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CGBL vs AMAX

Capital Group Core Balanced ETF vs Adaptive Hedged Multi-Asset Income ETF

CGBL

Capital Group Core Balanced ETF

Capital Group

Annual cost

0.33%

Fund size

$6.1B

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • CGBL costs 1.03% less per year.
  • CGBL is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • CGBL is classified as mixed asset, while AMAX is alternative — different risk/return profiles.
  • CGBL follows a active selection strategy; AMAX uses option income.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CGBLAMAX
Annual cost (TER)0.33%1.36%
Fund size (AUM)$6.1B$60M
Since20232009
Dividend yield1.92%10.63%
Asset classmixed assetalternative
Region
Strategyactive selectionoption income
CAGR 1Y+19.6%+11.8%
CAGR 3YN/A+9.4%
CAGR 5YN/AN/A
Sharpe 3YN/A0.59
Volatility 1Y9.65%9.98%
Max drawdown-11.66%-16.25%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CGBL and AMAX