CGGO vs. VOLT

Last updated Jun 25, 2026

CGGO (Capital Group Global Growth Equity ETF) and VOLT (Tema Electrification ETF) are both Global Equities funds. Both are actively managed. Over the past year, CGGO returned 32.98% vs 64.21% for VOLT. A 0.71 correlation means they provide meaningful diversification when combined. CGGO charges 0.47%/yr vs 0.75%/yr for VOLT.

Performance

CGGO vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Global Growth Equity ETF (CGGO) and Tema Electrification ETF (VOLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGGO achieves a 18.47% return, which is significantly lower than VOLT's 41.30% return.

CGGO

• 1D: 0.42%
• 1M: 4.29%
• YTD: 18.47%
• 6M: 17.68%
• 1Y: 32.98%
• 3Y*: 21.36%
• 5Y*: —
• 10Y*: —

VOLT

• 1D: 0.71%
• 1M: 3.23%
• YTD: 41.30%
• 6M: 38.97%
• 1Y: 64.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CGGO vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGGO Capital Group Global Growth Equity ETF	18.47%	21.08%	-3.35%
VOLT Tema Electrification ETF	41.30%	25.92%	-8.98%

Correlation

The correlation between CGGO and VOLT is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.71

The correlation between CGGO and VOLT has been stable across timeframes, ranging from 0.65 to 0.71 - a consistent structural relationship.

CGGO vs. VOLT - Sectors Allocation Comparison

Sectors	CGGO	VOLT
Technology	40.3%	12.9%
Industrials	13.6%	47.0%
Financial Services	9.7%	0.5%
Consumer Cyclical	9.2%	3.4%
Healthcare	8.6%	-
Communication Services	7.1%	-
Consumer Defensive	4.0%	-
Basic Materials	3.2%	-
Energy	1.7%	4.7%
Utilities	0.8%	31.0%
Real Estate	-	-

Return for Risk

CGGO vs. VOLT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CGGO

CGGO Risk / Return Rank: 60
CGGO Sharpe Ratio Rank: 59
CGGO Sortino Ratio Rank: 56
CGGO Omega Ratio Rank: 60
CGGO Calmar Ratio Rank: 57
CGGO Martin Ratio Rank: 67

VOLT

VOLT Risk / Return Rank: 91
VOLT Sharpe Ratio Rank: 93
VOLT Sortino Ratio Rank: 90
VOLT Omega Ratio Rank: 88
VOLT Calmar Ratio Rank: 95
VOLT Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CGGO vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Global Growth Equity ETF (CGGO) and Tema Electrification ETF (VOLT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CGGO	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	1.76	2.97	-1.21
Sortino ratio: Return per unit of downside risk	2.40	3.69	-1.29
Omega ratio: Gain probability vs. loss probability	1.33	1.49	-0.16
Calmar ratio: Return relative to maximum drawdown	2.52	6.73	-4.21
Martin ratio: Return relative to average drawdown	11.05	18.83	-7.77

CGGO vs. VOLT - Sharpe Ratio Comparison

The current CGGO Sharpe Ratio is 1.76, which is lower than the VOLT Sharpe Ratio of 2.97. The chart below compares the historical Sharpe Ratios of CGGO and VOLT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CGGO vs. VOLT - Drawdown Comparison

The maximum CGGO drawdown since its inception was -24.90%, which is greater than VOLT's maximum drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for CGGO and VOLT.

Drawdown Indicators

	CGGO	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-24.90%	-23.40%	-1.50%
Max Drawdown (1Y) Largest decline over 1 year	-13.15%	-9.59%	-3.56%
Max Drawdown (3Y) Largest decline over 3 years	-17.93%	—	—
Current Drawdown Current decline from peak	-3.62%	-2.81%	-0.81%
Average Drawdown Average peak-to-trough decline	-5.45%	-5.14%	-0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	3.42%	-0.43%

Volatility

CGGO vs. VOLT - Volatility Comparison

Capital Group Global Growth Equity ETF (CGGO) and Tema Electrification ETF (VOLT) have volatilities of 9.80% and 9.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGGO	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.80%	9.34%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	16.78%	18.28%	-1.50%
Volatility (1Y) Calculated over the trailing 1-year period	18.88%	21.74%	-2.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.99%	24.53%	-5.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.99%	24.53%	-5.54%

CGGO vs. VOLT - Expense Ratio Comparison

CGGO has a 0.47% expense ratio, which is lower than VOLT's 0.75% expense ratio.

Dividends

CGGO vs. VOLT - Dividend Comparison

CGGO's dividend yield for the trailing twelve months is around 1.71%, more than VOLT's 0.32% yield.

Position	TTM	2025	2024	2023	2022
CGGO Capital Group Global Growth Equity ETF	1.71%	2.03%	1.10%	0.76%	0.59%
VOLT Tema Electrification ETF	0.32%	0.46%	0.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGGO and VOLT in my portfolio?

CGGO and VOLT have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGGO or VOLT?

CGGO has higher volatility (9.80%) compared to VOLT (9.34%). In terms of maximum drawdown, CGGO dropped -24.90% vs VOLT's -23.40%.

Which ETF is better, CGGO or VOLT?

On 1-year performance, VOLT leads with 64.21% vs 32.98% for CGGO. On fees, CGGO is cheaper at 0.47% per year. On volatility, VOLT has been the lower-risk option at 9.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGGO or VOLT?

Over the 1-year period, VOLT has performed better with a 64.21% return vs 32.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGGO or VOLT?

CGGO is cheaper with a 0.47% expense ratio, compared with 0.75% for VOLT.

Which ETF pays a higher dividend yield, CGGO or VOLT?

CGGO has the higher dividend yield at 1.71%, compared with 0.32% for VOLT.

What is the main difference between CGGO and VOLT?

They also come from different issuers: Capital Group and Tema. Their fees differ too: 0.47% for CGGO and 0.75% for VOLT.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (2.97 vs 1.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.