Capital Group Growth ETF returned roughly 11% over the trailing twelve months, trailing the S&P 500’s 21% and the Nasdaq-100’s 25% despite heavy exposure to NVIDIA, Meta, Tesla, and Broadcom. NVIDIA reported Q1 FY27 revenue of $82 billion, up 85% year over year, while Meta delivered Q1 2026 revenue of $56 billion, up 33% year over year. The fund’s 0.39% expense ratio and low turnover of around 16% meant it could not keep pace with cheaper passive growth ETFs from Vanguard and Schwab, which returned about 17% and 18% respectively. Since early 2022, CGGR’s roughly 90% return is competitive with passive peers, but the recent underperformance raises questions about the value of its active management for pure megacap exposure.
Broadcom Inc
NVIDIA Corporation
Meta Platforms Inc.
Charles Schwab Corp
Tesla Inc