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CGGE - ETF AI Analysis
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Capital Group Global Equity ETF (CGGE)
Rating:69Neutral
Price Target:―
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)
AUM2.15B
RegionGlobal
Expense Ratio0.47%
Beta0.85
IssuerCapital Group
Inception DateJun 25, 2024
Dividend Yield0.41%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,198,557
30 Day Avg. Volume979,260
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
37.72Price 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 leans heavily into global growth stories, with a clear tilt toward Big Tech and semiconductors. TSM and ASML are doing the heavy lifting, riding strong demand for advanced chips, while GE Aerospace and Safran add extra thrust from the industrial side. On the flip side, Microsoft has been losing altitude lately, and Broadcom’s mixed trading pattern has kept it from fully pulling its weight. Alphabet and Apple are more steady than spectacular, helping balance a portfolio that’s globally diversified rather than U.S.-only.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 4.73% | $101.20M | $3.65T | 82.66% | 85 Outperform | |
| Broadcom | 4.46% | $95.33M | $1.53T | 64.75% | 76 Outperform | |
| Microsoft | 3.47% | $74.23M | $2.94T | 1.80% | 79 Outperform | |
| TSMC | 3.34% | $71.34M | $1.50T | 94.33% | 81 Outperform | |
| Apple | 2.84% | $60.70M | $3.67T | 17.16% | 79 Outperform | |
| ASML Holding NV | 2.56% | $54.75M | €450.59B | 80.13% | 76 Outperform | |
| ― | 2.54% | $54.40M | ― | ― | ― | |
| JPMorgan Chase | 2.17% | $46.37M | $764.45B | 21.94% | 72 Outperform | |
| GE Aerospace | 2.15% | $45.93M | $314.32B | 52.04% | 72 Outperform | |
| Nvidia | 2.04% | $43.67M | $4.38T | 48.15% | 76 Outperform |
CGGE Technical Analysis
Negative
―
Price Trends
32.39
Negative
31.79
Negative
30.66
Positive
Market Momentum
-0.31
Positive
33.35
Neutral
21.17
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CGGE, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 32.27, equal to the 50-day MA of 32.39, and equal to the 200-day MA of 30.66, indicating a neutral trend. The MACD of -0.31 indicates Positive momentum. The RSI at 33.35 is Neutral, neither overbought nor oversold. The STOCH value of 21.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CGGE.
CGGE Peer Comparison
Comparison Results
Performance Comparison
CGGE
Capital Group Global Equity ETF
30.91
4.54
17.22%
JGLO
JPMorgan Global Select Equity ETF
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CGDG
Capital Group Dividend Growers ETF
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BDYN
iShares Dynamic Equity Active ETF
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INFL
Horizon Kinetics Inflation Beneficiaries ETF
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BDVL
iShares Disciplined Volatility Equity Active ETF Trust Unit
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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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