CPLB vs. EUSB
CPLB (NYLI MacKay Core Plus Bond ETF) and EUSB (iShares ESG Advanced Total USD Bond Market ETF) are both Intermediate Core-Plus Bond funds. CPLB is actively managed, while EUSB is passively managed. Over the past 3 years, CPLB returned 5.64%/yr vs 4.30%/yr for EUSB. Their correlation of 0.85 suggests significant overlap in exposure. CPLB charges 0.30%/yr vs 0.12%/yr for EUSB.
Performance
CPLB vs. EUSB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CPLB achieves a 0.74% return, which is significantly higher than EUSB's 0.28% return.
CPLB
- 1D
- -0.19%
- 1M
- 0.53%
- YTD
- 0.74%
- 6M
- 0.85%
- 1Y
- 4.86%
- 3Y*
- 5.64%
- 5Y*
- —
- 10Y*
- —
EUSB
- 1D
- -0.18%
- 1M
- 0.64%
- YTD
- 0.28%
- 6M
- 0.49%
- 1Y
- 4.51%
- 3Y*
- 4.30%
- 5Y*
- 0.31%
- 10Y*
- —
CPLB vs. EUSB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CPLB NYLI MacKay Core Plus Bond ETF | 0.74% | 7.76% | 4.19% | 7.16% | -14.44% | 0.35% |
EUSB iShares ESG Advanced Total USD Bond Market ETF | 0.28% | 7.45% | 1.83% | 5.80% | -12.81% | 0.20% |
Correlation
The correlation between CPLB and EUSB is 0.89, 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 | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2021 | 0.85 |
The correlation between CPLB and EUSB has been stable across timeframes, ranging from 0.81 to 0.89 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CPLB vs. EUSB — Risk / Return Rank
CPLB
EUSB
CPLB vs. EUSB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NYLI MacKay Core Plus Bond ETF (CPLB) and iShares ESG Advanced Total USD Bond Market ETF (EUSB). 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.
| CPLB | EUSB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 1.83 | +0.05 |
| Martin ratioReturn relative to average drawdown | 5.46 | 5.20 | +0.25 |
Loading charts...
Drawdowns
CPLB vs. EUSB - Drawdown Comparison
The maximum CPLB drawdown since its inception was -18.96%, which is greater than EUSB's maximum drawdown of -17.87%. Use the drawdown chart below to compare losses from any high point for CPLB and EUSB.
Loading charts...
Drawdown Indicators
| CPLB | EUSB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.96% | -17.87% | -1.09% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | -2.48% | -0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -5.90% | -5.76% | -0.14% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.45% | — |
Current DrawdownCurrent decline from peak | -1.19% | -1.22% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -7.02% | -6.45% | -0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 0.87% | +0.02% |
Volatility
CPLB vs. EUSB - Volatility Comparison
NYLI MacKay Core Plus Bond ETF (CPLB) and iShares ESG Advanced Total USD Bond Market ETF (EUSB) have volatilities of 0.99% and 0.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CPLB | EUSB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 0.99% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 2.80% | 2.58% | +0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.70% | 3.50% | +0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.03% | 5.78% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.03% | 5.40% | -0.37% |
CPLB vs. EUSB - Expense Ratio Comparison
CPLB has a 0.30% expense ratio, which is higher than EUSB's 0.12% expense ratio.
Dividends
CPLB vs. EUSB - Dividend Comparison
CPLB's dividend yield for the trailing twelve months is around 5.49%, more than EUSB's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CPLB NYLI MacKay Core Plus Bond ETF | 5.49% | 5.46% | 5.40% | 4.82% | 3.17% | 0.95% | 0.00% |
EUSB iShares ESG Advanced Total USD Bond Market ETF | 3.96% | 3.84% | 3.67% | 3.08% | 2.21% | 1.10% | 0.57% |
Frequently Asked Questions
CPLB and EUSB have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EUSB has higher volatility (0.99%) compared to CPLB (0.99%). In terms of maximum drawdown, CPLB dropped -18.96% vs EUSB's -17.87%.
On 3-year performance, CPLB leads with 5.64% vs 4.30% for EUSB. On fees, EUSB is cheaper at 0.12% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, CPLB has performed better with a 5.64% return vs 4.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EUSB is cheaper with a 0.12% expense ratio, compared with 0.30% for CPLB.
CPLB has the higher dividend yield at 5.49%, compared with 3.96% for EUSB.
They also come from different issuers: NYLI and iShares. Their fees differ too: 0.30% for CPLB and 0.12% for EUSB.
CPLB currently has the higher Sharpe Ratio (1.32 vs 1.29), 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.
Find the right allocation for CPLB and EUSB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer