CGMU vs FMUN
Capital Group Municipal Income ETF against Fidelity Systematic Municipal Bond Index ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
3%
52 shared positions
Fee gap
22 bp
FMUN is cheaper
1-year return gap
0.8 pts
CGMU is ahead
Larger fund
CGMU
$7.6B
Side by side
| CGMU | FMUN | |
|---|---|---|
| Fund | Capital Group Municipal Income ETF | Fidelity Systematic Municipal Bond Index ETF |
| Issuer | Capital Group | Fidelity |
| Category | National Muni | National Muni |
| Expense ratio | 0.27% | 0.05% |
| Assets | $7.6B | $189M |
| Average daily dollar volume | $102M | $1.5M |
| Listed | Oct 25, 2022 | Jul 11, 2019 |
| FrenzyCap score | 82 | 73 |
| 1-month return | +3.9% | +4.6% |
| 3-month return | −0.6% | −1.2% |
| Year to date | −1.5% | −2.2% |
| 1-year return | −1.4% | −2.2% |
| 30-day volatility | 4.9% | 7.7% |
| Worst drawdown, 1 year | −7.7% | −9.2% |
| Trailing 12-month yield | 3.39% | 3.36% |
| Holdings | 2,937 | 1,235 |
| Top 10 weight | 5.6% | 5.1% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$690M thru Jun 2026 | +$2.0M thru Jun 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Nov 5, 2026issuer data | as of Nov 5, 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
3% of CGMU · 7% of FMUN| Holding | CGMU | FMUN |
|---|---|---|
| CALIFORNIA CMNTY CHOICE FING A CCEDEV 01/55 ADJUSTABLE VAR, due Jan 15, 2055 | 0.23% | 0.26% |
| SOUTHEAST ENERGY AUTHORITY A C SEEPWR 03/55 ADJUSTABLE VAR, due Mar 15, 2055 | 0.21% | 0.46% |
| SOUTHEAST ENERGY AUTHORITY A C SEEPWR 01/56 ADJUSTABLE VAR, due Jan 15, 2056 | 0.25% | 0.17% |
| BLACK BELT ENERGY GAS DIST AL BBEUTL 10/35 FIXED 5, due Oct 15, 2035 | 0.16% | 0.50% |
| S E ALABAMA ST GAS SPLY DIST G SOUUTL 06/49 ADJUSTABLE VAR, due Jun 15, 2049 | 0.14% | 0.12% |
| ENERGY S E AL A COOPERATIVE DI ESDPWR 07/54 ADJUSTABLE VAR, due Jul 15, 2054 | 0.17% | 0.11% |
| SOUTHEAST ENERGY AUTHORITY A C SEEPWR 10/55 ADJUSTABLE VAR, due Oct 15, 2055 | 0.16% | 0.11% |
| OHIO ST UNIV OHSHGR 06/35 FIXED 5, due Jun 15, 2035 | 0.10% | 0.10% |
| BLACK BELT ENERGY GAS DIST AL BBEUTL 10/55 ADJUSTABLE VAR, due Oct 15, 2055 | 0.10% | 0.13% |
| LOS ANGELES CA DEPT OF WTR P LOSUTL 07/38 FIXED 5, due Jul 15, 2038 | 0.09% | 0.14% |
| NEW YORK ST TRANSPRTN DEV CORP NYTTRN 10/45 FIXED OID 4.375, due Oct 15, 2045 | 0.09% | 0.16% |
| MAIN STREET NATURAL GAS INC GA MAIUTL 05/54 ADJUSTABLE VAR, due May 15, 2054 | 0.08% | 0.39% |
| NEW YORK NY NYC 08/45 FIXED 5.25, due Aug 15, 2045 | 0.08% | 0.08% |
| TARRANT CNTY TX CULTURAL EDU F TAREDU 11/51 ADJUSTABLE VAR, due Nov 15, 2051 | 0.07% | 0.10% |
| BLACK BELT ENERGY GAS DIST AL BBEUTL 03/55 ADJUSTABLE VAR, due Mar 15, 2055 | 0.07% | 0.08% |
| SOUTHEAST ENERGY AUTH AL COOPE SEEPWR 11/55 ADJUSTABLE VAR, due Nov 15, 2055 | 0.07% | 0.09% |
| CALIFORNIA CMNTY CHOICE FING A CCEDEV 03/56 ADJUSTABLE VAR, due Mar 15, 2056 | 0.07% | 0.11% |
| ROCHESTER MN HLTH CARE FACS RE ROCMED 11/33 FIXED 5, due Nov 15, 2033 | 0.07% | 0.09% |
| TEXAS ST MUNI GAS ACQUISITION TGAUTL 01/36 FIXED 5, due Jan 15, 2036 | 0.06% | 0.10% |
| BLACK BELT ENERGY GAS DIST AL BBEUTL 12/55 ADJUSTABLE VAR, due Dec 15, 2055 | 0.06% | 0.32% |
| MASSACHUSETTS ST DEV FIN AGY R MASDEV 05/55 ADJUSTABLE VAR, due May 15, 2055 | 0.06% | 0.08% |
| CALIFORNIA CMNTY CHOICE FING A CCEDEV 05/54 ADJUSTABLE VAR, due May 15, 2054 | 0.05% | 0.15% |
| TEXAS ST TRANSPRTN COMMISSION TXSTRN 08/39 FIXED 5, due Aug 15, 2039 | 0.04% | 0.08% |
| NEW JERSEY ST HLTH CARE FACS F NJSMED 07/34 FIXED 5, due Jul 15, 2034 | 0.04% | 0.09% |
| NEW YORK ST TRANSPRTN DEV CORP NYTTRN 12/35 FIXED 5, due Dec 15, 2035 | 0.04% | 0.08% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · CGMU holdings · FMUN 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.