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MAGO vs CGMU

Tuttle Capital Magnificent 7 Income Blast ETF vs Capital Group Municipal Income ETF

MAGO

Tuttle Capital Magnificent 7 Income Blast ETF

Tuttle Capital Management, LLC

Annual cost

0.99%

Fund size

$2M

CGMU

Capital Group Municipal Income ETF

Capital Group

Annual cost

0.27%

Fund size

$5.8B

Key differences

  • CGMU costs 0.72% less per year.
  • CGMU is significantly larger than MAGO — larger funds tend to be more liquid and less likely to close.
  • MAGO is classified as alternative, while CGMU is fixed income — different risk/return profiles.
  • MAGO follows a option income strategy; CGMU uses index tracking.

Side-by-side comparison

MAGOCGMU
Annual cost (TER)0.99%0.27%
Fund size (AUM)$2M$5.8B
Since20252022
Dividend yield3.35%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1YN/A+6.2%
CAGR 3YN/A+4.2%
CAGR 5YN/AN/A
Sharpe 3YN/A0.18
Volatility 1Y2.28%
Max drawdown-17.98%-4.10%

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

Similar to MAGO and CGMU