LODI vs. CGSD

Last updated Jun 23, 2026

LODI (AAM SLC Low Duration Income ETF) and CGSD (Capital Group Short Duration Income ETF) are both Short-Term Bond funds. Both are actively managed. Over the past year, LODI returned 5.47% vs 3.96% for CGSD. At a 0.50 correlation, their price movements are largely independent. LODI charges 0.15%/yr vs 0.25%/yr for CGSD.

Performance

LODI vs. CGSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM SLC Low Duration Income ETF (LODI) and Capital Group Short Duration Income ETF (CGSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LODI achieves a 1.94% return, which is significantly higher than CGSD's 0.72% return.

LODI

• 1D: -0.04%
• 1M: 0.41%
• YTD: 1.94%
• 6M: 2.04%
• 1Y: 5.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CGSD

• 1D: 0.00%
• 1M: 0.24%
• YTD: 0.72%
• 6M: 0.84%
• 1Y: 3.96%
• 3Y*: 5.35%
• 5Y*: —
• 10Y*: —

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

LODI vs. CGSD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LODI AAM SLC Low Duration Income ETF	1.94%	6.04%	0.40%
CGSD Capital Group Short Duration Income ETF	0.72%	6.11%	0.25%

Correlation

The correlation between LODI and CGSD is 0.52, 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	0.52
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.50

The correlation between LODI and CGSD has been stable across timeframes, ranging from 0.50 to 0.52 - a consistent structural relationship.

Return for Risk

LODI vs. CGSD — Risk / Return Rank

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

LODI

LODI Risk / Return Rank: 86
LODI Sharpe Ratio Rank: 75
LODI Sortino Ratio Rank: 82
LODI Omega Ratio Rank: 91
LODI Calmar Ratio Rank: 95
LODI Martin Ratio Rank: 89

CGSD

CGSD Risk / Return Rank: 85
CGSD Sharpe Ratio Rank: 87
CGSD Sortino Ratio Rank: 92
CGSD Omega Ratio Rank: 90
CGSD Calmar Ratio Rank: 73
CGSD Martin Ratio Rank: 85

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.

LODI vs. CGSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM SLC Low Duration Income ETF (LODI) and Capital Group Short Duration Income ETF (CGSD). 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.

	LODI	CGSD	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.72	-0.41
Sortino ratio: Return per unit of downside risk	3.48	4.28	-0.80
Omega ratio: Gain probability vs. loss probability	1.57	1.56	+0.01
Calmar ratio: Return relative to maximum drawdown	7.35	3.57	+3.78
Martin ratio: Return relative to average drawdown	19.05	16.86	+2.19

LODI vs. CGSD - Sharpe Ratio Comparison

The current LODI Sharpe Ratio is 2.32, which is comparable to the CGSD Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of LODI and CGSD, 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

LODI vs. CGSD - Drawdown Comparison

The maximum LODI drawdown since its inception was -1.01%, smaller than the maximum CGSD drawdown of -1.75%. Use the drawdown chart below to compare losses from any high point for LODI and CGSD.

Drawdown Indicators

	LODI	CGSD	Difference
Max Drawdown Largest peak-to-trough decline	-1.01%	-1.75%	+0.74%
Max Drawdown (1Y) Largest decline over 1 year	-0.75%	-1.11%	+0.36%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.11%	—
Current Drawdown Current decline from peak	-0.10%	-0.19%	+0.09%
Average Drawdown Average peak-to-trough decline	-0.20%	-0.28%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.29%	0.24%	+0.05%

Volatility

LODI vs. CGSD - Volatility Comparison

AAM SLC Low Duration Income ETF (LODI) and Capital Group Short Duration Income ETF (CGSD) have volatilities of 0.46% and 0.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LODI	CGSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.46%	0.46%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	1.15%	1.05%	+0.10%
Volatility (1Y) Calculated over the trailing 1-year period	2.38%	1.46%	+0.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.33%	2.16%	+0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.33%	2.16%	+0.17%

LODI vs. CGSD - Expense Ratio Comparison

LODI has a 0.15% expense ratio, which is lower than CGSD's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

LODI vs. CGSD - Dividend Comparison

LODI's dividend yield for the trailing twelve months is around 4.96%, more than CGSD's 4.46% yield.

Position	TTM	2025	2024	2023	2022
CGSD Capital Group Short Duration Income ETF	4.46%	4.48%	4.57%	4.43%	0.64%
LODI AAM SLC Low Duration Income ETF	4.96%	5.11%	0.38%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LODI and CGSD in my portfolio?

LODI and CGSD have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LODI or CGSD?

CGSD has higher volatility (0.46%) compared to LODI (0.46%). In terms of maximum drawdown, LODI dropped -1.01% vs CGSD's -1.75%.

Which ETF is better, LODI or CGSD?

On 1-year performance, LODI leads with 5.47% vs 3.96% for CGSD. On fees, LODI is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LODI or CGSD?

Over the 1-year period, LODI has performed better with a 5.47% return vs 3.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LODI or CGSD?

LODI is cheaper with a 0.15% expense ratio, compared with 0.25% for CGSD.

Which ETF pays a higher dividend yield, LODI or CGSD?

LODI has the higher dividend yield at 4.96%, compared with 4.46% for CGSD.

What is the main difference between LODI and CGSD?

They also come from different issuers: AAM and Capital Group. Their fees differ too: 0.15% for LODI and 0.25% for CGSD.

Which has better risk-adjusted returns?

CGSD currently has the higher Sharpe Ratio (2.72 vs 2.32), 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.