CGGG vs. FPX

Last updated Jun 24, 2026

CGGG (Capital Group U.S. Large Growth ETF) and FPX (First Trust US Equity Opportunities ETF) are both Large Cap Growth Equities funds. CGGG is actively managed, while FPX is passively managed. A 0.76 correlation means they provide meaningful diversification when combined. CGGG charges 0.39%/yr vs 0.57%/yr for FPX.

Performance

CGGG vs. FPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group U.S. Large Growth ETF (CGGG) and First Trust US Equity Opportunities ETF (FPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGGG achieves a -1.93% return, which is significantly lower than FPX's 19.68% return.

CGGG

• 1D: -2.10%
• 1M: -2.48%
• YTD: -1.93%
• 6M: -2.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FPX

• 1D: -3.29%
• 1M: 3.59%
• YTD: 19.68%
• 6M: 15.47%
• 1Y: 39.59%
• 3Y*: 32.36%
• 5Y*: 9.53%
• 10Y*: 15.44%

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

CGGG vs. FPX - Yearly Performance Comparison

	2026 (YTD)	2025
CGGG Capital Group U.S. Large Growth ETF	-1.93%	10.90%
FPX First Trust US Equity Opportunities ETF	19.68%	16.00%

Correlation

The correlation between CGGG and FPX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.76

Return for Risk

CGGG vs. FPX — Risk / Return Rank

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

CGGG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FPX

FPX Risk / Return Rank: 53
FPX Sharpe Ratio Rank: 49
FPX Sortino Ratio Rank: 45
FPX Omega Ratio Rank: 44
FPX Calmar Ratio Rank: 68
FPX Martin Ratio Rank: 60

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.

CGGG vs. FPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group U.S. Large Growth ETF (CGGG) and First Trust US Equity Opportunities ETF (FPX). 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.

	CGGG	FPX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.64	—
Sortino ratio: Return per unit of downside risk	—	2.16	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	3.24	—
Martin ratio: Return relative to average drawdown	—	10.30	—

Drawdowns

CGGG vs. FPX - Drawdown Comparison

The maximum CGGG drawdown since its inception was -17.75%, smaller than the maximum FPX drawdown of -56.29%. Use the drawdown chart below to compare losses from any high point for CGGG and FPX.

Drawdown Indicators

	CGGG	FPX	Difference
Max Drawdown Largest peak-to-trough decline	-17.75%	-56.29%	+38.54%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.28%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-30.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-43.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.14%	—
Current Drawdown Current decline from peak	-5.75%	-3.29%	-2.46%
Average Drawdown Average peak-to-trough decline	-3.82%	-11.31%	+7.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.85%	—

Volatility

Volatility by Period

	CGGG	FPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.33%	24.36%	-6.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.33%	26.74%	-8.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	24.39%	-6.06%

CGGG vs. FPX - Expense Ratio Comparison

CGGG has a 0.39% expense ratio, which is lower than FPX's 0.57% expense ratio.

Dividends

CGGG vs. FPX - Dividend Comparison

CGGG's dividend yield for the trailing twelve months is around 0.07%, less than FPX's 0.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGGG Capital Group U.S. Large Growth ETF	0.07%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FPX First Trust US Equity Opportunities ETF	0.48%	0.53%	0.09%	0.27%	1.08%	0.14%	0.28%	0.67%	0.88%	0.68%	0.77%	0.62%

Frequently Asked Questions

Can I hold both CGGG and FPX in my portfolio?

CGGG and FPX 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 ETF is better, CGGG or FPX?

On fees, CGGG is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGGG or FPX?

CGGG is cheaper with a 0.39% expense ratio, compared with 0.57% for FPX.

Which ETF pays a higher dividend yield, CGGG or FPX?

FPX has the higher dividend yield at 0.48%, compared with 0.07% for CGGG.

What is the main difference between CGGG and FPX?

They also come from different issuers: Capital Group and First Trust. Their fees differ too: 0.39% for CGGG and 0.57% for FPX.