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Capital Group International Core Equity ETF CGIC

Anyone bought Capital Group International Core Equity ETF CGIC?

This is from Morningstar,
“The Best International-Stock Funds” by Tori Brovet
Jun 16, 2025

https://www.morningstar.com/funds/best-international-stock-funds

Comments

  • Looks like a good fund. I would mix it up with moderate global allocation fund like
    VGWLX
    Vanguard Global Wellington Fund Investor Shares
  • Planning to shortly --- want to swap out of their Smallcap World OEF into this one for more global diversification.
  • FWIW before buying CGIC, consider WAIVX. It's done better. I own it.
  • FWIW before buying CGIC, consider WAIVX. It's done better. I own it.

    I like its composition, but I own many of their top holdings already...
  • I would normally say, hold off and let it build some AUM first, but CG has a decent track record enough to jump in on a 1 yr old ETF. in 1 year its slightly underpeformed its index.

    I used DFA international Core in a 401k and when I left that company I went to Avantis and use AVDE. I would heavily consider AVDE as well.
  • You might check out TRIGX. A long history to study.
  • FWIW before buying CGIC, consider WAIVX. It's done better. I own it.

    Yes, that does seem like a good candidate, has same manager as
    Wasatch Global Value Investor (FMIEX) with good track record.

  • I like funds with a => five year history so that I can look at performance from 2020 and 2022. With that in mind, DIVI, EPDIX, and EPVIX are at the top of the list for my IRA. The two OEF's are awfully expensive.
  • larryB said:

    You might check out TRIGX. A long history to study.

    Like many int'l funds, it is light in EM and heavy in Europe. If that's what you're looking for, it is definitely worth checking out.
    CGIC is also Eurocentric, but has healthy exposure (1/8) in EM.

    Another OEF to consider is BRXIX (TF, or BRXAX TF). A bit more EM exposure (1/6) and more balanced between Europe and Developed Asia (1/2 of which is in Japan). Then there's BIIEX (and its ETF clone BINV) with its tilt toward Latin America.

    All worth a look depending on your preferences. Even though (aside from CGIC) none rate "Gold" and so are excluded from the originally cited M* piece.
  • For some reason, CGXU, Capital Group’s older international ETF, has been a bit sluggish. Compared to the relative performance of the other ETFs CG brought out in the first batch, like CGDV, GGGR, and CGGO, CGXU has not been great. I currently own BINV. I think that DIVI is also a good choice.
  • As described in M*'s summary of CGIC, "Most of the firm’s ETFs are carved from a legacy vehicle, which its portfolio strategy-management group uses as a base to parse into a more compact portfolio based on liquidity factors while ensuring the stylistic traits remain intact."

    So when considering an ETF it can be useful to check the longer term performance of an ETF's reference fund. M* goes on to say that CGIC's reference fund is IGFFX.

    CGXU is a near clone of JHVIT American International I (JAHLX), which had two good years in the last ten: 2022 when is lost "only" 21% vs 24% for its category, and 2016 (6th percentile). A couple of the other years were okay (39th percentile, 44th percentile). FWIW, JAHLX is 100% invested in American Funds IS® International 1 ("ticker" FVUSA0002K).
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