CGGO vs. VGRO.TO
Compare and contrast key facts about Capital Group Global Growth Equity ETF (CGGO) and Vanguard Growth ETF Portfolio (VGRO.TO).
CGGO and VGRO.TO 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. VGRO.TO is an actively managed fund by Vanguard. It was launched on Jan 25, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGGO or VGRO.TO.
Key characteristics
| CGGO | VGRO.TO | |
|---|---|---|
| YTD Return | 17.61% | 19.41% |
| 1Y Return | 27.44% | 26.16% |
| Sharpe Ratio | 1.94 | 3.43 |
| Sortino Ratio | 2.69 | 4.93 |
| Omega Ratio | 1.34 | 1.66 |
| Calmar Ratio | 2.71 | 5.21 |
| Martin Ratio | 10.94 | 26.95 |
| Ulcer Index | 2.51% | 0.97% |
| Daily Std Dev | 14.18% | 7.67% |
| Max Drawdown | -24.90% | -25.36% |
| Current Drawdown | -1.99% | -0.35% |
Correlation
The correlation between CGGO and VGRO.TO is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CGGO vs. VGRO.TO - Performance Comparison
In the year-to-date period, CGGO achieves a 17.61% return, which is significantly lower than VGRO.TO's 19.41% 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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CGGO vs. VGRO.TO - Expense Ratio Comparison
CGGO has a 0.47% expense ratio, which is higher than VGRO.TO's 0.24% expense ratio.
Risk-Adjusted Performance
CGGO vs. VGRO.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and Vanguard Growth ETF Portfolio (VGRO.TO). 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. VGRO.TO - Dividend Comparison
CGGO's dividend yield for the trailing twelve months is around 0.92%, less than VGRO.TO's 2.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
CGGO Capital Group Global Growth Equity ETF | 0.92% | 0.76% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% |
VGRO.TO Vanguard Growth ETF Portfolio | 2.17% | 2.16% | 2.17% | 1.82% | 1.79% | 2.21% | 2.12% |
Drawdowns
CGGO vs. VGRO.TO - Drawdown Comparison
The maximum CGGO drawdown since its inception was -24.90%, roughly equal to the maximum VGRO.TO drawdown of -25.36%. Use the drawdown chart below to compare losses from any high point for CGGO and VGRO.TO. For additional features, visit the drawdowns tool.
Volatility
CGGO vs. VGRO.TO - Volatility Comparison
Capital Group Global Growth Equity ETF (CGGO) has a higher volatility of 3.98% compared to Vanguard Growth ETF Portfolio (VGRO.TO) at 2.59%. This indicates that CGGO's price experiences larger fluctuations and is considered to be riskier than VGRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.