PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
CGGO vs. VIG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CGGOVIG
YTD Return15.30%16.33%
1Y Return26.16%23.97%
Sharpe Ratio1.802.39
Daily Std Dev14.31%10.15%
Max Drawdown-24.90%-46.81%
Current Drawdown-2.84%-0.20%

Correlation

-0.50.00.51.00.9

The correlation between CGGO and VIG is 0.86, 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. VIG - Performance Comparison

In the year-to-date period, CGGO achieves a 15.30% return, which is significantly lower than VIG's 16.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%AprilMayJuneJulyAugustSeptember
3.04%
8.91%
CGGO
VIG

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. VIG - Expense Ratio Comparison

CGGO has a 0.47% expense ratio, which is higher than VIG's 0.06% expense ratio.


CGGO
Capital Group Global Growth Equity ETF
Expense ratio chart for CGGO: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%
Expense ratio chart for VIG: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

CGGO vs. VIG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and Vanguard Dividend Appreciation ETF (VIG). 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
Sharpe ratio
The chart of Sharpe ratio for CGGO, currently valued at 1.80, compared to the broader market0.002.004.001.80
Sortino ratio
The chart of Sortino ratio for CGGO, currently valued at 2.50, compared to the broader market-2.000.002.004.006.008.0010.0012.002.50
Omega ratio
The chart of Omega ratio for CGGO, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.003.501.32
Calmar ratio
The chart of Calmar ratio for CGGO, currently valued at 2.34, compared to the broader market0.005.0010.0015.002.34
Martin ratio
The chart of Martin ratio for CGGO, currently valued at 9.54, compared to the broader market0.0020.0040.0060.0080.00100.00120.009.54
VIG
Sharpe ratio
The chart of Sharpe ratio for VIG, currently valued at 2.39, compared to the broader market0.002.004.002.39
Sortino ratio
The chart of Sortino ratio for VIG, currently valued at 3.30, compared to the broader market-2.000.002.004.006.008.0010.0012.003.30
Omega ratio
The chart of Omega ratio for VIG, currently valued at 1.43, compared to the broader market0.501.001.502.002.503.003.501.43
Calmar ratio
The chart of Calmar ratio for VIG, currently valued at 2.52, compared to the broader market0.005.0010.0015.002.52
Martin ratio
The chart of Martin ratio for VIG, currently valued at 12.25, compared to the broader market0.0020.0040.0060.0080.00100.00120.0012.25

CGGO vs. VIG - Sharpe Ratio Comparison

The current CGGO Sharpe Ratio is 1.80, which roughly equals the VIG Sharpe Ratio of 2.39. The chart below compares the 12-month rolling Sharpe Ratio of CGGO and VIG.


Rolling 12-month Sharpe Ratio1.001.502.002.50AprilMayJuneJulyAugustSeptember
1.80
2.39
CGGO
VIG

Dividends

CGGO vs. VIG - Dividend Comparison

CGGO's dividend yield for the trailing twelve months is around 0.95%, less than VIG's 1.71% yield.


TTM20232022202120202019201820172016201520142013
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%
VIG
Vanguard Dividend Appreciation ETF
1.71%1.88%1.96%1.55%1.63%1.71%2.08%1.88%2.14%2.34%1.95%1.84%

Drawdowns

CGGO vs. VIG - Drawdown Comparison

The maximum CGGO drawdown since its inception was -24.90%, smaller than the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for CGGO and VIG. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember
-2.84%
-0.20%
CGGO
VIG

Volatility

CGGO vs. VIG - Volatility Comparison

Capital Group Global Growth Equity ETF (CGGO) has a higher volatility of 4.90% compared to Vanguard Dividend Appreciation ETF (VIG) at 2.85%. This indicates that CGGO's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%AprilMayJuneJulyAugustSeptember
4.90%
2.85%
CGGO
VIG