CGNG vs VOO
Capital Group New Geography Equity ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. CGNG delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | CGNG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.64% | 0.03% | |
| AUM | $2.9B | $997.4B | |
| Dividend Yield | 0.62% | 1.08% | |
| Holdings | 239 | 509 | |
| YTD Return | +12.09% | +12.25% | |
| 1Y Return | +25.92% | +20.92% | |
| 3Y Return (annualized) | - | +21.79% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 13.7% | 14.1% | |
| Max Drawdown | -15.9% | -34.3% | |
| Fund Family | Capital Group (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 25, 2024 | Sep 7, 2010 |
CGNG vs VOO Performance
Capital Group New Geography Equity ETF (CGNG) is a ETF from Capital Group (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CGNG returned +25.92% while VOO returned +20.92%. Year to date, CGNG is up 12.09% versus a gain of 12.25% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.7% for CGNG. 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 -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 0.74. 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 1.08% for VOO.
Holdings Overlap
CGNG and VOO share 30 holdings out of 718 unique holdings combined, representing a 11.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $61 per year of difference.
Which performed better, CGNG or VOO?
Over the past year CGNG returned +25.92% vs +20.92% for VOO, so CGNG leads on 1-year performance. Over the longest common window we track (2 years), CGNG annualized +19.66% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, CGNG or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 13.7% for CGNG. Worst drawdown: CGNG -15.9% vs VOO -34.3%.
Should I hold both CGNG and VOO?
CGNG and VOO have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CGNG and VOO?
CGNG and VOO share 30 common holdings with a 11.6% weight overlap. Combined, they hold 718 unique securities.
Which pays a higher dividend, CGNG or VOO?
CGNG yields 0.62% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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