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OGSP vs CGMU

Obra High Grade Structured Products ETF vs Capital Group Municipal Income ETF

OGSP

Obra High Grade Structured Products ETF

Obra Fund Management, LLC

Annual cost

0.64%

Fund size

$29M

CGMU

Capital Group Municipal Income ETF

Capital Group

Annual cost

0.27%

Fund size

$5.8B

Key differences

  • CGMU costs 0.37% less per year.
  • CGMU is significantly larger than OGSP — larger funds tend to be more liquid and less likely to close.
  • OGSP is classified as alternative, while CGMU is fixed income — different risk/return profiles.
  • OGSP follows a active selection strategy; CGMU uses index tracking.

Side-by-side comparison

OGSPCGMU
Annual cost (TER)0.64%0.27%
Fund size (AUM)$29M$5.8B
Since20242022
Dividend yield5.86%3.35%
Asset classalternativefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.6%+6.2%
CAGR 3YN/A+4.2%
CAGR 5YN/AN/A
Sharpe 3YN/A0.18
Volatility 1Y1.75%2.28%
Max drawdown-0.81%-4.10%

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

Similar to OGSP and CGMU