CGMS vs VYM
Capital Group US Multi Sector Income ETF vs Vanguard High Dividend Yield ETF
Which is better, CGMS or VYM?
Diversified Sectoral Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y 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 | CGMS | VYM |
|---|---|---|
| Expense Ratio | 0.39% | 0.04%Best |
| AUM | $5.6B | $95.8B |
| Dividend Yield | 6.04% | 2.23% |
| Holdings | 3,154 | 610 |
| YTD Return | -0.15% | +15.95%Best |
| 1Y Return | +1.09% | +19.62%Best |
| 3Y Return (annualized) | +6.57% | +19.64%Best |
| 5Y Return (annualized) | - | +11.48% |
| Volatility (annualized) | 5.2%Best | 11.8% |
| Max Drawdown | -4.1%Best | -14.5% |
| $10,000 over 4 years | $13,137 | $17,533Best |
| Fund Family | Capital Group (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Value |
| Inception | Oct 25, 2022 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Oct 27, 2022 to Nov 13, 2026 (4 years).
CGMS vs VYM 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 years both funds cover.
CGMS vs VYM Performance
Capital Group US Multi Sector Income ETF (CGMS) is an ETF from Capital Group (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CGMS returned +1.09% while VYM returned +19.62%. Year to date, CGMS is down 0.15% versus a gain of 15.95% for VYM.
Over three years, CGMS compounded at +6.57% per year against +19.64% for VYM. Across the full 4-year window we track, VYM has the edge at +15.07% annualized vs +7.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 5.2% for CGMS. 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 -4.1% for CGMS and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGMS charges 0.39% per year while VYM charges 0.04%. On a $10,000 position that is $39 vs $4 annually, a gap of $35 per year that compounds over a long holding period. On income, CGMS currently yields 6.04% against 2.23% for VYM.
Holdings Overlap
At least 1.0% of VYM's money is in holdings CGMS also owns.
Stated as a floor: for CGMS, our book for it covers 47.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VYM and CGMS share little of their money.
The two holdings books were reported 65 days apart, CGMS as of Nov 4, 2026 and VYM as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 679 positions we hold weights for in CGMS and 602 in VYM, against full books of 3,154 and 610.
Top Shared Holdings
| Stock | Weight in CGMS | Weight in VYM | Difference |
|---|---|---|---|
| ORCLOracle Corp. | 0.05% | 1.03% | 0.98% |
You are not choosing between two funds in isolation.
Whichever of CGMS and VYM 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, CGMS or VYM?
CGMS has an expense ratio of 0.39% while VYM charges 0.04%. VYM is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, CGMS or VYM?
Over the past year CGMS returned +1.09% vs +19.62% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), CGMS annualized +7.06% vs +15.07% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGMS or VYM?
VYM has been the more volatile fund at 11.8% annualized versus 5.2% for CGMS. Worst drawdown: CGMS -4.1% vs VYM -14.5%.
Should I hold both CGMS and VYM?
CGMS and VYM have a monthly-return correlation of 0.77, 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 CGMS and VYM?
At least 1.0% of VYM's money is in holdings CGMS also owns. Our book for CGMS is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 679 positions we hold weights for in CGMS and 602 in VYM.
Which pays a higher dividend, CGMS or VYM?
CGMS yields 6.04% while VYM yields 2.23%, so CGMS currently pays the higher dividend yield.
Is VYM better than CGMS?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.