CGNG vs VOO
Capital Group New Geography Equity ETF vs Vanguard S&P 500 ETF
Which is better, CGNG or VOO?
CGNG has been ahead.
VOO has a lower expense ratio. CGNG led over 1Y and the full window. CGNG is less concentrated, with 30.3% of the fund in its ten largest positions against 37.6%.
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 | CGNG | VOO |
|---|---|---|
| Expense Ratio | 0.64% | 0.03%Best |
| AUM | $3.0B | $997.4B |
| Dividend Yield | 0.62% | 1.04% |
| Holdings | 523 | 509 |
| YTD Return | +12.34% | +12.37%Best |
| 1Y Return | +19.02%Best | +16.61% |
| 3Y Return (annualized) | - | +21.37% |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 13.5% | 11.9%Best |
| Max Drawdown | -15.9%Best | -18.7% |
| $10,000 over 2.2 years | $14,665Best | $14,267 |
| Top 10 Weight | 30.3%Best | 37.6% |
| Fund Family | Capital Group (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jun 27, 2024 to Sep 18, 2026 (2.2 years).
CGNG vs VOO 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 2.2 years both funds cover.
CGNG vs VOO Performance
Capital Group New Geography Equity ETF (CGNG) is an ETF from Capital Group (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year CGNG returned +19.02% while VOO returned +16.61%. Year to date, CGNG is up 12.34% versus a gain of 12.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGNG has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 11.9% 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 -15.9% for CGNG and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGNG charges 0.64% per year while VOO charges 0.03%. On a $10,000 position that is $64 vs $3 annually, a gap of $61 per year that compounds over a long holding period. On income, CGNG currently yields 0.62% against 1.04% for VOO.
Holdings Overlap
12.1% of CGNG's money is in holdings VOO also owns. 42.1% of VOO's money is in holdings CGNG also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 241 positions we hold weights for in CGNG and 494 in VOO, against full books of 523 and 509.
What only one of them owns
Our book lists 456 positions for VOO that do not appear in our book for CGNG (57.1% of the fund), and 13 for CGNG that do not appear in VOO (7.2%).
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 CGNG | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.40% | 7.55% | 6.15% |
| AAPLApple, Inc | 0.15% | 7.05% | 6.90% |
| MSFTMicrosoft Corp | 1.29% | 5.36% | 4.07% |
| AVGOBroadcom Inc | 1.56% | 2.86% | 1.30% |
| GOOGLAlphabet Inc,class A | 1.12% | 3.24% | 2.12% |
| GOOGAlphabet Inc | 0.50% | 2.62% | 2.12% |
| METAMeta Platforms Inc | 0.85% | 1.90% | 1.05% |
| LLYEli Lilly & Co. | 0.32% | 1.41% | 1.09% |
| MUMicron Technology, Inc. | 0.25% | 1.44% | 1.19% |
| TSLATesla Inc | 0.09% | 1.36% | 1.27% |
42.1% of VOO is already inside CGNG.
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, CGNG or VOO?
CGNG has an expense ratio of 0.64% while VOO charges 0.03%. VOO is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, CGNG or VOO?
Over the past year CGNG returned +19.02% vs +16.61% for VOO, so CGNG leads on 1-year performance. Over the longest common window we track (2 years), CGNG annualized +19.01% vs +17.53% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGNG or VOO?
CGNG has been the more volatile fund at 13.5% annualized versus 11.9% for VOO. Worst drawdown: CGNG -15.9% vs VOO -18.7%.
Should I hold both CGNG and VOO?
CGNG and VOO have a monthly-return correlation of 0.74, 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 CGNG and VOO?
42.1% of VOO's money is in holdings CGNG also owns. 42.1% of VOO's is in holdings CGNG also owns. They hold 31 positions in common, counted across the 241 positions we hold weights for in CGNG and 494 in VOO.
Which pays a higher dividend, CGNG or VOO?
CGNG yields 0.62% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than CGNG?
VOO has a lower expense ratio. CGNG led over 1Y and the full window. CGNG is less concentrated, with 30.3% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.