Capital Group Launches New U.S. Growth and U.S. Value Equity ETFs For Model Portfolio Builders, and First High Yield Bond ETF

Rhea-AI Summary

Capital Group has expanded its ETF offerings with three new active exchange-traded funds trading on the NYSE: Capital Group US Large Value ETF (CGVV), US Large Growth ETF (CGGG), and High Yield Bond ETF (CGHY). The $66B ETF manager now manages 25 ETFs in the U.S., with RIAs representing approximately 20% of its ETF business.

The new ETFs include the firm's first focused U.S. growth and large value equity strategies for model portfolio construction, plus its first high yield bond ETF, leveraging over $49B in high yield assets under management. Capital Group maintains its position as the fastest organically grown suite of active ETFs, commanding over 6% market share in active ETFs.

Positive

• ETF assets under management reached $66B, demonstrating strong market presence
• Expanded product lineup to 25 ETFs, including strategic new offerings in growth, value, and high yield
• Significant RIA channel penetration with 20% of ETF business
• Over 6% market share in active ETFs, maintaining position as fastest organically grown suite
• Leverages substantial experience with $49B in high yield assets under management

Negative

• None.

Insights

ETF & Asset Management Specialist

Capital Group expands ETF lineup with strategic products targeting model portfolio construction, showing strong momentum in the competitive active ETF space.

Capital Group's launch of three new ETFs marks a strategic expansion of their product lineup to 25 total ETFs with assets now reaching $66 billion. The introduction of focused US growth (CGGG) and value (CGVV) equity ETFs specifically addresses model portfolio construction needs, while their first high yield bond ETF (CGHY) leverages their $49 billion in existing high yield asset management experience.

This launch represents calculated positioning in the rapidly growing active ETF market, where Capital Group claims to be the fastest organically growing suite with 6% market share. Particularly noteworthy is their targeted approach toward registered investment advisors (RIAs), who already comprise 20% of their ETF business. The company clearly recognizes RIAs as power users of ETFs and is developing specialized offerings accordingly, including their RIA Insider platform with customizable marketing resources.

The expansion into style-specific equity ETFs (growth and value) is particularly timely as it provides building blocks for asset allocators who need precise exposure for constructing client portfolios. By emphasizing their active management approach, multiple manager system, and research capabilities, Capital Group is differentiating these products from lower-cost passive alternatives while capitalizing on the growing demand for active strategies in the efficient ETF wrapper.

The $66B ETF manager has grown its total suite of ETFs to 25 in the U.S., with registered investment advisors comprising a fifth of its overall ETF business

LOS ANGELES, June 26, 2025 /PRNewswire/ -- Capital Group, one of the world's largest and most experienced active investment managers, launched three new active exchange-traded funds (ETFs) that begin trading on the New York Stock Exchange (NYSE) today. These include the firm's first focused U.S. growth and large value equity strategies, designed for financial professionals constructing model portfolios for their clients, as well as its first high yield bond ETF.

The three new ETFs are:

• Capital Group US Large Value ETF (CGVV)
• Capital Group US Large Growth ETF (CGGG)
• Capital Group High Yield Bond ETF (CGHY)

"With today's launch, we've introduced two new U.S. equity ETFs that provide highly focused growth and value exposures for model portfolio builders, powered by Capital's active, distinct investment approach including our deep research capabilities and multiple manager system. We've also brought our high yield (HY) investing capabilities into the ETF wrapper, drawing on our extensive experience managing more than $49B in HY assets¹," said Scott Davis, Head of ETFs, Capital Group. "Following the launch of our ETF models earlier this year, this represents the next evolution of our ETF business in response to our clients' needs."

The launch of the three new strategies follows Capital crossing $66B in assets under management², with approximately one-fifth of the overall business driven by sales to registered investment advisors (RIAs)³.

"We know RIAs are one of the biggest users of ETFs in the industry and are increasingly interested in active strategies," said Eric Grey, Senior Vice President, Head of Financial Conglomerate and RIA Distribution, Capital Group. "Our two new equity ETFs, CGGG and CGVV, are our solution to the clear need we've heard from RIAs and other financial professionals for U.S. growth and value-focused strategies they can use as asset allocators and builds on our growing offering for RIAs in recent years, including our online tools and resources hub, RIA Insider."

Launched in 2020, the RIA Insider online platform provides access to curated insights and industry news, a community of peers and thought leaders, and specialized resources including portfolio analysis consultations and Marketing Lab, which allows RIAs to customize and share Capital's client-ready thought leadership articles with their clients, branded with the RIA's logo.

Capital Group now offers 25 ETFs in the U.S, and continues to be the fastest, organically grown suite of active ETFs in the market⁴, with over 6% market share of active ETFs.⁵ It also offers a line of all active Capital Group ETF model portfolios to help financial professionals and their clients pursue their long-term financial goals.

About Capital Group

Capital Group, home of American Funds, has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability since 1931.

As of March 31, 2025, Capital Group manages approximately $2.8 trillion in equity and fixed income assets for millions of individuals and institutional investors around the world. Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.

For more information, visit capitalgroup.com.

Media Contact:
Sarah Christiansen
Sarah.christiansen@capgroup.com

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Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and should not be considered advice, an endorsement or a recommendation.

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¹Source: Capital Group High Yield Fixed Income Assets Under Management, March 31, 2025.
²Source: Morningstar Direct. U.S. ETFs only as of May 31, 2025.
³Source: Broadridge Firm Sales as of February 22, 2022 through April 30, 2025.
⁴Source: Morningstar Direct. U.S. ETFs as of May 31, 2025.
⁵Source: Morningstar Direct. U.S. ETFs excluding Mutual Fund-to-ETF conversions (or ETFs that were converted from mutual funds) as of May 31, 2025.

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SOURCE Capital Group Companies

FAQ

What new ETFs did Capital Group launch in June 2025?

Capital Group launched three new ETFs: Capital Group US Large Value ETF (CGVV), US Large Growth ETF (CGGG), and High Yield Bond ETF (CGHY), all trading on the NYSE.

How much does Capital Group manage in ETF assets?

Capital Group manages $66B in ETF assets and offers a total of 25 ETFs in the U.S. market.

What percentage of Capital Group's ETF business comes from RIAs?

Approximately 20% of Capital Group's overall ETF business is driven by sales to registered investment advisors (RIAs).

What is Capital Group's market share in active ETFs?

Capital Group holds over 6% market share in active ETFs and is recognized as the fastest organically grown suite of active ETFs in the market.

How much does Capital Group manage in high yield assets?

Capital Group manages more than $49B in high yield assets, which supports their new High Yield Bond ETF offering.