CGUS vs CPSL
Capital Group Core Equity ETF vs Calamos Laddered S&P 500 Structured Alt Protection ETF
Which is better, CGUS or CPSL?
CGUS has been ahead.
CGUS has a lower expense ratio. CGUS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. CGUS is less concentrated, with 43.8% of the fund in its ten largest positions against 83.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CGUS | CPSL |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.79% |
| AUM | $12.3B | $158M |
| Dividend Yield | 0.83% | 0.00% |
| Holdings | 75 | 14 |
| YTD Return | +11.95%Best | +4.30% |
| 1Y Return | +15.39%Best | +5.70% |
| 3Y Return (annualized) | +21.76% | - |
| Volatility (annualized) | 12.3% | 2.3%Best |
| Max Drawdown | -18.1% | -3.7%Best |
| $10,000 over 2.1 years | $14,033Best | $11,385 |
| Top 10 Weight | 43.8%Best | 83.3% |
| Fund Family | Capital Group (US) | Calamos Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 22, 2022 | Sep 9, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 9, 2024 to Oct 14, 2026 (2.1 years).
CGUS vs CPSL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.1 years both funds cover.
CGUS vs CPSL Performance
Capital Group Core Equity ETF (CGUS) is an ETF from Capital Group (US) and Calamos Laddered S&P 500 Structured Alt Protection ETF (CPSL) is an ETF from Calamos Investments. Over the past year CGUS returned +15.39% while CPSL returned +5.70%. Year to date, CGUS is up 11.95% versus a gain of 4.30% for CPSL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGUS has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 2.3% for CPSL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.1% for CGUS and -3.7% for CPSL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGUS charges 0.33% per year while CPSL charges 0.79%. On a $10,000 position that is $33 vs $79 annually, a gap of $46 per year that compounds over a long holding period. On income, CGUS currently yields 0.83% against 0.00% for CPSL.
Holdings Overlap
We hold position weights for 68 holdings in CGUS and 12 in CPSL, totalling 100.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 68 positions we hold weights for in CGUS and 12 in CPSL, against full books of 75 and 14.
What only one of them owns
Our book lists 12 positions for CPSL that do not appear in our book for CGUS (99.9% of the fund), and 59 for CGUS that do not appear in CPSL (89.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of CGUS and CPSL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGUS or CPSL?
CGUS has an expense ratio of 0.33% while CPSL charges 0.79%. CGUS is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, CGUS or CPSL?
Over the past year CGUS returned +15.39% vs +5.70% for CPSL, so CGUS leads on 1-year performance. Over the longest common window we track (2 years), CGUS annualized +17.51% vs +6.37% for CPSL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGUS or CPSL?
CGUS has been the more volatile fund at 12.3% annualized versus 2.3% for CPSL. Worst drawdown: CGUS -18.1% vs CPSL -3.7%.
Should I hold both CGUS and CPSL?
CGUS and CPSL have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, CGUS or CPSL?
CGUS yields 0.83% while CPSL yields 0.00%, so CGUS currently pays the higher dividend yield.
Is CPSL better than CGUS?
CGUS has a lower expense ratio. CGUS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. CGUS is less concentrated, with 43.8% of the fund in its ten largest positions against 83.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.