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

In the year to Oct 28, 2026, with distributions reinvested, CGBL returned +7.1% and VTEB −0.4%.

Which is cheaper, CGBL or VTEB?

VTEB is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

CGBL vs VTEB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, CGBL returned +7.1% to VTEB's −0.4%; 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 $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

CGBL on its own →VTEB on its own →

At a glance

+7.1%

CGBL total return, 1 year

−0.4%

VTEB total return, 1 year

0.33%

CGBL expense ratio

0.03%

VTEB expense ratio

Pair scorecard

VTEB costs 0.30 points a year less; their one-year returns differ by 7.5 points; VTEB is 6.4 times larger.

CGBL vs VTEB: Differences, Returns & Fees
Measure	CGBL	VTEB
Return
Measure	CGBL	VTEB
Total return, 1 year	+7.1%	−0.4%
Drawdown
Measure	CGBL	VTEB
Below its high	3.4%, high on Aug 13, 2026
Benchmark
Measure	CGBL	VTEB
What it tracks	No index, actively managed	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	CGBL	VTEB
Expense ratio	0.33%	0.03%
Net assets, as of Sep 30, 2026	$7.7bn	$49.6bn
Holdings
Measure	CGBL	VTEB
Holdings in common	0%
In the S&P 500, by weight	48%
Top ten holdings, share of the fund	59.3%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first CGBL VTEB

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 VTEB

Vanguard Municipal Low Duration Fund 0.69%

State of California 0.15%

State of California 0.14%

New York State Dormitory Authority 0.13%

State of Illinois 0.12%

Ohio State University 0.12%

City of New York NY 0.10%

State of Wisconsin 0.10%

Check overlap with more funds →

Side by side

CGBL Capital Group Core Balanced ETF VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Allocation ETF Bond ETF

Issuer Capital Group Vanguard

What it is Actively managed Tracks an index of Tax-Exempt Bond

Total return, 1 year +7.1% −0.4%

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% 0.03%

Holdings 77 11155

Net assets, CGBL as of Oct 27, 2026 and VTEB as of Sep 30, 2026 $7.9bn $49.6bn

CGBL and VTEB 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.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, CGBL or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, CGBL returned +7.1% and VTEB −0.4%.
Which is cheaper, CGBL or VTEB?: VTEB is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

CGBL vs MUB CGBL vs HYMB CGBL vs IUSB CGBL vs VCIT AOR vs VTEB PDBC vs VTEB VTEB vs XLRE VTEB vs XLB

Where to next

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

Sources and dates

CGBL filings on SEC EDGAR ↗

CGBL prospectus with the expense ratio (SEC) ↗

Capital Group page for CGBL ↗

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

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 VTEB, data as of Oct 28, 2026. https://etfiq.com/compare/any/cgbl-vs-vteb

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