Screener
OVM vs CGSM
Overlay Shares Municipal Bond ETF vs Capital Group Short Duration Municipal Income ETF
Key differences
Both OVM and CGSM are fixed income ETFs. OVM charges 0.81% a year and CGSM 0.25%. The main difference: OVM follows a option income strategy; CGSM uses index tracking.
- OVM follows a option income strategy; CGSM uses index tracking.
- CGSM costs 0.56% less per year.
- CGSM is much larger than OVM. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| OVM | CGSM | |
|---|---|---|
| Annual cost (TER) | 0.81% | 0.25% |
| Fund size (AUM) | $38M | $1.2B |
| Since | 2019 | 2023 |
| Dividend yield | 6.12% | 3.00% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +10.9% | +4.4% |
| CAGR 3Y | +5.2% | N/A |
| CAGR 5Y | +1.5% | N/A |
| Sharpe 3Y | 0.30 | N/A |
| Volatility 1Y | 4.24% | 1.34% |
| Max drawdown | -15.58% | -1.42% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.