CGCV vs. CGGE

Last updated Aug 2, 2026

CGCV (Capital Group Conservative Equity ETF) and CGGE (Capital Group Global Equity ETF) are both exchange-traded funds - CGCV is a Large Cap Value Equities fund actively managed by Capital Group, while CGGE is a Global Equities fund actively managed by Capital Group. Both are actively managed. Over the past year, CGCV returned 16.85% vs 20.74% for CGGE. Their correlation of 0.80 means they have usually moved in the same direction. CGCV charges 0.33%/yr vs 0.47%/yr for CGGE.

Performance

CGCV vs. CGGE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Conservative Equity ETF (CGCV) and Capital Group Global Equity ETF (CGGE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGCV achieves a 9.48% return, which is significantly lower than CGGE's 9.99% return.

CGCV

• 1D: -0.06%
• 1M: 0.42%
• 6M: 7.36%
• YTD: 9.48%
• 1Y: 16.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.19%

CGGE

• 1D: 0.38%
• 1M: -0.43%
• 6M: 7.05%
• YTD: 9.99%
• 1Y: 20.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.35%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CGCV Capital Group Conservative Equity ETF	$9.30M	$11.27M	$10.55M
CGGE Capital Group Global Equity ETF	$20.71M	$18.71M	$20.66M

CGCV vs. CGGE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGCV Capital Group Conservative Equity ETF	9.48%	16.62%	7.21%
CGGE Capital Group Global Equity ETF	9.99%	24.50%	2.05%

Correlation

The correlation between CGCV and CGGE is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024	0.80

The correlation between CGCV and CGGE has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.

CGCV vs. CGGE - Sectors Allocation Comparison

Sectors	CGCV	CGGE
Technology	26.3%	31.6%
Healthcare	13.1%	7.3%
Financial Services	11.3%	14.9%
Industrials	11.1%	18.1%
Consumer Defensive	10.4%	4.3%
Utilities	7.5%	5.5%
Consumer Cyclical	7.0%	4.9%
Energy	4.5%	2.3%
Communication Services	4.3%	6.1%
Basic Materials	2.7%	2.5%
Real Estate	1.7%	1.1%

Return for Risk

CGCV vs. CGGE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CGCV

CGCV Risk / Return Rank: 67
CGCV Sharpe Ratio Rank: 71
CGCV Sortino Ratio Rank: 70
CGCV Omega Ratio Rank: 69
CGCV Calmar Ratio Rank: 57
CGCV Martin Ratio Rank: 68

CGGE

CGGE Risk / Return Rank: 55
CGGE Sharpe Ratio Rank: 53
CGGE Sortino Ratio Rank: 55
CGGE Omega Ratio Rank: 51
CGGE Calmar Ratio Rank: 50
CGGE Martin Ratio Rank: 65

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CGCV vs. CGGE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Conservative Equity ETF (CGCV) and Capital Group Global Equity ETF (CGGE). 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.

	CGCV	CGGE	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.30	+0.32
Sortino ratio: Return per unit of downside risk	2.27	1.91	+0.36
Omega ratio: Gain probability vs. loss probability	1.29	1.23	+0.06
Calmar ratio: Return relative to maximum drawdown	2.01	1.80	+0.21
Martin ratio: Return relative to average drawdown	8.16	7.86	+0.30

CGCV vs. CGGE - Sharpe Ratio Comparison

The current CGCV Sharpe Ratio is 1.61, which is comparable to the CGGE Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of CGCV and CGGE, 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

CGCV vs. CGGE - Drawdown Comparison

The maximum CGCV drawdown since its inception was -13.13%, smaller than the maximum CGGE drawdown of -14.44%. Use the drawdown chart below to compare losses from any high point for CGCV and CGGE.

Drawdown Indicators

	CGCV	CGGE	Difference
Max Drawdown Largest peak-to-trough decline	-13.13%	-14.44%	+1.31%
Max Drawdown (1Y) Largest decline over 1 year	-7.93%	-10.93%	+3.00%
Current Drawdown Current decline from peak	-0.48%	-1.56%	+1.08%
Average Drawdown Average peak-to-trough decline	-1.57%	-1.76%	+0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	2.50%	-0.55%

Volatility

CGCV vs. CGGE - Volatility Comparison

The current volatility for Capital Group Conservative Equity ETF (CGCV) is 2.17%, while Capital Group Global Equity ETF (CGGE) has a volatility of 4.45%. This indicates that CGCV experiences smaller price fluctuations and is considered to be less risky than CGGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGCV	CGGE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.17%	4.45%	-2.28%
Volatility (6M) Calculated over the trailing 6-month period	7.35%	13.02%	-5.67%
Volatility (1Y) Calculated over the trailing 1-year period	9.89%	15.19%	-5.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.37%	15.65%	-3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.37%	15.65%	-3.28%

CGCV vs. CGGE - Expense Ratio Comparison

CGCV has a 0.33% expense ratio, which is lower than CGGE's 0.47% expense ratio.

Dividends

CGCV vs. CGGE - Dividend Comparison

CGCV's dividend yield for the trailing twelve months is around 1.44%, more than CGGE's 0.37% yield.

Position	TTM	2025	2024
CGCV Capital Group Conservative Equity ETF	1.44%	1.44%	0.68%
CGGE Capital Group Global Equity ETF	0.37%	0.40%	0.35%

Frequently Asked Questions

Can I hold both CGCV and CGGE in my portfolio?

CGCV and CGGE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGCV or CGGE?

CGGE has higher volatility (4.45%) compared to CGCV (2.17%). In terms of maximum drawdown, CGCV dropped -13.13% vs CGGE's -14.44%.

Which ETF is better, CGCV or CGGE?

On 1-year performance, CGGE leads with 20.74% vs 16.85% for CGCV. On fees, CGCV is cheaper at 0.33% per year. On volatility, CGCV has been the lower-risk option at 2.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGCV or CGGE?

Over the 1-year period, CGGE has performed better with a 20.74% return vs 16.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGCV or CGGE?

CGCV is cheaper with a 0.33% expense ratio, compared with 0.47% for CGGE.

Which ETF pays a higher dividend yield, CGCV or CGGE?

CGCV has the higher dividend yield at 1.44%, compared with 0.37% for CGGE.

What is the main difference between CGCV and CGGE?

CGCV is categorized as Large Cap Value Equities, while CGGE is Global Equities. Their fees differ too: 0.33% for CGCV and 0.47% for CGGE.

Which has better risk-adjusted returns?

CGCV currently has the higher Sharpe Ratio (1.61 vs 1.30), 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.