CGXU vs. CGGO

Last updated Jun 24, 2026

CGXU (Capital Group International Focus Equity ETF) and CGGO (Capital Group Global Growth Equity ETF) are both exchange-traded funds - CGXU is a Foreign Large Cap Equities fund actively managed by Capital Group, while CGGO is a Global Equities fund actively managed by Capital Group. Both are actively managed. Over the past 3 years, CGXU returned 16.80%/yr vs 21.20%/yr for CGGO. Their correlation of 0.89 suggests significant overlap in exposure. CGXU charges 0.54%/yr vs 0.47%/yr for CGGO.

Performance

CGXU vs. CGGO - Performance Comparison

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

Returns By Period

In the year-to-date period, CGXU achieves a 16.62% return, which is significantly lower than CGGO's 17.98% return.

CGXU

• 1D: -4.30%
• 1M: 2.74%
• YTD: 16.62%
• 6M: 16.79%
• 1Y: 37.49%
• 3Y*: 16.80%
• 5Y*: —
• 10Y*: —

CGGO

• 1D: -4.02%
• 1M: 3.86%
• YTD: 17.98%
• 6M: 17.46%
• 1Y: 34.69%
• 3Y*: 21.20%
• 5Y*: —
• 10Y*: —

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

CGXU vs. CGGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CGXU Capital Group International Focus Equity ETF	16.62%	26.31%	4.36%	15.75%	-11.64%
CGGO Capital Group Global Growth Equity ETF	17.98%	21.08%	14.80%	23.43%	-10.40%

Correlation

The correlation between CGXU and CGGO is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.89

The correlation between CGXU and CGGO has been stable across timeframes, ranging from 0.88 to 0.90 - a consistent structural relationship.

CGXU vs. CGGO - Sectors Allocation Comparison

Sectors	CGXU	CGGO
Technology	22.1%	40.3%
Basic Materials	15.4%	3.2%
Industrials	14.4%	13.6%
Communication Services	12.4%	7.1%
Financial Services	11.3%	9.7%
Energy	7.1%	1.7%
Consumer Cyclical	7.0%	9.2%
Consumer Defensive	4.5%	4.0%
Healthcare	4.0%	8.6%
Utilities	1.8%	0.8%
Real Estate	-	-

Return for Risk

CGXU vs. CGGO — Risk / Return Rank

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

CGXU

CGXU Risk / Return Rank: 56
CGXU Sharpe Ratio Rank: 54
CGXU Sortino Ratio Rank: 51
CGXU Omega Ratio Rank: 53
CGXU Calmar Ratio Rank: 61
CGXU Martin Ratio Rank: 61

CGGO

CGGO Risk / Return Rank: 59
CGGO Sharpe Ratio Rank: 58
CGGO Sortino Ratio Rank: 55
CGGO Omega Ratio Rank: 59
CGGO Calmar Ratio Rank: 56
CGGO Martin Ratio Rank: 67

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.

CGXU vs. CGGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group International Focus Equity ETF (CGXU) and Capital Group Global Growth Equity ETF (CGGO). 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.

	CGXU	CGGO	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.85	-0.11
Sortino ratio: Return per unit of downside risk	2.37	2.50	-0.14
Omega ratio: Gain probability vs. loss probability	1.31	1.34	-0.03
Calmar ratio: Return relative to maximum drawdown	2.87	2.65	+0.21
Martin ratio: Return relative to average drawdown	10.38	11.66	-1.29

CGXU vs. CGGO - Sharpe Ratio Comparison

The current CGXU Sharpe Ratio is 1.74, which is comparable to the CGGO Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of CGXU and CGGO, 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

CGXU vs. CGGO - Drawdown Comparison

The maximum CGXU drawdown since its inception was -25.64%, roughly equal to the maximum CGGO drawdown of -24.90%. Use the drawdown chart below to compare losses from any high point for CGXU and CGGO.

Drawdown Indicators

	CGXU	CGGO	Difference
Max Drawdown Largest peak-to-trough decline	-25.64%	-24.90%	-0.74%
Max Drawdown (1Y) Largest decline over 1 year	-13.14%	-13.15%	+0.01%
Max Drawdown (3Y) Largest decline over 3 years	-21.63%	-17.93%	-3.70%
Current Drawdown Current decline from peak	-4.54%	-4.02%	-0.52%
Average Drawdown Average peak-to-trough decline	-6.61%	-5.46%	-1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	2.98%	+0.64%

Volatility

CGXU vs. CGGO - Volatility Comparison

Capital Group International Focus Equity ETF (CGXU) and Capital Group Global Growth Equity ETF (CGGO) have volatilities of 10.26% and 9.82%, 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

	CGXU	CGGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.26%	9.82%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	19.17%	16.81%	+2.36%
Volatility (1Y) Calculated over the trailing 1-year period	21.71%	18.89%	+2.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.33%	18.99%	+1.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.33%	18.99%	+1.34%

CGXU vs. CGGO - Expense Ratio Comparison

CGXU has a 0.54% expense ratio, which is higher than CGGO's 0.47% expense ratio.

Dividends

CGXU vs. CGGO - Dividend Comparison

CGXU's dividend yield for the trailing twelve months is around 4.55%, more than CGGO's 1.72% yield.

Position	TTM	2025	2024	2023	2022
CGGO Capital Group Global Growth Equity ETF	1.72%	2.03%	1.10%	0.76%	0.59%
CGXU Capital Group International Focus Equity ETF	4.55%	5.31%	1.01%	0.99%	0.95%

Frequently Asked Questions

Can I hold both CGXU and CGGO in my portfolio?

With a correlation of 0.90, CGXU and CGGO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CGXU or CGGO?

CGXU has higher volatility (10.26%) compared to CGGO (9.82%). In terms of maximum drawdown, CGXU dropped -25.64% vs CGGO's -24.90%.

Which ETF is better, CGXU or CGGO?

On 3-year performance, CGGO leads with 21.20% vs 16.80% for CGXU. On fees, CGGO is cheaper at 0.47% per year. On volatility, CGGO has been the lower-risk option at 9.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGXU or CGGO?

Over the 3-year period, CGGO has performed better with a 21.20% return vs 16.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGXU or CGGO?

CGGO is cheaper with a 0.47% expense ratio, compared with 0.54% for CGXU.

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

CGXU has the higher dividend yield at 4.55%, compared with 1.72% for CGGO.

What is the main difference between CGXU and CGGO?

CGXU is categorized as Foreign Large Cap Equities, while CGGO is Global Equities. Their fees differ too: 0.54% for CGXU and 0.47% for CGGO.

Which has better risk-adjusted returns?

CGGO currently has the higher Sharpe Ratio (1.85 vs 1.74), 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.