CGIB vs SPY
Capital Group International Bond ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, CGIB or SPY?
Long Term High Yield Bond against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
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 | CGIB | SPY |
|---|---|---|
| Expense Ratio | 0.45% | 0.09%Best |
| AUM | $345M | $804.7B |
| Dividend Yield | 1.46% | 0.98% |
| Holdings | 439 | 505 |
| YTD Return | -0.40% | +12.47%Best |
| 1Y Return | +0.12% | +17.51%Best |
| 3Y Return (annualized) | - | +21.18% |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 3.1%Best | 11.9% |
| Max Drawdown | -2.7%Best | -18.8% |
| $10,000 over 2.2 years | $10,683 | $14,304Best |
| Fund Family | Capital Group (US) | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | Long Term High Yield Bond | Large Cap Blend |
| Inception | Jun 25, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jun 27, 2024 to Sep 11, 2026 (2.2 years).
CGIB vs SPY 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 2.2 years both funds cover.
CGIB vs SPY Performance
Capital Group International Bond ETF (CGIB) is an ETF from Capital Group (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year CGIB returned +0.12% while SPY returned +17.51%. Year to date, CGIB is down 0.40% versus a gain of 12.47% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 3.1% for CGIB. 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 -2.7% for CGIB and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGIB charges 0.45% per year while SPY charges 0.09%. On a $10,000 position that is $45 vs $9 annually, a gap of $36 per year that compounds over a long holding period. On income, CGIB currently yields 1.46% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 51 holdings in CGIB and 504 in SPY, totalling 8.4% and 100.0% 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 51 positions we hold weights for in CGIB and 504 in SPY, against full books of 439 and 505.
You are not choosing between two funds in isolation.
Whichever of CGIB and SPY 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, CGIB or SPY?
CGIB has an expense ratio of 0.45% while SPY charges 0.09%. SPY is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, CGIB or SPY?
Over the past year CGIB returned +0.12% vs +17.51% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), CGIB annualized +3.05% vs +17.67% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGIB or SPY?
SPY has been the more volatile fund at 11.9% annualized versus 3.1% for CGIB. Worst drawdown: CGIB -2.7% vs SPY -18.8%.
Should I hold both CGIB and SPY?
CGIB and SPY have a monthly-return correlation of 0.41, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CGIB or SPY?
CGIB yields 1.46% while SPY yields 0.98%, so CGIB currently pays the higher dividend yield.
Is SPY better than CGIB?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.