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ETF comparison

CGCP vs SPMB

Both US Aggregate Bond.

Capital Group Core Plus Income ETF · State Street SPDR Portfolio Mortgage Backed Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
3.8 %

40 positions appear in both funds. Buying equal dollars of CGCP and SPMB would leave roughly 3.8% of each dollar exposed to the same underlying securities.

CGCP unmatched 95.6% Shared 3.8% SPMB unmatched 94.3%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In CGCP only
1,419 positions
Shared
40 positions
In SPMB only
2,659 positions

Side by side

CGCP

Capital Group Core Plus Income ETF

Capital Group · US Aggregate Bond

73 composite / 100
Expense ratio
0.34%
Net assets
$8.32B
TTM yield
5.25%
Top-10 conc.
20.5%
SPMB

State Street SPDR Portfolio Mortgage Backed Bond ETF

State Street · US Aggregate Bond

87 composite / 100
Expense ratio
0.040%
Net assets
$6.82B
TTM yield
4.27%
Top-10 conc.
6.6%

Sub-score comparison

66
Cost
96
50
Tax efficiency
52
97
Liquidity
93
85
Concentration
100
—
Tracking quality
—
CGCP sub-score SPMB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPMB is 30 bps cheaper than CGCP. On a $100,000 position that's about $300/yr more in fees for CGCP.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with CGCP vs SPMB.

Top shared holdings

40 shared in total
# Holding In CGCP In SPMB Overlap
1 UMBS, TBA 0.75% 0.63% 0.63%
2 Freddie Mac 0.50% 0.55% 0.50%
3 UMBS, TBA 0.46% 0.45% 0.45%
4 Freddie Mac 0.45% 0.44% 0.44%
5 UMBS, TBA 2.01% 0.32% 0.32%
6 UMBS, TBA 1.27% 0.29% 0.29%
7 UMBS, TBA 0.80% 0.20% 0.20%
8 UMBS, TBA 0.14% 0.26% 0.14%
9 Freddie Mac 0.41% 0.12% 0.12%
10 UMBS, TBA 0.10% 0.20% 0.10%
11 UMBS, TBA 0.10% 0.46% 0.10%
12 Fannie Mae 0.08% 0.07% 0.07%

Only in CGCP

1,419 total
  • United States Treasury 4.35%
  • United States Treasury 3.27%
  • United States Treasury 1.73%
  • United States Treasury 1.63%
  • United States Treasury 1.59%
  • United States Treasury 1.58%
  • United States Treasury 1.48%
  • Fannie Mae 1.45%
  • UMBS, TBA 1.40%
  • United States Treasury 1.19%

Only in SPMB

2,659 total
  • Freddie Mac 1.17%
  • Fannie Mae 0.79%
  • Freddie Mac 0.76%
  • Freddie Mac 0.61%
  • Government National Mortgage Association 0.55%
  • Fannie Mae 0.51%
  • Fannie Mae 0.49%
  • Fannie Mae 0.47%
  • Fannie Mae 0.45%
  • Government National Mortgage Association 0.44%

Percentages are holdings overlap with the named fund.

Open CGCP or SPMB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.