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ISPY vs CGMU

ProShares S&P 500 High Income ETF vs Capital Group Municipal Income ETF

ISPY

ProShares S&P 500 High Income ETF

Annual cost

0.56%

Fund size

$1.3B

CGMU

Capital Group Municipal Income ETF

Annual cost

0.27%

Fund size

$6.1B

Key differences

ISPY is an alternative ETF, while CGMU is a fixed income ETF. ISPY charges 0.56% a year and CGMU 0.27%.

  • ISPY is an alternative fund, while CGMU is a fixed income fund. They carry different risk/return profiles.
  • ISPY follows a option income strategy; CGMU uses index tracking.
  • CGMU costs 0.29% less per year.
  • CGMU is much larger than ISPY. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

ISPYCGMU
Annual cost (TER)0.56%0.27%
Fund size (AUM)$1.3B$6.1B
Since20232022
Dividend yield4.62%3.34%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+22.3%+6.6%
CAGR 3YN/A+4.7%
CAGR 5YN/AN/A
Sharpe 3YN/A0.33
Volatility 1Y11.84%2.31%
Max drawdown-16.88%-4.10%

Similar to ISPY and CGMU