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TCAL vs CGMU

T. Rowe Price Capital Appreciation Premium Income ETF vs Capital Group Municipal Income ETF

TCAL

T. Rowe Price Capital Appreciation Premium Income ETF

T. Rowe Price

Annual cost

0.34%

Fund size

$280M

CGMU

Capital Group Municipal Income ETF

Capital Group

Annual cost

0.27%

Fund size

$5.8B

Key differences

  • CGMU costs 0.07% less per year.
  • CGMU is significantly larger than TCAL — larger funds tend to be more liquid and less likely to close.
  • TCAL is classified as alternative, while CGMU is fixed income — different risk/return profiles.
  • TCAL follows a option income strategy; CGMU uses index tracking.

Side-by-side comparison

TCALCGMU
Annual cost (TER)0.34%0.27%
Fund size (AUM)$280M$5.8B
Since20252022
Dividend yield11.82%3.35%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+1.3%+6.2%
CAGR 3YN/A+4.2%
CAGR 5YN/AN/A
Sharpe 3YN/A0.18
Volatility 1Y9.38%2.28%
Max drawdown-7.25%-4.10%

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

Similar to TCAL and CGMU