Active ETFs Soar to 90% of March Flows, Lift Capital Group Core ETF

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Active ETFs captured 90% of net new ETF investments in March, marking a structural shift in fund flows. Capital Group’s newly launched Core Equity ETF (CGUS) joined CGDV in translating its multi-manager equity and income strategies into actively managed ETF assets.

1. Active ETF Flow Surge

Flow data show active ETFs attracted 90% of net new ETF assets in March, reversing the longstanding dominance of index funds and highlighting investor demand for human-guided management.

2. CGUS Debut and Strategy

Capital Group launched its Core Equity ETF (CGUS) in Q1 2026, leveraging its multi-manager equity framework and diversified exposures at a competitive fee to translate traditional mutual fund strategies into an ETF wrapper.

3. Competitive Landscape

CGUS joins Capital Group’s CGDV in competing with established active ETFs such as JPMorgan’s JEPI and JEPQ, offering investors alternative income and equity premium strategies under an actively managed structure.

4. Growth Outlook for CGUS

Continued structural shifts in ETF flows suggest CGUS assets could expand as investors seek active equity solutions, with potential to scale toward levels achieved by leading active ETF peers over the next year.

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