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IYLD vs CGMU

iShares Morningstar Multi-Asset Income ETF vs Capital Group Municipal Income ETF

IYLD

iShares Morningstar Multi-Asset Income ETF

iShares

Annual cost

0.50%

Fund size

$129M

CGMU

Capital Group Municipal Income ETF

Capital Group

Annual cost

0.27%

Fund size

$5.8B

Key differences

  • CGMU costs 0.23% less per year.
  • CGMU is significantly larger than IYLD — larger funds tend to be more liquid and less likely to close.
  • IYLD is classified as mixed asset, while CGMU is fixed income — different risk/return profiles.
  • IYLD follows a active selection strategy; CGMU uses index tracking.
  • Over the last 3 years, IYLD has delivered higher annualized returns.
  • IYLD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IYLDCGMU
Annual cost (TER)0.50%0.27%
Fund size (AUM)$129M$5.8B
Since20122022
Dividend yield4.55%3.35%
Asset classmixed assetfixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+14.3%+6.2%
CAGR 3Y+10.9%+4.2%
CAGR 5Y+3.6%N/A
Sharpe 3Y1.100.18
Volatility 1Y5.76%2.28%
Max drawdown-30.23%-4.10%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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