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CGHM vs HYBX

Capital Group Municipal High-Income ETF vs TCW High Yield Bond ETF

CGHM

Capital Group Municipal High-Income ETF

Annual cost

0.34%

Fund size

$3.1B

HYBX

TCW High Yield Bond ETF

Annual cost

0.50%

Fund size

$32M

Key differences

Both CGHM and HYBX are fixed income ETFs. CGHM charges 0.34% a year and HYBX 0.50%. The main difference: CGHM follows a index tracking strategy; HYBX uses active selection.

  • CGHM follows a index tracking strategy; HYBX uses active selection.
  • CGHM covers North America; HYBX covers global markets excluding the US.
  • CGHM costs 0.16% less per year.
  • CGHM is much larger than HYBX. Larger funds are usually more liquid and less likely to close.
  • HYBX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CGHMHYBX
Annual cost (TER)0.34%0.50%
Fund size (AUM)$3.1B$32M
Since20241993
Dividend yield3.82%7.53%
Asset classfixed incomefixed income
Regionnorth americaglobal ex us
Strategyindex trackingactive selection
CAGR 1Y+9.2%+5.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.13%6.64%
Max drawdown-5.90%-3.93%

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

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