CGCV vs GGTL
Capital Group Conservative Equity ETF vs Gabelli Global Technology Leaders ETF
Which is better, CGCV or GGTL?
GGTL has been ahead.
GGTL has a lower expense ratio. GGTL led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CGCV | GGTL |
|---|---|---|
| Expense Ratio | 0.33% | 0.00%Best |
| AUM | $2.1B | $16M |
| Dividend Yield | 1.59% | 0.82% |
| Holdings | 146 | 149 |
| YTD Return | +8.70% | +21.53%Best |
| 1Y Return | +11.37% | +22.76%Best |
| 3Y Return (annualized) | - | +20.64% |
| Volatility (annualized) | 9.9%Best | 20.5% |
| Max Drawdown | -13.1%Best | -21.5% |
| $10,000 over 2.3 years | $13,706 | $15,728Best |
| Fund Family | Capital Group (US) | Gabelli Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Jan 5, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 27, 2024 to Oct 14, 2026 (2.3 years).
CGCV vs GGTL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
CGCV vs GGTL Performance
Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US) and Gabelli Global Technology Leaders ETF (GGTL) is an ETF from Gabelli Funds. Over the past year CGCV returned +11.37% while GGTL returned +22.76%. Year to date, CGCV is up 8.70% versus a gain of 21.53% for GGTL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGTL has been the more volatile fund, with annualized monthly volatility of 20.5% compared with 9.9% for CGCV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.1% for CGCV and -21.5% for GGTL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGCV charges 0.33% per year while GGTL charges 0.00%. On a $10,000 position that is $33 vs $0 annually, a gap of $33 per year that compounds over a long holding period. On income, CGCV currently yields 1.59% against 0.82% for GGTL.
Holdings Overlap
At least 18.0% of CGCV's money is in holdings GGTL also owns.
Stated as a floor: for GGTL, our book for it covers 85.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
CGCV and GGTL share little of their money.
8 positions in common, counted across the 73 positions we hold weights for in CGCV and 70 in GGTL, against full books of 146 and 149.
Top Shared Holdings
| Stock | Weight in CGCV | Weight in GGTL | Difference |
|---|---|---|---|
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 2.11% | 7.42% | 5.31% |
| MSFTMicrosoft Corp | 6.20% | 1.84% | 4.36% |
| AVGOBroadcom Inc | 4.04% | 2.65% | 1.39% |
| NVDANvidia Corp | 2.16% | 2.32% | 0.16% |
| ORCLOracle Corp - Common | 0.34% | 3.16% | 2.82% |
| TXNTexas Instrument Inc | 0.72% | 1.90% | 1.18% |
| GOOGLAlphabet Inc | 1.91% | 0.31% | 1.60% |
| KLACKla-tencor | 0.54% | 0.62% | 0.08% |
You are not choosing between two funds in isolation.
Whichever of CGCV and GGTL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGCV or GGTL?
CGCV has an expense ratio of 0.33% while GGTL charges 0.00%. GGTL is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, CGCV or GGTL?
Over the past year CGCV returned +11.37% vs +22.76% for GGTL, so GGTL leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +14.69% vs +21.76% for GGTL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCV or GGTL?
GGTL has been the more volatile fund at 20.5% annualized versus 9.9% for CGCV. Worst drawdown: CGCV -13.1% vs GGTL -21.5%.
Should I hold both CGCV and GGTL?
CGCV and GGTL have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CGCV and GGTL?
At least 18.0% of CGCV's money is in holdings GGTL also owns. Our book for GGTL is partial, so the real figure is this or higher. They hold 8 positions in common, counted across the 73 positions we hold weights for in CGCV and 70 in GGTL.
Which pays a higher dividend, CGCV or GGTL?
CGCV yields 1.59% while GGTL yields 0.82%, so CGCV currently pays the higher dividend yield.
Is GGTL better than CGCV?
GGTL has a lower expense ratio. GGTL led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.