CGGO vs FFND
Capital Group Global Growth Equity ETF vs One Global ETF
Which is better, CGGO or FFND?
CGGO has been ahead.
CGGO has a lower expense ratio. CGGO led over 1Y, 3Y and the full window. FFND is less concentrated, with 27.0% of the fund in its ten largest positions against 34.9%.
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 | CGGO | FFND |
|---|---|---|
| Expense Ratio | 0.47%Best | 1.00% |
| AUM | $11.9B | $96M |
| Dividend Yield | 1.00% | 0.61% |
| Holdings | 106 | 92 |
| YTD Return | +8.88%Best | +4.71% |
| 1Y Return | +12.88%Best | +7.86% |
| 3Y Return (annualized) | +19.50%Best | +19.41% |
| 5Y Return (annualized) | - | +4.62% |
| Volatility (annualized) | 17.5%Best | 22.0% |
| Max Drawdown | -24.9%Best | -35.6% |
| $10,000 over 4.6 years | $16,404Best | $15,607 |
| Top 10 Weight | 34.9% | 27.0%Best |
| Fund Family | Capital Group (US) | The Future Fund |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Feb 22, 2022 | Aug 24, 2021 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 24, 2022 to Oct 14, 2026 (4.6 years).
CGGO vs FFND 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 4.6 years both funds cover.
CGGO vs FFND Performance
Capital Group Global Growth Equity ETF (CGGO) is an ETF from Capital Group (US) and One Global ETF (FFND) is an ETF from The Future Fund. Over the past year CGGO returned +12.88% while FFND returned +7.86%. Year to date, CGGO is up 8.88% versus a gain of 4.71% for FFND.
Over three years, CGGO compounded at +19.50% per year against +19.41% for FFND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FFND has been the more volatile fund, with annualized monthly volatility of 22.0% compared with 17.5% for CGGO. 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 -24.9% for CGGO and -35.6% for FFND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGGO charges 0.47% per year while FFND charges 1.00%. On a $10,000 position that is $47 vs $100 annually, a gap of $53 per year that compounds over a long holding period. On income, CGGO currently yields 1.00% against 0.61% for FFND.
Holdings Overlap
30.6% of CGGO's money is in holdings FFND also owns. 32.0% of FFND's money is in holdings CGGO also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 100 positions we hold weights for in CGGO and 88 in FFND, against full books of 106 and 92.
What only one of them owns
Our book lists 56 positions for FFND that do not appear in our book for CGGO (51.3% of the fund), and 37 for CGGO that do not appear in FFND (31.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CGGO | Weight in FFND | Difference |
|---|---|---|---|
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 7.09% | 1.48% | 5.61% |
| AMZNAmazon.Com Inc | 2.38% | 4.29% | 1.91% |
| GOOGLAlphabet Inc | 3.39% | 2.83% | 0.56% |
| AAPLApple, Inc | 1.14% | 4.68% | 3.54% |
| AVGOBroadcom Inc | 3.44% | 2.18% | 1.26% |
| MSFTMicrosoft Corp | 2.75% | 2.85% | 0.10% |
| NVDANvidia Corp | 1.29% | 3.48% | 2.19% |
| VRTXNvaesrtex Pharmaceuticals Inc | 1.53% | 1.64% | 0.11% |
| METAMeta Platforms Inc | 1.62% | 1.54% | 0.08% |
| INTCIntel Corporation | 1.30% | 1.79% | 0.49% |
32.0% of FFND is already inside CGGO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGGO or FFND?
CGGO has an expense ratio of 0.47% while FFND charges 1.00%. CGGO is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, CGGO or FFND?
Over the past year CGGO returned +12.88% vs +7.86% for FFND, so CGGO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGGO or FFND?
FFND has been the more volatile fund at 22.0% annualized versus 17.5% for CGGO. Worst drawdown: CGGO -24.9% vs FFND -35.6%.
Should I hold both CGGO and FFND?
CGGO and FFND have a monthly-return correlation of 0.77, 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 CGGO and FFND?
32.0% of FFND's money is in holdings CGGO also owns. 32.0% of FFND's is in holdings CGGO also owns. They hold 15 positions in common, counted across the 100 positions we hold weights for in CGGO and 88 in FFND.
Which pays a higher dividend, CGGO or FFND?
CGGO yields 1.00% while FFND yields 0.61%, so CGGO currently pays the higher dividend yield.
Is FFND better than CGGO?
CGGO has a lower expense ratio. CGGO led over 1Y, 3Y and the full window. FFND is less concentrated, with 27.0% of the fund in its ten largest positions against 34.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.