CGUS vs ETY
Capital Group Core Equity ETF vs Eaton Vance Tax-Managed Diversified Equity Income Fund
Which is better, CGUS or ETY?
CGUS has been ahead.
CGUS has a lower expense ratio. CGUS led over 1Y, 3Y and the full window. CGUS is less concentrated, with 43.8% of the fund in its ten largest positions against 50.5%.
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 | ETY |
|---|---|---|
| Expense Ratio | 0.33%Best | 1.06% |
| AUM | $12.3B | $1.8B |
| Dividend Yield | 0.83% | 7.52% |
| Holdings | 75 | 61 |
| YTD Return | +11.95%Best | -2.20% |
| 1Y Return | +15.39%Best | -2.84% |
| 3Y Return (annualized) | +21.76%Best | +15.48% |
| 5Y Return (annualized) | - | +8.08% |
| Volatility (annualized) | 14.7%Best | 17.4% |
| Max Drawdown | -21.9% | -21.3%Best |
| $10,000 over 4.6 years | $19,073Best | $15,296 |
| Top 10 Weight | 43.8%Best | 50.5% |
| Fund Family | Capital Group (US) | Eaton Vance |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 22, 2022 | Nov 27, 2006 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 24, 2022 to Oct 14, 2026 (4.6 years).
CGUS vs ETY 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 4.6 years both funds cover.
CGUS vs ETY Performance
Capital Group Core Equity ETF (CGUS) is an ETF from Capital Group (US) and Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) is an ETF from Eaton Vance. Over the past year CGUS returned +15.39% while ETY returned -2.84%. Year to date, CGUS is up 11.95% versus a loss of 2.20% for ETY.
Over three years, CGUS compounded at +21.76% per year against +15.48% for ETY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ETY has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 14.7% for CGUS. 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 -21.9% for CGUS and -21.3% for ETY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGUS charges 0.33% per year while ETY charges 1.06%. On a $10,000 position that is $33 vs $106 annually, a gap of $73 per year that compounds over a long holding period. On income, CGUS currently yields 0.83% against 7.52% for ETY.
Holdings Overlap
50.2% of CGUS's money is in holdings ETY also owns. 61.1% of ETY's money is in holdings CGUS also owns.
The two portfolios partly overlap.
The two holdings books were reported 64 days apart, CGUS as of Oct 3, 2026 and ETY as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
20 positions in common, counted across the 68 positions we hold weights for in CGUS and 58 in ETY, against full books of 75 and 61.
What only one of them owns
Our book lists 33 positions for ETY that do not appear in our book for CGUS (35.8% of the fund), and 39 for CGUS that do not appear in ETY (39.2%).
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.
Top Shared Holdings
| Stock | Weight in CGUS | Weight in ETY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.90% | 9.28% | 1.38% |
| MSFTMicrosoft Corp | 7.05% | 6.19% | 0.86% |
| AMZNAmazon.Com Inc | 4.75% | 5.50% | 0.75% |
| AAPLApple, Inc | 2.53% | 7.05% | 4.52% |
| AVGOBroadcom Inc | 5.26% | 4.14% | 1.12% |
| GOOGAlphabet Inc. C | 1.89% | 7.02% | 5.13% |
| METAMeta Platforms Inc | 4.55% | 2.35% | 2.20% |
| LLYEli Lilly & Co. | 3.68% | 2.66% | 1.02% |
| JPMJpmorgan Chase | 1.74% | 3.23% | 1.49% |
| VVisa Inc Class A | 0.69% | 2.76% | 2.07% |
61.1% of ETY is already inside CGUS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGUS or ETY?
CGUS has an expense ratio of 0.33% while ETY charges 1.06%. CGUS is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, CGUS or ETY?
Over the past year CGUS returned +15.39% vs -2.84% for ETY, so CGUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGUS or ETY?
ETY has been the more volatile fund at 17.4% annualized versus 14.7% for CGUS. Worst drawdown: CGUS -21.9% vs ETY -21.3%.
Should I hold both CGUS and ETY?
CGUS and ETY have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CGUS and ETY?
61.1% of ETY's money is in holdings CGUS also owns. 61.1% of ETY's is in holdings CGUS also owns. They hold 20 positions in common, counted across the 68 positions we hold weights for in CGUS and 58 in ETY.
Which pays a higher dividend, CGUS or ETY?
CGUS yields 0.83% while ETY yields 7.52%, so ETY currently pays the higher dividend yield.
Is ETY better than CGUS?
CGUS has a lower expense ratio. CGUS led over 1Y, 3Y and the full window. CGUS is less concentrated, with 43.8% of the fund in its ten largest positions against 50.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.