RJVI vs. CGMS

Last updated Jul 17, 2026

RJVI (RJ Eagle Vertical Income ETF) and CGMS (Capital Group U.S. Multi-Sector Income ETF) are both Multisector Bonds funds. Both are actively managed. A 0.78 correlation means they provide meaningful diversification when combined. RJVI charges 0.51%/yr vs 0.39%/yr for CGMS.

Performance

RJVI vs. CGMS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RJ Eagle Vertical Income ETF (RJVI) 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, RJVI achieves a 2.19% return, which is significantly higher than CGMS's 1.63% return.

RJVI

• 1D: 0.28%
• 1M: -0.25%
• 6M: 1.31%
• YTD: 2.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CGMS

• 1D: -0.04%
• 1M: -0.28%
• 6M: 1.08%
• YTD: 1.63%
• 1Y: 5.56%
• 3Y*: 7.55%
• 5Y*: —
• 10Y*: —

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

RJVI vs. CGMS - Yearly Performance Comparison

	2026 (YTD)	2025
RJVI RJ Eagle Vertical Income ETF	2.19%	0.52%
CGMS Capital Group U.S. Multi-Sector Income ETF	1.63%	0.97%

Correlation

The correlation between RJVI and CGMS is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.78

Return for Risk

RJVI vs. CGMS — Risk / Return Rank

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

RJVI

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

CGMS

CGMS Risk / Return Rank: 62
CGMS Sharpe Ratio Rank: 61
CGMS Sortino Ratio Rank: 65
CGMS Omega Ratio Rank: 62
CGMS Calmar Ratio Rank: 56
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.

RJVI vs. CGMS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RJ Eagle Vertical Income ETF (RJVI) 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.

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.

	RJVI	CGMS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.61	—
Sortino ratio: Return per unit of downside risk	—	2.40	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.26	—
Martin ratio: Return relative to average drawdown	—	9.99	—

Drawdowns

RJVI vs. CGMS - Drawdown Comparison

The maximum RJVI drawdown since its inception was -3.12%, smaller than the maximum CGMS drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for RJVI and CGMS.

Drawdown Indicators

	RJVI	CGMS	Difference
Max Drawdown Largest peak-to-trough decline	-3.12%	-4.08%	+0.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.47%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.08%	—
Current Drawdown Current decline from peak	-0.99%	-0.36%	-0.63%
Average Drawdown Average peak-to-trough decline	-1.02%	-0.66%	-0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.56%	—

Volatility

Volatility by Period

	RJVI	CGMS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.11%	3.46%	+0.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.11%	5.09%	-0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.11%	5.09%	-0.98%

RJVI vs. CGMS - Expense Ratio Comparison

RJVI has a 0.51% expense ratio, which is higher than CGMS's 0.39% expense ratio.

Dividends

RJVI vs. CGMS - Dividend Comparison

RJVI's dividend yield for the trailing twelve months is around 3.00%, less than CGMS's 6.14% yield.

Position	TTM	2025	2024	2023	2022
CGMS Capital Group U.S. Multi-Sector Income ETF	6.14%	6.00%	5.91%	5.84%	0.97%
RJVI RJ Eagle Vertical Income ETF	3.00%	0.93%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RJVI and CGMS in my portfolio?

RJVI and CGMS have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RJVI or CGMS?

On fees, CGMS is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RJVI or CGMS?

CGMS is cheaper with a 0.39% expense ratio, compared with 0.51% for RJVI.

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

CGMS has the higher dividend yield at 6.14%, compared with 3.00% for RJVI.

What is the main difference between RJVI and CGMS?

They also come from different issuers: Carillon Tower Advisers and Capital Group. Their fees differ too: 0.51% for RJVI and 0.39% for CGMS.