CRXP vs. CPLS

Last updated Jul 12, 2026

CRXP (Columbia Core Plus Bond ETF) and CPLS (AB Core Plus Bond ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. CRXP charges 0.22%/yr vs 0.33%/yr for CPLS.

Performance

CRXP vs. CPLS - Performance Comparison

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

Returns By Period

In the year-to-date period, CRXP achieves a 0.72% return, which is significantly higher than CPLS's 0.14% return.

CRXP

• 1D: 0.04%
• 1M: -0.27%
• 6M: 0.19%
• YTD: 0.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CPLS

• 1D: -0.09%
• 1M: -0.42%
• 6M: -0.14%
• YTD: 0.14%
• 1Y: 3.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRXP vs. CPLS - Yearly Performance Comparison

	2026 (YTD)	2025
CRXP Columbia Core Plus Bond ETF	0.72%	-0.22%
CPLS AB Core Plus Bond ETF	0.14%	-0.01%

Correlation

The correlation between CRXP and CPLS is 0.82, 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 11, 2025	0.82

Return for Risk

CRXP vs. CPLS — Risk / Return Rank

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

CRXP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

CPLS

CPLS Risk / Return Rank: 30
CPLS Sharpe Ratio Rank: 29
CPLS Sortino Ratio Rank: 28
CPLS Omega Ratio Rank: 26
CPLS Calmar Ratio Rank: 33
CPLS Martin Ratio Rank: 33

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.

CRXP vs. CPLS - Risk-Adjusted Trends Comparison

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

	CRXP	CPLS	Difference
Sharpe ratio: Return per unit of total volatility	—	0.86	—
Sortino ratio: Return per unit of downside risk	—	1.29	—
Omega ratio: Gain probability vs. loss probability	—	1.15	—
Calmar ratio: Return relative to maximum drawdown	—	1.33	—
Martin ratio: Return relative to average drawdown	—	3.91	—

Drawdowns

CRXP vs. CPLS - Drawdown Comparison

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

Drawdown Indicators

	CRXP	CPLS	Difference
Max Drawdown Largest peak-to-trough decline	-2.80%	-4.43%	+1.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.47%	—
Current Drawdown Current decline from peak	-1.42%	-1.42%	0.00%
Average Drawdown Average peak-to-trough decline	-0.96%	-1.23%	+0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.85%	—

Volatility

Volatility by Period

	CRXP	CPLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.81%	3.83%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.81%	4.82%	-1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.81%	4.82%	-1.01%

CRXP vs. CPLS - Expense Ratio Comparison

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

Dividends

CRXP vs. CPLS - Dividend Comparison

CRXP's dividend yield for the trailing twelve months is around 2.51%, less than CPLS's 4.63% yield.

Position	TTM	2025	2024	2023
CPLS AB Core Plus Bond ETF	4.63%	4.66%	4.71%	0.23%
CRXP Columbia Core Plus Bond ETF	2.51%	0.17%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRXP and CPLS in my portfolio?

CRXP and CPLS have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRXP or CPLS?

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, CRXP or CPLS?

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

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

CPLS has the higher dividend yield at 4.63%, compared with 2.51% for CRXP.

What is the main difference between CRXP and CPLS?

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