CGBL vs TCAF: Holdings Overlap
CGBLCapital Group Core Balanced ETF
Capital Group · 73 holdings · $7.5B · as of 2026-03-31
TCAFT. Rowe Price Capital Appreciation Equity ETF
T. Rowe Price · 92 holdings · $8.3B · as of 2026-03-31
How similar are CGBL and TCAF?
Capital Group Core Balanced ETF (CGBL, by Capital Group) holds 73 positions; T. Rowe Price Capital Appreciation Equity ETF (TCAF, by T. Rowe Price) holds 92. They have 28 holdings in common, and by portfolio weight the two funds are 23.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 28CGBL holds 73 · TCAF holds 92
- Weight in Shared Holdings
- CGBL 33%·TCAF 52%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
45 of 73 positions (65.0% of the fund) are not held by TCAF. Showing the top 30 by weight.
Sector Breakdown
| Sector | CGBL | TCAF |
|---|---|---|
| Information Technology | 16.3% | 30.5% |
| Health Care | 6.1% | 17.6% |
| Consumer Discretionary | 5.8% | 12.1% |
| Industrials | 10.2% | 5.0% |
| Utilities | 0.7% | 10.2% |
| Other Sectors | 22.9% | 21.1% |
| Unclassified | 36.1% | 3.3% |
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, 3% of TCAF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CGBL | +2.1% | +9.5% | +16.6% | — | — | — | 1.83% |
| TCAF | +3.1% | +12.1% | +18.5% | +18.6% | — | — | 0.45% |
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 TCAF →
Shared Holdings(28)
The top 10 shared positions account for 63% of the overlap, led by AVGO, MSFT and AAPL.
 AVGOBroadcom Inc COM | 4.16% | 3.08% | 3.08% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 2.78% | 7.12% | 2.78% |
 AAPLApple Inc. COM | 1.45% | 5.95% | 1.45% |
 TSMTaiwan Semiconductor Manufacturing Co., Ltd. SPONSORED ADS | 3.05% | 1.42% | 1.42% |
 NVDANVIDIA Corp. COM | 1.33% | 5.34% | 1.33% |
 METAMeta Platforms, Inc., Class A | 1.21% | 3.93% | 1.21% |
 CNQCanadian Natural Resources Limited COM NPV | 0.99% | 1.12% | 0.99% |
 MAMasterCard Incorporated CL A | 0.85% | 1.43% | 0.85% |
 VVisa, Inc., Class A | 0.84% | 1.43% | 0.84% |
 AMZNAmazon.com, Inc. COM | 0.76% | 6.40% | 0.76% |
 MUMicron Technology Inc. COM | 0.84% | 0.70% | 0.70% |
 LLYEli Lilly & Co. COM | 0.68% | 1.44% | 0.68% |
 AJGArthur J. Gallagher & Co. | 0.88% | 0.68% | 0.68% |
 SBUXStarbucks Corp. COM | 0.68% | 1.41% | 0.68% |
 GEGeneral Electric Co. | 0.59% | 0.86% | 0.59% |
 JPMJPMorgan Chase & Co. COM | 0.59% | 1.67% | 0.59% |
 UNHUnitedHealth Group Inc. COM | 0.59% | 2.03% | 0.59% |
 ALNYAlnylam Pharmaceuticals Inc. COM | 0.52% | 0.79% | 0.52% |
 IRIngersoll Rand Inc COM | 0.51% | 1.37% | 0.51% |
 TMOThermo Fisher Scientific Inc COM | 0.51% | 0.83% | 0.51% |
 KLACKLA Corp. COM NEW | 0.49% | 0.56% | 0.49% |
 PMPhilip Morris International Inc. COM | 2.42% | 0.48% | 0.48% |
 GILDGilead Sciences Inc. COM | 1.08% | 0.35% | 0.35% |
 BKNGBooking Holdings Inc COM | 1.11% | 0.35% | 0.35% |
 COPConocoPhillips COM | 0.57% | 0.35% | 0.35% |
Frequently Asked Questions
How much do CGBL and TCAF overlap?
CGBL and TCAF overlap by 23.4% of portfolio weight. They share 28 holdings (CGBL holds 73 positions and TCAF holds 92), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CGBL and TCAF?
The two portfolios are 23.4% 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 TCAF?
The largest positions held by both funds are AVGO, MSFT, AAPL, TSM and NVDA. Together the top 10 shared positions account for 63% of the total overlap.
What does CGBL own that TCAF doesn't?
45 positions (65.0% of CGBL) are unique to CGBL, led by CGCP, CGCB and RGLD. In the other direction, 64 positions (48.2% of TCAF) are unique to TCAF.