CGUS vs OALC
Capital Group Core Equity ETF vs OneAscent Large Cap Core ETF
Which is better, CGUS or OALC?
Nearly the same fund. CGUS costs less.
CGUS has a lower expense ratio. CGUS led over the full window, OALC over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.96. OALC is less concentrated, with 34.0% of the fund in its ten largest positions against 43.8%.
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 | OALC |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.49% |
| AUM | $12.3B | $280M |
| Dividend Yield | 0.83% | 0.52% |
| Holdings | 75 | 424 |
| YTD Return | +11.95% | +16.12%Best |
| 1Y Return | +15.39% | +19.96%Best |
| 3Y Return (annualized) | +21.76% | +22.66%Best |
| 5Y Return (annualized) | - | +11.01% |
| Volatility (annualized) | 14.7%Best | 14.9% |
| Max Drawdown | -21.9% | -20.8%Best |
| $10,000 over 4.6 years | $19,073Best | $19,012 |
| Top 10 Weight | 43.8% | 34.0%Best |
| Fund Family | Capital Group (US) | OneAscent Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 22, 2022 | Nov 15, 2021 |
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 OALC 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 OALC Performance
Capital Group Core Equity ETF (CGUS) is an ETF from Capital Group (US) and OneAscent Large Cap Core ETF (OALC) is an ETF from OneAscent Investments. Over the past year CGUS returned +15.39% while OALC returned +19.96%. Year to date, CGUS is up 11.95% versus a gain of 16.12% for OALC.
Over three years, CGUS compounded at +21.76% per year against +22.66% for OALC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OALC has been the more volatile fund, with annualized monthly volatility of 14.9% 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 -20.8% for OALC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. 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 OALC charges 0.49%. On a $10,000 position that is $33 vs $49 annually, a gap of $16 per year that compounds over a long holding period. On income, CGUS currently yields 0.83% against 0.52% for OALC.
Holdings Overlap
64.0% of CGUS's money is in holdings OALC also owns. 45.9% of OALC's money is in holdings CGUS also owns.
The two portfolios partly overlap.
36 positions in common, counted across the 68 positions we hold weights for in CGUS and 211 in OALC, against full books of 75 and 424.
What only one of them owns
Our book lists 174 positions for OALC that do not appear in our book for CGUS (53.0% of the fund), and 23 for CGUS that do not appear in OALC (25.4%).
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.
Top Shared Holdings
| Stock | Weight in CGUS | Weight in OALC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.90% | 8.63% | 0.73% |
| MSFTMicrosoft Corp | 7.05% | 6.37% | 0.68% |
| AMZNAmazon.Com Inc | 4.75% | 3.83% | 0.92% |
| AVGOBroadcom Inc | 5.26% | 2.61% | 2.65% |
| GOOGLAlphabet Inc | 3.14% | 3.20% | 0.06% |
| LLYEli Lilly & Co. | 3.68% | 1.64% | 2.04% |
| GOOGAlphabet Inc. C | 1.89% | 2.59% | 0.70% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.87% | 1.50% | 0.37% |
| JPMJpmorgan Chase | 1.74% | 1.62% | 0.12% |
| AMATApplied Materials, Inc. | 2.08% | 0.71% | 1.37% |
64.0% of CGUS is already inside OALC.
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 OALC?
CGUS has an expense ratio of 0.33% while OALC charges 0.49%. CGUS is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, CGUS or OALC?
Over the past year CGUS returned +15.39% vs +19.96% for OALC, so OALC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGUS or OALC?
OALC has been the more volatile fund at 14.9% annualized versus 14.7% for CGUS. Worst drawdown: CGUS -21.9% vs OALC -20.8%.
Should I hold both CGUS and OALC?
CGUS and OALC have a monthly-return correlation of 0.96, 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.
What is the holdings overlap between CGUS and OALC?
64.0% of CGUS's money is in holdings OALC also owns. 45.9% of OALC's is in holdings CGUS also owns. They hold 36 positions in common, counted across the 68 positions we hold weights for in CGUS and 211 in OALC.
Which pays a higher dividend, CGUS or OALC?
CGUS yields 0.83% while OALC yields 0.52%, so CGUS currently pays the higher dividend yield.
Is OALC better than CGUS?
CGUS has a lower expense ratio. CGUS led over the full window, OALC over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.96. OALC is less concentrated, with 34.0% of the fund in its ten largest positions against 43.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.