CPGAX vs. TAVFX
CPGAX (American Funds Global Growth Portfolio) and TAVFX (Third Avenue Value Fund) are both Global Equities funds. Over the past 10 years, CPGAX returned 11.73%/yr vs 10.76%/yr for TAVFX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. CPGAX charges 0.40%/yr vs 1.15%/yr for TAVFX.
Performance
CPGAX vs. TAVFX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CPGAX achieves a 8.96% return, which is significantly lower than TAVFX's 15.50% return. Over the past 10 years, CPGAX has outperformed TAVFX with an annualized return of 11.73%, while TAVFX has yielded a comparatively lower 10.76% annualized return.
CPGAX
- 1D
- 2.62%
- 1M
- -2.39%
- 6M
- 5.34%
- YTD
- 8.96%
- 1Y
- 21.09%
- 3Y*
- 16.89%
- 5Y*
- 7.80%
- 10Y*
- 11.73%
- ALL TIME*
- 11.49%
TAVFX
- 1D
- 1.59%
- 1M
- 4.97%
- 6M
- 7.17%
- YTD
- 15.50%
- 1Y
- 39.49%
- 3Y*
- 15.69%
- 5Y*
- 16.88%
- 10Y*
- 10.76%
- ALL TIME*
- 10.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CPGAX vs. TAVFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPGAX American Funds Global Growth Portfolio | 8.96% | 22.99% | 14.81% | 24.05% | -25.77% | 12.89% | 27.36% | 27.87% | -8.99% | 28.56% |
TAVFX Third Avenue Value Fund | 15.50% | 35.93% | -2.43% | 20.26% | 17.46% | 22.39% | 7.76% | 12.95% | -25.95% | 8.81% |
Correlation
The correlation between CPGAX and TAVFX is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.64 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.70 |
Correlation (All Time) Calculated using the full available price history since May 21, 2012 | 0.73 |
The correlation between CPGAX and TAVFX has been stable across timeframes, ranging from 0.64 to 0.73 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CPGAX vs. TAVFX — Risk / Return Rank
CPGAX
TAVFX
CPGAX vs. TAVFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Global Growth Portfolio (CPGAX) and Third Avenue Value Fund (TAVFX). 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.
| CPGAX | TAVFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.43 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 3.36 | -1.68 |
| Martin ratioReturn relative to average drawdown | 6.86 | 12.35 | -5.49 |
Loading charts...
Drawdowns
CPGAX vs. TAVFX - Drawdown Comparison
The maximum CPGAX drawdown since its inception was -34.42%, smaller than the maximum TAVFX drawdown of -66.11%. Use the drawdown chart below to compare losses from any high point for CPGAX and TAVFX.
Loading charts...
Drawdown Indicators
| CPGAX | TAVFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.42% | -66.11% | +31.69% |
Max Drawdown (1Y)Largest decline over 1 year | -11.33% | -11.48% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -17.99% | -66.11% | +48.12% |
Max Drawdown (5Y)Largest decline over 5 years | -34.42% | -66.11% | +31.69% |
Max Drawdown (10Y)Largest decline over 10 years | -34.42% | -66.11% | +31.69% |
Current DrawdownCurrent decline from peak | -4.03% | -0.67% | -3.36% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -9.55% | +3.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 3.12% | -0.34% |
Volatility
CPGAX vs. TAVFX - Volatility Comparison
American Funds Global Growth Portfolio (CPGAX) has a higher volatility of 5.24% compared to Third Avenue Value Fund (TAVFX) at 4.07%. This indicates that CPGAX's price experiences larger fluctuations and is considered to be riskier than TAVFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CPGAX | TAVFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 4.07% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 13.76% | 11.84% | +1.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 15.62% | +0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.39% | 81.99% | -64.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.32% | 60.27% | -42.95% |
CPGAX vs. TAVFX - Expense Ratio Comparison
CPGAX has a 0.40% expense ratio, which is lower than TAVFX's 1.15% expense ratio.
Dividends
CPGAX vs. TAVFX - Dividend Comparison
CPGAX's dividend yield for the trailing twelve months is around 5.13%, less than TAVFX's 6.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPGAX American Funds Global Growth Portfolio | 5.13% | 5.59% | 4.29% | 0.92% | 7.95% | 3.33% | 0.77% | 4.89% | 5.69% | 6.21% | 3.66% | 3.92% |
TAVFX Third Avenue Value Fund | 6.00% | 6.93% | 9.86% | 4.48% | 5.67% | 3.74% | 0.70% | 5.95% | 4.45% | 3.03% | 8.24% | 8.43% |
Frequently Asked Questions
CPGAX and TAVFX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPGAX has higher volatility (5.24%) compared to TAVFX (4.07%). In terms of maximum drawdown, CPGAX dropped -34.42% vs TAVFX's -66.11%.
TAVFX currently has the higher Sharpe Ratio (2.50 vs 1.18), 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.
Find the right allocation for CPGAX and TAVFX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer