Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
CGBL vs XLG: how they differ
CGBL and XLG hold 22% of their weight in the same names, and XLG returned more over the year.
Capital Group Core Balanced ETF and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, CGBL and XLG hold 22% of their money in the same securities at the same weight.
| Holding | CGBL | XLG |
|---|---|---|
| Broadcom Inc | 4.57% | 4.85% |
| Alphabet Inc | 2.78% | 4.82% |
| Apple Inc | 2.00% | 10.76% |
| Microsoft Corp | 1.96% | 8.18% |
| NVIDIA Corp | 1.19% | 13.10% |
| Meta Platforms Inc | 1.10% | 3.61% |
| Bank of America Corp | 0.96% | 0.96% |
| Visa Inc | 0.92% | 1.50% |
| Amazon.com Inc | 0.81% | 6.99% |
| Eli Lilly & Co | 0.73% | 2.00% |
| Philip Morris International Inc | 2.07% | 0.69% |
| UnitedHealth Group Inc | 0.63% | 0.91% |
| Only in CGBL | Only in XLG |
|---|---|
| Capital Group Core Plus Income ETF 23.22% | Alphabet Inc. 6.05% |
| Capital Group Core Bond ETF 15.60% | Tesla, Inc. 2.90% |
| Taiwan Semiconductor Manufacturing Co Lt 3.48% | Berkshire Hathaway Inc. 2.35% |
| Micron Technology Inc 2.23% | Exxon Mobil Corp. 1.74% |
| GE Vernova Inc 1.25% | Walmart Inc. 1.56% |
| ATI Inc 1.23% | Advanced Micro Devices, Inc. 1.56% |
| Vertex Pharmaceuticals Inc 1.20% | Johnson & Johnson 1.50% |
| Booking Holdings Inc 1.10% | Netflix, Inc. 1.07% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| CGBL Capital Group Core Balanced ETF | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Capital | Invesco |
| What it is | Core Balanced | S&P 500 top 50 |
| Total return, 1 year | +9.9% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −7.6 pts | −5.3 pts |
| Expense ratio | 0.33% | 0.20% |
| Already in the S&P 500 | 48.1% | 100.0% |
| Holdings | 77 | 51 |
CGBL in plain words
CGBL is an index equity fund tracking the Core Balanced. Over the year to Sep 11, 2026 it returned +9.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.33% a year. By its holdings filed for Jun 30, 2026, 48% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 59.2%.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 51 positions, with the top ten at 63.6%.
Questions people ask
- Which returned more over the last year, CGBL or XLG?
- In the year to Sep 12, 2026, with distributions reinvested, CGBL returned +9.9% and XLG returned +12.2%, so XLG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, CGBL or XLG?
- CGBL charges 0.33% a year and XLG charges 0.20%, so XLG is cheaper. Fees come from each fund's prospectus.
- How much do CGBL and XLG overlap with the S&P 500?
- By their latest filed holdings, 48% of CGBL and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 22% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CGBL against XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/CGBL-XLG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources