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CGSM vs FSMB

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

CGSM

Capital Group Short Duration Municipal Income ETF

Annual cost

0.25%

Fund size

$1.2B

FSMB

First Trust Short Duration Managed Municipal ETF

Annual cost

0.34%

Fund size

$611M

Key differences

Both CGSM and FSMB are fixed income ETFs. CGSM charges 0.25% a year and FSMB 0.34%. The main difference: CGSM follows a index tracking strategy; FSMB uses active selection.

  • CGSM follows a index tracking strategy; FSMB uses active selection.
  • CGSM costs 0.09% less per year.
  • FSMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CGSMFSMB
Annual cost (TER)0.25%0.34%
Fund size (AUM)$1.2B$611M
Since20232018
Dividend yield3.00%3.15%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+4.5%+4.0%
CAGR 3YN/A+3.5%
CAGR 5YN/A+1.5%
Sharpe 3YN/A-0.04
Volatility 1Y1.34%1.40%
Max drawdown-1.42%-6.32%

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

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