CGGO vs. VHGEX
Compare and contrast key facts about Capital Group Global Growth Equity ETF (CGGO) and Vanguard Global Equity Fund (VHGEX).
CGGO is an actively managed fund by Capital Group. It was launched on Feb 22, 2022. VHGEX is managed by Vanguard. It was launched on Aug 14, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGGO or VHGEX.
Key characteristics
| CGGO | VHGEX | |
|---|---|---|
| YTD Return | 15.30% | 12.80% |
| 1Y Return | 26.16% | 22.40% |
| Sharpe Ratio | 1.80 | 1.53 |
| Daily Std Dev | 14.31% | 14.31% |
| Max Drawdown | -24.90% | -64.62% |
| Current Drawdown | -2.84% | -0.75% |
Correlation
The correlation between CGGO and VHGEX is 0.95, 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. VHGEX - Performance Comparison
In the year-to-date period, CGGO achieves a 15.30% return, which is significantly higher than VHGEX's 12.80% 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. VHGEX - Expense Ratio Comparison
CGGO has a 0.47% expense ratio, which is higher than VHGEX's 0.45% expense ratio.
Risk-Adjusted Performance
CGGO vs. VHGEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and Vanguard Global Equity Fund (VHGEX). 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. VHGEX - Dividend Comparison
CGGO's dividend yield for the trailing twelve months is around 0.95%, less than VHGEX's 1.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGGO Capital Group Global Growth Equity ETF | 0.95% | 0.76% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VHGEX Vanguard Global Equity Fund | 1.02% | 1.15% | 11.32% | 10.90% | 2.88% | 6.20% | 8.45% | 1.29% | 1.51% | 1.71% | 1.56% | 1.53% |
Drawdowns
CGGO vs. VHGEX - Drawdown Comparison
The maximum CGGO drawdown since its inception was -24.90%, smaller than the maximum VHGEX drawdown of -64.62%. Use the drawdown chart below to compare losses from any high point for CGGO and VHGEX. For additional features, visit the drawdowns tool.
Volatility
CGGO vs. VHGEX - Volatility Comparison
Capital Group Global Growth Equity ETF (CGGO) has a higher volatility of 4.90% compared to Vanguard Global Equity Fund (VHGEX) at 4.46%. This indicates that CGGO's price experiences larger fluctuations and is considered to be riskier than VHGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.