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CGGO vs RW

Capital Group Global Growth Equity ETF

CGGOANYSE Arca

Rainwater Equity ETF

RWFNYSE Arca

Overlap

Expense ratio

CGGO −0.48pt a year

CGGO0.47%RW0.95%

Avg volume · 30D

CGGO 818.8×the volume

CGGO1.2MRW1.47K

CGGO vs RW Performance

Oct 31, 2025 – Nov 2, 2026

+8.3%CGGO+0.2%RW

Oct 31, 2025 to Nov 2, 2026. CGGO +8.3%. RW +0.2%. Use the arrow keys to read each point.−10%20%Oct 2025May 2026Nov 2026
Expense ratio
CGGO 0.47%, better
RW 0.95%
Fund size
CGGO $11.6B
RW $17M
1Y total return
CGGO +8.3%, better
RW +0.2%
Yield (12M)
CGGO 1.06%, better
RW 0.00%
Holdings
CGGO 106
RW 33
Avg volume (30D)
CGGO 1.2M sh, better
RW 1.47K sh
NAV per share
CGGO $37.50
RW $25.24
52W range

ETF.net Grade

CGGO: Cost 91, Risk 34, Mission not scored, Tradability 63, Holdings 77, Durability 84. RW: Cost 16, Risk 19, Mission 48, Tradability 33, Holdings 25, Durability 36.
Pillar letters and Scores for CGGO, RW, with each pillar’s weight
PillarCGGORW
Cost30% weightA91HigherF16
Mission25% weightNot scoredC48
Risk15% weightD34HigherF19
Tradability15% weightB63HigherD33
Holdings10% weightA77HigherD25
Durability5% weightA84HigherD36

Rank among Global Active Growth funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CGGO and RW are both graded against the same 8 Global Active Growth funds, so their Grades compare head to head.

Global Active Growth⁠

Category · 8 funds
See all 8 ›

CGGO ranks 1st and RW 7th of 8 funds in the Global Active Growth Category.

  1. Rank 1ACGGOCapital Group Global Growth Equity ETFScore 71
  2. Rank 2BWLTGWealthTrust DBS Long Term Growth ETFScore 57
  3. Rank 6CFFNDOne Global ETFScore 40
  4. Rank 7FRWRainwater Equity ETFScore 22
  5. GAIQNot yet graded

Our read on each fund

ETF.net Research

CGGOACapital Group Global Growth Equity ETF

RWFRainwater Equity ETF

In short

CGGO Capital Group's global stock-pickers, wrapped in an ETF: about 100 growth companies picked one at a time, at home and abroad, for 0.47% when the typical active rival in its group charges 0.85%.

RW A 2025 launch from a TCW spinout: Rainwater runs a concentrated, non-diversified global book of durable-growth businesses, measured against the S&P 500, at 0.95% with no fee waiver.

Stated mandate

CGGO The fund seeks long-term growth of capital by investing primarily in common stocks and cash or money market instruments. Its strategy emphasizes companies with significant growth potential using a bottom-up analysis.

RW The Fund seeks long-term capital appreciation. It is actively managed and invests in companies the sub-adviser considers well positioned for durable growth, with management teams focused on increasing cash flow over the long term.

Why people hold it

  • CGGO At 0.47%, the cheapest fund in its global-growth peer group and roughly half the 0.85% cohort median. Rivals like TMFG and PCGG sit at 0.85%; FFND is far higher.
  • A multi-billion-dollar fund that trades actively, so getting in and out is among the smoother experiences in this corner of the market.
  • Concentrated without being narrow: roughly 100 names, chosen bottom-up on company-level growth potential rather than sliced from an index.
  • Stands in the top quartile of its nine-fund active global growth cohort, one of the stronger implementations of the idea.
  • RW Real conviction, not closet indexing: a global, all-cap portfolio built from concentrated individual positions, with at least 80% of assets in equities.etfarchitect.com
  • Pedigree you can check: the portfolio manager founded Rainwater Equity after founding and running TCW's New America unit.yahoo.com
  • Plain-English mandate: durable growers run by management teams focused on long-term cash flow, with the S&P 500 as the stated yardstick.

Worth knowing

  • CGGO Fully active and growth-tilted. There is no index backstop, and the ride tends to be bumpier than a broad-market fund.
  • Distributions arrive annually or semiannually, so this is built around capital growth rather than a regular income stream.
  • Launched in 2022, so the ETF's own record is short even though the manager is a long-established shop.
  • RW At 0.95% with no waiver, it prices above the category median and above peers like CGGO at 0.47% and BGGG at 0.70%.
  • Non-diversified by design, so a handful of names or one hot sector can move it far more than a broad global index fund.etfarchitect.com
  • Young (June 2025) and small, and it trades thinly, so spreads can run wider than in the category's established names.

Full CGGO profile⁠

Full RW profile⁠

CGGO vs RW Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CGGO vs RW Cost

Overpaying RW vs CGGO

$8,451

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CGGO 0.47%

    $9,418

  • RW 0.95%

    $17,869

$10,000
30 years

Cost over time

  • CGGO 0.47%
  • RW 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530RW $17,869CGGO $9,418

Year by year

YearCGGORWOverpaying
10$847$1,678$831
20$3,261$6,322$3,061
30$9,418$17,869$8,451

Expense ratio

  • 0.47%CGGO, cheaper
  • 0.95%RW
  • Middle half of Global Active Growth funds
  • Median 0.79%

CGGO cheapest of 8 funds

RW 7th cheapest of 8 funds

CGGO vs RW Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
CGGO 1.06%, better
RW 0.00%
Payout (12M)
CGGO $0.40
RW None
Last payment
CGGO $0.40
RW No data
Ex-dividend
CGGO Dec 26, 2025
RW No data
Paid on
CGGO Dec 29, 2025
RW No data
Frequency
CGGO Twice a year
RW No data

Distribution history

Per share, 2022 to 2026, same scale for both

CGGOTwice a year · 8 paymentsAll CGGO payments⁠
One bar per payment. 8 payments from 2022 to 2026 YTD. Jun 29, 2022 $0.04; Dec 23, 2022 $0.08; Jun 29, 2023 $0.11; Dec 27, 2023 $0.08; Jun 28, 2024 $0.20; Dec 26, 2024 $0.13; Jun 30, 2025 $0.30; Dec 26, 2025 $0.40. Use the arrow keys to read each point.$0$0.2520232026YTD
RW1 paymentAll RW payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Sep 29, 2025 $0.03. Use the arrow keys to read each point.$0$0.2520232026YTD

CGGO vs RW Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CGGO 15.7%RW 12.5%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
CGGO 0.95RW −0.42since Jul 2025
Worst fallMax drawdown, 5 years
CGGO −24.9%since Feb 2022RW −17.0%since Jun 2025
Market sensitivityBeta, 5 years
CGGO 1.14RW 0.90

CGGO and RW in the news

All news⁠

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