CGNG vs. FBAL.NEO
Compare and contrast key facts about Capital Group New Geography Equity ETF (CGNG) and Fidelity All-in-One Balanced ETF (FBAL.NEO).
CGNG and FBAL.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGNG is an actively managed fund by Capital Group. It was launched on Jun 25, 2024. FBAL.NEO is an actively managed fund by Fidelity. It was launched on Jan 21, 2021.
Performance
CGNG vs. FBAL.NEO - Performance Comparison
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CGNG vs. FBAL.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CGNG Capital Group New Geography Equity ETF | -0.09% | 29.78% | -0.97% |
FBAL.NEO Fidelity All-in-One Balanced ETF | 0.21% | 18.33% | 4.13% |
Different Trading Currencies
CGNG is traded in USD, while FBAL.NEO is traded in CAD. To make them comparable, the FBAL.NEO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CGNG achieves a -0.09% return, which is significantly lower than FBAL.NEO's 0.21% return.
CGNG
- 1D
- 1.05%
- 1M
- -6.62%
- YTD
- -0.09%
- 6M
- 3.27%
- 1Y
- 27.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FBAL.NEO
- 1D
- 0.59%
- 1M
- -4.25%
- YTD
- 0.21%
- 6M
- 3.03%
- 1Y
- 15.48%
- 3Y*
- 13.00%
- 5Y*
- 7.79%
- 10Y*
- —
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CGNG vs. FBAL.NEO - Expense Ratio Comparison
CGNG has a 0.64% expense ratio, which is higher than FBAL.NEO's 0.40% expense ratio.
Return for Risk
CGNG vs. FBAL.NEO — Risk / Return Rank
CGNG
FBAL.NEO
CGNG vs. FBAL.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group New Geography Equity ETF (CGNG) and Fidelity All-in-One Balanced ETF (FBAL.NEO). 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.
| CGNG | FBAL.NEO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.42 | 1.54 | -0.11 |
Sortino ratioReturn per unit of downside risk | 2.01 | 2.10 | -0.10 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.29 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 2.01 | 2.22 | -0.21 |
Martin ratioReturn relative to average drawdown | 8.44 | 9.29 | -0.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CGNG | FBAL.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.42 | 1.54 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.65 | +0.23 |
Correlation
The correlation between CGNG and FBAL.NEO is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
CGNG vs. FBAL.NEO - Dividend Comparison
CGNG's dividend yield for the trailing twelve months is around 0.68%, less than FBAL.NEO's 1.59% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CGNG Capital Group New Geography Equity ETF | 0.68% | 0.68% | 0.27% | 0.00% | 0.00% | 0.00% |
FBAL.NEO Fidelity All-in-One Balanced ETF | 1.59% | 1.61% | 1.42% | 1.71% | 4.48% | 1.08% |
Drawdowns
CGNG vs. FBAL.NEO - Drawdown Comparison
The maximum CGNG drawdown since its inception was -15.90%, smaller than the maximum FBAL.NEO drawdown of -20.16%. Use the drawdown chart below to compare losses from any high point for CGNG and FBAL.NEO.
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Drawdown Indicators
| CGNG | FBAL.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.90% | -13.83% | -2.07% |
Max Drawdown (1Y)Largest decline over 1 year | -13.75% | -7.39% | -6.36% |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.83% | — |
Current DrawdownCurrent decline from peak | -9.12% | -3.32% | -5.80% |
Average DrawdownAverage peak-to-trough decline | -2.91% | -2.48% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 1.90% | +1.38% |
Volatility
CGNG vs. FBAL.NEO - Volatility Comparison
Capital Group New Geography Equity ETF (CGNG) has a higher volatility of 9.21% compared to Fidelity All-in-One Balanced ETF (FBAL.NEO) at 4.21%. This indicates that CGNG's price experiences larger fluctuations and is considered to be riskier than FBAL.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGNG | FBAL.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.21% | 4.21% | +5.00% |
Volatility (6M)Calculated over the trailing 6-month period | 13.86% | 6.80% | +7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.15% | 10.14% | +9.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.50% | 11.98% | +5.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.50% | 11.95% | +5.55% |