CGGO vs. SCHW
Compare and contrast key facts about Capital Group Global Growth Equity ETF (CGGO) and The Charles Schwab Corporation (SCHW).
CGGO is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGGO or SCHW.
Key characteristics
| CGGO | SCHW | |
|---|---|---|
| YTD Return | 18.51% | 9.00% |
| 1Y Return | 30.33% | 38.47% |
| Sharpe Ratio | 2.06 | 1.37 |
| Sortino Ratio | 2.85 | 1.98 |
| Omega Ratio | 1.36 | 1.28 |
| Calmar Ratio | 2.89 | 0.89 |
| Martin Ratio | 11.71 | 3.48 |
| Ulcer Index | 2.51% | 10.71% |
| Daily Std Dev | 14.24% | 27.24% |
| Max Drawdown | -24.90% | -86.79% |
| Current Drawdown | -1.24% | -19.28% |
Correlation
The correlation between CGGO and SCHW is 0.47, 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.
Performance
CGGO vs. SCHW - Performance Comparison
In the year-to-date period, CGGO achieves a 18.51% return, which is significantly higher than SCHW's 9.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CGGO vs. SCHW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and The Charles Schwab Corporation (SCHW). 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.
Dividends
CGGO vs. SCHW - Dividend Comparison
CGGO's dividend yield for the trailing twelve months is around 0.92%, less than SCHW's 1.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGGO Capital Group Global Growth Equity ETF | 0.92% | 0.76% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHW The Charles Schwab Corporation | 1.35% | 1.45% | 1.01% | 0.86% | 1.36% | 1.43% | 1.11% | 0.62% | 0.68% | 0.73% | 0.79% | 0.92% |
Drawdowns
CGGO vs. SCHW - Drawdown Comparison
The maximum CGGO drawdown since its inception was -24.90%, smaller than the maximum SCHW drawdown of -86.79%. Use the drawdown chart below to compare losses from any high point for CGGO and SCHW. For additional features, visit the drawdowns tool.
Volatility
CGGO vs. SCHW - Volatility Comparison
The current volatility for Capital Group Global Growth Equity ETF (CGGO) is 4.07%, while The Charles Schwab Corporation (SCHW) has a volatility of 9.68%. This indicates that CGGO experiences smaller price fluctuations and is considered to be less risky than SCHW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.