Equity

CGNG (Capital Group New Geography Equity ETF)

A global approach to developing markets. Seeks to generate superior long-term, risk-adjusted results via broad exposure to developing country opportunities. The fund principally invests in developing country companies as well as multinational companies with material developing country exposure.

Read important investment disclosures
  • Morningstar Categorytooltip: In an effort to classify funds by what they own, as well as by their prospectus objectives and styles, Morningstar developed Morningstar Categories. While the prospectus objective identifies a fund's investment goals based on the wording in the fund prospectus, the Morningstar Category identifies funds based on their actual investment styles as measured by their underlying portfolio holdings (portfolio and other statistics over the past three years).
    Diversified Emerging Mkts
  • EXPENSE RATIO (GROSS/NET %)
    0.64/0.64
  • 30-DAY SEC YIELD (GROSS/NET %)tooltip: The 30-day SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities calculated according to the standardized SEC formula; when applicable, it reflects the maximum sales charge. If shown, a net yield reflects fee waivers and/or expense reimbursements in effect during the period. Without waivers and/or reimbursements, the yield would be reduced. Gross yield does not adjust for any fee waivers and/or expense reimbursements in effect.
    0.86/0.86
    As of 8/31/26
  • YTD RETURNS (NAV/MARKET PRICE %)
    14.15/14.16
    As of 9/30/26
  • Inception date
    6/25/24
  • Fund Assets ($M)
    $3,148.4
    As of 9/30/26
  • Issuers
    235
    As of 8/31/26
  • Primary benchmark
    MSCI Emerging Markets Indextooltip: MSCI Emerging Markets Index is a free float-adjusted market capitalization weighted index that is designed to measure equity market results in the global emerging markets, consisting of more than 20 emerging market country indexes. Results reflect dividends gross of withholding taxes through December 31, 2000, and dividends net of withholding taxes thereafter. This index is unmanaged, and its results include reinvested dividends and/or distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes.

Overview

Description

Objective
The fund’s investment objective is long-term capital appreciation.
Types of investments
The fund invests in common stocks and other equity-type securities, and cash and cash equivalents.
Distinguishing characteristics
This fund seeks broad exposure to developing country opportunities, principally by investing in developing country companies as well as multinational companies with material developing country exposure. Over the long term, this fund may have the potential to help provide developing markets-like returns with developed markets-like volatility.
Holdings outside the U.S.
The fund will invest at least 30% of its assets in equity securities of issuers domiciled in qualified developing countries.

Key facts

Fund inception
6/25/24
Fund assets (millions)
$3,148.4
As of 9/30/26 (updated daily)
Exchange
NYSE Arca, Inc.
Issuers
235
Holdings as of 8/31/26 (updated monthly)
mthDividendsPaid
Regular dividends paid
Dec.
NAV
$36.47
As of 9/30/26 (updated daily)
Market Price
$36.45
As of 9/30/26 (updated daily)
portfolioTurnover
One-year turnover (%)tooltip: Portfolio turnover is the portion of a portfolio's holdings sold and replaced with new securities annually, usually expressed as a percentage of the portfolio's total assets. For example, a portfolio with a turnover of 25% holds assets for an average of about four years, while a portfolio with a turnover of 100% holds assets for one year.
63
Fiscal year-end
May
Prospectus date
8/1/26
NF_ETFLogic_premium,NF_ETFLogic_discount
Premium/discounttooltip: The percentage amount by which an ETF's selling or purchase market price is either greater than (premium) or less than (discount) its net asset value (NAV).
-0.06%
As of 9/30/26 (updated daily)
NF_ETFLogic_medianBid
30-day median bid/ask spreadtooltip: The median bid-ask spread is calculated by identifying the national best bid and national best offer ("NBBO") for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.
0.03%
As of 9/30/26 (updated daily)
view premium/discount details

Portfolio managers

Carl Kawaja
38 years of investment industry experience
34 years with Capital Group
Lisa Thompson
38 years of investment industry experience
31 years with Capital Group
Brad Freer
Principal Investment Officer
35 years of investment industry experience
32 years with Capital Group
Leo Hee
33 years of investment industry experience
21 years with Capital Group

A distinctive investment approach

The Capital System is designed to deliver superior investment results. Across asset classes, we believe in collaborative research to yield deeper insights, diverse perspectives from multiple portfolio managers and analysts, and a long-term view to decision-making.

Returns

returns

Investment results

Total returns for periods ended 8/31/26 (%)
This ETF is included in a compositetooltip: A composite represents a collection of funds, separate accounts and/or collective investment trusts whose portfolio is managed by the same investment adviser with substantially similar investment objectives, policies, strategies and risks. Composite results help illustrate the overall returns of an investment strategy that is expressed across different vehicles. Outcomes, fees and expenses among investment vehicles will vary. and composite returns can be viewed here.
Read important investment disclosures
  • ●NAV
  • ●Market Price
  • ●Index
Returns table
ETFDaily YTD1M3MYTD1YLifetime
Index data refers to the New Geography/New World Historical Benchmarks Indextooltip: New Geography/New World Historical Benchmarks Index returns reflect the results of the MSCI All Country World Index (ACWI) through December 31, 2025, and the MSCI Emerging Markets Index, the primary benchmark, thereafter. MSCI All Country World Index is a free-float-adjusted market-capitalization-weighted index that is designed to measure equity market results in the global developed and emerging markets, consisting of more than 40 developed and emerging-market country indexes. MSCI Emerging Markets Index is a free-float-adjusted market-capitalization-weighted index that is designed to measure equity market results in the global emerging markets, consisting of more than 20 emerging market country indexes. Results reflect dividends net of withholding taxes. These indexes are unmanaged, and their results include reinvested dividends and/or distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes..
Daily YTD as of 9/30/26. Returns greater than one year are annualized.
Fund inception: 6/25/24. Index lifetime is based on inception date of the fund.

Prices & distributions

As of 9/30/26
  • nav ($)
    $36.47
  • Price change ($)
    $-0.15
  • Price change (%)
    -0.42
  • market price ($)
    $36.45
  • Price change ($)
    $-0.33
  • Price change (%)
    -0.90
Prices distributions table
YTD dividends subtotal ($)0.00
YTD cap gains subtotal ($)0.00
YTD total distributions ($)0.00

Yield

As of 8/31/26 (updated monthly)
12-month distribution rates (at NAV %)tooltip: The income per share paid by the fund over the past 12 months to an investor from dividends (including any special dividends). The distribution rate is expressed as a percentage of the current price.0.59
30-day SEC yield (gross/net %)tooltip: The 30-day SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities calculated according to the standardized SEC formula; when applicable, it reflects the maximum sales charge. If shown, a net yield reflects fee waivers and/or expense reimbursements in effect during the period. Without waivers and/or reimbursements, the yield would be reduced. Gross yield does not adjust for any fee waivers and/or expense reimbursements in effect.0.86/0.86

Portfolio composition

assetMix

Asset mix

As of 8/31/26 (updated monthly, %)
Asset Mix
U.S. Equities
15.1
Non-U.S. Equities
83.0
U.S. Bonds
0.0
Non-U.S. Bonds
0.0
Cash, Equivalents & Other
1.9
U.S. Equities
15.1
Non-U.S. Equities
83.0
U.S Bonds
-
Non-U.S. Bonds
-
Cash, Equivalents & Other
1.9

Market capitalization

As of 8/31/26 (updated monthly)
  • ●
    CGNG
  • ●
    Index
CGNG
Index
Highest quintile
$887,951.7 — $5,130,702.0
21.3%20.7%
Second quintile
$89,225.2 — $845,270.1
25.3%23.9%
Middle quintile
$24,884.0 — $84,690.5
19.5%19.2%
Fourth quintile
$8,552.5 — $24,690.9
18.5%19.1%
Lowest quintile
$129.2 — $8,538.4
13.4%14.1%
Cash
1.9%2.6%
Other
0.1%0.3%

WEIGHTED MEDIAN ($M)

CGNG

$609,741.0

Index

$484,251.0

Index data refers to the MSCI Emerging Markets Indextooltip: MSCI Emerging Markets Index is a free float-adjusted market capitalization weighted index that is designed to measure equity market results in the global emerging markets, consisting of more than 20 emerging market country indexes. Results reflect dividends gross of withholding taxes through December 31, 2000, and dividends net of withholding taxes thereafter. This index is unmanaged, and its results include reinvested dividends and/or distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes..

Valuation

As of 6/30/26 (updated monthly)
CGNGINDEX
Price/Booktooltip: The price‑to‑book (P/B) ratio is the market‑value‑weighted, harmonic average of the P/B ratios of the individual companies held in the portfolio. The P/B ratio of an individual company compares its market value to the value of its total assets, less total liabilities (book value), as reported. This metric reflects the valuation of the underlying companies held in the portfolio and is not a measure of the portfolio's own share price, NAV, or operating performance.3.02.4
Price/Cash flowtooltip: The price‑to‑cash‑flow (P/CF) ratio is the market‑value‑weighted, harmonic average of the P/CF ratios of the individual companies held in the portfolio. This metric reflects how the market values the cash‑generating ability of the underlying companies held in the portfolio and is not a measure of the portfolio's own cash flow, share price, NAV, or operating performance.11.010.4
Price/Earningstooltip: The price‑to‑earnings (P/E) ratio is the market‑value‑weighted, harmonic average of the P/E ratios of the individual companies held in the portfolio. This metric reflects the valuation of the underlying companies held in the portfolio and is not a measure of the portfolio's own earnings, share price, NAV, or operating performance.15.212.8
Index data refers to the MSCI Emerging Markets Indextooltip: MSCI Emerging Markets Index is a free float-adjusted market capitalization weighted index that is designed to measure equity market results in the global emerging markets, consisting of more than 20 emerging market country indexes. Results reflect dividends gross of withholding taxes through December 31, 2000, and dividends net of withholding taxes thereafter. This index is unmanaged, and its results include reinvested dividends and/or distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes..

Morningstar Ownership Zone™

As of 10/1/26 (updated monthly)
Value
Blend
Growth
Large
Mid
Small

Large Growth

Weighted average of holdings
75% of fund's stock holdings
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Top equity holdings

As of 8/31/26 (updated monthly, %)
CGNG
Index
VIEW DAILY HOLDINGS
VIEW QUARTERLY HOLDINGS
VIEW DAILY HOLDINGS
VIEW QUARTERLY HOLDINGS
CGNGIndex
Taiwan Semiconductor Manufacturing10.6%15.1%
SK hynix4.8%5.5%
Samsung Electronics3.8%8.1%
Tencent2.1%2.9%
Alphabet1.6%—
Broadcom1.6%—
MercadoLibre1.5%—
NVIDIA1.4%—
Microsoft1.3%—
Banco Bilbao Vizcaya Argentaria1.3%—
Index data refers to the MSCI Emerging Markets Indextooltip: MSCI Emerging Markets Index is a free float-adjusted market capitalization weighted index that is designed to measure equity market results in the global emerging markets, consisting of more than 20 emerging market country indexes. Results reflect dividends gross of withholding taxes through December 31, 2000, and dividends net of withholding taxes thereafter. This index is unmanaged, and its results include reinvested dividends and/or distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes..

Portfolio exposures

As of 8/31/26 (updated monthly)
Sectors and top holdingsCGNG (%)INDEX (%)
Energy1.93.4
Materials9.56.2
Industrials11.16.6
Consumer discretionary7.98.0
Consumer staples3.62.7
Health care3.92.7
Financials16.019.7
Information technology33.141.7
Communication services8.15.9
Utilities1.71.9
Real estate1.21.0
Index data refers to the MSCI Emerging Markets Indextooltip: MSCI Emerging Markets Index is a free float-adjusted market capitalization weighted index that is designed to measure equity market results in the global emerging markets, consisting of more than 20 emerging market country indexes. Results reflect dividends gross of withholding taxes through December 31, 2000, and dividends net of withholding taxes thereafter. This index is unmanaged, and its results include reinvested dividends and/or distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes..
Data shown reflects the top holdings in each sector. The information shown may include affiliates of the same issuer when applicable.

The New Geography of Investing®

As of 8/31/26 (updated monthly, %)
Equity portion breakdown by domicile allocation
RegionCGNG (%)Index (%)
United States15.4—
Canada2.6—
Europe & Middle East10.3—
Japan3.7—
Asia-Pacific ex. Japan1.9—
China13.120.6
Emerging markets ex. China52.279.3
Other0.8—
EQUITY PORTION BREAKDOWN BY REVENUE allocation
RegionCGNG (%)Index (%)
United States25.724.2
Canada0.70.5
Europe & Middle East8.95.2
Japan3.21.8
Asia-Pacific ex. Japan2.41.4
China19.124.9
Emerging markets ex. China34.038.3
Other5.93.7
FUND BREAKDOWN BY DOMICILE allocation
RegionCGNG (%)Index (%)
United States15.1—
Canada2.6—
Europe & Middle East10.1—
Japan3.7—
Asia-Pacific ex. Japan1.9—
China12.820.6
Emerging markets ex. China51.179.2
Other0.8—
Cash & equivalents2.0—
Equity portion breakdown by domicile allocation
RegionCGNG (%)Index (%)
United States15.4—
Canada2.6—
Europe & Middle East10.3—
Japan3.7—
Asia-Pacific ex. Japan1.9—
China13.120.6
Emerging markets ex. China52.279.3
Other0.8—
EQUITY PORTION BREAKDOWN BY REVENUE allocation
RegionCGNG (%)Index (%)
United States25.724.2
Canada0.70.5
Europe & Middle East8.95.2
Japan3.21.8
Asia-Pacific ex. Japan2.41.4
China19.124.9
Emerging markets ex. China34.038.3
Other5.93.7
FUND BREAKDOWN BY DOMICILE allocation
RegionCGNG (%)Index (%)
United States15.1—
Canada2.6—
Europe & Middle East10.1—
Japan3.7—
Asia-Pacific ex. Japan1.9—
China12.820.6
Emerging markets ex. China51.179.2
Other0.8—
Cash & equivalents2.0—
Index data refers to the MSCI Emerging Markets Indextooltip: MSCI Emerging Markets Index is a free float-adjusted market capitalization weighted index that is designed to measure equity market results in the global emerging markets, consisting of more than 20 emerging market country indexes. Results reflect dividends gross of withholding taxes through December 31, 2000, and dividends net of withholding taxes thereafter. This index is unmanaged, and its results include reinvested dividends and/or distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes..

Fees & expenses

Expense ratio

As of the most recent prospectus
CGNG (gross/net %)
0.64/0.64

Resources