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APMU vs CGMU

ActivePassive Intermediate Municipal Bond ETF vs Capital Group Municipal Income ETF

APMU

ActivePassive Intermediate Municipal Bond ETF

Active Passive Funds

Annual cost

0.35%

Fund size

$224M

CGMU

Capital Group Municipal Income ETF

Capital Group

Annual cost

0.27%

Fund size

$5.8B

Key differences

  • CGMU costs 0.08% less per year.
  • CGMU is significantly larger than APMU — larger funds tend to be more liquid and less likely to close.
  • APMU follows a active selection strategy; CGMU uses index tracking.
  • Over the last 3 years, CGMU has delivered higher annualized returns.

Side-by-side comparison

APMUCGMU
Annual cost (TER)0.35%0.27%
Fund size (AUM)$224M$5.8B
Since20232022
Dividend yield2.64%3.35%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.9%+6.2%
CAGR 3Y+2.5%+4.2%
CAGR 5YN/AN/A
Sharpe 3Y-0.370.18
Volatility 1Y2.35%2.28%
Max drawdown-4.39%-4.10%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to APMU and CGMU