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FFLS vs CGMU

The Future Fund Long/Short ETF vs Capital Group Municipal Income ETF

FFLS

The Future Fund Long/Short ETF

Annual cost

1.60%

Fund size

$43M

CGMU

Capital Group Municipal Income ETF

Annual cost

0.27%

Fund size

$6.1B

Key differences

FFLS is an alternative ETF, while CGMU is a fixed income ETF. FFLS charges 1.60% a year and CGMU 0.27%.

  • FFLS is an alternative fund, while CGMU is a fixed income fund. They carry different risk/return profiles.
  • FFLS follows a long short strategy; CGMU uses index tracking.
  • CGMU costs 1.33% less per year.
  • CGMU is much larger than FFLS. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FFLSCGMU
Annual cost (TER)1.60%0.27%
Fund size (AUM)$43M$6.1B
Since20232022
Dividend yield0.12%3.34%
Asset classalternativefixed income
Regionnorth americanorth america
Strategylong shortindex tracking
CAGR 1Y-2.8%+6.6%
CAGR 3YN/A+4.7%
CAGR 5YN/AN/A
Sharpe 3YN/A0.33
Volatility 1Y9.22%2.31%
Max drawdown-11.05%-4.10%

Similar to FFLS and CGMU