CGGE vs CLIP
Comparison between CAPITAL GROUP GLOBAL EQUITY ETF SHARE CLASS (CGGE, ETF) and GLOBAL X 1-3 MONTH T-BILL ETF (CLIP, ETF).
CGGE vs CLIP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
CGGE
$2.80B
CLIP
$2.80B
Expense Ratio
CGGE
0.47%
Winner
CLIP
0.07%
Max Drawdown
CGGE
14.44%
Winner
CLIP
0.56%
Sharpe Ratio
Winner
CGGE
1.22
CLIP
0.69
5Y Beta
CGGE
0.84
Winner
CLIP
-0.00
P/E Ratio
CGGE
29.39
CLIP
N/A
Forward P/E
CGGE
22.90
CLIP
N/A
PEG Ratio
CGGE
0.58
CLIP
N/A
5Y EPS CAGR
CGGE
25.08%
CLIP
N/A
P/S Ratio
CGGE
2.78
CLIP
N/A
P/B Ratio
CGGE
6.69
CLIP
N/A
CGGE vs CLIP - Historical Returns
Returns include dividend reinvestment.
1M
Winner
CGGE
+1.15%
CLIP
+0.30%
3M
Winner
CGGE
+12.28%
CLIP
+0.91%
6M
Winner
CGGE
+7.52%
CLIP
+1.78%
1Y
Winner
CGGE
+20.19%
CLIP
+3.95%
Max(CAGR)
Winner
CGGE
+17.58%
CLIP
+4.68%
CGGE vs CLIP - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | CGGE | CLIP |
|---|---|---|
| 2026 | +7.23% | +1.69% |
| 2025 | +24.46% | +4.22% |
| 2024 | +2.30% | +5.30% |
| 2023 | N/A | +2.82% |
CGGE vs CLIP Drawdown Comparison
The maximum drawdown for CGGE was -14.44%, occurring on Apr 8, 2025. Recovery took 58 trading sessions.
The maximum drawdown for CLIP was -0.08%, occurring on Oct 11, 2023. Recovery took 4 trading sessions.
The current CGGE drawdown is -2.06%.
| Rank | CGGE | CLIP |
|---|---|---|
| #1 | -14.44% Feb 18, 2025 - May 12, 2025 | -0.08% Oct 9, 2023 - Oct 13, 2023 |
| #2 | -10.93% Feb 25, 2026 - Apr 17, 2026 | -0.08% Apr 11, 2024 - Apr 16, 2024 |
| #3 | -5.79% Jul 16, 2024 - Aug 19, 2024 | -0.08% Apr 16, 2024 - Apr 23, 2024 |
| #4 | -4.97% Oct 14, 2024 - Jan 24, 2025 | -0.08% Dec 18, 2023 - Dec 21, 2023 |
| #5 | -4.64% Nov 12, 2025 - Dec 10, 2025 | -0.08% May 15, 2024 - May 28, 2024 |
| #6 | -4.55% Jun 2, 2026 - Jun 15, 2026 | -0.06% Jun 23, 2023 - Jun 29, 2023 |
| #7 | -4.04% Aug 30, 2024 - Sep 19, 2024 | -0.05% May 16, 2025 - May 20, 2025 |
| #8 | -3.25% Jan 27, 2026 - Feb 20, 2026 | -0.05% Apr 10, 2025 - Apr 17, 2025 |
| #9 | -2.97% Oct 6, 2025 - Oct 27, 2025 | -0.04% Dec 30, 2024 - Jan 6, 2025 |
| #10 | -2.76% Jul 25, 2025 - Aug 12, 2025 | -0.04% Dec 7, 2023 - Dec 11, 2023 |
| #11 | -2.45% Dec 11, 2025 - Dec 23, 2025 | -0.04% May 9, 2024 - May 13, 2024 |
| #12 | -2.35% Jan 12, 2026 - Jan 27, 2026 | -0.04% Apr 8, 2024 - Apr 11, 2024 |
| #13 | -2.29% May 6, 2026 - May 26, 2026 | -0.04% May 13, 2024 - May 15, 2024 |
| #14 | -2.18% Jun 12, 2025 - Jun 26, 2025 | -0.04% Feb 8, 2024 - Feb 15, 2024 |
| #15 | -2.14% Apr 17, 2026 - May 5, 2026 | -0.04% Mar 11, 2024 - Mar 14, 2024 |
Correlation
Correlation between CGGE and CLIP is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
0.95
-101
Dividend Comparison (2023 - 2026)
CGGE vs CLIP dividend yield comparison.
| Year | CGGE | CLIP |
|---|---|---|
| 2026 | 0.00% | 1.52% |
| 2025 | 0.40% | 4.14% |
| 2024 | 0.35% | 5.11% |
| 2023 | 0.00% | 2.75% |
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