Screener
CGSM vs OVM
Capital Group Short Duration Municipal Income ETF vs Overlay Shares Municipal Bond ETF
Key differences
Both CGSM and OVM are fixed income ETFs. CGSM charges 0.25% a year and OVM 0.81%. The main difference: CGSM follows a index tracking strategy; OVM uses option income.
- CGSM follows a index tracking strategy; OVM uses option income.
- CGSM costs 0.56% less per year.
- CGSM is much larger than OVM. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| CGSM | OVM | |
|---|---|---|
| Annual cost (TER) | 0.25% | 0.81% |
| Fund size (AUM) | $1.2B | $38M |
| Since | 2023 | 2019 |
| Dividend yield | 3.00% | 6.12% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | option income |
| CAGR 1Y | +4.4% | +10.9% |
| CAGR 3Y | N/A | +5.2% |
| CAGR 5Y | N/A | +1.5% |
| Sharpe 3Y | N/A | 0.30 |
| Volatility 1Y | 1.34% | 4.24% |
| Max drawdown | -1.42% | -15.58% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.