CGGE - ETF AI Analysis

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Capital Group Global Equity ETF (CGGE)

Rating:68Neutral

Price Target:―

The Capital Group Global Equity ETF (CGGE) demonstrates a solid overall rating, driven by strong contributions from top holdings like Alphabet (GOOGL) and Microsoft (MSFT). Alphabet's strategic investments in AI and cloud services, coupled with robust financial performance, significantly bolster the fund's rating, while Microsoft's growth in cloud and AI segments further supports its positive outlook. However, holdings like SAFRAN SA (FR:SAF), which faces profitability challenges and neutral market sentiment, slightly weigh on the ETF's overall performance. A key risk factor is the fund's concentration in technology-related stocks, which could increase vulnerability to sector-specific downturns.

Positive Factors

Strong Top Holdings

Several key holdings, such as Broadcom, TSMC, and GE Aerospace, have delivered strong year-to-date performance, supporting the ETF's overall returns.

Global Diversification

The ETF provides exposure to multiple countries, including the USA, France, Japan, and the UK, reducing reliance on a single geographic region.

Balanced Sector Allocation

The fund is spread across diverse sectors like Technology, Industrials, and Financials, helping to mitigate sector-specific risks.

Negative Factors

High U.S. Concentration

With nearly 59% of its assets in U.S. companies, the ETF is heavily reliant on the performance of the American market.

Underperforming Holdings

Some holdings, such as Apple, have shown weaker year-to-date performance, which may drag on overall returns.

Moderate Expense Ratio

The ETF's expense ratio of 0.47% is higher than some low-cost alternatives, potentially reducing net returns for investors.

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

AUM1.80B

RegionGlobal

Expense Ratio0.47%

Beta0.83

IssuerCapital Group

Inception DateJun 25, 2024

Dividend Yield0.4%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume676,180

30 Day Avg. Volume700,000

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

36.02

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering115

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

CGGE Summary

The Capital Group Global Equity ETF (CGGE) is an investment fund that focuses on companies from around the world, offering exposure to a mix of large, mid, and small-sized businesses across various industries. It includes well-known companies like Microsoft and Broadcom and invests heavily in sectors such as technology and industrials. This ETF is a good option for investors looking to diversify their portfolio and tap into global growth opportunities. However, new investors should be aware that its performance can fluctuate with global market conditions, which means it may go up or down depending on how international markets are doing.

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

The Capital Group Global Equity ETF is leaning heavily on tech giants like Alphabet and Microsoft, which are riding the wave of AI-driven growth, though Microsoft’s recent performance has been mixed. Broadcom and TSMC add to the tech-heavy tilt, benefiting from semiconductor demand but facing valuation concerns. Industrials, led by GE Aerospace, are soaring thanks to strong financial results and raised guidance, while JPMorgan provides steady footing in the financial sector despite some credit cost challenges. With a global mix and a clear focus on technology and industrials, this fund is positioned for growth but may face headwinds from high valuations in key holdings.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
GOOGL	Alphabet Class A	4.40%	$75.94M	$3.89T	69.46%	85 Outperform
AVGO	Broadcom	4.15%	$71.47M	$1.63T	48.22%	76 Outperform
	―	3.69%	$63.62M	―	―	―
MSFT	Microsoft	3.54%	$61.05M	$3.59T	14.12%	79 Outperform
TSM	TSMC	2.66%	$45.90M	$1.37T	52.62%	81 Outperform
AAPL	Apple	2.51%	$43.34M	$3.85T	9.37%	79 Outperform
JPM	JPMorgan Chase	2.30%	$39.70M	$890.15B	37.49%	72 Outperform
GE	GE Aerospace	2.25%	$38.72M	$341.38B	83.14%	72 Outperform
SAF	SAFRAN SA	2.20%	$37.95M	€132.74B	45.68%	67 Neutral
ASML	ASML Holding NV	2.10%	$36.24M	€401.77B	41.34%	76 Outperform

CGGE Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

31.31

Positive

100DMA

30.88

Positive

200DMA

29.26

Positive

Market Momentum

MACD

0.30

Negative

RSI

62.68

Neutral

STOCH

84.06

Negative

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 31.72, equal to the 50-day MA of 31.31, and equal to the 200-day MA of 29.26, indicating a bullish trend. The MACD of 0.30 indicates Negative momentum. The RSI at 62.68 is Neutral, neither overbought nor oversold. The STOCH value of 84.06 is Negative, 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	―	―	$1.80B	0.47%	―
JGLO	―	―	$6.85B	0.47%	―
CGDG	―	―	$4.16B	0.47%	―
BDYN	―	―	$2.38B	0.40%	―
BDVL	―	―	$1.44B	0.40%	―
INFL	―	―	$1.35B	0.85%	―

Performance Comparison

CGGE

Capital Group Global Equity ETF

32.25

6.96

27.52%

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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