Which returned more over the last year, CGBL or EWZ?

In the year to Oct 28, 2026, with distributions reinvested, CGBL returned +7.1% and EWZ +13.7%.

Which is cheaper, CGBL or EWZ?

CGBL is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do CGBL and EWZ overlap with the S&P 500?

By their latest filed holdings, 48% of CGBL and 0% of EWZ by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

CGBL vs EWZ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, CGBL returned +7.1% to EWZ's +13.7%; 0% of their weight is in the same names.

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Net assets: $7.9bn on Oct 27, 2026 for Capital Group Core Balanced ETF, and $10.3bn on Oct 28, 2026 for iShares MSCI Brazil ETF.

CGBL on its own →EWZ on its own →

At a glance

+7.1%

CGBL total return, 1 year

+13.7%

EWZ total return, 1 year

0.33%

CGBL expense ratio

0.59%

EWZ expense ratio

Pair scorecard

CGBL costs 0.26 points a year less; their one-year returns differ by 6.6 points; EWZ is 1.4 times larger.

CGBL vs EWZ: Differences, Returns & Fees
Measure	CGBL	EWZ
Return
Measure	CGBL	EWZ
Total return, 1 year	+7.1%	+13.7%
Drawdown
Measure	CGBL	EWZ
Below its high	3.4%, high on Aug 13, 2026	25.4%, high on May 20, 2008
Benchmark
Measure	CGBL	EWZ
What it tracks	No index, actively managed	MSCI Brazil 25/50 Index
Cost and size
Measure	CGBL	EWZ
Expense ratio	0.33%	0.59%
Net assets, as of Oct 26, 2026	$7.9bn	$11.3bn
Holdings
Measure	CGBL	EWZ
Holdings in common	0%
Top ten holdings, share of the fund	59.3%	57.5%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, CGBL and EWZ hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first CGBL EWZ

Only in one fund ↓

Only in CGBL

Capital Group Core Plus Income ETF 23.27%

Capital Group Core Bond ETF 15.64%

Broadcom Inc 4.58%

Taiwan Semiconductor Manufacturing Co Ltd 3.49%

Alphabet Inc 2.79%

Micron Technology Inc 2.23%

Philip Morris International Inc 2.07%

Apple Inc 2.01%

Only in EWZ

NU HOLDINGS CLASS A 8.54%

PETROLEO BRASILEIRO PREF SA 8.45%

CIA VALE DO RIO DOCE SH 8.42%

ITAU UNIBANCO HOLDING PREF SA 8.20%

PETROLEO BRASILEIRO SA PETROBRAS 8.07%

BANCO BRADESCO PREF 3.39%

B3 BRASIL BOLSA BALCAO SA 3.27%

WEG 3.13%

Check overlap with more funds →

Side by side

CGBL Capital Group Core Balanced ETF EWZ iShares MSCI Brazil ETF

Where it sits Allocation ETF Stock ETF

Issuer Capital Group iShares

What it is Actively managed Tracks the MSCI Brazil

Total return, 1 year +7.1% +13.7%

Its benchmark over the same days +7.5% (VOO and AGG) not measured

Gap to its benchmark −0.4 pts vs VOO and AGG not measured

Expense ratio 0.33% 0.59%

Already in the S&P 500 48.1% 0.0%

Holdings 77 59

Net assets, CGBL as of Oct 27, 2026 and EWZ as of Oct 28, 2026 $7.9bn $10.3bn

CGBL and EWZ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

CGBL

Over the year to Oct 28, 2026 it returned +7.1% with distributions reinvested, against +7.5% for its benchmark, the 60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index.

CGBL is actively managed and tracks no index. 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 59.3%. It sat 3.4% below its high of Aug 13, 2026 on Oct 28, 2026.

EWZ

EWZ tracks the MSCI Brazil. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested. The prospectus expense ratio is 0.59% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 57.5%. It sat 25.4% below its high of May 20, 2008 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, CGBL or EWZ?: In the year to Oct 28, 2026, with distributions reinvested, CGBL returned +7.1% and EWZ +13.7%.
Which is cheaper, CGBL or EWZ?: CGBL is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do CGBL and EWZ overlap with the S&P 500?: By their latest filed holdings, 48% of CGBL and 0% of EWZ by weight is stocks the S&P 500 already holds.

Other comparisons

CGBL vs ILF CGBL vs FENI CGBL vs EZU CGBL vs VPL AOR vs EWZ EWZ vs PDBC EWZ vs XLRE EWZ vs XLB

Where to next

CGBL on its own →EWZ on its own →Hold both: look the portfolio through →Rankings →CGBL dividend history →CGBL holdings →EWZ dividend history →EWZ holdings →Standards and sources →

Sources and dates

CGBL filings on SEC EDGAR ↗

CGBL prospectus with the expense ratio (SEC) ↗

Capital Group page for CGBL ↗

EWZ filings on SEC EDGAR ↗

EWZ prospectus with the expense ratio (SEC) ↗

iShares page for EWZ ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, CGBL against EWZ, data as of Oct 28, 2026. https://etfiq.com/compare/any/cgbl-vs-ewz

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.