AVGE vs CGGE

AVGEAAvantis All Equity Markets ETF

CGGEBCapital Group Global Equity ETF

In short

AVGE Avantis's whole-world equity portfolio in one ticker: a fund built from its own factor ETFs across US, developed and emerging markets, tilted toward smaller and cheaper stocks, at 0.23% a year with no waiver involved.

CGGE Capital Group's global stock picking in ETF form: about 120 companies from around the world, chosen for growth with a stated eye on conserving principal, at 0.47% when the typical active global peer charges 0.69%.

Stated mandate

AVGE The fund seeks long-term capital appreciation through a broadly diversified equity portfolio. It invests directly or through Avantis ETFs and emphasizes companies expected to offer higher returns or better risk characteristics than a passive, market-cap-weighted index.

CGGE The fund seeks prudent long-term capital growth while also emphasizing conservation of principal. It invests primarily in common stocks of issuers around the world with growth potential.

Why people hold it

• AVGE One ticker, the whole map: it owns a series of other Avantis ETFs spanning US, developed international and emerging markets.avantisinvestors.com
• 0.23% a year, below the typical global active equity fund, and that is the real number, not a temporary waiver.
• No closet indexing. The mandate emphasizes companies Avantis expects to offer higher returns or better risk traits than a passive, cap-weighted index.ifa.com
• Sits among the strongest implementations in its global active equity peer group, and it pays shareholders quarterly.

• CGGE 0.47% a year, meaningfully under the 0.69% median for its active global peer group, though index-flavored rivals like GSWO and DFAW still charge less.
• Trading costs are among the smallest frictions here: it changes hands actively and sits at the top end of its group for ease of getting in and out.
• About 120 stocks, not thousands. Every name has to earn its slot, which is the whole point of paying an active manager for global exposure.
• Capital Group put real weight behind the launch: the fund gathered over a billion dollars in assets after opening in 2024.

Worth knowing

• AVGE At the fund level you hold a handful of Avantis ETFs, so the stock-level diversification is look-through and one firm's research drives the entire stack.avantisinvestors.com
• The prospectus targets roughly 70% US equity (band 63% to 77%), so the geographic mix follows Avantis's policy rather than global market weights.ifa.com
• A close sibling, AVTM, covers total equity markets at 0.22% with no waiver attached.

• CGGE It opened in 2024, so there is only a short stretch of history, and no full market cycle to show how the approach behaves when things get ugly.
• Active mandate, active outcome: returns hinge on the managers' picks rather than a published index, so results can drift from global benchmarks either way.
• Distributions come annually or semiannually, so this is a growth-oriented holding rather than a regular paycheck.

Full AVGE profile⁠

Full CGGE profile⁠