CGGR vs MILN
Capital Group Growth ETF vs Global X Millennial Consumer ETF
Which is better, CGGR or MILN?
CGGR has been ahead.
CGGR has a lower expense ratio. CGGR led over 1Y, 3Y and the full window. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 40.8%.
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 | CGGR | MILN |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.50% |
| AUM | $26.6B | $89M |
| Dividend Yield | 0.15% | 0.33% |
| Holdings | 97 | 164 |
| YTD Return | +6.35%Best | -7.25% |
| 1Y Return | +8.20%Best | -10.86% |
| 3Y Return (annualized) | +24.14%Best | +12.75% |
| 5Y Return (annualized) | - | -0.22% |
| Volatility (annualized) | 19.3%Best | 21.5% |
| Max Drawdown | -28.9%Best | -32.9% |
| $10,000 over 4.6 years | $19,434Best | $12,396 |
| Top 10 Weight | 40.8% | 33.8%Best |
| Fund Family | Capital Group (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Feb 22, 2022 | May 4, 2016 |
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).
CGGR vs MILN 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.
CGGR vs MILN Performance
Capital Group Growth ETF (CGGR) is an ETF from Capital Group (US) and Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset. Over the past year CGGR returned +8.20% while MILN returned -10.86%. Year to date, CGGR is up 6.35% versus a loss of 7.25% for MILN.
Over three years, CGGR compounded at +24.14% per year against +12.75% for MILN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MILN has been the more volatile fund, with annualized monthly volatility of 21.5% compared with 19.3% for CGGR. 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 -28.9% for CGGR and -32.9% for MILN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGGR charges 0.39% per year while MILN charges 0.50%. On a $10,000 position that is $39 vs $50 annually, a gap of $11 per year that compounds over a long holding period. On income, CGGR currently yields 0.15% against 0.33% for MILN.
Holdings Overlap
18.3% of CGGR's money is in holdings MILN also owns. 30.6% of MILN's money is in holdings CGGR also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 96 positions we hold weights for in CGGR and 80 in MILN, against full books of 97 and 164.
What only one of them owns
Our book lists 68 positions for MILN that do not appear in our book for CGGR (65.2% of the fund), and 73 for CGGR that do not appear in MILN (72.8%).
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 CGGR | Weight in MILN | Difference |
|---|---|---|---|
| METAMeta Platforms, Inc. | 6.58% | 3.51% | 3.07% |
| AAPLApple Inc | 2.53% | 3.88% | 1.35% |
| GOOGLAlphabet Inc-cl A | 3.10% | 3.27% | 0.17% |
| AMZNAmazon.Com Inc | 2.38% | 3.25% | 0.87% |
| DASHData Dasher, Inc | 0.59% | 3.70% | 3.11% |
| CMGChipotle Mexican Grill Inc. Class A | 0.74% | 2.86% | 2.12% |
| UBERUber Technologies Inc | 0.58% | 2.87% | 2.29% |
| CVNACarvana Co. Class A | 0.49% | 2.95% | 2.46% |
| NKENike Inc | 0.58% | 2.33% | 1.75% |
| NFLXNetflix Inc | 0.77% | 1.99% | 1.22% |
30.6% of MILN is already inside CGGR.
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, CGGR or MILN?
CGGR has an expense ratio of 0.39% while MILN charges 0.50%. CGGR is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, CGGR or MILN?
Over the past year CGGR returned +8.20% vs -10.86% for MILN, so CGGR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGGR or MILN?
MILN has been the more volatile fund at 21.5% annualized versus 19.3% for CGGR. Worst drawdown: CGGR -28.9% vs MILN -32.9%.
Should I hold both CGGR and MILN?
CGGR and MILN have a monthly-return correlation of 0.88, 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 CGGR and MILN?
30.6% of MILN's money is in holdings CGGR also owns. 30.6% of MILN's is in holdings CGGR also owns. They hold 10 positions in common, counted across the 96 positions we hold weights for in CGGR and 80 in MILN.
Which pays a higher dividend, CGGR or MILN?
CGGR yields 0.15% while MILN yields 0.33%, so MILN currently pays the higher dividend yield.
Is MILN better than CGGR?
CGGR has a lower expense ratio. CGGR led over 1Y, 3Y and the full window. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 40.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.