CGGO vs. BDVL

Last updated Jun 4, 2026

CGGO (Capital Group Global Growth Equity ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. CGGO is actively managed, while BDVL is passively managed. A 0.75 correlation means they provide meaningful diversification when combined. CGGO charges 0.47%/yr vs 0.40%/yr for BDVL.

Performance

CGGO vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Global Growth Equity ETF (CGGO) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGGO achieves a 19.37% return, which is significantly higher than BDVL's 4.71% return.

CGGO

• 1D: -0.82%
• 1M: 9.97%
• YTD: 19.37%
• 6M: 20.83%
• 1Y: 37.51%
• 3Y*: 21.81%
• 5Y*: —
• 10Y*: —

BDVL

• 1D: -0.44%
• 1M: 0.91%
• YTD: 4.71%
• 6M: 5.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGGO vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
CGGO Capital Group Global Growth Equity ETF	19.37%	3.81%
BDVL iShares Disciplined Volatility Equity Active ETF	4.71%	1.97%

Correlation

The correlation between CGGO and BDVL is 0.75, 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 Sep 16, 2025	0.75

CGGO vs. BDVL - Sectors Allocation Comparison

Sectors	CGGO	BDVL
Technology	37.3%	23.0%
Industrials	14.0%	15.4%
Financial Services	10.7%	13.9%
Consumer Cyclical	10.2%	8.5%
Communication Services	8.1%	10.7%
Healthcare	5.4%	11.1%
Consumer Defensive	4.8%	6.3%
Basic Materials	4.4%	2.6%
Energy	1.4%	2.8%
Utilities	1.3%	4.8%
Real Estate	-	1.0%

Return for Risk

CGGO vs. BDVL — Risk / Return Rank

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

CGGO

CGGO Risk / Return Rank: 65
CGGO Sharpe Ratio Rank: 67
CGGO Sortino Ratio Rank: 65
CGGO Omega Ratio Rank: 66
CGGO Calmar Ratio Rank: 57
CGGO Martin Ratio Rank: 69

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.

CGGO vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and iShares Disciplined Volatility Equity Active ETF (BDVL). 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.

	CGGO	BDVL	Difference
Sharpe ratio: Return per unit of total volatility	2.25	—	—
Sortino ratio: Return per unit of downside risk	3.08	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	2.87	—	—
Martin ratio: Return relative to average drawdown	13.04	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CGGO	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	1.01	-0.23

Drawdowns

CGGO vs. BDVL - Drawdown Comparison

The maximum CGGO drawdown since its inception was -24.90%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for CGGO and BDVL.

Drawdown Indicators

	CGGO	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-24.90%	-7.71%	-17.19%
Max Drawdown (1Y) Largest decline over 1 year	-13.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.93%	—	—
Current Drawdown Current decline from peak	-0.82%	-0.95%	+0.13%
Average Drawdown Average peak-to-trough decline	-5.50%	-1.19%	-4.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	—	—

Volatility

Volatility by Period

	CGGO	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.77%	9.49%	+7.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.56%	9.49%	+9.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.56%	9.49%	+9.07%

CGGO vs. BDVL - Expense Ratio Comparison

CGGO has a 0.47% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

CGGO vs. BDVL - Dividend Comparison

CGGO's dividend yield for the trailing twelve months is around 1.70%, less than BDVL's 2.66% yield.

Position	TTM	2025	2024	2023	2022
BDVL iShares Disciplined Volatility Equity Active ETF	2.66%	2.79%	0.00%	0.00%	0.00%
CGGO Capital Group Global Growth Equity ETF	1.70%	2.03%	1.10%	0.76%	0.59%

Frequently Asked Questions

Can I hold both CGGO and BDVL in my portfolio?

CGGO and BDVL have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CGGO or BDVL?

On fees, BDVL is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGGO or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.47% for CGGO.

Which ETF pays a higher dividend yield, CGGO or BDVL?

BDVL has the higher dividend yield at 2.66%, compared with 1.70% for CGGO.

What is the main difference between CGGO and BDVL?

They also come from different issuers: Capital Group and iShares. Their fees differ too: 0.47% for CGGO and 0.40% for BDVL.