MMYT vs. CGGR

Last updated Apr 2, 2026

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.

Performance

MMYT vs. CGGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MakeMyTrip Limited (MMYT) and Capital Group Growth ETF (CGGR). The values are adjusted to include any dividend payments, if applicable.

MMYT vs. CGGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MMYT MakeMyTrip Limited	-53.87%	-26.86%	139.00%	70.40%	9.27%
CGGR Capital Group Growth ETF	-8.70%	19.75%	32.12%	42.18%	-18.50%

Returns By Period

In the year-to-date period, MMYT achieves a -53.87% return, which is significantly lower than CGGR's -8.70% return.

MMYT

• 1D: 1.58%
• 1M: -32.28%
• YTD: -53.87%
• 6M: -58.98%
• 1Y: -61.79%
• 3Y*: 15.68%
• 5Y*: 3.38%
• 10Y*: 7.72%

CGGR

• 1D: 1.02%
• 1M: -5.87%
• YTD: -8.70%
• 6M: -7.98%
• 1Y: 17.69%
• 3Y*: 22.17%
• 5Y*: —
• 10Y*: —

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

Return for Risk

MMYT vs. CGGR — Risk / Return Rank

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

MMYT

MMYT Risk / Return Rank: 3
MMYT Sharpe Ratio Rank: 1
MMYT Sortino Ratio Rank: 2
MMYT Omega Ratio Rank: 2
MMYT Calmar Ratio Rank: 7
MMYT Martin Ratio Rank: 1

CGGR

CGGR Risk / Return Rank: 43
CGGR Sharpe Ratio Rank: 40
CGGR Sortino Ratio Rank: 43
CGGR Omega Ratio Rank: 44
CGGR Calmar Ratio Rank: 45
CGGR Martin Ratio Rank: 45

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.

MMYT vs. CGGR - Risk-Adjusted Trends 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.

	MMYT	CGGR	Difference
Sharpe ratio Return per unit of total volatility	-1.26	0.78	-2.05
Sortino ratio Return per unit of downside risk	-2.09	1.26	-3.35
Omega ratio Gain probability vs. loss probability	0.73	1.18	-0.45
Calmar ratio Return relative to maximum drawdown	-0.90	1.23	-2.14
Martin ratio Return relative to average drawdown	-2.04	4.49	-6.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MMYT vs. CGGR - Sharpe Ratio Comparison

The current MMYT Sharpe Ratio is -1.26, which is lower than the CGGR Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of MMYT and CGGR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MMYT	CGGR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.26	0.78	-2.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.61	-0.57

Correlation

The correlation between MMYT and CGGR is 0.48, 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

MMYT vs. CGGR - Dividend Comparison

MMYT has not paid dividends to shareholders, while CGGR's dividend yield for the trailing twelve months is around 0.10%.

	TTM	2025	2024	2023	2022
MMYT MakeMyTrip Limited	0.00%	0.00%	0.00%	0.00%	0.00%
CGGR Capital Group Growth ETF	0.10%	0.10%	0.33%	0.40%	0.33%

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.

Drawdown Indicators

	MMYT	CGGR	Difference
Max Drawdown Largest peak-to-trough decline	-73.45%	-28.90%	-44.55%
Max Drawdown (1Y) Largest decline over 1 year	-67.94%	-15.13%	-52.81%
Max Drawdown (5Y) Largest decline over 5 years	-69.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.45%	—	—
Current Drawdown Current decline from peak	-68.55%	-11.04%	-57.51%
Average Drawdown Average peak-to-trough decline	-36.06%	-7.93%	-28.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.12%	4.15%	+25.97%

Volatility

MMYT vs. CGGR - Volatility Comparison

MakeMyTrip Limited (MMYT) has a higher volatility of 17.56% compared to Capital Group Growth ETF (CGGR) at 7.30%. 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.

Volatility by Period

	MMYT	CGGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.56%	7.30%	+10.26%
Volatility (6M) Calculated over the trailing 6-month period	36.54%	13.07%	+23.47%
Volatility (1Y) Calculated over the trailing 1-year period	49.04%	22.66%	+26.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.57%	21.98%	+26.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.99%	21.98%	+31.01%