CGMU vs FMB

Capital Group Municipal Income ETF against First Trust Managed Municipal ETF: cost, size, returns, what they hold and how much of it is the same.

Overlap by weight

92 shared positions

Fee gap

12 bp

CGMU is cheaper

1-year return gap

1.6 pts

CGMU is ahead

Larger fund

CGMU

$7.2B

Side by side

	CGMU	FMB
Fund	Capital Group Municipal Income ETF	First Trust Managed Municipal ETF
Issuer	Capital Group	First Trust
Category	National Muni	National Muni
Expense ratio	0.27%	0.39%
Assets	$7.2B	$1.9B
Average daily dollar volume	$97M	$31M
Listed	Oct 25, 2022	May 13, 2014
FrenzyCap score	82	63
1-month return	−0.2%	−0.9%
3-month return	−2.4%	−3.4%
Year to date	−3.6%	−5.1%
1-year return	−3.8%	−5.4%
30-day volatility	5.7%	6.7%
Worst drawdown, 1 year	−7.7%	−8.6%
Trailing 12-month yield	3.50%	3.83%
Holdings	2,637	1,251
Top 10 weight	5.7%	5.3%
Look-through P/E	—	—
Holdings vs fair value	—	—
Holdings above 200-day average	—	—
Net flow, latest 3 reported months	+$690M thru Jun 2026	+$69M thru Jul 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

5% of CGMU · 11% of FMB

Holding	CGMU	FMB
BLACK BELT ENERGY GAS DIST AL BBEUTL 06/36 FIXED 5.25, due Jun 15, 2036	0.48%	0.29%
CALIFORNIA CMNTY CHOICE FING A CCEDEV 06/36 FIXED 5, due Jun 15, 2036	0.37%	0.20%
PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.329, due Jul 15, 2040	0.57%	0.17%
BLACK BELT ENERGY GAS DIST AL BBEUTL 06/36 FIXED 5, due Jun 15, 2036	0.28%	0.16%
SOUTHEAST ENERGY AUTHORITY A C SEEPWR 09/35 FIXED 5, due Sep 15, 2035	0.16%	0.27%
TENNESSEE ST ENERGY ACQUISITIO TNSUTL 12/35 FIXED 5, due Dec 15, 2035	0.21%	0.13%
BLACK BELT ENERGY GAS DIST AL BBEUTL 12/34 FIXED 5, due Dec 15, 2034	0.12%	0.13%
TEXAS ST MUNI GAS ACQUISITION TGAUTL 03/37 FIXED 5.25, due Mar 15, 2037	0.32%	0.11%
ARKANSAS DEV FIN AUTH ENVIRONM ARSDEV 09/46 ADJUSTABLE VAR, due Sep 15, 2046	0.26%	0.10%
CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/52 ADJUSTABLE VAR, due Feb 15, 2052	0.10%	0.12%
PEFA INC IA GAS PROJ REVENUE PEFUTL 04/35 FIXED 5, due Apr 15, 2035	0.09%	0.50%
MAIN STREET NATURAL GAS INC GA MAIUTL 05/54 ADJUSTABLE VAR, due May 15, 2054	0.09%	0.09%
HOUSTON TX ARPT SYS REVENUE HOUAPT 07/41 FIXED 4, due Jul 15, 2041	0.08%	0.09%
NEW MEXICO ST MUNI ENERGY ACQU NMSPWR 06/54 ADJUSTABLE VAR, due Jun 15, 2054	0.08%	0.16%
CALIFORNIA CMNTY CHOICE FING A CCEDEV 07/35 FIXED 5, due Jul 15, 2035	0.08%	0.08%
WASHINGTON ST HSG FIN COMMISSI WASHSG 12/35 FIXED 3.5, due Dec 15, 2035	0.07%	0.11%
SOUTHEAST ENERGY AUTH AL COOPE SEEPWR 11/55 ADJUSTABLE VAR, due Nov 15, 2055	0.07%	0.24%
DENVER CITY CNTY CO ARPT REV DENAPT 12/32 FIXED 5, due Dec 15, 2032	0.07%	0.26%
TEXAS ST MUNI GAS ACQUISITION TMGUTL 01/54 ADJUSTABLE VAR, due Jan 15, 2054	0.07%	0.46%
MET GOVT NASHVILLE DAVIDSONC METHGR 07/37 FIXED 5, due Jul 15, 2037	0.07%	0.06%
AUSTIN TX ARPT SYS REVENUE AUSAPT 11/42 FIXED 5, due Nov 15, 2042	0.05%	0.08%
MAIN STREET NATURAL GAS INC GA MAIUTL 07/53 ADJUSTABLE VAR, due Jul 15, 2053	0.05%	0.15%
ROCHESTER MN HLTH CARE FACS RE ROCMED 11/42 FIXED 5, due Nov 15, 2042	0.12%	0.05%
ENERGY S E AL A COOPERATIVE DI ESDPWR 11/33 FIXED 5, due Nov 15, 2033	0.07%	0.05%
CALIFORNIA CMNTY CHOICE FING A CCEDEV 05/54 ADJUSTABLE VAR, due May 15, 2054	0.05%	0.11%

Sector mix of the stock holdings

No sector breakdown: these funds hold few classified stocks.

More: full overlap table · CGMU holdings · FMB 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.