Capital Group Fixed Income ETF (CGSM) Performance
CGSM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.3% since Dec 31, 2025
- 1 year
- +1.9% total return
- 3 years
- +4.6% a year
- Since first price
- +4.5% a year since 2023
CGSM trailing returns vs AGG, TLT, SPY
| Period | CGSM total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +1.2% | +1.0% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.4% | −0.3% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.2% | −1.2% | −1.5% | −3.8% | +7.8% |
| YTD | +1.3% | −0.8% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.9% | −1.0% | −1.1% | −6.9% | +14.4% |
| 3 years | +14.6%+4.6%/yr | +4.5% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionSep 28, 2023 | +14.3%+4.5%/yr | +4.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CGSM vs AGG
From Sep 28, 2023: CGSM grew to $11,433, AGG to $11,471.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CGSM returns by calendar year
2 of 2 full years positive. Best 2025 (+4.6%), worst 2024 (+3.7%). 2026 is year to date.
CGSM annual returns table
| Year | CGSM | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.3% | −2.4% | −1.0% | −3.4% | +12.3% |
| 2025 | +4.6% | −1.4% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.7% | −1.2% | +1.3% | −8.1% | +24.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CGSM risk statistics
| Statistic | 3 years |
|---|---|
| Annualized return | +4.0% |
| Volatility (annualized) | 2.5% |
| Sharpe ratio | -0.16 |
| Sortino ratio | -0.21 |
| Best month | +2.5% |
| Worst month | −1.8% |
| Best 12 months | +8.2% |
| Worst 12 months | +0.4% |
| Positive months | 75% |
| Beta vs S&P 500 | 0.11 |
| Correlation with S&P 500 | 0.57 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CGSM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 26 | +0.4% | +4.3% | +8.2% | 100% |
| 3-year (a year) | 2 | +4.0% | +4.3% | +4.6% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
CGSM performance overview
Capital Group Fixed Income ETF (CGSM) returned +1.9% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +4.5% a year, turning $10,000 into about $11,433. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: CGSM chart, CGSM dividends, CGSM bond profile. See the CGSM overview for the latest quote and fund facts.
CGSM performance FAQ
What is the CGSM return over the past year?
CGSM returned +1.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.0%.
How much would $10,000 invested in CGSM be worth?
$10,000 invested in CGSM at its first recorded close on September 28, 2023 would be worth about $11,433 on October 23, 2026 with distributions reinvested.
What was the worst year for CGSM?
The worst calendar year was 2024, with a total return of +3.7%. The best was 2025 at +4.6%.
How volatile is CGSM?
Over the past 3 years CGSM had an annualized volatility of 2.5% and a Sharpe ratio of -0.16 (excess return over 1–3 month T-bills per unit of risk).