CGGO
Capital Group Global Growth Equity ETF
CGGO is an actively managed fund that invests in US and non-US companies of any market capitalization with growth potential.
Global
EQUITY
Active
MANAGEMENT STYLE
4.5 B
ASSETS UNDER MGMT
47 bp
EXPENSES
Fund Basics
| Fund sponsor | The Capital Group Companies |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Feb 22, 2022 |
| Assets (mns) | $4,529 |
| Expense ratio | 47 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| MICROSOFT CORP | 6.1 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 4.9 % |
| ASML HOLDING NV | 4.2 % |
| NVIDIA CORP | 3.7 % |
| NOVO NORDISK A/S-B | 3.5 % |
| ALPHABET INC. CLASS A | 2.9 % |
| SAFRAN SA | 2.8 % |
| LVMH MOET HENNESSY LOUIS VUI | 2.5 % |
| ELI LILLY & CO | 2.3 % |
| THERMO FISHER SCIENTIFIC INC | 1.9 % |
Constituent Breakdown
| Number of holdings | 98 |
| Herfindahl-Hirschman Index | 207 |
| Wgt avg mkt cap (mns) | $550,886 |
| Large cap (>$10bn) | 98.2% |
| Mid cap ($2-10bn) | 1.5% |
| Small cap (<$2bn) | 0.3% |
| Developed mkts. | 88.3% |
| Emerging mkts. | 11.7% |
Country Exposure
 |
UNITED STATES | 48.9 % |
 |
FRANCE | 11.9 % |
 |
BRITAIN | 6.6 % |
 |
NETHERLANDS | 6.2 % |
 |
TAIWAN | 4.9 % |
 |
DENMARK | 3.5 % |
 |
CANADA | 2.7 % |
 |
IRELAND | 2.5 % |
 |
INDIA | 2.5 % |
 |
SWEDEN | 2.0 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 11.1% | 27.4% | 21.3% | -- | -- | -- | 6.8% | Volatility | 14.8% | 14.4% | 15.0% | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.99 | 92% |
| MSCI EAFE | 0.96 | 87% |
| MSCI Emg Mkts | 0.78 | 60% |
Liquidity Measures
| Avg. volume (000) | 560 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.04% |
| ADV of underlying (mns) | $126,870 |
Technical Indicators
| Recent close | $29.28 |
| 30d moving avg. | $30.11 |
| Annualized volatility | 18.4% |
| Relative strength (RSI) | 47 |
| Short interest (ETF) | 0.2% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CGGO |
Expenses vs. CGGO |
ALTAR Score™ vs. CGGO |
|---|---|---|---|---|
| CGGR | Capital Group Growth ETF | 35.8% | -8 bp | -1.3% |
| JCTR | JPMorgan Carbon Transition U.S. Equity ETF | 29.6% | -32 bp | +0.1% |
| CGUS | Capital Group Core Equity ETF | 29.3% | -14 bp | -0.2% |
| FFLC | Fidelity Fundamental Large Cap Core ETF | 28.3% | -9 bp | +0.2% |
| FQAL | Fidelity Quality Factor ETF | 28.2% | -32 bp | +1.3% |
| RND | First Trust Bloomberg R&D Leaders ETF | 27.9% | +13 bp | -1.0% |
| IWL | iShares Russell Top 200 ETF | 27.6% | -32 bp | +0.2% |
| SPXN | ProShares S&P 500 Ex-Financials ETF | 27.6% | -38 bp | +0.5% |
| FDMO | Fidelity Momentum Factor ETF | 27.6% | -32 bp | -0.6% |
| MGC | Vanguard Mega Cap ETF | 27.5% | -40 bp | +0.2% |
Risk and Returns: CGGO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/15/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
CGGO
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
CGGO
4.6%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 375 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.6%. CGGO's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places CGGO in the 53rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
CGGOSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active Global Equity ETFs |
| # of ETFs | 118 |
| Avg. Expense Ratio | 73.5 bp |
| Std. Deviation | 29.8 bp |
| CGGO (47 bp) Percentile rank | 20 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| CGGO | 47.0 | 4.3 | 51.3 |
| Peer Avg. | 66.9 | 30.0 | 97.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .