Data as of Oct 28, 2026.
CGBL vs MTUM: Differences, Returns & Fees
Over the year to Oct 28, 2026, CGBL returned +7.1% to MTUM's +18.4%; 12% of their weight is in the same names.
askIQ about this page
askIQ about CGBL and MTUM
Net assets on Oct 27, 2026: $7.9bn for Capital Group Core Balanced ETF and $18.7bn for iShares MSCI USA Momentum Factor ETF.
Pair scorecard
MTUM costs 0.18 points a year less; their one-year returns differ by 11.3 points; MTUM is 2.4 times larger.
| Measure | CGBL | MTUM |
|---|---|---|
| Return | ||
| Total return, 1 year | +7.1% | +18.4% |
| Drawdown | ||
| Below its high | 3.4%, high on Aug 13, 2026 | 11.9%, high on Jun 22, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | MSCI USA Momentum SR Variant Index |
| Cost and size | ||
| Expense ratio | 0.33% | 0.15% |
| Net assets, as of Oct 27, 2026 | $7.9bn | $18.7bn |
| Holdings | ||
| Holdings in common | 12% | |
| Top ten holdings, share of the fund | 59.3% | 35.5% |
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 MTUM hold 12% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
12% in common
Only in one fund ↓
Side by side
CGBL and MTUM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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.
MTUM
MTUM tracks the MSCI USA Momentum Factor. Over the year to Oct 28, 2026 it returned +18.4% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 126 positions, with the top ten at 35.5%. It sat 11.9% below its high of Jun 22, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, CGBL or MTUM?
- In the year to Oct 28, 2026, with distributions reinvested, CGBL returned +7.1% and MTUM +18.4%.
- Which is cheaper, CGBL or MTUM?
- MTUM is cheaper, by 0.18 percentage points a year. That is about $18 on $10,000 held for a year. Fees come from each fund's prospectus.
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 MTUM, data as of Oct 28, 2026. https://etfiq.com/compare/any/cgbl-vs-mtum
ETFIQ. (Oct 28, 2026). CGBL against MTUM. Retrieved from https://etfiq.com/compare/any/cgbl-vs-mtum
[CGBL against MTUM (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/cgbl-vs-mtum)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.