CHGX vs. GARY

Last updated Jun 24, 2026

CHGX (Change Finance U.S. Large Cap Fossil Fuel Free ETF) and GARY (Mango Growth ETF) are both Large Cap Growth Equities funds. CHGX is passively managed, while GARY is actively managed. Their correlation of 0.86 suggests significant overlap in exposure. CHGX charges 0.49%/yr vs 0.77%/yr for GARY.

Performance

CHGX vs. GARY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX) and Mango Growth ETF (GARY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHGX achieves a 20.22% return, which is significantly lower than GARY's 29.03% return.

CHGX

• 1D: -1.41%
• 1M: 2.26%
• YTD: 20.22%
• 6M: 19.19%
• 1Y: 29.65%
• 3Y*: 19.64%
• 5Y*: 10.11%
• 10Y*: —

GARY

• 1D: -2.93%
• 1M: 2.69%
• YTD: 29.03%
• 6M: 29.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CHGX vs. GARY - Yearly Performance Comparison

	2026 (YTD)	2025
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF	20.22%	-0.30%
GARY Mango Growth ETF	29.03%	0.15%

Correlation

The correlation between CHGX and GARY is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 22, 2025	0.86

Return for Risk

CHGX vs. GARY — Risk / Return Rank

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

CHGX

CHGX Risk / Return Rank: 69
CHGX Sharpe Ratio Rank: 68
CHGX Sortino Ratio Rank: 66
CHGX Omega Ratio Rank: 62
CHGX Calmar Ratio Rank: 73
CHGX Martin Ratio Rank: 76

GARY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

CHGX vs. GARY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX) and Mango Growth ETF (GARY). 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.

	CHGX	GARY	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	2.81	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	3.50	—	—
Martin ratio: Return relative to average drawdown	13.44	—	—

Drawdowns

CHGX vs. GARY - Drawdown Comparison

The maximum CHGX drawdown since its inception was -35.49%, which is greater than GARY's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for CHGX and GARY.

Drawdown Indicators

	CHGX	GARY	Difference
Max Drawdown Largest peak-to-trough decline	-35.49%	-10.28%	-25.21%
Max Drawdown (1Y) Largest decline over 1 year	-8.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.09%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.26%	—	—
Current Drawdown Current decline from peak	-2.47%	-3.15%	+0.68%
Average Drawdown Average peak-to-trough decline	-6.40%	-1.72%	-4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	—	—

Volatility

Volatility by Period

	CHGX	GARY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.55%	21.12%	-6.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.73%	21.12%	-3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.38%	21.12%	-1.74%

CHGX vs. GARY - Expense Ratio Comparison

CHGX has a 0.49% expense ratio, which is lower than GARY's 0.77% expense ratio.

Dividends

CHGX vs. GARY - Dividend Comparison

CHGX's dividend yield for the trailing twelve months is around 0.56%, more than GARY's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF	0.56%	0.67%	0.76%	0.94%	1.11%	0.56%	0.58%	0.86%	0.00%	0.59%
GARY Mango Growth ETF	0.04%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CHGX and GARY in my portfolio?

CHGX and GARY have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CHGX or GARY?

On fees, CHGX is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHGX or GARY?

CHGX is cheaper with a 0.49% expense ratio, compared with 0.77% for GARY.

Which ETF pays a higher dividend yield, CHGX or GARY?

CHGX has the higher dividend yield at 0.56%, compared with 0.04% for GARY.

What is the main difference between CHGX and GARY?

They also come from different issuers: Change Finance and Mango. Their fees differ too: 0.49% for CHGX and 0.77% for GARY.