BAI vs. CGGO

Last updated Jul 21, 2026

BAI (iShares A.I. Innovation and Tech Active ETF) and CGGO (Capital Group Global Growth Equity ETF) are both exchange-traded funds - BAI is a Technology Equities fund actively managed by iShares, while CGGO is a Global Equities fund actively managed by Capital Group. Both are actively managed. Over the past year, BAI returned 44.38% vs 22.52% for CGGO. Their correlation of 0.85 suggests significant overlap in exposure. BAI charges 0.55%/yr vs 0.47%/yr for CGGO.

Performance

BAI vs. CGGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares A.I. Innovation and Tech Active ETF (BAI) and Capital Group Global Growth Equity ETF (CGGO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAI achieves a 28.23% return, which is significantly higher than CGGO's 12.61% return.

BAI

• 1D: 0.28%
• 1M: -19.74%
• 6M: 22.35%
• YTD: 28.23%
• 1Y: 44.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 37.83%

CGGO

• 1D: -0.26%
• 1M: -8.08%
• 6M: 7.76%
• YTD: 12.61%
• 1Y: 22.52%
• 3Y*: 18.07%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAI vs. CGGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BAI iShares A.I. Innovation and Tech Active ETF	28.23%	25.22%	8.89%
CGGO Capital Group Global Growth Equity ETF	12.61%	21.08%	-3.09%

Correlation

The correlation between BAI and CGGO is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Oct 22, 2024	0.85

The correlation between BAI and CGGO has been stable across timeframes, ranging from 0.85 to 0.85 - a consistent structural relationship.

BAI vs. CGGO - Sectors Allocation Comparison

Sectors	BAI	CGGO
Technology	90.5%	39.6%
Industrials	4.8%	15.8%
Communication Services	3.0%	7.6%
Consumer Cyclical	1.6%	8.2%
Healthcare	0.7%	9.0%
Basic Materials	-	2.6%
Consumer Defensive	-	3.8%
Energy	-	1.5%
Financial Services	-	10.1%
Real Estate	-	-
Utilities	-	0.9%

Return for Risk

BAI vs. CGGO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAI

BAI Risk / Return Rank: 45
BAI Sharpe Ratio Rank: 41
BAI Sortino Ratio Rank: 39
BAI Omega Ratio Rank: 40
BAI Calmar Ratio Rank: 55
BAI Martin Ratio Rank: 50

CGGO

CGGO Risk / Return Rank: 45
CGGO Sharpe Ratio Rank: 42
CGGO Sortino Ratio Rank: 41
CGGO Omega Ratio Rank: 43
CGGO Calmar Ratio Rank: 44
CGGO Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAI vs. CGGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares A.I. Innovation and Tech Active ETF (BAI) and Capital Group Global Growth Equity ETF (CGGO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BAI	CGGO	Difference
Sharpe ratio: Return per unit of total volatility	1.11	1.14	-0.04
Sortino ratio: Return per unit of downside risk	1.57	1.64	-0.08
Omega ratio: Gain probability vs. loss probability	1.21	1.22	-0.01
Calmar ratio: Return relative to maximum drawdown	2.08	1.72	+0.35
Martin ratio: Return relative to average drawdown	6.22	6.95	-0.73

BAI vs. CGGO - Sharpe Ratio Comparison

The current BAI Sharpe Ratio is 1.11, which is comparable to the CGGO Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of BAI and CGGO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BAI vs. CGGO - Drawdown Comparison

The maximum BAI drawdown since its inception was -34.09%, which is greater than CGGO's maximum drawdown of -24.90%. Use the drawdown chart below to compare losses from any high point for BAI and CGGO.

Drawdown Indicators

	BAI	CGGO	Difference
Max Drawdown Largest peak-to-trough decline	-34.09%	-24.90%	-9.19%
Max Drawdown (1Y) Largest decline over 1 year	-21.48%	-13.15%	-8.33%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.93%	—
Current Drawdown Current decline from peak	-21.26%	-8.38%	-12.88%
Average Drawdown Average peak-to-trough decline	-7.11%	-5.44%	-1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.15%	3.25%	+3.90%

Volatility

BAI vs. CGGO - Volatility Comparison

iShares A.I. Innovation and Tech Active ETF (BAI) has a higher volatility of 18.75% compared to Capital Group Global Growth Equity ETF (CGGO) at 8.09%. This indicates that BAI's price experiences larger fluctuations and is considered to be riskier than CGGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAI	CGGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.75%	8.09%	+10.66%
Volatility (6M) Calculated over the trailing 6-month period	34.83%	17.76%	+17.07%
Volatility (1Y) Calculated over the trailing 1-year period	40.28%	19.81%	+20.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.51%	19.08%	+19.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.51%	19.08%	+19.43%

BAI vs. CGGO - Expense Ratio Comparison

BAI has a 0.55% expense ratio, which is higher than CGGO's 0.47% expense ratio.

Dividends

BAI vs. CGGO - Dividend Comparison

BAI's dividend yield for the trailing twelve months is around 1.39%, more than CGGO's 1.02% yield.

Position	TTM	2025	2024	2023	2022
BAI iShares A.I. Innovation and Tech Active ETF	1.39%	1.80%	0.00%	0.00%	0.00%
CGGO Capital Group Global Growth Equity ETF	1.02%	2.03%	1.10%	0.76%	0.59%

Frequently Asked Questions

Can I hold both BAI and CGGO in my portfolio?

BAI and CGGO have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BAI or CGGO?

BAI has higher volatility (18.75%) compared to CGGO (8.09%). In terms of maximum drawdown, BAI dropped -34.09% vs CGGO's -24.90%.

Which ETF is better, BAI or CGGO?

On 1-year performance, BAI leads with 44.38% vs 22.52% for CGGO. On fees, CGGO is cheaper at 0.47% per year. On volatility, CGGO has been the lower-risk option at 8.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BAI or CGGO?

Over the 1-year period, BAI has performed better with a 44.38% return vs 22.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BAI or CGGO?

CGGO is cheaper with a 0.47% expense ratio, compared with 0.55% for BAI.

Which ETF pays a higher dividend yield, BAI or CGGO?

BAI has the higher dividend yield at 1.39%, compared with 1.02% for CGGO.

What is the main difference between BAI and CGGO?

BAI is categorized as Technology Equities, while CGGO is Global Equities. They also come from different issuers: iShares and Capital Group. Their fees differ too: 0.55% for BAI and 0.47% for CGGO.

Which has better risk-adjusted returns?

CGGO currently has the higher Sharpe Ratio (1.14 vs 1.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.