JPIE vs. CGGR

Last updated Jun 13, 2026

JPIE (JPMorgan Income ETF) and CGGR (Capital Group Growth ETF) are both exchange-traded funds - JPIE is a Multisector Bonds fund actively managed by JPMorgan, while CGGR is a Large Cap Growth Equities fund actively managed by Capital Group. Both are actively managed. Over the past 3 years, JPIE returned 6.63%/yr vs 23.14%/yr for CGGR. At a 0.40 correlation, their price movements are largely independent. JPIE charges 0.40%/yr vs 0.39%/yr for CGGR.

Performance

JPIE vs. CGGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Income ETF (JPIE) and Capital Group Growth ETF (CGGR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPIE achieves a 1.65% return, which is significantly lower than CGGR's 3.04% return.

JPIE

• 1D: 0.02%
• 1M: 0.50%
• YTD: 1.65%
• 6M: 2.12%
• 1Y: 5.94%
• 3Y*: 6.63%
• 5Y*: —
• 10Y*: —

CGGR

• 1D: 0.11%
• 1M: -1.78%
• YTD: 3.04%
• 6M: 3.90%
• 1Y: 18.36%
• 3Y*: 23.14%
• 5Y*: —
• 10Y*: —

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

JPIE vs. CGGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JPIE JPMorgan Income ETF	1.65%	7.39%	6.32%	7.07%	-3.95%
CGGR Capital Group Growth ETF	3.04%	19.75%	32.12%	42.18%	-14.68%

Correlation

The correlation between JPIE and CGGR is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.40

Return for Risk

JPIE vs. CGGR — Risk / Return Rank

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

JPIE

JPIE Risk / Return Rank: 95
JPIE Sharpe Ratio Rank: 96
JPIE Sortino Ratio Rank: 97
JPIE Omega Ratio Rank: 97
JPIE Calmar Ratio Rank: 91
JPIE Martin Ratio Rank: 95

CGGR

CGGR Risk / Return Rank: 30
CGGR Sharpe Ratio Rank: 31
CGGR Sortino Ratio Rank: 29
CGGR Omega Ratio Rank: 31
CGGR Calmar Ratio Rank: 27
CGGR Martin Ratio Rank: 32

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.

JPIE vs. CGGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Income ETF (JPIE) and Capital Group Growth ETF (CGGR). 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.

	JPIE	CGGR	Difference
Sharpe ratio: Return per unit of total volatility	3.68	1.00	+2.69
Sortino ratio: Return per unit of downside risk	5.83	1.42	+4.41
Omega ratio: Gain probability vs. loss probability	1.84	1.19	+0.65
Calmar ratio: Return relative to maximum drawdown	5.12	1.13	+3.99
Martin ratio: Return relative to average drawdown	25.30	4.10	+21.20

JPIE vs. CGGR - Sharpe Ratio Comparison

The current JPIE Sharpe Ratio is 3.68, which is higher than the CGGR Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of JPIE and CGGR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JPIE vs. CGGR - Drawdown Comparison

The maximum JPIE drawdown since its inception was -9.96%, smaller than the maximum CGGR drawdown of -28.90%. Use the drawdown chart below to compare losses from any high point for JPIE and CGGR.

Drawdown Indicators

	JPIE	CGGR	Difference
Max Drawdown Largest peak-to-trough decline	-9.96%	-28.90%	+18.94%
Max Drawdown (1Y) Largest decline over 1 year	-1.15%	-15.13%	+13.98%
Max Drawdown (3Y) Largest decline over 3 years	-2.40%	-23.37%	+20.97%
Current Drawdown Current decline from peak	0.00%	-4.08%	+4.08%
Average Drawdown Average peak-to-trough decline	-2.08%	-7.69%	+5.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.23%	4.16%	-3.93%

Volatility

JPIE vs. CGGR - Volatility Comparison

The current volatility for JPMorgan Income ETF (JPIE) is 0.63%, while Capital Group Growth ETF (CGGR) has a volatility of 6.79%. This indicates that JPIE experiences smaller price fluctuations and is considered to be less risky than CGGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPIE	CGGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.63%	6.79%	-6.16%
Volatility (6M) Calculated over the trailing 6-month period	1.30%	13.59%	-12.29%
Volatility (1Y) Calculated over the trailing 1-year period	1.60%	17.12%	-15.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.52%	21.98%	-18.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.52%	21.98%	-18.46%

JPIE vs. CGGR - Expense Ratio Comparison

JPIE has a 0.40% expense ratio, which is higher than CGGR's 0.39% expense ratio.

Dividends

JPIE vs. CGGR - Dividend Comparison

JPIE's dividend yield for the trailing twelve months is around 5.61%, more than CGGR's 0.09% yield.

Position	TTM	2025	2024	2023	2022	2021
CGGR Capital Group Growth ETF	0.09%	0.10%	0.33%	0.40%	0.33%	0.00%
JPIE JPMorgan Income ETF	5.61%	5.65%	6.11%	5.70%	4.49%	0.63%

Frequently Asked Questions

Can I hold both JPIE and CGGR in my portfolio?

JPIE and CGGR have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPIE or CGGR?

CGGR has higher volatility (6.79%) compared to JPIE (0.63%). In terms of maximum drawdown, JPIE dropped -9.96% vs CGGR's -28.90%.

Which ETF is better, JPIE or CGGR?

On 3-year performance, CGGR leads with 23.14% vs 6.63% for JPIE. On fees, CGGR is cheaper at 0.39% per year. On volatility, JPIE has been the lower-risk option at 0.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPIE or CGGR?

Over the 3-year period, CGGR has performed better with a 23.14% return vs 6.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPIE or CGGR?

CGGR is cheaper with a 0.39% expense ratio, compared with 0.40% for JPIE.

Which ETF pays a higher dividend yield, JPIE or CGGR?

JPIE has the higher dividend yield at 5.61%, compared with 0.09% for CGGR.

What is the main difference between JPIE and CGGR?

JPIE is categorized as Multisector Bonds, while CGGR is Large Cap Growth Equities. They also come from different issuers: JPMorgan and Capital Group. Their fees differ too: 0.40% for JPIE and 0.39% for CGGR.

Which has better risk-adjusted returns?

JPIE currently has the higher Sharpe Ratio (3.68 vs 1.00), 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.