CGGO vs. ACWI
Compare and contrast key facts about Capital Group Global Growth Equity ETF (CGGO) and iShares MSCI ACWI ETF (ACWI).
CGGO and ACWI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGGO is an actively managed fund by Capital Group. It was launched on Feb 22, 2022. ACWI is a passively managed fund by iShares that tracks the performance of the MSCI All Country World Index. It was launched on Mar 26, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGGO or ACWI.
Correlation
The correlation between CGGO and ACWI is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CGGO vs. ACWI - Performance Comparison
Key characteristics
CGGO:
0.78
ACWI:
1.54
CGGO:
1.15
ACWI:
2.12
CGGO:
1.14
ACWI:
1.28
CGGO:
1.12
ACWI:
2.28
CGGO:
4.06
ACWI:
9.13
CGGO:
2.81%
ACWI:
2.02%
CGGO:
14.70%
ACWI:
12.00%
CGGO:
-24.90%
ACWI:
-56.00%
CGGO:
-2.30%
ACWI:
-1.61%
Returns By Period
In the year-to-date period, CGGO achieves a 3.11% return, which is significantly lower than ACWI's 3.94% return.
CGGO
3.11%
-1.25%
1.26%
8.94%
N/A
N/A
ACWI
3.94%
0.60%
5.39%
16.41%
10.68%
9.35%
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CGGO vs. ACWI - Expense Ratio Comparison
CGGO has a 0.47% expense ratio, which is higher than ACWI's 0.32% expense ratio.
Risk-Adjusted Performance
CGGO vs. ACWI — Risk-Adjusted Performance Rank
CGGO
ACWI
CGGO vs. ACWI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and iShares MSCI ACWI ETF (ACWI). 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.
Dividends
CGGO vs. ACWI - Dividend Comparison
CGGO's dividend yield for the trailing twelve months is around 1.07%, less than ACWI's 1.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGGO Capital Group Global Growth Equity ETF | 1.07% | 1.10% | 0.76% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ACWI iShares MSCI ACWI ETF | 1.64% | 1.70% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.25% | 1.94% | 2.19% | 2.56% | 2.26% |
Drawdowns
CGGO vs. ACWI - Drawdown Comparison
The maximum CGGO drawdown since its inception was -24.90%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for CGGO and ACWI. For additional features, visit the drawdowns tool.
Volatility
CGGO vs. ACWI - Volatility Comparison
Capital Group Global Growth Equity ETF (CGGO) has a higher volatility of 4.28% compared to iShares MSCI ACWI ETF (ACWI) at 3.21%. This indicates that CGGO's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.