CGGO - ETF AI Analysis
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Capital Group Global Growth Equity ETF (CGGO)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains so far this year and over the past month, showing positive momentum.
Leading Growth Companies in Top Holdings
Several of the largest positions, including major chipmakers and technology firms, have shown strong performance, helping drive the fund’s returns.
Broad Global and Sector Diversification
Holdings spread across many countries and sectors, with meaningful exposure beyond the U.S., help reduce the impact of weakness in any single market or industry.
Negative Factors
Moderate Expense Ratio
The fund’s fee is not especially low, which can slightly reduce long-term returns compared with cheaper index ETFs.
Heavy Tilt Toward Technology
A large share of assets in technology and related growth sectors makes the ETF more sensitive to swings in tech stocks.
Some Large Holdings Are Lagging
A few of the bigger positions, including well-known technology and financial names, have shown weaker recent performance, which can drag on overall returns.
CGGO vs. SPDR S&P 500 ETF (SPY)
AUM10.29B
RegionGlobal
Expense Ratio0.47%
Beta1.03
IssuerCapital Group
Inception DateFeb 22, 2022
Dividend Yield1.78%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,226,289
30 Day Avg. Volume1,284,815
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
45.17Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering102
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CGGO Summary
The Capital Group Global Growth Equity ETF (CGGO) is an actively managed fund that invests in growth-focused companies from around the world, with a strong tilt toward the U.S. It doesn’t track a specific index, but follows a global growth theme across many sectors, especially technology, financials, and industrials. Well-known holdings include Microsoft, Alphabet (Google), Nvidia, and Meta Platforms. Someone might invest in CGGO to seek long-term growth and global diversification in a single investment. A key risk is that growth and tech-oriented stocks can be volatile, so the ETF’s value can rise and fall sharply with market conditions.
How much will it cost me?The Capital Group Global Growth Equity ETF (CGGO) has an expense ratio of 0.47%, which means you’ll pay $4.70 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, with professional managers selecting stocks rather than tracking an index.
What would affect this ETF?The Capital Group Global Growth Equity ETF (CGGO) could benefit from advancements in technology and innovation, as its top holdings include major tech companies like TSMC, Microsoft, and Nvidia, which are well-positioned to thrive in a growing digital economy. However, it may face challenges if global economic conditions worsen, such as rising interest rates or geopolitical tensions, which could negatively impact growth stocks and sectors like technology and consumer cyclical industries. Additionally, regulatory changes in key markets could influence the performance of its holdings.
CGGO Top 10 Holdings
CGGO is leaning hard into the global AI and chip boom, with TSMC, Micron, Broadcom, and ASML acting as the main growth engines and giving the fund a clear semiconductor tilt across both U.S. and European markets. Big Tech names like Alphabet and Meta are adding steady fuel, while Microsoft’s recent softness means it’s no longer pulling quite as hard as usual. Financial exposure is more mixed: Citigroup is rising and helping the cause, but Aon has been lagging a bit, slightly braking the fund’s otherwise growthy momentum.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TSMC | 6.91% | $704.82M | $1.87T | 127.67% | 81 Outperform | |
| ― | 4.86% | $495.80M | ― | ― | ― | |
| Micron | 4.70% | $479.71M | $650.08B | 616.80% | 79 Outperform | |
| Broadcom | 3.82% | $389.93M | $1.97T | 107.50% | 76 Outperform | |
| Alphabet Class A | 2.78% | $283.61M | $4.62T | 133.39% | 85 Outperform | |
| ASML Holding NV | 2.39% | $243.82M | €453.57B | 97.37% | 76 Outperform | |
| Microsoft | 2.26% | $230.34M | $3.07T | -5.17% | 79 Outperform | |
| Western Digital | 1.97% | $201.06M | $152.47B | 882.37% | 77 Outperform | |
| ― | 1.92% | $195.78M | ― | ― | ― | |
| Nvidia | 1.60% | $162.96M | $4.82T | 74.38% | 76 Outperform |
CGGO Technical Analysis
Positive
―
Price Trends
35.71
Positive
35.71
Positive
34.53
Positive
Market Momentum
0.81
Negative
73.87
Negative
89.04
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CGGO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 37.22, equal to the 50-day MA of 35.71, and equal to the 200-day MA of 34.53, indicating a bullish trend. The MACD of 0.81 indicates Negative momentum. The RSI at 73.87 is Negative, neither overbought nor oversold. The STOCH value of 89.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CGGO.
CGGO Peer Comparison
Comparison Results
Performance Comparison
CGGO
Capital Group Global Growth Equity ETF
39.46
10.93
38.31%
TMFG
Motley Fool Global Opportunities ETF
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MFSG
MFS Active Growth ETF
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―
―
FFOG
Franklin Focused Growth ETF
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PJFG
PGIM Jennison Focused Growth ETF
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ATFV
Alger 35 ETF
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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.
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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