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CGMU vs FSMB

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

CGMU

Capital Group Municipal Income ETF

Annual cost

0.27%

Fund size

$6.1B

FSMB

First Trust Short Duration Managed Municipal ETF

Annual cost

0.34%

Fund size

$611M

Key differences

Both CGMU and FSMB are fixed income ETFs. CGMU charges 0.27% a year and FSMB 0.34%. The main difference: CGMU follows a index tracking strategy; FSMB uses active selection.

  • CGMU follows a index tracking strategy; FSMB uses active selection.
  • CGMU costs 0.07% less per year.
  • CGMU is much larger than FSMB. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, CGMU has delivered higher annualized returns.

Side-by-side comparison

CGMUFSMB
Annual cost (TER)0.27%0.34%
Fund size (AUM)$6.1B$611M
Since20222018
Dividend yield3.34%3.15%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+6.6%+4.0%
CAGR 3Y+4.7%+3.5%
CAGR 5YN/A+1.5%
Sharpe 3Y0.32-0.04
Volatility 1Y2.31%1.40%
Max drawdown-4.10%-6.32%

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

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