Data as of Oct 28, 2026.
CGCP vs SMTH: Differences, Returns & Fees
CGCP's duration was 6.1 years on Jun 30, 2026 and SMTH's 6.2 on May 31, 2026; CGCP charges 0.34% to SMTH's 0.59%.
askIQ about this page
askIQ about CGCP and SMTH
Net assets: $8.6bn on Oct 27, 2026 for Capital Group Core Plus Income ETF, and $2.7bn on May 31, 2026 for ALPS Smith Core Plus Bond ETF.
Pair scorecard
CGCP costs 0.25 points a year less; their one-year returns differ by 0.3 points.
| Measure | CGCP | SMTH |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.4% | −1.7% |
| Benchmark | ||
| What it tracks | No index, actively managed | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.34% | 0.59% |
| Net assets, CGCP as of Oct 27, 2026 and SMTH as of May 31, 2026 | $8.6bn | $2.7bn |
| Holdings | ||
| Holdings in common | 6% | |
Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026. Method
Risk and return
Dec 15, 2023 to Oct 23, 2026 · 149 weekly returns · each against AGGCGCP returned slightly more: +9.5% to +9.1%. CGCP and SMTH swung about the same: 4.6% and 4.6%. CGCP fell slightly less at its worst: −4.4% to −4.6%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | CGCP | SMTH | AGG | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +9.5% | +9.1% | CGCP (slight) | Price change plus distributions, reinvested. | |
| Annualized | +3.2% | +3.1% | CGCP (slight) | Total return as a yearly rate. | |
| Price return | −5.2% | −4.1% | SMTH | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 4.6% | 4.6% | Tie | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 3.4% | 3.4% | Tie | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −4.4% | −4.6% | CGCP (slight) | Deepest fall from a high to the low after it. | |
| Upside capture | 95.5% | 96.9% | 100.0% | Tie | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 92.6% | 94.8% | 100.0% | CGCP (slight) | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.93 | 0.93 | 1.00 | Tie | How far it moves for each 1% its benchmark moves. |
| R squared | 0.94 | 0.97 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | −0.24 | −0.28 | CGCP | Return above Treasury bills per unit of volatility. | |
| Sortino | −0.33 | −0.37 | CGCP | Return above Treasury bills per unit of downside deviation. | |
| Treynor | −0.012 | −0.014 | −0.016 | CGCP | Return above Treasury bills per unit of beta. |
| Calmar | 0.73 | 0.67 | CGCP (slight) | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | AGG | AGG | AGG | The ETF each fund is measured against. | |
| Alpha | +0.3% a year | +0.2% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.48 | 0.37 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −1.0% to +1.6% | −0.8% to +1.2% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | 0.36 | 0.32 | CGCP | Return against its benchmark per unit of tracking error. | |
| Tracking error | 1.2% | 0.9% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 149 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, CGCP and SMTH hold 6% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.
half
6% in common
Only in one fund ↓
Side by side
CGCP and SMTH on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
CGCP and SMTH are built for the same job. How do they differ in cost, holdings and results?
- Holdings in common. 6% of the weight is in the same securities (holdings dated Jun 30, 2026 and May 31, 2026).
- Cost. CGCP charges 0.34% of assets a year and SMTH 0.59%, a gap of 0.25 points.
- What each follows (similar). Both follow No index, actively managed.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
CGCP
CGCP is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.34% a year.
SMTH
SMTH is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.7% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.59% a year.
Questions people ask
- Which returned more over the last year, CGCP or SMTH?
- In the year to Oct 28, 2026, with distributions reinvested, CGCP returned −1.4% and SMTH −1.7%.
- Which is cheaper, CGCP or SMTH?
- CGCP is cheaper, by 0.25 percentage points a year. That is about $25 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, CGCP against SMTH, data as of Oct 28, 2026. https://etfiq.com/compare/any/cgcp-vs-smth
ETFIQ. (Oct 28, 2026). CGCP against SMTH. Retrieved from https://etfiq.com/compare/any/cgcp-vs-smth
[CGCP against SMTH (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/cgcp-vs-smth)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.