CGGE vs. JGLO

Last updated Jun 24, 2026

CGGE (Capital Group Global Equity ETF) and JGLO (Jpmorgan Global Select Equity ETF) are both Global Equities funds. Both are actively managed. Over the past year, CGGE returned 21.82% vs 13.14% for JGLO. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.47% expense ratio.

Performance

CGGE vs. JGLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Global Equity ETF (CGGE) and Jpmorgan Global Select Equity ETF (JGLO). 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 higher than JGLO's 3.31% return.

CGGE

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

JGLO

• 1D: -1.34%
• 1M: -1.33%
• YTD: 3.31%
• 6M: 2.82%
• 1Y: 13.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGGE vs. JGLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGGE Capital Group Global Equity ETF	8.31%	24.50%	2.05%
JGLO Jpmorgan Global Select Equity ETF	3.31%	14.07%	1.43%

Correlation

The correlation between CGGE and JGLO is 0.91, 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	0.91
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024	0.92

The correlation between CGGE and JGLO has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

CGGE vs. JGLO - Sectors Allocation Comparison

Sectors	CGGE	JGLO
Technology	32.9%	31.6%
Industrials	18.3%	7.8%
Financial Services	14.0%	17.3%
Communication Services	7.6%	8.2%
Healthcare	7.5%	8.6%
Consumer Cyclical	4.6%	16.1%
Consumer Defensive	4.4%	1.3%
Utilities	4.3%	2.2%
Energy	2.9%	3.9%
Basic Materials	2.7%	1.6%
Real Estate	0.9%	1.5%

Return for Risk

CGGE vs. JGLO — 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

JGLO

JGLO Risk / Return Rank: 32
JGLO Sharpe Ratio Rank: 32
JGLO Sortino Ratio Rank: 31
JGLO Omega Ratio Rank: 30
JGLO Calmar Ratio Rank: 29
JGLO Martin Ratio Rank: 38

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. JGLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Equity ETF (CGGE) and Jpmorgan Global Select Equity ETF (JGLO). 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	JGLO	Difference
Sharpe ratio: Return per unit of total volatility	1.49	1.08	+0.41
Sortino ratio: Return per unit of downside risk	2.17	1.56	+0.61
Omega ratio: Gain probability vs. loss probability	1.27	1.20	+0.07
Calmar ratio: Return relative to maximum drawdown	2.01	1.39	+0.61
Martin ratio: Return relative to average drawdown	9.06	5.59	+3.47

CGGE vs. JGLO - Sharpe Ratio Comparison

The current CGGE Sharpe Ratio is 1.49, which is higher than the JGLO Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of CGGE and JGLO, 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. JGLO - Drawdown Comparison

The maximum CGGE drawdown since its inception was -14.44%, smaller than the maximum JGLO drawdown of -16.12%. Use the drawdown chart below to compare losses from any high point for CGGE and JGLO.

Drawdown Indicators

	CGGE	JGLO	Difference
Max Drawdown Largest peak-to-trough decline	-14.44%	-16.12%	+1.68%
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	-9.47%	-1.46%
Current Drawdown Current decline from peak	-2.11%	-2.43%	+0.32%
Average Drawdown Average peak-to-trough decline	-1.76%	-1.88%	+0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	2.35%	+0.06%

Volatility

CGGE vs. JGLO - Volatility Comparison

Capital Group Global Equity ETF (CGGE) has a higher volatility of 5.89% compared to Jpmorgan Global Select Equity ETF (JGLO) at 4.77%. This indicates that CGGE's price experiences larger fluctuations and is considered to be riskier than JGLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGGE	JGLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	4.77%	+1.12%
Volatility (6M) Calculated over the trailing 6-month period	12.58%	9.99%	+2.59%
Volatility (1Y) Calculated over the trailing 1-year period	14.68%	12.24%	+2.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	14.17%	+1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	14.17%	+1.50%

CGGE vs. JGLO - Expense Ratio Comparison

Both CGGE and JGLO have an expense ratio of 0.47%.

Dividends

CGGE vs. JGLO - Dividend Comparison

CGGE's dividend yield for the trailing twelve months is around 0.37%, less than JGLO's 1.16% yield.

Position	TTM	2025	2024	2023
CGGE Capital Group Global Equity ETF	0.37%	0.40%	0.35%	0.00%
JGLO Jpmorgan Global Select Equity ETF	1.16%	1.20%	2.00%	0.32%

Frequently Asked Questions

Can I hold both CGGE and JGLO in my portfolio?

With a correlation of 0.91, CGGE and JGLO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CGGE or JGLO?

CGGE has higher volatility (5.89%) compared to JGLO (4.77%). In terms of maximum drawdown, CGGE dropped -14.44% vs JGLO's -16.12%.

Which ETF is better, CGGE or JGLO?

On 1-year performance, CGGE leads with 21.82% vs 13.14% for JGLO. Both ETFs have the same 0.47% expense ratio. On volatility, JGLO has been the lower-risk option at 4.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGGE or JGLO?

Over the 1-year period, CGGE has performed better with a 21.82% return vs 13.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGGE or JGLO?

CGGE and JGLO have the same expense ratio: 0.47% per year.

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

JGLO has the higher dividend yield at 1.16%, compared with 0.37% for CGGE.

What is the main difference between CGGE and JGLO?

They also come from different issuers: Capital Group and JPMorgan.

Which has better risk-adjusted returns?

CGGE currently has the higher Sharpe Ratio (1.49 vs 1.08), 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.