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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 shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Leading Semiconductor Exposure
Several top holdings in the semiconductor space have delivered strong year-to-date results, helping drive the fund’s growth profile.
Global Diversification
Holdings spread across the U.S., Europe, and Asia provide exposure to multiple economies rather than relying on a single country.
Negative Factors
Moderately High Expense Ratio
The fund’s expense ratio is higher than many low-cost index ETFs, which can slightly reduce long-term net returns.
Heavy Tilt Toward Technology
A large allocation to technology stocks means the ETF can be more sensitive to swings in the tech sector.
Mixed Performance Among Top Holdings
Some major positions, including large technology and financial names, have shown weak or negative year-to-date performance, which can drag on overall returns.
CGGO vs. SPDR S&P 500 ETF (SPY)
AUM9.12B
RegionGlobal
Expense Ratio0.47%
Beta1.01
IssuerCapital Group
Inception DateFeb 22, 2022
Dividend Yield1.99%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,376,508
30 Day Avg. Volume1,371,112
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
42.69Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering98
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 large share in the U.S. It doesn’t track a specific index, but follows a global growth theme across many sectors, especially technology, industrials, and financials. Well-known holdings include Microsoft, Nvidia, and Meta Platforms. Someone might invest in CGGO to seek long-term growth and instant diversification across countries and industries in a single investment. A key risk is that growth stocks and global markets can be volatile, so the value of the ETF can rise and fall significantly over time.
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 riding the global AI and chip wave, with TSMC, Micron, ASML, and Nvidia acting as the main growth engines thanks to rising demand for advanced semiconductors. Broadcom has been more mixed lately, no longer sprinting ahead but still an important tech anchor. On the U.S. mega-cap side, Microsoft and Alphabet have turned more sluggish, occasionally putting a lid on gains rather than powering them. Overall, the fund leans heavily into global tech—especially semis—with a blend of U.S. and international leaders driving the story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TSMC | 6.15% | $560.14M | $1.52T | 93.05% | 81 Outperform | |
| Micron | 4.60% | $419.56M | $519.64B | 353.88% | 79 Outperform | |
| Broadcom | 3.57% | $324.95M | $1.52T | 70.30% | 76 Outperform | |
| ASML Holding NV | 2.60% | $236.64M | €456.01B | 81.01% | 76 Outperform | |
| Microsoft | 2.55% | $232.43M | $2.97T | 2.89% | 79 Outperform | |
| Alphabet Class A | 1.93% | $176.18M | $3.75T | 93.51% | 85 Outperform | |
| Citigroup | 1.87% | $170.24M | $188.42B | 53.39% | 68 Neutral | |
| Aon | 1.78% | $161.84M | $68.81B | -17.66% | 66 Neutral | |
| Nvidia | 1.70% | $154.53M | $4.42T | 57.61% | 76 Outperform | |
| Meta Platforms | 1.62% | $147.47M | $1.58T | 6.92% | 76 Outperform |
CGGO Technical Analysis
Positive
―
Price Trends
36.01
Negative
35.12
Positive
33.70
Positive
Market Momentum
-0.34
Positive
45.82
Neutral
41.18
Neutral
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 35.79, equal to the 50-day MA of 36.01, and equal to the 200-day MA of 33.70, indicating a neutral trend. The MACD of -0.34 indicates Positive momentum. The RSI at 45.82 is Neutral, neither overbought nor oversold. The STOCH value of 41.18 is Neutral, 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
35.20
6.74
23.68%
JGLO
JPMorgan Global Select Equity ETF
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CGDG
Capital Group Dividend Growers ETF
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EAGL
Eagle Capital Select Equity ETF
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BDYN
iShares Dynamic Equity Active ETF
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CGGE
Capital Group Global Equity 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.
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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