CGGO vs. JGLO
CGGO (Capital Group Global Growth Equity ETF) and JGLO (Jpmorgan Global Select Equity ETF) are both Global Equities funds. Both are actively managed. Over the past year, CGGO returned 37.51% vs 16.10% for JGLO. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.47% expense ratio.
Performance
CGGO vs. JGLO - Performance Comparison
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Returns By Period
In the year-to-date period, CGGO achieves a 19.37% return, which is significantly higher than JGLO's 5.10% return.
CGGO
- 1D
- -0.82%
- 1M
- 9.97%
- YTD
- 19.37%
- 6M
- 20.83%
- 1Y
- 37.51%
- 3Y*
- 21.81%
- 5Y*
- —
- 10Y*
- —
JGLO
- 1D
- -0.74%
- 1M
- 2.17%
- YTD
- 5.10%
- 6M
- 5.79%
- 1Y
- 16.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CGGO vs. JGLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CGGO Capital Group Global Growth Equity ETF | 19.37% | 21.08% | 14.80% | 7.78% |
JGLO Jpmorgan Global Select Equity ETF | 5.10% | 14.07% | 17.00% | 8.01% |
Correlation
The correlation between CGGO and JGLO is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.92 |
The correlation between CGGO and JGLO has been stable across timeframes, ranging from 0.87 to 0.92 - a consistent structural relationship.
CGGO vs. JGLO - Sectors Allocation Comparison
Sectors
CGGO
JGLO
Technology
Industrials
Financial Services
Consumer Cyclical
Communication Services
Healthcare
Consumer Defensive
Basic Materials
Energy
Utilities
Real Estate
-
Technology
CGGO
JGLO
Industrials
CGGO
JGLO
Financial Services
CGGO
JGLO
Consumer Cyclical
CGGO
JGLO
Communication Services
CGGO
JGLO
Healthcare
CGGO
JGLO
Consumer Defensive
CGGO
JGLO
Basic Materials
CGGO
JGLO
Energy
CGGO
JGLO
Utilities
CGGO
JGLO
Real Estate
CGGO
-
JGLO
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Return for Risk
CGGO vs. JGLO — Risk / Return Rank
CGGO
JGLO
CGGO vs. JGLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and Jpmorgan Global Select Equity ETF (JGLO). 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 | JGLO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.25 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 1.71 | +1.16 |
| Martin ratioReturn relative to average drawdown | 13.04 | 6.96 | +6.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CGGO | JGLO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.25 | 1.40 | +0.85 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 1.18 | -0.40 |
Drawdowns
CGGO vs. JGLO - Drawdown Comparison
The maximum CGGO drawdown since its inception was -24.90%, which is greater than JGLO's maximum drawdown of -16.12%. Use the drawdown chart below to compare losses from any high point for CGGO and JGLO.
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Drawdown Indicators
| CGGO | JGLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.90% | -16.12% | -8.78% |
Max Drawdown (1Y)Largest decline over 1 year | -13.15% | -9.47% | -3.68% |
Max Drawdown (3Y)Largest decline over 3 years | -17.93% | — | — |
Current DrawdownCurrent decline from peak | -0.82% | -0.74% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -5.50% | -1.88% | -3.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | 2.32% | +0.56% |
Volatility
CGGO vs. JGLO - Volatility Comparison
Capital Group Global Growth Equity ETF (CGGO) has a higher volatility of 6.68% compared to Jpmorgan Global Select Equity ETF (JGLO) at 3.10%. This indicates that CGGO's price experiences larger fluctuations and is considered to be riskier than JGLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGGO | JGLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 3.10% | +3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 14.40% | 9.00% | +5.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.77% | 11.57% | +5.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.56% | 14.04% | +4.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.56% | 14.04% | +4.52% |
CGGO vs. JGLO - Expense Ratio Comparison
Both CGGO and JGLO have an expense ratio of 0.47%.
Dividends
CGGO vs. JGLO - Dividend Comparison
CGGO's dividend yield for the trailing twelve months is around 1.70%, more than JGLO's 1.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CGGO Capital Group Global Growth Equity ETF | 1.70% | 2.03% | 1.10% | 0.76% | 0.59% |
JGLO Jpmorgan Global Select Equity ETF | 1.14% | 1.20% | 2.00% | 0.32% | 0.00% |
Frequently Asked Questions
CGGO and JGLO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CGGO has higher volatility (6.68%) compared to JGLO (3.10%). In terms of maximum drawdown, CGGO dropped -24.90% vs JGLO's -16.12%.
On 1-year performance, CGGO leads with 37.51% vs 16.10% for JGLO. Both ETFs have the same 0.47% expense ratio. On volatility, JGLO has been the lower-risk option at 3.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CGGO has performed better with a 37.51% return vs 16.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CGGO and JGLO have the same expense ratio: 0.47% per year.
CGGO has the higher dividend yield at 1.70%, compared with 1.14% for JGLO.
They also come from different issuers: Capital Group and JPMorgan.
CGGO currently has the higher Sharpe Ratio (2.25 vs 1.40), 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.
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