Correlation
The correlation between UBND and CGCP is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
UBND vs. CGCP
Compare and contrast key facts about VictoryShares Core Plus Intermediate Bond ETF (UBND) and Capital Group Core Plus Income ETF (CGCP).
UBND and CGCP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UBND is an actively managed fund by VictoryShares. It was launched on Oct 4, 2021. CGCP is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UBND or CGCP.
Performance
UBND vs. CGCP - Performance Comparison
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Key characteristics
UBND:
1.37
CGCP:
1.11
UBND:
1.91
CGCP:
1.57
UBND:
1.23
CGCP:
1.20
UBND:
0.89
CGCP:
0.94
UBND:
3.63
CGCP:
2.98
UBND:
1.82%
CGCP:
1.85%
UBND:
4.99%
CGCP:
4.98%
UBND:
-16.53%
CGCP:
-15.07%
UBND:
-0.95%
CGCP:
-1.57%
Returns By Period
In the year-to-date period, UBND achieves a 2.70% return, which is significantly higher than CGCP's 1.58% return.
UBND
2.70%
0.09%
1.17%
6.22%
3.08%
N/A
N/A
CGCP
1.58%
-0.27%
0.18%
5.01%
1.89%
N/A
N/A
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UBND vs. CGCP - Expense Ratio Comparison
UBND has a 0.40% expense ratio, which is higher than CGCP's 0.34% expense ratio.
Risk-Adjusted Performance
UBND vs. CGCP — Risk-Adjusted Performance Rank
UBND
CGCP
UBND vs. CGCP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares Core Plus Intermediate Bond ETF (UBND) and Capital Group Core Plus Income ETF (CGCP). 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.
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Dividends
UBND vs. CGCP - Dividend Comparison
UBND's dividend yield for the trailing twelve months is around 4.57%, less than CGCP's 4.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
UBND VictoryShares Core Plus Intermediate Bond ETF | 4.57% | 4.63% | 4.37% | 3.28% | 0.28% |
CGCP Capital Group Core Plus Income ETF | 4.69% | 5.17% | 4.98% | 2.96% | 0.00% |
Drawdowns
UBND vs. CGCP - Drawdown Comparison
The maximum UBND drawdown since its inception was -16.53%, which is greater than CGCP's maximum drawdown of -15.07%. Use the drawdown chart below to compare losses from any high point for UBND and CGCP.
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Volatility
UBND vs. CGCP - Volatility Comparison
VictoryShares Core Plus Intermediate Bond ETF (UBND) has a higher volatility of 1.38% compared to Capital Group Core Plus Income ETF (CGCP) at 1.30%. This indicates that UBND's price experiences larger fluctuations and is considered to be riskier than CGCP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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