its inception was -43.26%, which is greater than VWENX's maximum drawdown of -36.02%. Use the drawdown chart below to compare losses from any high point for CIBFX and VWENX.

Drawdown Indicators

	CIBFX	VWENX	Difference
Max Drawdown Largest peak-to-trough decline	-43.26%	-36.02%	-7.24%
Max Drawdown (1Y) Largest decline over 1 year	-6.49%	-6.77%	+0.28%
Max Drawdown (3Y) Largest decline over 3 years	-8.89%	-11.98%	+3.09%
Max Drawdown (5Y) Largest decline over 5 years	-17.68%	-20.84%	+3.16%
Max Drawdown (10Y) Largest decline over 10 years	-25.28%	-25.33%	+0.05%
Current Drawdown Current decline from peak	-0.85%	-1.90%	+1.05%
Average Drawdown Average peak-to-trough decline	-4.70%	-4.35%	-0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	1.51%	+0.13%

Volatility

CIBFX vs. VWENX - Volatility Comparison

The current volatility for American Funds Capital Income Builder Fund Class F-1 (CIBFX) is 2.48%, while Vanguard Wellington Fund Admiral Shares (VWENX) has a volatility of 3.71%. This indicates that CIBFX experiences smaller price fluctuations and is considered to be less risky than VWENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIBFX	VWENX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.48%	3.71%	-1.23%
Volatility (6M) Calculated over the trailing 6-month period	6.62%	7.38%	-0.76%
Volatility (1Y) Calculated over the trailing 1-year period	8.24%	9.02%	-0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.01%	11.23%	-1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.80%	11.55%	-0.75%

CIBFX vs. VWENX - Expense Ratio Comparison

CIBFX has a 0.64% expense ratio, which is higher than VWENX's 0.16% expense ratio.

Dividends

CIBFX vs. VWENX - Dividend Comparison

CIBFX's dividend yield for the trailing twelve months is around 7.25%, less than VWENX's 11.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIBFX American Funds Capital Income Builder Fund Class F-1	7.25%	7.65%	5.69%	3.41%	3.37%	3.08%	3.34%	4.04%	3.72%	4.37%	3.46%	3.56%
VWENX Vanguard Wellington Fund Admiral Shares	11.09%	11.55%	10.85%	6.08%	8.28%	8.72%	7.85%	4.74%	9.58%	5.88%	4.53%	6.58%

Frequently Asked Questions

Can I hold both CIBFX and VWENX in my portfolio?

CIBFX and VWENX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CIBFX or VWENX?

VWENX has higher volatility (3.71%) compared to CIBFX (2.48%). In terms of maximum drawdown, CIBFX dropped -43.26% vs VWENX's -36.02%.

Which has better risk-adjusted returns?

CIBFX currently has the higher Sharpe Ratio (2.09 vs 1.96), 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.