AVMA vs CGBL

AVMABAvantis Moderate Allocation ETF

CGBLCCapital Group Core Balanced ETF

In short

AVMA A one-ticket 65/35 balanced fund built entirely from Avantis' own ETFs, so the stock side leans toward cheaper, more profitable companies instead of simply tracking the market. All-in cost: 0.21%.

CGBL Capital Group's take on the 60/40: one ticket that owns both stocks and bonds, US and international, chasing balanced total return with an eye on preserving capital. Live since 2023 and already a multi-billion-dollar fund.

Stated mandate

AVMA The fund seeks long-term capital appreciation through a strategic allocation providing broad market exposure while emphasizing securities with higher expected returns.

CGBL The fund seeks balanced total return, including income and capital gains, while aiming to preserve capital over the long term.

Why people hold it

• AVMA Not a plain index blend: the equity sleeves emphasize securities with higher expected returns, which in Avantis language means tilting to value and profitability.sec.gov
• 0.21% covers both the wrapper and the underlying Avantis funds it holds, and sits near the typical moderate-allocation fee with no waiver propping it up.sec.gov
• Roughly 1,500 underlying positions across US stocks, foreign stocks and bonds from one ticker, with a 65/35 neutral mix managers rebalance back toward preset ranges. Pays quarterly.avantisinvestors.com

• CGBL One ticket, two asset classes: seeks balanced total return from income and capital gains while aiming to preserve capital over the long term, across US and international holdings.
• Holdings stay legible for a balanced fund: a compact lineup of roughly 70 positions rather than a sprawl of thousands.
• A multi-billion-dollar fund that trades actively, so getting in or out doesn't hinge on a thin order book.
• Distributions land quarterly inside a plain 1940 Act fund wrapper, which means 1099 season, not partnership K-1 paperwork.

Worth knowing

• AVMA AOR and AOM do the balanced-fund job for 0.15%, net of a waiver through November 30, 2026. The extra here buys the factor tilts, not a cheaper wrapper.
• Every holding is an Avantis fund, so this is one shop's read on value and profitability, and those tilts can trail a plain cap-weighted blend for long stretches.sec.gov
• A smaller, thinly traded fund that launched in 2023, so on any given trade the spread can cost more than the fee does.

• CGBL At 0.33% it runs above the typical moderate-allocation fund, and index-built rivals like AOM and AOR charge 0.20%.
• No index to hug. The mandate is an objective (balanced total return with capital preservation), so the stock-bond mix reflects manager judgment, not a rulebook.
• It launched in late 2023, a short history for a fund built to be held through cycles.

Full AVMA profile⁠

Full CGBL profile⁠