CPLS vs. CRXP

Last updated Jun 4, 2026

CPLS (AB Core Plus Bond ETF) and CRXP (Columbia Core Plus Bond ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. CPLS charges 0.33%/yr vs 0.22%/yr for CRXP.

Performance

CPLS vs. CRXP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Core Plus Bond ETF (CPLS) and Columbia Core Plus Bond ETF (CRXP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CPLS achieves a 0.36% return, which is significantly lower than CRXP's 0.84% return.

CPLS

• 1D: -0.17%
• 1M: 0.20%
• YTD: 0.36%
• 6M: 0.14%
• 1Y: 5.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRXP

• 1D: 0.00%
• 1M: 0.15%
• YTD: 0.84%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CPLS vs. CRXP - Yearly Performance Comparison

	2026 (YTD)	2025
CPLS AB Core Plus Bond ETF	0.36%	0.10%
CRXP Columbia Core Plus Bond ETF	0.84%	-0.08%

Correlation

The correlation between CPLS and CRXP is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025	0.83

Return for Risk

CPLS vs. CRXP — Risk / Return Rank

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

CPLS

CPLS Risk / Return Rank: 40
CPLS Sharpe Ratio Rank: 38
CPLS Sortino Ratio Rank: 40
CPLS Omega Ratio Rank: 37
CPLS Calmar Ratio Rank: 43
CPLS Martin Ratio Rank: 42

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.

CPLS vs. CRXP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Core Plus Bond ETF (CPLS) and Columbia Core Plus Bond ETF (CRXP). 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.

	CPLS	CRXP	Difference
Sharpe ratio Return per unit of total volatility	1.35	—	—
Sortino ratio Return per unit of downside risk	2.04	—	—
Omega ratio Gain probability vs. loss probability	1.24	—	—
Calmar ratio Return relative to maximum drawdown	2.11	—	—
Martin ratio Return relative to average drawdown	6.61	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CPLS	CRXP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.42	+0.44

Drawdowns

CPLS vs. CRXP - Drawdown Comparison

The maximum CPLS drawdown since its inception was -4.43%, which is greater than CRXP's maximum drawdown of -2.80%. Use the drawdown chart below to compare losses from any high point for CPLS and CRXP.

Drawdown Indicators

	CPLS	CRXP	Difference
Max Drawdown Largest peak-to-trough decline	-4.43%	-2.80%	-1.63%
Max Drawdown (1Y) Largest decline over 1 year	-2.47%	—	—
Current Drawdown Current decline from peak	-1.20%	-1.31%	+0.11%
Average Drawdown Average peak-to-trough decline	-1.24%	-0.91%	-0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.79%	—	—

Volatility

Volatility by Period

	CPLS	CRXP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.87%	3.96%	-0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.82%	3.96%	+0.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.82%	3.96%	+0.86%

CPLS vs. CRXP - Expense Ratio Comparison

CPLS has a 0.33% expense ratio, which is higher than CRXP's 0.22% expense ratio.

Dividends

CPLS vs. CRXP - Dividend Comparison

CPLS's dividend yield for the trailing twelve months is around 4.62%, more than CRXP's 2.08% yield.

Position	TTM	2025	2024	2023
CPLS AB Core Plus Bond ETF	4.62%	4.66%	4.71%	0.23%
CRXP Columbia Core Plus Bond ETF	2.08%	0.17%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CPLS and CRXP in my portfolio?

CPLS and CRXP have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CPLS or CRXP?

On fees, CRXP is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CPLS or CRXP?

CRXP is cheaper with a 0.22% expense ratio, compared with 0.33% for CPLS.

Which ETF pays a higher dividend yield, CPLS or CRXP?

CPLS has the higher dividend yield at 4.62%, compared with 2.08% for CRXP.

What is the main difference between CPLS and CRXP?

They also come from different issuers: AllianceBernstein and Columbia Threadneedle. Their fees differ too: 0.33% for CPLS and 0.22% for CRXP.