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SMMU vs CGMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund vs Capital Group Municipal Income ETF

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

PIMCO

Annual cost

0.35%

Fund size

$1.1B

CGMU

Capital Group Municipal Income ETF

Capital Group

Annual cost

0.27%

Fund size

$5.8B

Key differences

  • CGMU costs 0.08% less per year.
  • CGMU is significantly larger than SMMU — larger funds tend to be more liquid and less likely to close.
  • SMMU has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SMMUCGMU
Annual cost (TER)0.35%0.27%
Fund size (AUM)$1.1B$5.8B
Since20102022
Dividend yield2.79%3.35%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+3.9%+6.6%
CAGR 3Y+3.7%+4.6%
CAGR 5Y+1.9%N/A
Sharpe 3Y0.060.31
Volatility 1Y1.03%2.31%
Max drawdown-5.09%-4.10%

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

Similar to SMMU and CGMU