In this study, we developed a novel hybrid electrode nanomaterial composed of Co3O4, CoFe2O4, and reduced graphene oxide (RGO) for electrochemical supercapacitor applications. The hybrid nanocomposite of Co3O4/RGO/CoFe2O4 was prepared using a modified chemical oxidation process and the phase formation of the composites was evidenced by X-ray diffraction (XRD). The grain size for Co3O4 and CoFe2O4 was estimated as 12 nm and 22 nm. For Co3O4/CoFe2O4 the reduced grain size of 19 nm for CoFe2O4 was observed and further it was reduced with RGO up to 15 nm. The bare Co3O4 exhibited a hexagonal plate-like morphology, whereas the bare CoFe2O4 showed mostly a spherical morphology. The reduced saturation magnetization for the hybrid electrode material due to the non-magnetic fraction of Co3O4 and RGO was observed to be 21 emu/g compared to the bare CoFe2O4 (77 emu/g). The Co3O4/RGO/CoFe2O4 electrode exhibited enriched electroactive sites and enhanced diffusion pathways, achieving a high specific capacity of 235C g − 1 at 5 A g − 1 with excellent durability.. This work highlights the significant charge storage potential of the Co3O4/RGO/CoFe2O4 hybrid, making it a promising candidate for advanced energy storage systems.