MAGG.L vs. CGGO
Compare and contrast key facts about BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.L) and Capital Group Global Growth Equity ETF (CGGO).
MAGG.L and CGGO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MAGG.L is a passively managed fund by iShares that tracks the performance of the Morningstar UK Mod Adv Tgt Alloc NR GBP. It was launched on Sep 14, 2020. CGGO is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.
Performance
MAGG.L vs. CGGO - Performance Comparison
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MAGG.L vs. CGGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MAGG.L BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) | -0.90% | 10.89% | 19.68% | 12.90% | -7.73% |
CGGO Capital Group Global Growth Equity ETF | -0.34% | 12.45% | 16.81% | 17.26% | -3.93% |
Different Trading Currencies
MAGG.L is traded in GBP, while CGGO is traded in USD. To make them comparable, the CGGO values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, MAGG.L achieves a -0.90% return, which is significantly lower than CGGO's -0.34% return.
MAGG.L
- 1D
- 2.45%
- 1M
- -3.18%
- YTD
- -0.90%
- 6M
- 2.88%
- 1Y
- 14.70%
- 3Y*
- 12.69%
- 5Y*
- 6.90%
- 10Y*
- —
CGGO
- 1D
- 1.56%
- 1M
- -5.83%
- YTD
- -0.34%
- 6M
- 1.50%
- 1Y
- 18.90%
- 3Y*
- 12.56%
- 5Y*
- —
- 10Y*
- —
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MAGG.L vs. CGGO - Expense Ratio Comparison
MAGG.L has a 0.25% expense ratio, which is lower than CGGO's 0.47% expense ratio.
Return for Risk
MAGG.L vs. CGGO — Risk / Return Rank
MAGG.L
CGGO
MAGG.L vs. CGGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.L) 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.
| MAGG.L | CGGO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.01 | +0.10 |
Sortino ratioReturn per unit of downside risk | 1.58 | 1.51 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.22 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.98 | 1.75 | +0.23 |
Martin ratioReturn relative to average drawdown | 8.16 | 6.45 | +1.71 |
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
| MAGG.L | CGGO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.01 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.61 | +0.07 |
Correlation
The correlation between MAGG.L and CGGO is 0.50, 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
MAGG.L vs. CGGO - Dividend Comparison
MAGG.L has not paid dividends to shareholders, while CGGO's dividend yield for the trailing twelve months is around 2.07%.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MAGG.L BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CGGO Capital Group Global Growth Equity ETF | 2.07% | 2.03% | 1.10% | 0.76% | 0.59% |
Drawdowns
MAGG.L vs. CGGO - Drawdown Comparison
The maximum MAGG.L drawdown since its inception was -21.07%, roughly equal to the maximum CGGO drawdown of -20.35%. Use the drawdown chart below to compare losses from any high point for MAGG.L and CGGO.
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Drawdown Indicators
| MAGG.L | CGGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.07% | -24.90% | +3.83% |
Max Drawdown (1Y)Largest decline over 1 year | -11.04% | -13.15% | +2.11% |
Max Drawdown (5Y)Largest decline over 5 years | -21.07% | — | — |
Current DrawdownCurrent decline from peak | -4.63% | -8.11% | +3.48% |
Average DrawdownAverage peak-to-trough decline | -5.87% | -5.67% | -0.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 3.10% | -1.26% |
Volatility
MAGG.L vs. CGGO - Volatility Comparison
The current volatility for BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.L) is 4.61%, while Capital Group Global Growth Equity ETF (CGGO) has a volatility of 7.22%. This indicates that MAGG.L experiences smaller price fluctuations and is considered to be less risky than CGGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAGG.L | CGGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 7.22% | -2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 7.61% | 11.95% | -4.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.29% | 18.77% | -5.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.95% | 16.39% | -4.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.01% | 16.39% | -4.38% |