CGGE - ETF AI Analysis
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Capital Group Global Equity ETF (CGGE)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, indicating that its overall strategy has been working well in the current market.
Leading Global Technology Holdings
Top positions in major chipmakers and tech giants have shown strong performance, helping drive the fund’s returns.
Broad Global and Sector Diversification
Holdings spread across many countries and industries help reduce the impact of weakness in any single region or sector.
Negative Factors
Recent Short-Term Pullback
The ETF has slipped over the past month, showing that its returns can be sensitive to short-term market swings.
Heavy Tilt Toward U.S. Stocks
A large share of the portfolio is invested in U.S. companies, which may limit the benefits of global diversification.
Moderate Expense Ratio
The fund’s fees are not especially low, which slightly reduces the net return investors keep over time.
CGGE vs. SPDR S&P 500 ETF (SPY)
AUM2.87B
RegionGlobal
Expense Ratio0.47%
Beta0.87
IssuerCapital Group
Inception DateJun 25, 2024
Dividend Yield0.37%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume535,527
30 Day Avg. Volume601,376
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
41.52Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering116
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 single index, but instead follows a broad “total market” theme, investing in companies from many countries and industries. It holds well-known names like Apple and Microsoft, along with other large, mid, and smaller companies across the world. Someone might invest in CGGE to get instant diversification and long-term growth potential from both U.S. and international stocks in one fund. A key risk is that it can rise or fall with global stock markets, and it has a meaningful tilt toward technology companies.
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 into the global AI and chip boom, with Broadcom, TSMC, ASML, and Nvidia doing much of the heavy lifting despite some recent bumps, while Apple has been a bright spot, gaining fresh momentum. Microsoft and Alphabet, once the clear tech darlings, have been more mixed lately and occasionally feel like they’re tapping the brakes. Financials and industrials, led by steady names like JPMorgan and GE Aerospace, add some balance, but this is still a globally diversified fund whose story is dominated by high-octane tech and semiconductors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 4.72% | $137.18M | $4.08T | 71.33% | 85 Outperform | |
| Broadcom | 4.55% | $132.06M | $1.81T | 22.37% | 76 Outperform | |
| TSMC | 3.59% | $104.22M | $1.82T | 54.24% | 81 Outperform | |
| Apple | 3.57% | $103.81M | $4.99T | 61.77% | 79 Outperform | |
| Microsoft | 3.25% | $94.46M | $2.92T | -23.91% | 79 Outperform | |
| ASML Holding NV | 2.54% | $73.92M | €530.35B | 118.10% | 76 Outperform | |
| JPMorgan Chase | 2.50% | $72.71M | $957.42B | 15.04% | 72 Outperform | |
| GE Aerospace | 2.28% | $66.15M | $377.25B | 28.18% | 72 Outperform | |
| Nvidia | 2.12% | $61.58M | $4.77T | 5.99% | 76 Outperform | |
| SK hynix Inc. | 2.05% | $59.56M | ₩10.00T> | 431.69% | ― |
CGGE Technical Analysis
Positive
―
Price Trends
34.43
Positive
33.28
Positive
32.51
Positive
Market Momentum
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 34.58, equal to the 50-day MA of 34.43, and equal to the 200-day MA of 32.51, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CGGE.
CGGE Peer Comparison
Comparison Results
Performance Comparison
CGGE
Capital Group Global Equity ETF
34.66
5.85
20.31%
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
―
―
―
BFLX
iShares Flexible Equity Active 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.
DisclaimerThis 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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