Screener
HYBX vs CGSM
TCW High Yield Bond ETF vs Capital Group Short Duration Municipal Income ETF
Key differences
Both HYBX and CGSM are fixed income ETFs. HYBX charges 0.50% a year and CGSM 0.25%. The main difference: HYBX follows a active selection strategy; CGSM uses index tracking.
- HYBX follows a active selection strategy; CGSM uses index tracking.
- HYBX covers global markets excluding the US; CGSM covers North America.
- CGSM costs 0.25% less per year.
- CGSM is much larger than HYBX. Larger funds are usually more liquid and less likely to close.
- HYBX has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYBX | CGSM | |
|---|---|---|
| Annual cost (TER) | 0.50% | 0.25% |
| Fund size (AUM) | $32M | $1.2B |
| Since | 1993 | 2023 |
| Dividend yield | 7.53% | 3.00% |
| Asset class | fixed income | fixed income |
| Region | global ex us | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +5.3% | +4.6% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | 6.64% | 1.34% |
| Max drawdown | -3.93% | -1.42% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.