CGGO vs VOO
Capital Group Global Growth Equity ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. CGGO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | CGGO | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.47% | 0.03% | |
| AUM | $12.0B | $997.4B | |
| Dividend Yield | 1.02% | 1.08% | |
| Holdings | 119 | 509 | |
| YTD Return | +15.36% | +12.25% | |
| 1Y Return | +25.88% | +20.92% | |
| 3Y Return (annualized) | +20.92% | +21.79% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 17.6% | 14.1% | |
| Max Drawdown | -24.9% | -34.3% | |
| Fund Family | Capital Group (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Feb 22, 2022 | Sep 7, 2010 |
CGGO vs VOO Performance
Capital Group Global Growth Equity ETF (CGGO) is a ETF from Capital Group (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CGGO returned +25.88% while VOO returned +20.92%. Year to date, CGGO is up 15.36% versus a gain of 12.25% for VOO.
Over three years, CGGO compounded at +20.92% per year against +21.79% for VOO. Across the full 5-year window we track, VOO has the edge at +13.45% annualized vs +13.21%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGGO has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 14.1% for VOO. 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 -24.9% for CGGO and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.91. 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 VOO charges 0.03%. On a $10,000 position that is $47 vs $3 annually, a gap of $44 per year that compounds over a long holding period. On income, CGGO currently yields 1.02% against 1.08% for VOO.
Holdings Overlap
CGGO and VOO share 41 holdings out of 569 unique holdings combined, representing a 23.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CGGO or VOO?
CGGO has an expense ratio of 0.47% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, CGGO or VOO?
Over the past year CGGO returned +25.88% vs +20.92% for VOO, so CGGO leads on 1-year performance. Over the longest common window we track (5 years), CGGO annualized +13.21% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, CGGO or VOO?
CGGO has been the more volatile fund at 17.6% annualized versus 14.1% for VOO. Worst drawdown: CGGO -24.9% vs VOO -34.3%.
Should I hold both CGGO and VOO?
CGGO and VOO have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between CGGO and VOO?
CGGO and VOO share 41 common holdings with a 23.6% weight overlap. Combined, they hold 569 unique securities.
Which pays a higher dividend, CGGO or VOO?
CGGO yields 1.02% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.