CGGE vs. DYNF

Last updated Jun 24, 2026

CGGE (Capital Group Global Equity ETF) and DYNF (iShares U.S. Equity Factor Rotation Active ETF) are both exchange-traded funds - CGGE is a Global Equities fund actively managed by Capital Group, while DYNF is a Large Cap Blend Equities fund actively managed by iShares. Both are actively managed. Over the past year, CGGE returned 21.82% vs 27.42% for DYNF. Their correlation of 0.88 suggests significant overlap in exposure. CGGE charges 0.47%/yr vs 0.26%/yr for DYNF.

Performance

CGGE vs. DYNF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Global Equity ETF (CGGE) and iShares U.S. Equity Factor Rotation Active ETF (DYNF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGGE achieves a 8.31% return, which is significantly lower than DYNF's 10.04% return.

CGGE

• 1D: -2.03%
• 1M: 1.09%
• YTD: 8.31%
• 6M: 7.73%
• 1Y: 21.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DYNF

• 1D: -1.62%
• 1M: 0.13%
• YTD: 10.04%
• 6M: 8.91%
• 1Y: 27.42%
• 3Y*: 25.19%
• 5Y*: 14.71%
• 10Y*: —

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

CGGE vs. DYNF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGGE Capital Group Global Equity ETF	8.31%	24.50%	2.05%
DYNF iShares U.S. Equity Factor Rotation Active ETF	10.04%	20.00%	9.48%

Correlation

The correlation between CGGE and DYNF is 0.90, 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	0.90
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024	0.88

The correlation between CGGE and DYNF has been stable across timeframes, ranging from 0.88 to 0.90 - a consistent structural relationship.

CGGE vs. DYNF - Sectors Allocation Comparison

Sectors	CGGE	DYNF
Technology	32.9%	40.5%
Industrials	18.3%	9.5%
Financial Services	14.0%	14.9%
Communication Services	7.6%	10.3%
Healthcare	7.5%	5.8%
Consumer Cyclical	4.6%	7.0%
Consumer Defensive	4.4%	1.7%
Utilities	4.3%	2.8%
Energy	2.9%	4.5%
Basic Materials	2.7%	0.8%
Real Estate	0.9%	1.9%

Return for Risk

CGGE vs. DYNF — Risk / Return Rank

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

CGGE

CGGE Risk / Return Rank: 47
CGGE Sharpe Ratio Rank: 46
CGGE Sortino Ratio Rank: 47
CGGE Omega Ratio Rank: 44
CGGE Calmar Ratio Rank: 43
CGGE Martin Ratio Rank: 55

DYNF

DYNF Risk / Return Rank: 68
DYNF Sharpe Ratio Rank: 67
DYNF Sortino Ratio Rank: 63
DYNF Omega Ratio Rank: 65
DYNF Calmar Ratio Rank: 66
DYNF Martin Ratio Rank: 79

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.

CGGE vs. DYNF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Equity ETF (CGGE) and iShares U.S. Equity Factor Rotation Active ETF (DYNF). 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.

	CGGE	DYNF	Difference
Sharpe ratio: Return per unit of total volatility	1.49	2.09	-0.59
Sortino ratio: Return per unit of downside risk	2.17	2.82	-0.65
Omega ratio: Gain probability vs. loss probability	1.27	1.37	-0.10
Calmar ratio: Return relative to maximum drawdown	2.01	3.18	-1.17
Martin ratio: Return relative to average drawdown	9.06	14.86	-5.80

CGGE vs. DYNF - Sharpe Ratio Comparison

The current CGGE Sharpe Ratio is 1.49, which is comparable to the DYNF Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of CGGE and DYNF, 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

CGGE vs. DYNF - Drawdown Comparison

The maximum CGGE drawdown since its inception was -14.44%, smaller than the maximum DYNF drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for CGGE and DYNF.

Drawdown Indicators

	CGGE	DYNF	Difference
Max Drawdown Largest peak-to-trough decline	-14.44%	-34.72%	+20.28%
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	-8.67%	-2.26%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.65%	—
Current Drawdown Current decline from peak	-2.11%	-1.97%	-0.14%
Average Drawdown Average peak-to-trough decline	-1.76%	-5.94%	+4.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	1.85%	+0.56%

Volatility

CGGE vs. DYNF - Volatility Comparison

Capital Group Global Equity ETF (CGGE) has a higher volatility of 5.89% compared to iShares U.S. Equity Factor Rotation Active ETF (DYNF) at 5.38%. This indicates that CGGE's price experiences larger fluctuations and is considered to be riskier than DYNF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGGE	DYNF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	5.38%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	12.58%	10.64%	+1.94%
Volatility (1Y) Calculated over the trailing 1-year period	14.68%	13.24%	+1.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	17.62%	-1.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	19.91%	-4.24%

CGGE vs. DYNF - Expense Ratio Comparison

CGGE has a 0.47% expense ratio, which is higher than DYNF's 0.26% expense ratio.

Dividends

CGGE vs. DYNF - Dividend Comparison

CGGE's dividend yield for the trailing twelve months is around 0.37%, less than DYNF's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CGGE Capital Group Global Equity ETF	0.37%	0.40%	0.35%	0.00%	0.00%	0.00%	0.00%	0.00%
DYNF iShares U.S. Equity Factor Rotation Active ETF	0.81%	1.01%	0.65%	1.11%	1.66%	2.89%	1.52%	1.22%

Frequently Asked Questions

Can I hold both CGGE and DYNF in my portfolio?

CGGE and DYNF have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGGE or DYNF?

CGGE has higher volatility (5.89%) compared to DYNF (5.38%). In terms of maximum drawdown, CGGE dropped -14.44% vs DYNF's -34.72%.

Which ETF is better, CGGE or DYNF?

On 1-year performance, DYNF leads with 27.42% vs 21.82% for CGGE. On fees, DYNF is cheaper at 0.26% per year. On volatility, DYNF has been the lower-risk option at 5.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGGE or DYNF?

Over the 1-year period, DYNF has performed better with a 27.42% return vs 21.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGGE or DYNF?

DYNF is cheaper with a 0.26% expense ratio, compared with 0.47% for CGGE.

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

DYNF has the higher dividend yield at 0.81%, compared with 0.37% for CGGE.

What is the main difference between CGGE and DYNF?

CGGE is categorized as Global Equities, while DYNF is Large Cap Blend Equities. They also come from different issuers: Capital Group and iShares. Their fees differ too: 0.47% for CGGE and 0.26% for DYNF.

Which has better risk-adjusted returns?

DYNF currently has the higher Sharpe Ratio (2.09 vs 1.49), 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.