CGGO vs SROI
Capital Group Global Growth Equity ETF vs Calamos Antetokounmpo Global Sustainable Equities ETF
Which is better, CGGO or SROI?
Each has led over a different period.
CGGO has a lower expense ratio. CGGO led over 3Y and the full window, SROI over 1Y. The two have moved almost in lockstep, correlation 0.90. SROI is less concentrated, with 32.0% 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 | SROI |
|---|---|---|
| Expense Ratio | 0.47%Best | 0.95% |
| AUM | $11.9B | $17M |
| Dividend Yield | 1.00% | 0.54% |
| Holdings | 106 | 130 |
| YTD Return | +8.88% | +10.48%Best |
| 1Y Return | +12.88% | +13.66%Best |
| 3Y Return (annualized) | +19.50%Best | +16.01% |
| Volatility (annualized) | 14.9% | 12.1%Best |
| Max Drawdown | -17.9% | -15.9%Best |
| $10,000 over 3.7 years | $17,557Best | $15,381 |
| Top 10 Weight | 34.9% | 32.0%Best |
| Fund Family | Capital Group (US) | Calamos Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Feb 22, 2022 | Feb 3, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Feb 6, 2023 to Oct 14, 2026 (3.7 years).
CGGO vs SROI 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 3.7 years both funds cover.
CGGO vs SROI Performance
Capital Group Global Growth Equity ETF (CGGO) is an ETF from Capital Group (US) and Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) is an ETF from Calamos Investments. Over the past year CGGO returned +12.88% while SROI returned +13.66%. Year to date, CGGO is up 8.88% versus a gain of 10.48% for SROI.
Over three years, CGGO compounded at +19.50% per year against +16.01% for SROI. Across the full 4-year window we track, CGGO has the edge at +16.43% annualized vs +12.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGGO has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 12.1% for SROI. 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 -15.9% for SROI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGGO charges 0.47% per year while SROI charges 0.95%. On a $10,000 position that is $47 vs $95 annually, a gap of $48 per year that compounds over a long holding period. On income, CGGO currently yields 1.00% against 0.54% for SROI.
Holdings Overlap
36.9% of CGGO's money is in holdings SROI also owns. 36.9% of SROI's money is in holdings CGGO also owns.
The two portfolios partly overlap.
20 positions in common, counted across the 100 positions we hold weights for in CGGO and 123 in SROI, against full books of 106 and 130.
What only one of them owns
Our book lists 51 positions for SROI that do not appear in our book for CGGO (33.0% of the fund), and 37 for CGGO that do not appear in SROI (34.0%).
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 SROI | Difference |
|---|---|---|---|
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 7.09% | 3.91% | 3.18% |
| GOOGLAlphabet Inc | 3.39% | 5.54% | 2.15% |
| MSFTMicrosoft Corp | 2.75% | 4.04% | 1.29% |
| NVDANvidia Corp | 1.29% | 4.43% | 3.14% |
| AAPLApple, Inc | 1.14% | 4.54% | 3.40% |
| 000660:KRSk Hynix Inc Common Stock KRW 5000 | 3.63% | 1.89% | 1.74% |
| AVGOBroadcom Inc | 3.44% | 1.58% | 1.86% |
| AMZNAmazon.Com Inc | 2.38% | 2.61% | 0.23% |
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 3.17% | 1.18% | 1.99% |
| VVisa Inc Class A | 0.88% | 1.63% | 0.75% |
36.9% of CGGO is already inside SROI.
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 SROI?
CGGO has an expense ratio of 0.47% while SROI charges 0.95%. CGGO is the cheaper option, by $48 a year on a $10,000 investment.
Which performed better, CGGO or SROI?
Over the past year CGGO returned +12.88% vs +13.66% for SROI, so SROI leads on 1-year performance. Over the longest common window we track (4 years), CGGO annualized +16.43% vs +12.34% for SROI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGGO or SROI?
CGGO has been the more volatile fund at 14.9% annualized versus 12.1% for SROI. Worst drawdown: CGGO -17.9% vs SROI -15.9%.
Should I hold both CGGO and SROI?
CGGO and SROI have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between CGGO and SROI?
36.9% of CGGO's money is in holdings SROI also owns. 36.9% of SROI's is in holdings CGGO also owns. They hold 20 positions in common, counted across the 100 positions we hold weights for in CGGO and 123 in SROI.
Which pays a higher dividend, CGGO or SROI?
CGGO yields 1.00% while SROI yields 0.54%, so CGGO currently pays the higher dividend yield.
Is SROI better than CGGO?
CGGO has a lower expense ratio. CGGO led over 3Y and the full window, SROI over 1Y. The two have moved almost in lockstep, correlation 0.90. SROI is less concentrated, with 32.0% 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.