CGIC vs. GMOI

Last updated Jun 24, 2026

CGIC (Capital Group International Core Equity ETF) and GMOI (GMO International Value ETF) are both Foreign Large Cap Equities funds. CGIC is actively managed, while GMOI is passively managed. Over the past year, CGIC returned 28.50% vs 35.21% for GMOI. Their correlation of 0.85 suggests significant overlap in exposure. CGIC charges 0.54%/yr vs 0.60%/yr for GMOI.

Performance

CGIC vs. GMOI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group International Core Equity ETF (CGIC) and GMO International Value ETF (GMOI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with CGIC having a 11.18% return and GMOI slightly higher at 11.52%.

CGIC

• 1D: -2.67%
• 1M: 0.11%
• YTD: 11.18%
• 6M: 11.14%
• 1Y: 28.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GMOI

• 1D: -1.03%
• 1M: -1.76%
• YTD: 11.52%
• 6M: 11.19%
• 1Y: 35.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGIC vs. GMOI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGIC Capital Group International Core Equity ETF	11.18%	37.53%	-5.45%
GMOI GMO International Value ETF	11.52%	45.64%	-4.48%

Correlation

The correlation between CGIC and GMOI is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024	0.85

The correlation between CGIC and GMOI has been stable across timeframes, ranging from 0.85 to 0.85 - a consistent structural relationship.

Return for Risk

CGIC vs. GMOI — Risk / Return Rank

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

CGIC

CGIC Risk / Return Rank: 55
CGIC Sharpe Ratio Rank: 55
CGIC Sortino Ratio Rank: 52
CGIC Omega Ratio Rank: 54
CGIC Calmar Ratio Rank: 54
CGIC Martin Ratio Rank: 57

GMOI

GMOI Risk / Return Rank: 85
GMOI Sharpe Ratio Rank: 87
GMOI Sortino Ratio Rank: 87
GMOI Omega Ratio Rank: 83
GMOI Calmar Ratio Rank: 84
GMOI Martin Ratio Rank: 85

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.

CGIC vs. GMOI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group International Core Equity ETF (CGIC) and GMO International Value ETF (GMOI). 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.

	CGIC	GMOI	Difference
Sharpe ratio: Return per unit of total volatility	1.77	2.64	-0.87
Sortino ratio: Return per unit of downside risk	2.43	3.65	-1.22
Omega ratio: Gain probability vs. loss probability	1.32	1.47	-0.14
Calmar ratio: Return relative to maximum drawdown	2.53	4.23	-1.70
Martin ratio: Return relative to average drawdown	9.63	16.65	-7.02

CGIC vs. GMOI - Sharpe Ratio Comparison

The current CGIC Sharpe Ratio is 1.77, which is lower than the GMOI Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of CGIC and GMOI, 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

CGIC vs. GMOI - Drawdown Comparison

The maximum CGIC drawdown since its inception was -13.10%, smaller than the maximum GMOI drawdown of -14.67%. Use the drawdown chart below to compare losses from any high point for CGIC and GMOI.

Drawdown Indicators

	CGIC	GMOI	Difference
Max Drawdown Largest peak-to-trough decline	-13.10%	-14.67%	+1.57%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	-8.36%	-2.94%
Current Drawdown Current decline from peak	-2.67%	-2.63%	-0.04%
Average Drawdown Average peak-to-trough decline	-2.51%	-1.69%	-0.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	2.12%	+0.85%

Volatility

CGIC vs. GMOI - Volatility Comparison

Capital Group International Core Equity ETF (CGIC) has a higher volatility of 6.93% compared to GMO International Value ETF (GMOI) at 3.99%. This indicates that CGIC's price experiences larger fluctuations and is considered to be riskier than GMOI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGIC	GMOI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	3.99%	+2.94%
Volatility (6M) Calculated over the trailing 6-month period	14.22%	10.67%	+3.55%
Volatility (1Y) Calculated over the trailing 1-year period	16.15%	13.40%	+2.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.55%	15.57%	+0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	15.57%	+0.98%

CGIC vs. GMOI - Expense Ratio Comparison

CGIC has a 0.54% expense ratio, which is lower than GMOI's 0.60% expense ratio.

Dividends

CGIC vs. GMOI - Dividend Comparison

CGIC's dividend yield for the trailing twelve months is around 1.34%, less than GMOI's 2.45% yield.

Position	TTM	2025	2024
CGIC Capital Group International Core Equity ETF	1.34%	1.60%	0.68%
GMOI GMO International Value ETF	2.45%	2.74%	0.54%

Frequently Asked Questions

Can I hold both CGIC and GMOI in my portfolio?

CGIC and GMOI have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGIC or GMOI?

CGIC has higher volatility (6.93%) compared to GMOI (3.99%). In terms of maximum drawdown, CGIC dropped -13.10% vs GMOI's -14.67%.

Which ETF is better, CGIC or GMOI?

On 1-year performance, GMOI leads with 35.21% vs 28.50% for CGIC. On fees, CGIC is cheaper at 0.54% per year. On volatility, GMOI has been the lower-risk option at 3.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGIC or GMOI?

Over the 1-year period, GMOI has performed better with a 35.21% return vs 28.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGIC or GMOI?

CGIC is cheaper with a 0.54% expense ratio, compared with 0.60% for GMOI.

Which ETF pays a higher dividend yield, CGIC or GMOI?

GMOI has the higher dividend yield at 2.45%, compared with 1.34% for CGIC.

What is the main difference between CGIC and GMOI?

They also come from different issuers: Capital Group and GMO. Their fees differ too: 0.54% for CGIC and 0.60% for GMOI.

Which has better risk-adjusted returns?

GMOI currently has the higher Sharpe Ratio (2.64 vs 1.77), 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.