CGBL vs QUAL: Holdings Overlap
CGBLCapital Group Core Balanced ETF
Capital Group · 73 holdings · $7.5B · as of 2026-03-31
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
Holdings snapshots are 30 days apart (CGBL: 2026-03-31, QUAL: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are CGBL and QUAL?
Capital Group Core Balanced ETF (CGBL, by Capital Group) holds 73 positions; iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121. They have 15 holdings in common, and by portfolio weight the two funds are 14.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15CGBL holds 73 · QUAL holds 121
- Weight in Shared Holdings
- CGBL 16%·QUAL 41%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in CGBL
58 of 73 positions (82.3% of the fund) are not held by QUAL. Showing the top 30 by weight.
Only in QUAL
106 of 121 positions (58.4% of the fund) are not held by CGBL. Showing the top 30 by weight.
Sector Breakdown
| Sector | CGBL | QUAL |
|---|---|---|
| Information Technology | 16.3% | 34.4% |
| Financials | 9.0% | 11.6% |
| Communication Services | 4.5% | 11.0% |
| Industrials | 10.2% | 9.4% |
| Consumer Discretionary | 5.8% | 9.8% |
| Other Sectors | 16.2% | 23.6% |
| Unclassified | 36.1% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (37% of CGBL, 0% of QUAL).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CGBL | +2.1% | +9.5% | +16.6% | — | — | — | 1.83% |
| QUAL | +3.6% | +14.1% | +23.7% | +19.0% | +11.5% | +14.4% | 0.84% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in CGBL vs QUAL →
Shared Holdings(15)
The top 10 shared positions account for 85% of the overlap, led by MSFT, GOOG and AAPL.
 MSFTMicrosoft Corp. COM | 2.78% | 5.04% | 2.78% |
|---|---|---|---|
 GOOGAlphabet Inc. CAP STK CL C | 2.49% | 2.11% | 2.11% |
 AAPLApple Inc. COM | 1.45% | 6.27% | 1.45% |
 NVDANVIDIA Corp. COM | 1.33% | 6.50% | 1.33% |
 METAMeta Platforms, Inc., Class A | 1.21% | 3.49% | 1.21% |
 MAMasterCard Incorporated CL A | 0.85% | 2.30% | 0.85% |
 VVisa, Inc., Class A | 0.84% | 3.08% | 0.84% |
 LLYEli Lilly & Co. COM | 0.68% | 2.92% | 0.68% |
 CATCaterpillar Inc COM | 0.61% | 2.52% | 0.61% |
 UNHUnitedHealth Group Inc. COM | 0.59% | 1.02% | 0.59% |
 DHID.R. Horton, Inc. COM | 0.52% | 0.76% | 0.52% |
 KLACKLA Corp. COM NEW | 0.49% | 2.78% | 0.49% |
 COSTCostco Wholesale Corporation COM | 0.42% | 1.31% | 0.42% |
 VRTXVertex Pharmaceuticals Incorporated COM | 1.25% | 0.42% | 0.42% |
 NKENIKE, Inc., Class B | 0.35% | 0.93% | 0.35% |
Frequently Asked Questions
How much do CGBL and QUAL overlap?
CGBL and QUAL overlap by 14.6% of portfolio weight. They share 15 holdings (CGBL holds 73 positions and QUAL holds 121), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CGBL and QUAL?
The two portfolios are 14.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of CGBL and QUAL?
The largest positions held by both funds are MSFT, GOOG, AAPL, NVDA and META. Together the top 10 shared positions account for 85% of the total overlap.
What does CGBL own that QUAL doesn't?
58 positions (82.3% of CGBL) are unique to CGBL, led by CGCP, CGCB and AVGO. In the other direction, 106 positions (58.4% of QUAL) are unique to QUAL.