ETF Evaluator:
Capital Group Core Equity ETF ()
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(as of Aug 26)
Best Performing in Large Blend Over the Last Year
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| 31.8% | Astoria US Equal Weight Quality KingsETF (ROE) |
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ETF Details
Capital Group Core Equity ETF Overview
Capital Group Core Equity ETF (CGUS) is an actively managed U.S. Equity Large Blend exchange-traded fund (ETF). Capital Group launched the ETF in 2022.
The investment seeks to achieve long-term growth of capital and income.
The fund invests primarily in common stocks of companies that the investment adviser believes demonstrate the potential for appreciation and/or dividends. The fund normally invests at least 80% of its assets in equity securities. It may invest up to 15% of its assets, at the time of purchase, in securities of issuers domiciled outside the United States. The fund is designed for investors seeking both capital appreciation and income. It is non-diversified.
About Capital Group Core Equity ETF (CGUS)
There are 7 members of the management team with an average tenure of 1.91 years: Cheryl Frank (2026), Martin Jacobs (2026), Caroline Jones (2024), Charles Ellwein (2022), Jessica Spaly (2026), Brad Barrett (2026) and J. Frank (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. Capital Group Core Equity ETF has 73 securities in its portfolio. The top 10 holdings constitute 41.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Capital Group Core Equity ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Capital Group Core Equity ETF has 7.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 90.7% There is 7.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Capital Group Core Equity ETF has 2.3% of the portfolio in cash.
Assets Under Management
The fund has $11 billion in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
CGUS Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Capital Group Core Equity ETF expense ratio is below average compared to funds in the Large Blend category. Capital Group Core Equity ETF has an expense ratio of 0.33%, which is 20% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Capital Group Core Equity ETF has a portfolio turnover rate of 16%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.
Recently, in the month of July 2026, Capital Group Core Equity ETF returned 0.4%, which earned it a grade of B, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Capital Group Core Equity ETF has a trailing yield of 0.83%, which is below the 1.16% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Capital Group Core Equity ETF Grades
Year to date, the ETF has returned 11.6%, 2.1 percentage points better than the category, which translates into a grade of B. The fund has returned 18.1% over the past year (grade of C) and 20.2% over the past three years (grade of A).
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CGUS Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CGUS Return (NAV) | 0.4% | 5.2% | 18.1% | 20.2% | na | na |
| CGUS Return (Price) | 0.5% | 5.2% | 18.1% | 20.2% | na | na |
| NAV +/- Price Return | -0.068% | -0.022% | 0.009% | 0.028% | na | na |
| Large Blend Avg | -0.8% | 3.7% | 17.5% | 17.4% | 11.2% | 13.6% |
| CGUS Grade (NAV) | B | B | C | A | na | na |
| +/- Category (NAV) | 1.2% | 1.5% | 0.6% | 2.8% | na | na |
| CGUS Tax-Cost Ratio | na | na | 0.4% | 0.3% | na | na |
CGUS Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CGUS Return (NAV) | 11.6% | 16.3% | 24.8% | 27.6% | na | na | na | na | na | na | na |
| CGUS Return (Price) | 11.6% | 16.2% | 24.9% | 27.7% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.005% | -0.003% | 0.002% | 0.003% | na | na | na | na | na | na | na |
| Large Blend Avg | 9.5% | 15.3% | 21.9% | 22.9% | -17.1% | 26.9% | 18.3% | 29.6% | -5.1% | 21.5% | 11.4% |
| CGUS Grade (NAV) | B | C | B | A | na | na | na | na | na | na | na |
| +/- Category | 2.1% | 0.9% | 2.9% | 4.8% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.95 |
| R-Squared: | 95% |
| Standard Deviation: | 12.7% |
| Category Risk Index: | 0.94 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 1.03 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 0.8% |
| Total Assets: | $ 11,595 Mil |
| Share Class Assets: | $ 11,595 Mil |
| Turnover: | 16.0% |
| Expense Ratio: | 0.33% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 7 | |||
| Longest Tenure: 4.4 years | |||
| Average Tenure: 1.9 years | |||
| Managers (Year): Ellwein Charles (2022), Frank J. (2022), Jones Caroline (2024), Spaly Jessica (2026), Barrett Brad (2026), Frank Cheryl (2026), Jacobs Martin (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 73 |
| % in Top 10 Holdings: | 41.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 7.0% |
Portfolio Allocation |
|
| Domestic Stock: | 90.7% |
| Foreign Stock: | 7.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Capital Group |
| Phone Number: | 800-421-4225 |
| Website: | |
| Inception Date: | February 22, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.33% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.41% |
