CGGE vs IVV
CGGE vs IVV
Capital Group Global Equity ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | CGGE | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.47% | 0.03% | |
| AUM | $2.9B | $865.2B | |
| Dividend Yield | 0.37% | 1.09% | |
| Holdings | 122 | 508 | |
| YTD Return | +11.64% | +13.31% | |
| 1Y Return | +22.38% | +24.00% | |
| 3Y Return (annualized) | - | +21.16% | |
| 5Y Return (annualized) | - | +13.34% | |
| Volatility (annualized) | 11.1% | 15.1% | |
| Max Drawdown | -14.4% | -56.5% | |
| Fund Family | Capital Group (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 25, 2024 | May 15, 2000 |
CGGE vs IVV Performance
Capital Group Global Equity ETF (CGGE) is a ETF from Capital Group (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CGGE returned +22.38% while IVV returned +24.00%. Year to date, CGGE is up 11.64% versus a gain of 13.31% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.1% for CGGE. 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 -14.4% for CGGE and -56.5% for IVV. 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGGE charges 0.47% per year while IVV 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, CGGE currently yields 0.37% against 1.09% for IVV.
Holdings Overlap
CGGE and IVV share 49 holdings out of 572 unique holdings combined, representing a 32.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in CGGE | Weight in IVV | Difference |
|---|---|---|---|
| AAPL | 3.52% | 7.44% | 3.92% |
| NVDA | 2.10% | 7.76% | 5.66% |
| MSFT | 3.20% | 4.57% | 1.37% |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| GE | Pro | Pro | Pro |
See all 10 holdings CGGE shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, CGGE or IVV?
CGGE has an expense ratio of 0.47% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, CGGE or IVV?
Over the past year CGGE returned +22.38% vs +24.00% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), CGGE annualized +18.80% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, CGGE or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 11.1% for CGGE. Worst drawdown: CGGE -14.4% vs IVV -56.5%.
Should I hold both CGGE and IVV?
CGGE and IVV have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CGGE and IVV?
CGGE and IVV share 49 common holdings with a 32.4% weight overlap. Combined, they hold 572 unique securities.
Which pays a higher dividend, CGGE or IVV?
CGGE yields 0.37% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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