CGGO vs. FGD

Last updated Aug 4, 2026

CGGO (Capital Group Global Growth Equity ETF) and FGD (First Trust Dow Jones Global Select Dividend Index Fund) are both Global Equities funds. CGGO is actively managed, while FGD is passively managed. Over the past 3 years, CGGO returned 19.78%/yr vs 23.52%/yr for FGD. Their 0.68 correlation means they have sometimes moved together and sometimes differently. CGGO charges 0.47%/yr vs 0.55%/yr for FGD.

Performance

CGGO vs. FGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Global Growth Equity ETF (CGGO) and First Trust Dow Jones Global Select Dividend Index Fund (FGD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGGO achieves a 15.18% return, which is significantly lower than FGD's 16.36% return.

CGGO

• 1D: 1.04%
• 1M: -2.11%
• 6M: 9.10%
• YTD: 15.18%
• 1Y: 26.58%
• 3Y*: 19.78%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.74%

FGD

• 1D: 0.20%
• 1M: 6.24%
• 6M: 9.80%
• YTD: 16.36%
• 1Y: 32.97%
• 3Y*: 23.52%
• 5Y*: 12.39%
• 10Y*: 10.14%
• ALL TIME*: 6.19%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CGGO Capital Group Global Growth Equity ETF	$57.79M	$52.80M	$52.76M
FGD First Trust Dow Jones Global Select Dividend Index Fund	$8.01M	$6.03M	$6.73M

CGGO vs. FGD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CGGO Capital Group Global Growth Equity ETF	15.18%	21.08%	14.80%	23.43%	-10.40%
FGD First Trust Dow Jones Global Select Dividend Index Fund	16.36%	44.42%	5.71%	8.20%	-8.41%

Correlation

The correlation between CGGO and FGD is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.55
Correlation (3Y) Balances recent behavior with more history.	0.60
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.68

The correlation between CGGO and FGD shifts across timeframes, from 0.55 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.

CGGO vs. FGD - Sectors Allocation Comparison

Sectors	CGGO	FGD
Technology	38.0%	0.9%
Industrials	14.3%	4.7%
Financial Services	10.4%	10.4%
Healthcare	9.3%	-
Consumer Cyclical	8.3%	3.8%
Communication Services	7.2%	1.9%
Basic Materials	3.7%	0.9%
Consumer Defensive	3.6%	4.7%
Energy	1.6%	0.9%
Utilities	0.9%	0.9%
Real Estate	-	0.9%

Return for Risk

CGGO vs. FGD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CGGO

CGGO Risk / Return Rank: 54
CGGO Sharpe Ratio Rank: 52
CGGO Sortino Ratio Rank: 51
CGGO Omega Ratio Rank: 52
CGGO Calmar Ratio Rank: 55
CGGO Martin Ratio Rank: 60

FGD

FGD Risk / Return Rank: 89
FGD Sharpe Ratio Rank: 94
FGD Sortino Ratio Rank: 93
FGD Omega Ratio Rank: 93
FGD Calmar Ratio Rank: 85
FGD Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CGGO vs. FGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and First Trust Dow Jones Global Select Dividend Index Fund (FGD). 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.

	CGGO	FGD	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.66	-1.35
Sortino ratio: Return per unit of downside risk	1.87	3.61	-1.75
Omega ratio: Gain probability vs. loss probability	1.24	1.49	-0.25
Calmar ratio: Return relative to maximum drawdown	2.03	3.37	-1.34
Martin ratio: Return relative to average drawdown	7.44	11.41	-3.97

CGGO vs. FGD - Sharpe Ratio Comparison

The current CGGO Sharpe Ratio is 1.31, which is lower than the FGD Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of CGGO and FGD, 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

CGGO vs. FGD - Drawdown Comparison

The maximum CGGO drawdown since its inception was -24.90%, smaller than the maximum FGD drawdown of -68.05%. Use the drawdown chart below to compare losses from any high point for CGGO and FGD.

Drawdown Indicators

	CGGO	FGD	Difference
Max Drawdown Largest peak-to-trough decline	-24.90%	-68.05%	+43.15%
Max Drawdown (1Y) Largest decline over 1 year	-13.15%	-9.82%	-3.33%
Max Drawdown (3Y) Largest decline over 3 years	-17.93%	-11.50%	-6.43%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.68%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.84%	—
Current Drawdown Current decline from peak	-6.29%	-0.23%	-6.06%
Average Drawdown Average peak-to-trough decline	-5.46%	-12.48%	+7.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	2.90%	+0.68%

Volatility

CGGO vs. FGD - Volatility Comparison

Capital Group Global Growth Equity ETF (CGGO) has a higher volatility of 7.38% compared to First Trust Dow Jones Global Select Dividend Index Fund (FGD) at 1.91%. This indicates that CGGO's price experiences larger fluctuations and is considered to be riskier than FGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGGO	FGD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.38%	1.91%	+5.47%
Volatility (6M) Calculated over the trailing 6-month period	18.35%	9.94%	+8.41%
Volatility (1Y) Calculated over the trailing 1-year period	20.44%	12.46%	+7.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.18%	14.85%	+4.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.18%	17.91%	+1.27%

CGGO vs. FGD - Expense Ratio Comparison

CGGO has a 0.47% expense ratio, which is lower than FGD's 0.55% expense ratio.

Dividends

CGGO vs. FGD - Dividend Comparison

CGGO's dividend yield for the trailing twelve months is around 1.00%, less than FGD's 5.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGGO Capital Group Global Growth Equity ETF	1.00%	2.03%	1.10%	0.76%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FGD First Trust Dow Jones Global Select Dividend Index Fund	5.02%	5.62%	5.87%	6.44%	5.74%	5.35%	6.17%	5.19%	5.88%	4.01%	4.36%	5.07%

Frequently Asked Questions

Can I hold both CGGO and FGD in my portfolio?

CGGO and FGD have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGGO or FGD?

CGGO has higher volatility (7.38%) compared to FGD (1.91%). In terms of maximum drawdown, CGGO dropped -24.90% vs FGD's -68.05%.

Which ETF is better, CGGO or FGD?

On 3-year performance, FGD leads with 23.52% vs 19.78% for CGGO. On fees, CGGO is cheaper at 0.47% per year. On volatility, FGD has been the lower-risk option at 1.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGGO or FGD?

Over the 3-year period, FGD has performed better with a 23.52% return vs 19.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGGO or FGD?

CGGO is cheaper with a 0.47% expense ratio, compared with 0.55% for FGD.

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

FGD has the higher dividend yield at 5.02%, compared with 1.00% for CGGO.

What is the main difference between CGGO and FGD?

They also come from different issuers: Capital Group and First Trust. Their fees differ too: 0.47% for CGGO and 0.55% for FGD.

Which has better risk-adjusted returns?

FGD currently has the higher Sharpe Ratio (2.66 vs 1.31), 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.