ITDB vs. CGMS

Last updated Jun 4, 2026

ITDB (Ishares Lifepath Target Date 2030 ETF) and CGMS (Capital Group U.S. Multi-Sector Income ETF) are both exchange-traded funds - ITDB is a Target Retirement Date fund actively managed by iShares, while CGMS is a Multisector Bonds fund actively managed by Capital Group. Both are actively managed. Over the past year, ITDB returned 16.69% vs 7.10% for CGMS. A 0.69 correlation means they provide meaningful diversification when combined. ITDB charges 0.09%/yr vs 0.39%/yr for CGMS.

Performance

ITDB vs. CGMS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2030 ETF (ITDB) and Capital Group U.S. Multi-Sector Income ETF (CGMS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITDB achieves a 6.33% return, which is significantly higher than CGMS's 1.54% return.

ITDB

• 1D: -0.47%
• 1M: 2.47%
• YTD: 6.33%
• 6M: 6.66%
• 1Y: 16.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CGMS

• 1D: -0.25%
• 1M: 0.56%
• YTD: 1.54%
• 6M: 1.68%
• 1Y: 7.10%
• 3Y*: 7.92%
• 5Y*: —
• 10Y*: —

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

ITDB vs. CGMS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDB Ishares Lifepath Target Date 2030 ETF	6.33%	14.58%	9.65%	11.73%
CGMS Capital Group U.S. Multi-Sector Income ETF	1.54%	7.52%	7.24%	9.73%

Correlation

The correlation between ITDB and CGMS is 0.72, 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	0.72
Correlation (All Time) Calculated using the full available price history since Oct 20, 2023	0.69

The correlation between ITDB and CGMS has been stable across timeframes, ranging from 0.69 to 0.72 - a consistent structural relationship.

ITDB vs. CGMS - Sectors Allocation Comparison

Sectors	ITDB	CGMS
Technology	26.0%	8.2%
Financial Services	14.9%	-
Industrials	12.3%	-
Consumer Cyclical	8.9%	-
Communication Services	8.0%	-
Healthcare	7.6%	-
Real Estate	5.4%	91.8%
Energy	4.6%	-
Consumer Defensive	4.6%	-
Basic Materials	3.9%	-
Utilities	3.8%	-

Return for Risk

ITDB vs. CGMS — Risk / Return Rank

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

ITDB

ITDB Risk / Return Rank: 68
ITDB Sharpe Ratio Rank: 70
ITDB Sortino Ratio Rank: 72
ITDB Omega Ratio Rank: 72
ITDB Calmar Ratio Rank: 59
ITDB Martin Ratio Rank: 70

CGMS

CGMS Risk / Return Rank: 63
CGMS Sharpe Ratio Rank: 60
CGMS Sortino Ratio Rank: 67
CGMS Omega Ratio Rank: 64
CGMS Calmar Ratio Rank: 57
CGMS Martin Ratio Rank: 69

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.

ITDB vs. CGMS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2030 ETF (ITDB) and Capital Group U.S. Multi-Sector Income ETF (CGMS). 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.

	ITDB	CGMS	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.08	+0.24
Sortino ratio: Return per unit of downside risk	3.31	3.14	+0.18
Omega ratio: Gain probability vs. loss probability	1.43	1.39	+0.04
Calmar ratio: Return relative to maximum drawdown	2.96	2.88	+0.08
Martin ratio: Return relative to average drawdown	13.03	12.89	+0.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITDB vs. CGMS - Sharpe Ratio Comparison

The current ITDB Sharpe Ratio is 2.32, which is comparable to the CGMS Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of ITDB and CGMS, 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

	ITDB	CGMS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	2.08	+0.24
Sharpe Ratio (All Time) Calculated using the full available price history	1.93	1.66	+0.27

Drawdowns

ITDB vs. CGMS - Drawdown Comparison

The maximum ITDB drawdown since its inception was -8.41%, which is greater than CGMS's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for ITDB and CGMS.

Drawdown Indicators

	ITDB	CGMS	Difference
Max Drawdown Largest peak-to-trough decline	-8.41%	-4.08%	-4.33%
Max Drawdown (1Y) Largest decline over 1 year	-5.66%	-2.47%	-3.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-4.08%	—
Current Drawdown Current decline from peak	-0.47%	-0.25%	-0.22%
Average Drawdown Average peak-to-trough decline	-0.94%	-0.67%	-0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.28%	0.55%	+0.73%

Volatility

ITDB vs. CGMS - Volatility Comparison

Ishares Lifepath Target Date 2030 ETF (ITDB) has a higher volatility of 2.51% compared to Capital Group U.S. Multi-Sector Income ETF (CGMS) at 1.15%. This indicates that ITDB's price experiences larger fluctuations and is considered to be riskier than CGMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITDB	CGMS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.51%	1.15%	+1.36%
Volatility (6M) Calculated over the trailing 6-month period	5.90%	2.66%	+3.24%
Volatility (1Y) Calculated over the trailing 1-year period	7.23%	3.43%	+3.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.61%	5.13%	+3.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.61%	5.13%	+3.48%

ITDB vs. CGMS - Expense Ratio Comparison

ITDB has a 0.09% expense ratio, which is lower than CGMS's 0.39% expense ratio.

Dividends

ITDB vs. CGMS - Dividend Comparison

ITDB's dividend yield for the trailing twelve months is around 1.93%, less than CGMS's 6.09% yield.

Position	TTM	2025	2024	2023	2022
CGMS Capital Group U.S. Multi-Sector Income ETF	6.09%	6.00%	5.91%	5.84%	0.97%
ITDB Ishares Lifepath Target Date 2030 ETF	1.93%	2.05%	1.96%	0.62%	0.00%

Frequently Asked Questions

Can I hold both ITDB and CGMS in my portfolio?

ITDB and CGMS have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITDB or CGMS?

ITDB has higher volatility (2.51%) compared to CGMS (1.15%). In terms of maximum drawdown, ITDB dropped -8.41% vs CGMS's -4.08%.

Which ETF is better, ITDB or CGMS?

On 1-year performance, ITDB leads with 16.69% vs 7.10% for CGMS. On fees, ITDB is cheaper at 0.09% per year. On volatility, CGMS has been the lower-risk option at 1.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITDB or CGMS?

Over the 1-year period, ITDB has performed better with a 16.69% return vs 7.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITDB or CGMS?

ITDB is cheaper with a 0.09% expense ratio, compared with 0.39% for CGMS.

Which ETF pays a higher dividend yield, ITDB or CGMS?

CGMS has the higher dividend yield at 6.09%, compared with 1.93% for ITDB.

What is the main difference between ITDB and CGMS?

ITDB is categorized as Target Retirement Date, while CGMS is Multisector Bonds. They also come from different issuers: iShares and Capital Group. Their fees differ too: 0.09% for ITDB and 0.39% for CGMS.

Which has better risk-adjusted returns?

ITDB currently has the higher Sharpe Ratio (2.32 vs 2.08), 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.