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PHYD vs CGSM

Putnam ESG High Yield ETF vs Capital Group Short Duration Municipal Income ETF

PHYD

Putnam ESG High Yield ETF

Annual cost

0.55%

Fund size

$8M

CGSM

Capital Group Short Duration Municipal Income ETF

Annual cost

0.25%

Fund size

$1.1B

Key differences

  • CGSM costs 0.30% less per year.
  • CGSM is significantly larger than PHYD — larger funds tend to be more liquid and less likely to close.
  • PHYD follows a active selection strategy; CGSM uses index tracking.

Side-by-side comparison

PHYDCGSM
Annual cost (TER)0.55%0.25%
Fund size (AUM)$8M$1.1B
Since20232023
Dividend yield8.54%3.04%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.2%+4.6%
CAGR 3Y+9.3%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.24N/A
Volatility 1Y3.28%1.34%
Max drawdown-4.33%-1.42%

Similar to PHYD and CGSM