WBIG vs. CGGO
WBIG (WBI BullBear Yield 3000 ETF) and CGGO (Capital Group Global Growth Equity ETF) are both Global Equities funds. Both are actively managed. Over the past 3 years, WBIG returned 6.44%/yr vs 21.74%/yr for CGGO. A 0.65 correlation means they provide meaningful diversification when combined. WBIG charges 1.14%/yr vs 0.47%/yr for CGGO.
Performance
WBIG vs. CGGO - Performance Comparison
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Returns By Period
In the year-to-date period, WBIG achieves a 9.05% return, which is significantly lower than CGGO's 18.82% return.
WBIG
- 1D
- 0.36%
- 1M
- 3.86%
- YTD
- 9.05%
- 6M
- 8.24%
- 1Y
- 20.44%
- 3Y*
- 6.44%
- 5Y*
- 0.69%
- 10Y*
- 3.86%
CGGO
- 1D
- -0.46%
- 1M
- 7.52%
- YTD
- 18.82%
- 6M
- 20.00%
- 1Y
- 36.09%
- 3Y*
- 21.74%
- 5Y*
- —
- 10Y*
- —
WBIG vs. CGGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WBIG WBI BullBear Yield 3000 ETF | 9.05% | -0.39% | 5.87% | -2.68% | -6.69% |
CGGO Capital Group Global Growth Equity ETF | 18.82% | 21.08% | 14.80% | 23.43% | -13.12% |
Correlation
The correlation between WBIG and CGGO is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022 | 0.65 |
The correlation between WBIG and CGGO has been stable across timeframes, ranging from 0.61 to 0.66 - a consistent structural relationship.
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Return for Risk
WBIG vs. CGGO — Risk / Return Rank
WBIG
CGGO
WBIG vs. CGGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WBI BullBear Yield 3000 ETF (WBIG) 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.
| WBIG | CGGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.39 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.05 | 2.76 | +1.29 |
| Martin ratioReturn relative to average drawdown | 12.76 | 12.54 | +0.22 |
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
| WBIG | CGGO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 2.16 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.78 | -0.63 |
Drawdowns
WBIG vs. CGGO - Drawdown Comparison
The maximum WBIG drawdown since its inception was -25.32%, roughly equal to the maximum CGGO drawdown of -24.90%. Use the drawdown chart below to compare losses from any high point for WBIG and CGGO.
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Drawdown Indicators
| WBIG | CGGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.32% | -24.90% | -0.42% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -13.15% | +8.09% |
Max Drawdown (3Y)Largest decline over 3 years | -20.20% | -17.93% | -2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -25.32% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -25.32% | — | — |
Current DrawdownCurrent decline from peak | -4.50% | -1.27% | -3.23% |
Average DrawdownAverage peak-to-trough decline | -10.92% | -5.49% | -5.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 2.89% | -1.28% |
Volatility
WBIG vs. CGGO - Volatility Comparison
The current volatility for WBI BullBear Yield 3000 ETF (WBIG) is 3.42%, while Capital Group Global Growth Equity ETF (CGGO) has a volatility of 6.59%. This indicates that WBIG 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
| WBIG | CGGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.42% | 6.59% | -3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 6.58% | 14.41% | -7.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.87% | 16.78% | -6.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.05% | 18.55% | -6.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.55% | 18.55% | -7.00% |
WBIG vs. CGGO - Expense Ratio Comparison
WBIG has a 1.14% expense ratio, which is higher than CGGO's 0.47% expense ratio.
Dividends
WBIG vs. CGGO - Dividend Comparison
WBIG's dividend yield for the trailing twelve months is around 1.21%, less than CGGO's 1.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGGO Capital Group Global Growth Equity ETF | 1.70% | 2.03% | 1.10% | 0.76% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WBIG WBI BullBear Yield 3000 ETF | 1.21% | 1.74% | 2.05% | 1.74% | 1.29% | 2.94% | 0.90% | 1.87% | 1.20% | 1.27% | 0.96% | 1.41% |
Frequently Asked Questions
WBIG and CGGO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CGGO has higher volatility (6.59%) compared to WBIG (3.42%). In terms of maximum drawdown, WBIG dropped -25.32% vs CGGO's -24.90%.
On 3-year performance, CGGO leads with 21.74% vs 6.44% for WBIG. On fees, CGGO is cheaper at 0.47% per year. On volatility, WBIG has been the lower-risk option at 3.42%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, CGGO has performed better with a 21.74% return vs 6.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CGGO is cheaper with a 0.47% expense ratio, compared with 1.14% for WBIG.
CGGO has the higher dividend yield at 1.70%, compared with 1.21% for WBIG.
They also come from different issuers: WBI and Capital Group. Their fees differ too: 1.14% for WBIG and 0.47% for CGGO.
CGGO currently has the higher Sharpe Ratio (2.16 vs 2.08), 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.
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