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HCOW vs CGMU

Amplify COWS Covered Call ETF vs Capital Group Municipal Income ETF

HCOW

Amplify COWS Covered Call ETF

Annual cost

0.65%

Fund size

$17M

CGMU

Capital Group Municipal Income ETF

Annual cost

0.27%

Fund size

$6.1B

Key differences

HCOW is an alternative ETF, while CGMU is a fixed income ETF. HCOW charges 0.65% a year and CGMU 0.27%.

  • HCOW is an alternative fund, while CGMU is a fixed income fund. They carry different risk/return profiles.
  • HCOW follows a option income strategy; CGMU uses index tracking.
  • CGMU costs 0.38% less per year.
  • CGMU is much larger than HCOW. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

HCOWCGMU
Annual cost (TER)0.65%0.27%
Fund size (AUM)$17M$6.1B
Since20232022
Dividend yield1.16%3.34%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+20.3%+6.4%
CAGR 3YN/A+4.6%
CAGR 5YN/AN/A
Sharpe 3YN/A0.30
Volatility 1Y13.90%2.28%
Max drawdown-24.15%-4.10%

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

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