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SBAR vs CGMU

Simplify Barrier Income ETF vs Capital Group Municipal Income ETF

SBAR

Simplify Barrier Income ETF

Simplify Asset Management

Annual cost

0.75%

Fund size

$291M

CGMU

Capital Group Municipal Income ETF

Capital Group

Annual cost

0.27%

Fund size

$5.8B

Key differences

  • CGMU costs 0.48% less per year.
  • CGMU is significantly larger than SBAR — larger funds tend to be more liquid and less likely to close.
  • SBAR is classified as alternative, while CGMU is fixed income — different risk/return profiles.
  • SBAR follows a option income strategy; CGMU uses index tracking.

Side-by-side comparison

SBARCGMU
Annual cost (TER)0.75%0.27%
Fund size (AUM)$291M$5.8B
Since20252022
Dividend yield12.88%3.35%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+13.1%+6.2%
CAGR 3YN/A+4.2%
CAGR 5YN/AN/A
Sharpe 3YN/A0.18
Volatility 1Y9.58%2.28%
Max drawdown-5.32%-4.10%

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

Similar to SBAR and CGMU