Screener
FSMB vs CGMU
First Trust Short Duration Managed Municipal ETF vs Capital Group Municipal Income ETF
Key differences
Both FSMB and CGMU are fixed income ETFs. FSMB charges 0.34% a year and CGMU 0.27%. The main difference: FSMB follows a active selection strategy; CGMU uses index tracking.
- FSMB follows a active selection strategy; CGMU uses index tracking.
- CGMU costs 0.07% less per year.
- CGMU is much larger than FSMB. Larger funds are usually more liquid and less likely to close.
- Over the last three years, CGMU has delivered higher annualized returns.
Side-by-side comparison
| FSMB | CGMU | |
|---|---|---|
| Annual cost (TER) | 0.34% | 0.27% |
| Fund size (AUM) | $611M | $6.1B |
| Since | 2018 | 2022 |
| Dividend yield | 3.15% | 3.34% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +4.0% | +6.6% |
| CAGR 3Y | +3.5% | +4.7% |
| CAGR 5Y | +1.5% | N/A |
| Sharpe 3Y | -0.04 | 0.32 |
| Volatility 1Y | 1.40% | 2.31% |
| Max drawdown | -6.32% | -4.10% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.