Screener
OVM vs CGMU
Overlay Shares Municipal Bond ETF vs Capital Group Municipal Income ETF
Key differences
Both OVM and CGMU are fixed income ETFs. OVM charges 0.81% a year and CGMU 0.27%. The main difference: OVM follows a option income strategy; CGMU uses index tracking.
- OVM follows a option income strategy; CGMU uses index tracking.
- CGMU costs 0.54% less per year.
- CGMU is much larger than OVM. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| OVM | CGMU | |
|---|---|---|
| Annual cost (TER) | 0.81% | 0.27% |
| Fund size (AUM) | $38M | $6.1B |
| Since | 2019 | 2022 |
| Dividend yield | 6.12% | 3.34% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +10.9% | +6.4% |
| CAGR 3Y | +5.2% | +4.6% |
| CAGR 5Y | +1.5% | N/A |
| Sharpe 3Y | 0.30 | 0.30 |
| Volatility 1Y | 4.24% | 2.28% |
| Max drawdown | -15.58% | -4.10% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.