WBD vs. CGXU
WBD (Warner Bros. Discovery, Inc.) is a stock, while CGXU (Capital Group International Focus Equity ETF) is Foreign Large Cap Equities fund actively managed by Capital Group. Over the past 3 years, WBD returned 23.15%/yr vs 15.68%/yr for CGXU. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
WBD vs. CGXU - Performance Comparison
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Returns By Period
In the year-to-date period, WBD achieves a -9.47% return, which is significantly lower than CGXU's 15.45% return.
WBD
- 1D
- -0.80%
- 1M
- -1.47%
- 6M
- -5.20%
- YTD
- -9.47%
- 1Y
- 102.72%
- 3Y*
- 23.15%
- 5Y*
- -1.64%
- 10Y*
- -0.09%
- ALL TIME*
- 6.13%
CGXU
- 1D
- 0.72%
- 1M
- -1.17%
- 6M
- 8.03%
- YTD
- 15.45%
- 1Y
- 34.34%
- 3Y*
- 15.68%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $32.87M | $32.22M | $32.54M | |
| $616.37M | $613.48M | $586.72M |
WBD vs. CGXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WBD Warner Bros. Discovery, Inc. | -9.47% | 172.66% | -7.12% | 20.04% | -66.39% |
CGXU Capital Group International Focus Equity ETF | 15.45% | 26.31% | 4.36% | 15.75% | -11.64% |
Correlation
The correlation between WBD and CGXU is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022 | 0.41 |
Over the past year, the correlation between WBD and CGXU has dropped to 0.16 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
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Return for Risk
WBD vs. CGXU — Risk / Return Rank
WBD
CGXU
WBD vs. CGXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Warner Bros. Discovery, Inc. (WBD) and Capital Group International Focus Equity ETF (CGXU). 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.
| WBD | CGXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.08 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.27 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 6.55 | 2.62 | +3.92 |
| Martin ratioReturn relative to average drawdown | 13.11 | 8.59 | +4.52 |
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Drawdowns
WBD vs. CGXU - Drawdown Comparison
The maximum WBD drawdown since its inception was -91.32%, which is greater than CGXU's maximum drawdown of -25.64%. Use the drawdown chart below to compare losses from any high point for WBD and CGXU.
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Drawdown Indicators
| WBD | CGXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.32% | -25.64% | -65.68% |
Max Drawdown (1Y)Largest decline over 1 year | -15.78% | -13.14% | -2.64% |
Max Drawdown (3Y)Largest decline over 3 years | -53.63% | -21.63% | -32.00% |
Max Drawdown (5Y)Largest decline over 5 years | -78.48% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -91.32% | — | — |
Current DrawdownCurrent decline from peak | -66.24% | -5.50% | -60.74% |
Average DrawdownAverage peak-to-trough decline | -37.32% | -6.57% | -30.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.91% | 4.01% | +3.90% |
Volatility
WBD vs. CGXU - Volatility Comparison
Warner Bros. Discovery, Inc. (WBD) and Capital Group International Focus Equity ETF (CGXU) have volatilities of 6.93% and 7.17%, 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.
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Volatility by Period
| WBD | CGXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 7.17% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 11.83% | 19.94% | -8.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.63% | 22.63% | +23.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.62% | 20.40% | +32.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.07% | 20.40% | +26.67% |
Dividends
WBD vs. CGXU - Dividend Comparison
WBD has not paid dividends to shareholders, while CGXU's dividend yield for the trailing twelve months is around 5.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CGXU Capital Group International Focus Equity ETF | 5.00% | 5.31% | 1.01% | 0.99% | 0.95% |
WBD Warner Bros. Discovery, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WBD and CGXU have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CGXU has higher volatility (7.17%) compared to WBD (6.93%). In terms of maximum drawdown, WBD dropped -91.32% vs CGXU's -25.64%.
WBD currently has the higher Sharpe Ratio (2.27 vs 1.53), 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.
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