Capital Group Equity ETF Trust I

12/31/2025 | Press release | Distributed by Public on 12/31/2025 08:46

Summary Prospectus by Investment Company (Form 497K)

Capital Group Equity ETF Trust I

Prospectus Supplement

January 1, 2026

For the following funds with the most recent summary and statutory prospectuses:

Capital Group U.S. Large Value ETF (CGVV)

Capital Group U.S. Small and Mid Cap ETF (CGMM)

1. The table under the heading "Portfolio managers" in the "Management" section of the summary portion of the prospectus for Capital Group U.S. Large Value ETF is amended to read as follows:
Portfolio manager/
Fund title (if applicable)
Portfolio manager
in this fund since:
Primary title
with investment adviser
Christopher D. Buchbinder 2025 Partner - Capital Research Global Investors
Charles E. Ellwein President 2025 Partner - Capital Research Global Investors
Brittain Ezzes 2025 Partner - Capital Research Global Investors

2. The table under the heading "Portfolio managers" in the "Management" section of the summary portion of the prospectus for Capital Group U.S. Small and Mid Cap ETF is amended to read as follows:

Portfolio manager/
Fund title (if applicable)
Portfolio manager
in this fund since:
Primary title
with investment adviser
Matt Hochstetler 2025 Partner - Capital World Investors
M. Taylor Hinshaw 2026 Partner - Capital World Investors
Roz Hongsaranagon President 2025 Partner - Capital World Investors
Andraz Razen 2025 Partner - Capital World Investors

3. The following is added to the section titled "The Capital SystemTM" in the "Management and organization" section of the statutory prospectus for the funds listed above:

M. Taylor Hinshaw, Partner, Capital World Investors, serves as an equity portfolio manager for Capital Group U.S. Small and Mid Cap ETF. Taylor has been an investment professional since 2002 (all with Capital Research and Management Company or affiliate). He has been managing in the fund since 2026.

M. Taylor Hinshaw no longer manages money in Capital Group U.S. Large Value ETF and Dimitrije M. Mitrinovic no longer manages money in Capital Group U.S. Small and Mid Cap ETF.

Keep this supplement with your summary and statutory prospectuses.

Lit. No. ETGESU-011-0126P CGD/10039-S109183

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