Data as of Oct 28, 2026.
CGBL vs XOP: Differences, Returns & Fees
Over the year to Oct 28, 2026, CGBL returned +7.1% to XOP's +62.5%; 0% of their weight is in the same names.
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Net assets on Oct 27, 2026: $7.9bn for Capital Group Core Balanced ETF and $4.6bn for State Street SPDR S&P Oil & Gas Exploration & Production ETF.
Pair scorecard
CGBL costs 0.02 points a year less; their one-year returns differ by 55.4 points; CGBL is 1.7 times larger.
| Measure | CGBL | XOP |
|---|---|---|
| Return | ||
| Total return, 1 year | +7.1% | +62.5% |
| Drawdown | ||
| Below its high | 3.4%, high on Aug 13, 2026 | 24.8%, high on Jun 23, 2014 |
| Benchmark | ||
| What it tracks | No index, actively managed | S&P Oil & Gas Exploration & Production Select Industry Index |
| Cost and size | ||
| Expense ratio | 0.33% | 0.35% |
| Net assets, as of Oct 27, 2026 | $7.9bn | $4.6bn |
| Holdings | ||
| 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 Oct 27, 2026. Method
Risk and return
Oct 6, 2023 to Oct 23, 2026 · 159 weekly returnsCGBL and XOP returned about the same: +55.6% and +55.0%. CGBL swung less: 10.4% to 28.5%. CGBL fell less at its worst: −10.0% to −31.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | CGBL | XOP | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +55.6% | +55.0% | Tie | Price change plus distributions, reinvested. |
| Annualized | +15.6% | +15.4% | Tie | Total return as a yearly rate. |
| Price return | +46.8% | +44.6% | CGBL (slight) | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 10.4% | 28.5% | CGBL | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 6.7% | 20.8% | CGBL | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −10.0% | −31.9% | CGBL | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 1.02 | 0.49 | CGBL | Return above Treasury bills per unit of volatility. |
| Sortino | 1.58 | 0.67 | CGBL | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.55 | 0.48 | CGBL | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 159 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, CGBL and XOP hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
CGBL and XOP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
No client brief for this pair: the two funds' holdings are dated 119 days apart.
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.
XOP
XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Oct 28, 2026 it returned +62.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. It sat 24.8% below its high of Jun 23, 2014 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, CGBL or XOP?
- In the year to Oct 28, 2026, with distributions reinvested, CGBL returned +7.1% and XOP +62.5%.
- Which is cheaper, CGBL or XOP?
- CGBL is cheaper, by 0.02 percentage points a year. That is about $2 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.
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ETFIQ, CGBL against XOP, data as of Oct 28, 2026. https://etfiq.com/compare/any/cgbl-vs-xop
ETFIQ. (Oct 28, 2026). CGBL against XOP. Retrieved from https://etfiq.com/compare/any/cgbl-vs-xop
[CGBL against XOP (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/cgbl-vs-xop)
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