CGNG vs. JIVE

Last updated Jul 14, 2026

CGNG (Capital Group New Geography Equity ETF) and JIVE (JPMorgan International Value ETF) are both exchange-traded funds - CGNG is a Emerging Markets Diversified fund actively managed by Capital Group, while JIVE is a Foreign Large Cap Equities fund actively managed by JPMorgan. Both are actively managed. Over the past year, CGNG returned 25.17% vs 36.88% for JIVE. Their correlation of 0.80 suggests significant overlap in exposure. CGNG charges 0.64%/yr vs 0.55%/yr for JIVE.

Performance

CGNG vs. JIVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group New Geography Equity ETF (CGNG) and JPMorgan International Value ETF (JIVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGNG achieves a 11.71% return, which is significantly lower than JIVE's 15.36% return.

CGNG

• 1D: -2.86%
• 1M: -2.01%
• 6M: 6.38%
• YTD: 11.71%
• 1Y: 25.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JIVE

• 1D: -0.85%
• 1M: -1.06%
• 6M: 11.81%
• YTD: 15.36%
• 1Y: 36.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGNG vs. JIVE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGNG Capital Group New Geography Equity ETF	11.71%	29.78%	-1.17%
JIVE JPMorgan International Value ETF	15.36%	49.80%	2.02%

Correlation

The correlation between CGNG and JIVE is 0.81, 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	0.81
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024	0.80

The correlation between CGNG and JIVE has been stable across timeframes, ranging from 0.80 to 0.81 - a consistent structural relationship.

Return for Risk

CGNG vs. JIVE — Risk / Return Rank

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

CGNG

CGNG Risk / Return Rank: 46
CGNG Sharpe Ratio Rank: 42
CGNG Sortino Ratio Rank: 41
CGNG Omega Ratio Rank: 45
CGNG Calmar Ratio Rank: 45
CGNG Martin Ratio Rank: 54

JIVE

JIVE Risk / Return Rank: 87
JIVE Sharpe Ratio Rank: 91
JIVE Sortino Ratio Rank: 89
JIVE Omega Ratio Rank: 89
JIVE Calmar Ratio Rank: 82
JIVE Martin Ratio Rank: 84

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.

CGNG vs. JIVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group New Geography Equity ETF (CGNG) and JPMorgan International Value ETF (JIVE). 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.

	CGNG	JIVE	Difference
Sharpe ratio: Return per unit of total volatility	1.21	2.45	-1.24
Sortino ratio: Return per unit of downside risk	1.72	3.25	-1.53
Omega ratio: Gain probability vs. loss probability	1.23	1.44	-0.20
Calmar ratio: Return relative to maximum drawdown	1.84	3.51	-1.67
Martin ratio: Return relative to average drawdown	7.23	13.18	-5.95

CGNG vs. JIVE - Sharpe Ratio Comparison

The current CGNG Sharpe Ratio is 1.21, which is lower than the JIVE Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of CGNG and JIVE, 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

CGNG vs. JIVE - Drawdown Comparison

The maximum CGNG drawdown since its inception was -15.90%, which is greater than JIVE's maximum drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for CGNG and JIVE.

Drawdown Indicators

	CGNG	JIVE	Difference
Max Drawdown Largest peak-to-trough decline	-15.90%	-13.79%	-2.11%
Max Drawdown (1Y) Largest decline over 1 year	-13.75%	-10.57%	-3.18%
Current Drawdown Current decline from peak	-6.40%	-2.06%	-4.34%
Average Drawdown Average peak-to-trough decline	-2.87%	-1.95%	-0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	2.81%	+0.68%

Volatility

CGNG vs. JIVE - Volatility Comparison

Capital Group New Geography Equity ETF (CGNG) has a higher volatility of 9.68% compared to JPMorgan International Value ETF (JIVE) at 5.03%. This indicates that CGNG's price experiences larger fluctuations and is considered to be riskier than JIVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGNG	JIVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.68%	5.03%	+4.65%
Volatility (6M) Calculated over the trailing 6-month period	19.02%	13.13%	+5.89%
Volatility (1Y) Calculated over the trailing 1-year period	20.99%	15.17%	+5.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.39%	15.10%	+4.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.39%	15.10%	+4.29%

CGNG vs. JIVE - Expense Ratio Comparison

CGNG has a 0.64% expense ratio, which is higher than JIVE's 0.55% expense ratio.

Dividends

CGNG vs. JIVE - Dividend Comparison

CGNG's dividend yield for the trailing twelve months is around 0.61%, less than JIVE's 2.49% yield.

Position	TTM	2025	2024	2023
CGNG Capital Group New Geography Equity ETF	0.61%	0.68%	0.27%	0.00%
JIVE JPMorgan International Value ETF	2.49%	2.88%	2.48%	0.74%

Frequently Asked Questions

Can I hold both CGNG and JIVE in my portfolio?

CGNG and JIVE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGNG or JIVE?

CGNG has higher volatility (9.68%) compared to JIVE (5.03%). In terms of maximum drawdown, CGNG dropped -15.90% vs JIVE's -13.79%.

Which ETF is better, CGNG or JIVE?

On 1-year performance, JIVE leads with 36.88% vs 25.17% for CGNG. On fees, JIVE is cheaper at 0.55% per year. On volatility, JIVE has been the lower-risk option at 5.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGNG or JIVE?

Over the 1-year period, JIVE has performed better with a 36.88% return vs 25.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGNG or JIVE?

JIVE is cheaper with a 0.55% expense ratio, compared with 0.64% for CGNG.

Which ETF pays a higher dividend yield, CGNG or JIVE?

JIVE has the higher dividend yield at 2.49%, compared with 0.61% for CGNG.

What is the main difference between CGNG and JIVE?

CGNG is categorized as Emerging Markets Diversified, while JIVE is Foreign Large Cap Equities. They also come from different issuers: Capital Group and JPMorgan. Their fees differ too: 0.64% for CGNG and 0.55% for JIVE.

Which has better risk-adjusted returns?

JIVE currently has the higher Sharpe Ratio (2.45 vs 1.21), 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.