CGGO: Global ETF With Strong Fundamentals And Average Returns

Fred PiardInvesting Group LeaderFollow5ShareSavePlay(6min)CommentsSummaryCapital Group Global Growth Equity ETF targets global growth equities with a diversified portfolio of 103 stocks and a 0.47% expense ratio.CGGO combines higher growth rates with value characteristics, outperforming its benchmark on valuation ratios despite a growth focus.Despite these strengths, CGGO has underperformed the ACWI benchmark and key competitors in risk-adjusted returns.CGGO’s track record and higher fees limit conviction compared to lower-cost, better-performing peers like GLOF and AVGE.Quantitative Risk & Value members get exclusive access to our real-world portfolio. See all our investments here » Richard Drury/DigitalVision via Getty Images Strategy Capital Group Global Growth Equity ETF (CGGO) is an actively managed fund launched on 2/22/2022 with an objective of capital appreciation. CGGO has a portfolio of 103 stocks, a 12-month trailing yield of 1.96%, andThis article was written byFred Piard16.38K FollowersFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010. Fred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an income strategy in closed-end funds. Learn more.Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.