Data as of Oct 28, 2026.
CGGR vs GLD: Differences, Returns & Fees
CGGR is an actively managed equity fund and GLD a commodity fund, and over the year to Oct 28, 2026, CGGR returned +2.6% against +2.5%.
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Net assets on Oct 27, 2026: $25.9bn for Capital Group Growth ETF and $135.8bn for SPDR Gold Shares.
Pair scorecard
CGGR costs 0.01 points a year less; their one-year returns differ by 0.1 points; GLD is 5.2 times larger.
| Measure | CGGR | GLD |
|---|---|---|
| Return | ||
| Total return, 1 year | +2.6% | +2.5% |
| Drawdown | ||
| Below its high | 3.4%, high on Oct 6, 2026 | 24.7%, high on Jan 29, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | Gold |
| Cost and size | ||
| Expense ratio | 0.39% | 0.40% |
| Net assets, as of Oct 27, 2026 | $25.9bn | $135.8bn |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 78% | |
| Holdings dated | Aug 31, 2026 | |
| Top ten holdings, share of the fund | 39.7% | |
Risk and return
Mar 4, 2022 to Oct 23, 2026 · 242 weekly returnsEach against its own benchmark: CGGR against VOO, Mar 4, 2022 to Oct 23, 2026; GLD against IAU, Feb 4, 2005 to Oct 23, 2026.
GLD returned slightly more: +99.6% to +91.6%. GLD swung less: 17.2% to 20.4%. GLD fell less at its worst: −24.2% to −27.7%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | CGGR | GLD | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +91.6% | +99.6% | GLD (slight) | Price change plus distributions, reinvested. |
| Annualized | +15.0% | +16.0% | GLD (slight) | Total return as a yearly rate. |
| Price return | +89.2% | +99.6% | GLD | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 20.4% | 17.2% | GLD | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 13.5% | 11.2% | GLD | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −27.7% | −24.2% | GLD | Deepest fall from a high to the low after it. |
| Upside capture | 137.1% | 99.4% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 115.9% | 99.9% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.20 | 1.00 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.92 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.58 | 0.71 | GLD | Return above Treasury bills per unit of volatility. |
| Sortino | 0.88 | 1.09 | GLD | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.098 | 0.097 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.54 | 0.66 | GLD | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | VOO | IAU | The ETF each fund is measured against. | |
| Alpha | −1.0% a year | −0.1% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.37 | −0.57 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −6.3% to +4.3% | −0.4% to +0.2% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.18 | −0.18 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 6.7% | 0.7% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 242 weekly returns. Cash rate: the 13-week Treasury bill.
Side by side
CGGR and GLD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
CGGR and GLD do different jobs. What does each one do in a portfolio?
- What each follows. CGGR follows No index, actively managed and GLD follows Gold.
- Size. CGGR has $25.9bn in net assets and GLD $135.8bn (net assets, as of Oct 27, 2026); GLD is 5.2 times larger.
- One-year total return (similar). Over 1 year to Oct 28, 2026 CGGR returned +2.6% and GLD +2.5% with distributions reinvested, a gap of 0.1 points.
Data as of Oct 28, 2026.
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CGGR
CGGR is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +2.6% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.39% a year. By its holdings filed for Aug 31, 2026, 78% of the fund by weight is stocks the S&P 500 also holds, across 96 positions, with the top ten at 39.7%. It sat 3.4% below its high of Oct 6, 2026 on Oct 28, 2026.
Its expense ratio is 0.40% a year, for the three months to Jun 30, 2026, as its 10-Q states.
GLD holds gold. Over the year to Oct 28, 2026 it returned +2.5% with distributions reinvested, against +2.7% for its benchmark, the price of gold. It sat 24.7% below its high of Jan 29, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, CGGR or GLD?
- In the year to Oct 28, 2026, with distributions reinvested, CGGR returned +2.6% and GLD +2.5%.
- Which is cheaper, CGGR or GLD?
- CGGR is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, CGGR against GLD, data as of Oct 28, 2026. https://etfiq.com/compare/any/cggr-vs-gld
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