MMYT vs. CGGR
Compare and contrast key facts about MakeMyTrip Limited (MMYT) and Capital Group Growth ETF (CGGR).
CGGR is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMYT or CGGR.
Performance
MMYT vs. CGGR - Performance Comparison
Returns By Period
In the year-to-date period, MMYT achieves a 133.48% return, which is significantly higher than CGGR's 32.18% return.
MMYT
133.48%
6.51%
46.94%
158.34%
34.08%
14.27%
CGGR
32.18%
4.87%
17.60%
41.22%
N/A
N/A
Key characteristics
| MMYT | CGGR | |
|---|---|---|
| Sharpe Ratio | 3.11 | 2.64 |
| Sortino Ratio | 3.28 | 3.44 |
| Omega Ratio | 1.45 | 1.47 |
| Calmar Ratio | 7.48 | 4.22 |
| Martin Ratio | 22.01 | 17.13 |
| Ulcer Index | 7.20% | 2.44% |
| Daily Std Dev | 51.00% | 15.84% |
| Max Drawdown | -73.45% | -28.90% |
| Current Drawdown | -3.31% | -0.98% |
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Correlation
The correlation between MMYT and CGGR is 0.51, 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.
Risk-Adjusted Performance
MMYT vs. CGGR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MakeMyTrip Limited (MMYT) and Capital Group Growth ETF (CGGR). 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.
Dividends
MMYT vs. CGGR - Dividend Comparison
MMYT has not paid dividends to shareholders, while CGGR's dividend yield for the trailing twelve months is around 0.31%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
MMYT MakeMyTrip Limited | 0.00% | 0.00% | 0.00% |
CGGR Capital Group Growth ETF | 0.31% | 0.40% | 0.34% |
Drawdowns
MMYT vs. CGGR - Drawdown Comparison
The maximum MMYT drawdown since its inception was -73.45%, which is greater than CGGR's maximum drawdown of -28.90%. Use the drawdown chart below to compare losses from any high point for MMYT and CGGR. For additional features, visit the drawdowns tool.
Volatility
MMYT vs. CGGR - Volatility Comparison
MakeMyTrip Limited (MMYT) has a higher volatility of 18.11% compared to Capital Group Growth ETF (CGGR) at 5.22%. This indicates that MMYT's price experiences larger fluctuations and is considered to be riskier than CGGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.