CGMU vs FLMI

Capital Group Municipal Income ETF against Franklin Dynamic Municipal Bond ETF: cost, size, returns, what they hold and how much of it is the same.

Overlap by weight

117 shared positions

Fee gap

3 bp

CGMU is cheaper

1-year return gap

1.4 pts

CGMU is ahead

Larger fund

CGMU

$7.2B

Side by side

	CGMU	FLMI
Fund	Capital Group Municipal Income ETF	Franklin Dynamic Municipal Bond ETF
Issuer	Capital Group	Franklin Templeton
Category	National Muni	National Muni
Expense ratio	0.27%	0.30%
Assets	$7.2B	$2.3B
Average daily dollar volume	$97M	$50M
Listed	Oct 25, 2022	Aug 31, 2017
FrenzyCap score	82	73
1-month return	−0.2%	−0.8%
3-month return	−2.4%	−3.7%
Year to date	−3.6%	−4.8%
1-year return	−3.8%	−5.1%
30-day volatility	5.7%	7.1%
Worst drawdown, 1 year	−7.7%	−9.1%
Trailing 12-month yield	3.50%	4.19%
Holdings	2,637	1,453
Top 10 weight	5.7%	18.0%
Look-through P/E	—	—
Holdings vs fair value	—	—
Holdings above 200-day average	—	—
Net flow, latest 3 reported months	+$690M thru Jun 2026	+$405M thru Jun 2026
30-day implied volatility	—	—
Holdings as of	as of Oct 20, 2026issuer data	as of Oct 20, 2026issuer data

Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.

Largest shared holdings

7% of CGMU · 25% of FLMI

Holding	CGMU	FLMI
TEXAS ST MUNI GAS ACQUISITION TGAUTL 03/37 FIXED 5.25, due Mar 15, 2037	0.32%	0.30%
ARKANSAS DEV FIN AUTH ENVIRONM ARSDEV 09/46 ADJUSTABLE VAR, due Sep 15, 2046	0.26%	0.22%
SOUTHEAST ENERGY AUTHORITY A C SEEPWR 03/55 ADJUSTABLE VAR, due Mar 15, 2055	0.22%	1.43%
ENERGY S E AL A COOPERATIVE DI ESDPWR 11/37 FIXED 5.25, due Nov 15, 2037	0.17%	1.63%
ENERGY S E AL A COOPERATIVE DI ESDPWR 07/54 ADJUSTABLE VAR, due Jul 15, 2054	0.15%	0.16%
BLACK BELT ENERGY GAS DIST AL BBEUTL 10/35 FIXED 5, due Oct 15, 2035	0.14%	2.07%
ENERGY S E AL A COOPERATIVE DI ESDPWR 04/34 FIXED 5, due Apr 15, 2034	0.12%	0.99%
OHIO ST AIR QUALITY DEV AUTH E OHSDEV 01/38 FIXED 4.25, due Jan 15, 2038	0.11%	0.67%
SOUTHEAST ENERGY AUTHORITY A C SEEPWR 11/35 FIXED 5, due Nov 15, 2035	0.10%	1.68%
FLORIDA ST DEV FIN CORP SOL WS FLSDEV 06/46 ADJUSTABLE VAR, due Jun 15, 2046	0.15%	0.09%
HOUSTON TX ARPT SYS REVENUE HOUAPT 07/38 FIXED 5.5, due Jul 15, 2038	0.09%	0.33%
NEW YORK ST TRANSPRTN DEV CORP NYTTRN 10/40 FIXED 5, due Oct 15, 2040	0.08%	0.63%
NATIONAL FIN AUTH NH MUNI CTFS NFADEV 12/42 FIXED 5.1, due Dec 15, 2042	0.08%	0.23%
MISSION TX ECON DEV CORP SOL W MISPOL 12/64 ADJUSTABLE VAR, due Dec 15, 2064	0.11%	0.08%
CHICAGO IL BRD OF EDU CHIEDU 12/45 FIXED OID 5.5, due Dec 15, 2045	0.08%	0.41%
TEXAS ST MUNI GAS ACQUISITION TMGUTL 01/54 ADJUSTABLE VAR, due Jan 15, 2054	0.07%	0.25%
MAIN STREET NATURAL GAS INC GA MAIUTL 12/54 ADJUSTABLE VAR, due Dec 15, 2054	0.11%	0.07%
TEXAS ST MUNI GAS ACQUISITION TGAUTL 01/36 FIXED 5, due Jan 15, 2036	0.06%	1.32%
CHICAGO IL BRD OF EDU CHIEDU 12/43 FIXED 6, due Dec 15, 2043	0.06%	0.27%
KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 05/36 FIXED 5, due May 15, 2036	0.06%	1.01%
TENNESSEE ENERGY ACQUISITION C TNSUTL 05/52 ADJUSTABLE VAR, due May 15, 2052	0.06%	0.28%
MET PIER EXPOSITION AUTH IL MPNFAC 12/42 FIXED 4, due Dec 15, 2042	0.06%	1.20%
CHICAGO IL BRD OF EDU CHIEDU 12/50 FIXED 6.25, due Dec 15, 2050	0.05%	0.09%
BERKS CNTY PA MUNI AUTH BERFAC 06/39 FIXED 5, due Jun 15, 2039	0.11%	0.05%
CHICAGO IL BRD OF EDU CHIEDU 12/50 FIXED OID 5.75, due Dec 15, 2050	0.05%	0.16%

Sector mix of the stock holdings

No sector breakdown: these funds hold few classified stocks.

More: full overlap table · CGMU holdings · FLMI holdings

Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.