HCMPX vs. CGBL

Last updated Jun 3, 2026

HCMPX (HCM Dividend Sector Plus Fund) and CGBL (Capital Group Core Balanced ETF) are both funds - HCMPX is a Large Cap Value Equities fund managed by Howard Capital Management, while CGBL is a Diversified Portfolio fund actively managed by Capital Group. Over the past year, HCMPX returned 30.87% vs 19.85% for CGBL. Their correlation of 0.88 suggests significant overlap in exposure. HCMPX charges 2.38%/yr vs 0.33%/yr for CGBL.

Performance

HCMPX vs. CGBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HCM Dividend Sector Plus Fund (HCMPX) and Capital Group Core Balanced ETF (CGBL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HCMPX achieves a 7.39% return, which is significantly lower than CGBL's 8.10% return.

HCMPX

• 1D: 0.36%
• 1M: 6.41%
• YTD: 7.39%
• 6M: 7.11%
• 1Y: 30.87%
• 3Y*: 24.73%
• 5Y*: 13.60%
• 10Y*: 15.21%

CGBL

• 1D: 0.42%
• 1M: 3.74%
• YTD: 8.10%
• 6M: 9.35%
• 1Y: 19.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HCMPX vs. CGBL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HCMPX HCM Dividend Sector Plus Fund	7.39%	15.92%	43.56%	9.04%
CGBL Capital Group Core Balanced ETF	8.10%	15.33%	16.64%	9.80%

Correlation

The correlation between HCMPX and CGBL 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 (All Time) Calculated using the full available price history since Sep 29, 2023	0.88

The correlation between HCMPX and CGBL has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

Return for Risk

HCMPX vs. CGBL — Risk / Return Rank

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

HCMPX

HCMPX Risk / Return Rank: 45
HCMPX Sharpe Ratio Rank: 41
HCMPX Sortino Ratio Rank: 34
HCMPX Omega Ratio Rank: 39
HCMPX Calmar Ratio Rank: 62
HCMPX Martin Ratio Rank: 48

CGBL

CGBL Risk / Return Rank: 61
CGBL Sharpe Ratio Rank: 61
CGBL Sortino Ratio Rank: 64
CGBL Omega Ratio Rank: 62
CGBL Calmar Ratio Rank: 52
CGBL 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.

HCMPX vs. CGBL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HCM Dividend Sector Plus Fund (HCMPX) and Capital Group Core Balanced ETF (CGBL). 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.

	HCMPX	CGBL	Difference
Sharpe ratio Return per unit of total volatility	1.90	2.08	-0.18
Sortino ratio Return per unit of downside risk	2.46	3.00	-0.54
Omega ratio Gain probability vs. loss probability	1.34	1.38	-0.05
Calmar ratio Return relative to maximum drawdown	3.04	2.60	+0.45
Martin ratio Return relative to average drawdown	10.12	11.57	-1.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HCMPX vs. CGBL - Sharpe Ratio Comparison

The current HCMPX Sharpe Ratio is 1.90, which is comparable to the CGBL Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of HCMPX and CGBL, 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

	HCMPX	CGBL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.90	2.08	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	1.75	-1.04

Drawdowns

HCMPX vs. CGBL - Drawdown Comparison

The maximum HCMPX drawdown since its inception was -28.88%, which is greater than CGBL's maximum drawdown of -11.66%. Use the drawdown chart below to compare losses from any high point for HCMPX and CGBL.

Drawdown Indicators

	HCMPX	CGBL	Difference
Max Drawdown Largest peak-to-trough decline	-28.88%	-11.66%	-17.22%
Max Drawdown (1Y) Largest decline over 1 year	-10.42%	-7.88%	-2.54%
Max Drawdown (3Y) Largest decline over 3 years	-18.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.86%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.88%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.97%	-1.29%	-6.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	1.77%	+1.37%

Volatility

HCMPX vs. CGBL - Volatility Comparison

HCM Dividend Sector Plus Fund (HCMPX) has a higher volatility of 3.62% compared to Capital Group Core Balanced ETF (CGBL) at 3.12%. This indicates that HCMPX's price experiences larger fluctuations and is considered to be riskier than CGBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HCMPX	CGBL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	3.12%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	11.32%	7.85%	+3.47%
Volatility (1Y) Calculated over the trailing 1-year period	16.85%	9.59%	+7.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.48%	11.03%	+8.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.16%	11.03%	+9.13%

HCMPX vs. CGBL - Expense Ratio Comparison

HCMPX has a 2.38% expense ratio, which is higher than CGBL's 0.33% expense ratio.

Dividends

HCMPX vs. CGBL - Dividend Comparison

HCMPX's dividend yield for the trailing twelve months is around 0.40%, less than CGBL's 1.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGBL Capital Group Core Balanced ETF	1.84%	1.98%	1.92%	0.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HCMPX HCM Dividend Sector Plus Fund	0.40%	0.43%	29.52%	5.15%	8.57%	0.00%	0.00%	0.15%	12.87%	8.64%	4.18%	2.18%

Frequently Asked Questions

Can I hold both HCMPX and CGBL in my portfolio?

HCMPX and CGBL 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.

Which is riskier, HCMPX or CGBL?

HCMPX has higher volatility (3.62%) compared to CGBL (3.12%). In terms of maximum drawdown, HCMPX dropped -28.88% vs CGBL's -11.66%.

Which has better risk-adjusted returns?

CGBL currently has the higher Sharpe Ratio (2.08 vs 1.90), 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.