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CGGO vs. ANWPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CGGO and ANWPX is 0.93, 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. ANWPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Global Growth Equity ETF (CGGO) and American Funds New Perspective Fund Class A (ANWPX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CGGO:

0.24

ANWPX:

0.42

Sortino Ratio

CGGO:

0.52

ANWPX:

0.75

Omega Ratio

CGGO:

1.07

ANWPX:

1.11

Calmar Ratio

CGGO:

0.29

ANWPX:

0.37

Martin Ratio

CGGO:

1.12

ANWPX:

1.59

Ulcer Index

CGGO:

4.69%

ANWPX:

5.47%

Daily Std Dev

CGGO:

19.70%

ANWPX:

19.01%

Max Drawdown

CGGO:

-24.90%

ANWPX:

-50.43%

Current Drawdown

CGGO:

-2.08%

ANWPX:

-7.72%

Returns By Period

In the year-to-date period, CGGO achieves a 3.35% return, which is significantly lower than ANWPX's 5.86% return.


CGGO

YTD

3.35%

1M

9.62%

6M

1.46%

1Y

4.69%

5Y*

N/A

10Y*

N/A

ANWPX

YTD

5.86%

1M

11.61%

6M

0.42%

1Y

7.97%

5Y*

9.39%

10Y*

5.90%

*Annualized

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CGGO vs. ANWPX - Expense Ratio Comparison

CGGO has a 0.47% expense ratio, which is lower than ANWPX's 0.72% expense ratio.


Risk-Adjusted Performance

CGGO vs. ANWPX — Risk-Adjusted Performance Rank

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

CGGO
The Risk-Adjusted Performance Rank of CGGO is 3232
Overall Rank
The Sharpe Ratio Rank of CGGO is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of CGGO is 3030
Sortino Ratio Rank
The Omega Ratio Rank of CGGO is 2929
Omega Ratio Rank
The Calmar Ratio Rank of CGGO is 3636
Calmar Ratio Rank
The Martin Ratio Rank of CGGO is 3636
Martin Ratio Rank

ANWPX
The Risk-Adjusted Performance Rank of ANWPX is 4747
Overall Rank
The Sharpe Ratio Rank of ANWPX is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of ANWPX is 4646
Sortino Ratio Rank
The Omega Ratio Rank of ANWPX is 4747
Omega Ratio Rank
The Calmar Ratio Rank of ANWPX is 4949
Calmar Ratio Rank
The Martin Ratio Rank of ANWPX is 4949
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CGGO vs. ANWPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and American Funds New Perspective Fund Class A (ANWPX). 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.


The current CGGO Sharpe Ratio is 0.24, which is lower than the ANWPX Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of CGGO and ANWPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CGGO vs. ANWPX - Dividend Comparison

CGGO's dividend yield for the trailing twelve months is around 1.07%, more than ANWPX's 0.56% yield.


TTM20242023202220212020201920182017201620152014
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%
ANWPX
American Funds New Perspective Fund Class A
0.56%0.59%0.94%0.84%0.33%0.13%1.01%1.18%0.45%0.82%0.72%7.58%

Drawdowns

CGGO vs. ANWPX - Drawdown Comparison

The maximum CGGO drawdown since its inception was -24.90%, smaller than the maximum ANWPX drawdown of -50.43%. Use the drawdown chart below to compare losses from any high point for CGGO and ANWPX. For additional features, visit the drawdowns tool.


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Volatility

CGGO vs. ANWPX - Volatility Comparison

Capital Group Global Growth Equity ETF (CGGO) and American Funds New Perspective Fund Class A (ANWPX) have volatilities of 5.11% and 5.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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