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FSMB vs CGSM

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

FSMB

First Trust Short Duration Managed Municipal ETF

Annual cost

0.34%

Fund size

$611M

CGSM

Capital Group Short Duration Municipal Income ETF

Annual cost

0.25%

Fund size

$1.2B

Key differences

Both FSMB and CGSM are fixed income ETFs. FSMB charges 0.34% a year and CGSM 0.25%. The main difference: FSMB follows a active selection strategy; CGSM uses index tracking.

  • FSMB follows a active selection strategy; CGSM uses index tracking.
  • CGSM costs 0.09% less per year.
  • FSMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FSMBCGSM
Annual cost (TER)0.34%0.25%
Fund size (AUM)$611M$1.2B
Since20182023
Dividend yield3.15%3.00%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.0%+4.5%
CAGR 3Y+3.5%N/A
CAGR 5Y+1.5%N/A
Sharpe 3Y-0.04N/A
Volatility 1Y1.40%1.34%
Max drawdown-6.32%-1.42%

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

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