CGGO - ETF AI Analysis
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Capital Group Global Growth Equity ETF (CGGO)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, indicating that its strategy and holdings have recently worked well for investors.
Leading Semiconductor and Tech Holdings
Several of the largest positions in major chipmakers and technology companies have shown strong performance, helping drive the fund’s overall returns.
Global Diversification with U.S. Core
While the fund is anchored in U.S. stocks, it also holds meaningful positions across Europe and Asia, spreading risk across multiple regions.
Negative Factors
Heavy Tilt Toward Technology
A large share of the portfolio is in technology-related stocks, which can make the ETF more sensitive to swings in that sector.
Concentration in a Few Key Names
The top holdings make up a significant portion of assets, so setbacks in a handful of companies could have an outsized impact on the fund.
Moderate Expense Ratio
The fund’s fees are not especially low for an ETF, which slightly reduces the net return investors keep over time.
CGGO vs. SPDR S&P 500 ETF (SPY)
AUM12.08B
RegionGlobal
Expense Ratio0.47%
Beta1.04
IssuerCapital Group
Inception DateFeb 22, 2022
Dividend Yield1.76%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,097,525
30 Day Avg. Volume1,176,661
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
51.24Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering98
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CGGO Summary
The Capital Group Global Growth Equity ETF (CGGO) is an actively managed fund that invests in growth-focused companies from around the world, rather than tracking a single index. It leans heavily toward technology and other innovative businesses, with well-known names like Microsoft and Alphabet (Google’s parent company) among its top holdings. Investors might consider CGGO if they want long-term growth and global diversification in one investment. However, because it is concentrated in growth and tech-related stocks, its price can be quite volatile and may rise or fall more than the overall market.
How much will it cost me?The Capital Group Global Growth Equity ETF (CGGO) has an expense ratio of 0.47%, which means you’ll pay $4.70 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, with professional managers selecting stocks rather than tracking an index.
What would affect this ETF?The Capital Group Global Growth Equity ETF (CGGO) could benefit from advancements in technology and innovation, as its top holdings include major tech companies like TSMC, Microsoft, and Nvidia, which are well-positioned to thrive in a growing digital economy. However, it may face challenges if global economic conditions worsen, such as rising interest rates or geopolitical tensions, which could negatively impact growth stocks and sectors like technology and consumer cyclical industries. Additionally, regulatory changes in key markets could influence the performance of its holdings.
CGGO Top 10 Holdings
CGGO is leaning hard into the global chip boom, with heavyweights like TSMC, Micron, SK hynix, Samsung, ASML, and Western Digital steering the ship. Micron and TSMC have been rising and are key engines of recent performance, while SK hynix and Western Digital have seen more mixed, sometimes lagging action that can tug on returns. Big Tech names like Alphabet, Microsoft, and Amazon add a steady U.S. growth backbone, though their momentum has cooled a bit. Overall, this is a globally diversified, semiconductor‑centric growth story with a strong tilt toward Asia and the U.S.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TSMC | 6.84% | $829.98M | $2.02T | 65.75% | 81 Outperform | |
| SK hynix Inc. | 3.62% | $439.41M | ₩10.00T> | 406.59% | ― | |
| Broadcom | 3.48% | $421.89M | $1.68T | 6.61% | 76 Outperform | |
| Alphabet Class A | 3.39% | $410.98M | $4.19T | 40.44% | 85 Outperform | |
| Micron | 3.39% | $410.76M | $1.22T | 543.06% | 79 Outperform | |
| Samsung Electronics | 3.07% | $371.78M | ₩10.00T> | 230.73% | ― | |
| ASML Holding NV | 3.01% | $365.34M | €581.61B | 86.21% | 76 Outperform | |
| Microsoft | 2.73% | $330.78M | $3.83T | -1.04% | 79 Outperform | |
| Western Digital | 2.49% | $302.44M | $164.70B | 288.24% | 77 Outperform | |
| Amazon | 2.36% | $285.89M | $2.69T | 10.79% | 71 Outperform |
CGGO Technical Analysis
Negative
―
Price Trends
40.12
Negative
40.30
Negative
38.02
Positive
Market Momentum
-0.08
Negative
46.68
Neutral
49.33
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CGGO, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 39.94, equal to the 50-day MA of 40.12, and equal to the 200-day MA of 38.02, indicating a neutral trend. The MACD of -0.08 indicates Negative momentum. The RSI at 46.68 is Neutral, neither overbought nor oversold. The STOCH value of 49.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CGGO.
CGGO Peer Comparison
Comparison Results
Performance Comparison
CGGO
Capital Group Global Growth Equity ETF
39.78
5.75
16.90%
ATFV
Alger 35 ETF
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MFSG
MFS Active Growth ETF
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FFOG
Franklin Focused Growth ETF
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TMFG
Motley Fool Global Opportunities ETF
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PJFG
PGIM Jennison Focused Growth ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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