CGBL vs SCHD
CGBL vs SCHD
Capital Group Core Balanced ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | CGBL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.33% | 0.06% | |
| AUM | $7.2B | $103.7B | |
| Dividend Yield | 1.85% | 3.31% | |
| Holdings | 77 | 104 | |
| YTD Return | +5.58% | +22.69% | |
| 1Y Return | +12.91% | +30.94% | |
| 3Y Return (annualized) | - | +14.20% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 9.3% | 13.7% | |
| Max Drawdown | -11.7% | -33.4% | |
| Fund Family | Capital Group (US) | Charles Schwab Asset Management | |
| Category | Allocation/Balanced | Equity | |
| Inception | Sep 26, 2023 | Oct 20, 2011 |
CGBL vs SCHD Performance
Capital Group Core Balanced ETF (CGBL) is a ETF from Capital Group (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CGBL returned +12.91% while SCHD returned +30.94%. Year to date, CGBL is up 5.58% versus a gain of 22.69% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 9.3% for CGBL. 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 -11.7% for CGBL and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CGBL charges 0.33% per year while SCHD charges 0.06%. On a $10,000 position that is $33 vs $6 annually, a gap of $27 per year that compounds over a long holding period. On income, CGBL currently yields 1.85% against 3.31% for SCHD.
Holdings Overlap
CGBL and SCHD share 7 holdings out of 171 unique holdings combined, representing a 3.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in CGBL | Weight in SCHD | Difference |
|---|---|---|---|
| UNH | 0.65% | 4.54% | 3.89% |
| AMGN | 0.55% | 4.25% | 3.70% |
| HD | 0.48% | 4.16% | 3.68% |
| COP | Pro | Pro | Pro |
| CMCSA | Pro | Pro | Pro |
| ARES | Pro | Pro | Pro |
| DRI | Pro | Pro | Pro |
See all 7 holdings CGBL shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, CGBL or SCHD?
CGBL has an expense ratio of 0.33% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, CGBL or SCHD?
Over the past year CGBL returned +12.91% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), CGBL annualized +17.19% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, CGBL or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 9.3% for CGBL. Worst drawdown: CGBL -11.7% vs SCHD -33.4%.
Should I hold both CGBL and SCHD?
CGBL and SCHD have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CGBL and SCHD?
CGBL and SCHD share 7 common holdings with a 3.8% weight overlap. Combined, they hold 171 unique securities.
Which pays a higher dividend, CGBL or SCHD?
CGBL yields 1.85% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.