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CGHM vs FSMB

Capital Group Municipal High-Income ETF vs First Trust Short Duration Managed Municipal ETF

CGHM

Capital Group Municipal High-Income ETF

Annual cost

0.34%

Fund size

$3.1B

FSMB

First Trust Short Duration Managed Municipal ETF

Annual cost

0.34%

Fund size

$611M

Key differences

Both CGHM and FSMB are fixed income ETFs. CGHM charges 0.34% a year and FSMB 0.34%. The main difference: CGHM follows a index tracking strategy; FSMB uses active selection.

  • CGHM follows a index tracking strategy; FSMB uses active selection.
  • CGHM is much larger than FSMB. Larger funds are usually more liquid and less likely to close.
  • FSMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CGHMFSMB
Annual cost (TER)0.34%0.34%
Fund size (AUM)$3.1B$611M
Since20242018
Dividend yield3.82%3.15%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+9.2%+4.0%
CAGR 3YN/A+3.5%
CAGR 5YN/A+1.5%
Sharpe 3YN/A-0.04
Volatility 1Y3.13%1.40%
Max drawdown-5.90%-6.32%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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