CGGO vs. MAGG.L
Compare and contrast key facts about Capital Group Global Growth Equity ETF (CGGO) and BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.L).
CGGO and MAGG.L 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. MAGG.L is a passively managed fund by iShares that tracks the performance of the Morningstar UK Mod Adv Tgt Alloc NR GBP. It was launched on Sep 14, 2020.
Performance
CGGO vs. MAGG.L - Performance Comparison
Loading graphics...
CGGO vs. MAGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CGGO Capital Group Global Growth Equity ETF | -1.96% | 21.08% | 14.80% | 23.43% | -13.12% |
MAGG.L BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) | -2.01% | 19.26% | 17.69% | 18.85% | -16.61% |
Different Trading Currencies
CGGO is traded in USD, while MAGG.L is traded in GBP. To make them comparable, the MAGG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with CGGO having a -1.96% return and MAGG.L slightly lower at -2.01%.
CGGO
- 1D
- 1.80%
- 1M
- -6.88%
- YTD
- -1.96%
- 6M
- -0.18%
- 1Y
- 21.96%
- 3Y*
- 15.29%
- 5Y*
- —
- 10Y*
- —
MAGG.L
- 1D
- 3.12%
- 1M
- -3.90%
- YTD
- -2.01%
- 6M
- 1.57%
- 1Y
- 18.09%
- 3Y*
- 15.59%
- 5Y*
- 6.08%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CGGO vs. MAGG.L - Expense Ratio Comparison
CGGO has a 0.47% expense ratio, which is higher than MAGG.L's 0.25% expense ratio.
Return for Risk
CGGO vs. MAGG.L — Risk / Return Rank
CGGO
MAGG.L
CGGO vs. MAGG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.L). 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 | MAGG.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 1.13 | +0.01 |
Sortino ratioReturn per unit of downside risk | 1.68 | 1.64 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.22 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 1.81 | -0.11 |
Martin ratioReturn relative to average drawdown | 7.24 | 7.20 | +0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CGGO | MAGG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 1.13 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.38 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.54 | -0.01 |
Correlation
The correlation between CGGO and MAGG.L is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
CGGO vs. MAGG.L - Dividend Comparison
CGGO's dividend yield for the trailing twelve months is around 2.07%, while MAGG.L has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CGGO Capital Group Global Growth Equity ETF | 2.07% | 2.03% | 1.10% | 0.76% | 0.59% |
MAGG.L BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CGGO vs. MAGG.L - Drawdown Comparison
The maximum CGGO drawdown since its inception was -24.90%, smaller than the maximum MAGG.L drawdown of -35.66%. Use the drawdown chart below to compare losses from any high point for CGGO and MAGG.L.
Loading graphics...
Drawdown Indicators
| CGGO | MAGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.90% | -21.07% | -3.83% |
Max Drawdown (1Y)Largest decline over 1 year | -13.15% | -11.04% | -2.11% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.07% | — |
Current DrawdownCurrent decline from peak | -8.11% | -4.63% | -3.48% |
Average DrawdownAverage peak-to-trough decline | -5.67% | -5.87% | +0.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 1.84% | +1.26% |
Volatility
CGGO vs. MAGG.L - Volatility Comparison
Capital Group Global Growth Equity ETF (CGGO) has a higher volatility of 8.29% compared to BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.L) at 5.76%. This indicates that CGGO's price experiences larger fluctuations and is considered to be riskier than MAGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CGGO | MAGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.29% | 5.76% | +2.53% |
Volatility (6M)Calculated over the trailing 6-month period | 12.87% | 9.59% | +3.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.34% | 16.08% | +3.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.38% | 16.08% | +2.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.38% | 16.13% | +2.25% |