CGGE - ETF AI Analysis

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Capital Group Global Equity ETF (CGGE)

Rating:70Neutral

Price Target:―

CGGE, the Capital Group Global Equity ETF, earns a solid overall rating thanks to major positions in high-quality global leaders like Alphabet, Microsoft, and TSMC, which benefit from strong financial performance and powerful growth drivers in AI, cloud, and advanced chips. Additional support comes from holdings like Apple and AstraZeneca, which combine robust profitability with attractive long-term growth themes, though several stocks in the fund carry high valuations that could add risk if growth slows. The main risk factor is the fund’s heavy tilt toward expensive, growth-oriented technology and semiconductor names, which can make the ETF more sensitive to market swings and changes in investor sentiment toward high-growth stocks.

Positive Factors

Global Diversification

The fund invests across many countries, with meaningful exposure outside the U.S., which helps spread geographic risk.

Broad Sector Mix

Holdings are spread across technology, industrials, financials, health care, and other sectors, reducing reliance on any single industry.

Solid Recent Performance

The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.

Negative Factors

Heavy U.S. Tilt

More than half of the portfolio is in U.S. stocks, so results are still strongly tied to the U.S. market despite being a global fund.

Mixed Top-Holding Performance

Several major positions, including large technology and financial names, have been weak so far this year, which can drag on returns.

Moderate Expense Ratio

The fund’s fee is not especially low for an ETF, which slightly reduces the net return investors keep over time.

CGGE vs. SPDR S&P 500 ETF (SPY)

AUM1.99B

RegionGlobal

Expense Ratio0.47%

Beta0.83

IssuerCapital Group

Inception DateJun 25, 2024

Dividend Yield0.39%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume784,423

30 Day Avg. Volume814,357

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

38.08

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering114

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

CGGE Summary

The Capital Group Global Equity ETF (CGGE) is a global stock fund that doesn’t track a set index but instead follows a broad “total market” theme, picking companies from many countries and industries. It holds well-known names like Microsoft and Apple, along with many other firms in technology, finance, and industrials. Someone might invest in CGGE to get instant diversification across the world in a single ETF and seek long-term growth. A key risk is that it is heavily invested in stocks, so its value can go up and down with global markets.

How much will it cost me?The Capital Group Global Equity ETF (CGGE) has an expense ratio of 0.47%, meaning you’ll pay $4.70 per year for every $1,000 invested. This is slightly higher than average because it is actively managed, which involves more research and decision-making compared to passively managed funds that track an index.

What would affect this ETF?The Capital Group Global Equity ETF (CGGE) could benefit from continued growth in the technology and industrial sectors, which make up a significant portion of its holdings, as well as global economic expansion driving demand for its diversified portfolio. However, potential risks include rising interest rates, which could negatively impact financial and technology stocks, and geopolitical tensions that may disrupt global markets and supply chains. Investors should also consider regulatory changes in key regions that could affect the ETF's top holdings.

CGGE Top 10 Holdings

CGGE is leaning heavily on global tech and chip powerhouses, with Alphabet, TSMC, and ASML doing much of the heavy lifting as their shares keep rising on the back of AI and semiconductor demand. That strength is partly offset by Big Tech giants Microsoft, Apple, and Broadcom, which have been losing a bit of steam lately and acting as mild brakes on returns. Beyond tech, the fund has meaningful exposure to financials and industrials like JPMorgan and GE Aerospace, giving it a diversified global mix across the U.S., Europe, and Asia rather than a purely U.S.-centric profile.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
GOOGL	Alphabet Class A	5.02%	$99.71M	$4.08T	65.67%	85 Outperform
AVGO	Broadcom	4.21%	$83.67M	$1.57T	49.47%	76 Outperform
MSFT	Microsoft	3.54%	$70.28M	$3.20T	4.44%	79 Outperform
TSM	TSMC	3.12%	$61.99M	$1.46T	63.13%	81 Outperform
AAPL	Apple	2.75%	$54.66M	$3.81T	9.44%	79 Outperform
ASML	ASML Holding NV	2.56%	$50.88M	€464.34B	67.81%	76 Outperform
JPM	JPMorgan Chase	2.24%	$44.41M	$832.71B	14.64%	72 Outperform
GE	GE Aerospace	2.04%	$40.52M	$321.77B	46.81%	72 Outperform
NVDA	Nvidia	1.83%	$36.26M	$4.64T	59.18%	76 Outperform
AZN	AstraZeneca	1.80%	$35.78M	£210.86B	18.97%	80 Outperform

CGGE Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

31.74

Positive

100DMA

31.30

Positive

200DMA

29.82

Positive

Market Momentum

MACD

0.25

Positive

RSI

54.27

Neutral

STOCH

75.58

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CGGE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 32.48, equal to the 50-day MA of 31.74, and equal to the 200-day MA of 29.82, indicating a bullish trend. The MACD of 0.25 indicates Positive momentum. The RSI at 54.27 is Neutral, neither overbought nor oversold. The STOCH value of 75.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CGGE.

CGGE Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
CGGE	―	―	$1.99B	0.47%	―
JGLO	―	―	$6.98B	0.47%	―
CGDG	―	―	$4.43B	0.47%	―
BDYN	―	―	$2.48B	0.40%	―
BDVL	―	―	$1.50B	0.40%	―
INFL	―	―	$1.49B	0.85%	―

Performance Comparison

CGGE

Capital Group Global Equity ETF

32.50

6.03

22.78%

JGLO

JPMorgan Global Select Equity ETF

―

CGDG

Capital Group Dividend Growers ETF

―

BDYN

iShares Dynamic Equity Active ETF

―

BDVL

iShares Disciplined Volatility Equity Active ETF Trust Unit

―

INFL

Horizon Kinetics Inflation Beneficiaries ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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