Screener
CGSM vs OVT
Capital Group Short Duration Municipal Income ETF vs Overlay Shares Short Term Bond ETF
Key differences
Both CGSM and OVT are fixed income ETFs. CGSM charges 0.25% a year and OVT 0.79%. The main difference: CGSM follows a index tracking strategy; OVT uses option income.
- CGSM follows a index tracking strategy; OVT uses option income.
- CGSM costs 0.54% less per year.
- CGSM is much larger than OVT. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| CGSM | OVT | |
|---|---|---|
| Annual cost (TER) | 0.25% | 0.79% |
| Fund size (AUM) | $1.2B | $61M |
| Since | 2023 | 2021 |
| Dividend yield | 3.00% | 8.11% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | option income |
| CAGR 1Y | +4.4% | +8.3% |
| CAGR 3Y | N/A | +7.4% |
| CAGR 5Y | N/A | +2.9% |
| Sharpe 3Y | N/A | 0.88 |
| Volatility 1Y | 1.34% | 3.56% |
| Max drawdown | -1.42% | -13.59% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.