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FSMB vs CGHM

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

FSMB

First Trust Short Duration Managed Municipal ETF

Annual cost

0.34%

Fund size

$611M

CGHM

Capital Group Municipal High-Income ETF

Annual cost

0.34%

Fund size

$3.1B

Key differences

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

  • FSMB follows a active selection strategy; CGHM uses index tracking.
  • CGHM is much larger than FSMB. Larger funds are usually more liquid and less likely to close.
  • FSMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FSMBCGHM
Annual cost (TER)0.34%0.34%
Fund size (AUM)$611M$3.1B
Since20182024
Dividend yield3.15%3.82%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.0%+9.2%
CAGR 3Y+3.5%N/A
CAGR 5Y+1.5%N/A
Sharpe 3Y-0.04N/A
Volatility 1Y1.40%3.13%
Max drawdown-6.32%-5.90%

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

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