CGGO vs KLXY
Capital Group Global Growth Equity ETF vs KraneShares Global Luxury Index ETF
Which is better, CGGO or KLXY?
CGGO has been ahead.
CGGO has a lower expense ratio. CGGO led over 1Y and the full window. CGGO is less concentrated, with 34.9% of the fund in its ten largest positions against 64.8%.
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 | KLXY |
|---|---|---|
| Expense Ratio | 0.47%Best | 0.69% |
| AUM | $11.9B | $2M |
| Dividend Yield | 1.00% | 0.84% |
| Holdings | 106 | 31 |
| Volatility (annualized) | 12.4%Best | 16.1% |
| Max Drawdown | -17.9%Best | -26.6% |
| $10,000 over 2.5 years | $14,832Best | $10,717 |
| Top 10 Weight | 34.9%Best | 64.8% |
| Fund Family | Capital Group (US) | KraneShares |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Feb 22, 2022 | Sep 7, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 215 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. CGGO has data through Oct 14, 2026 and KLXY through Mar 13, 2026.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Sep 7, 2023 to Mar 13, 2026 (2.5 years).
Risk: Volatility and Drawdowns
KLXY has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 12.4% 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 -17.9% for CGGO and -26.6% for KLXY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGGO charges 0.47% per year while KLXY charges 0.69%. On a $10,000 position that is $47 vs $69 annually, a gap of $22 per year that compounds over a long holding period. On income, CGGO currently yields 1.00% against 0.84% for KLXY.
Holdings Overlap
0.5% of CGGO's money is in holdings KLXY also owns. 8.9% of KLXY's money is in holdings CGGO also owns.
KLXY and CGGO share little of their money.
The two holdings books were reported 245 days apart, CGGO as of Oct 2, 2026 and KLXY as of Jan 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 100 positions we hold weights for in CGGO and 23 in KLXY, against full books of 106 and 31.
What only one of them owns
Our book lists 7 positions for KLXY that do not appear in our book for CGGO (30.3% of the fund), and 49 for CGGO that do not appear in KLXY (53.1%).
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 KLXY | Difference |
|---|---|---|---|
| CFR:SMCie Financiere Richemont Sa | 0.50% | 8.93% | 8.43% |
You are not choosing between two funds in isolation.
Whichever of CGGO and KLXY 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, CGGO or KLXY?
CGGO has an expense ratio of 0.47% while KLXY charges 0.69%. CGGO is the cheaper option, by $22 a year on a $10,000 investment.
Which is riskier, CGGO or KLXY?
KLXY has been the more volatile fund at 16.1% annualized versus 12.4% for CGGO. Worst drawdown: CGGO -17.9% vs KLXY -26.6%.
Should I hold both CGGO and KLXY?
CGGO and KLXY have a monthly-return correlation of 0.56, 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 KLXY?
8.9% of KLXY's money is in holdings CGGO also owns. 8.9% of KLXY's is in holdings CGGO also owns. They hold 1 positions in common, counted across the 100 positions we hold weights for in CGGO and 23 in KLXY.
Which pays a higher dividend, CGGO or KLXY?
CGGO yields 1.00% while KLXY yields 0.84%, so CGGO currently pays the higher dividend yield.
Is KLXY better than CGGO?
CGGO has a lower expense ratio. CGGO led over 1Y and the full window. CGGO is less concentrated, with 34.9% of the fund in its ten largest positions against 64.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.