CGMU vs GMUB

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

Overlap by weight

99 shared positions

Fee gap

9 bp

GMUB is cheaper

1-year return gap

0.7 pts

GMUB is ahead

Larger fund

CGMU

$7.2B

Side by side

	CGMU	GMUB
Fund	Capital Group Municipal Income ETF	Goldman Sachs Municipal Income ETF
Issuer	Capital Group	Goldman Sachs
Category	National Muni	National Muni
Expense ratio	0.27%	0.18%
Assets	$7.2B	$638M
Average daily dollar volume	$97M	$19M
Listed	Oct 25, 2022	Jul 23, 2024
FrenzyCap score	82	76
1-month return	−0.2%	−0.2%
3-month return	−2.4%	−2.1%
Year to date	−3.6%	−3.2%
1-year return	−3.8%	−3.1%
30-day volatility	5.7%	5.5%
Worst drawdown, 1 year	−7.7%	−7.0%
Trailing 12-month yield	3.50%	3.48%
Holdings	2,637	906
Top 10 weight	5.7%	10.6%
Look-through P/E	—	—
Holdings vs fair value	—	—
Holdings above 200-day average	—	—
Net flow, latest 3 reported months	+$690M thru Jun 2026	+$78M thru May 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 · 14% of GMUB

Holding	CGMU	GMUB
PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.329, due Jul 15, 2040	0.57%	1.80%
SOUTHEAST ENERGY AUTHORITY A C SEEPWR 10/30 FIXED 5, due Oct 15, 2030	0.55%	0.34%
BLACK BELT ENERGY GAS DIST AL BBEUTL 04/36 FIXED 5.5, due Apr 15, 2036	0.72%	0.32%
BLACK BELT ENERGY GAS DIST AL BBEUTL 06/31 FIXED 5, due Jun 15, 2031	0.21%	0.19%
ALABAMA ST TOLL ROAD BRIDGE ATRTRN 10/32 FIXED 5, due Oct 15, 2032	0.28%	0.16%
CALIFORNIA CMNTY CHOICE FING A CCEDEV 06/36 FIXED 5, due Jun 15, 2036	0.37%	0.16%
MAIN STREET NATURAL GAS INC GA MAIUTL 08/52 ADJUSTABLE VAR, due Aug 15, 2052	0.26%	0.16%
BLACK BELT ENERGY GAS DIST AL BBEUTL 12/34 FIXED 5, due Dec 15, 2034	0.12%	0.40%
COLORADO ST HLTH FACS AUTH REV COSMED 12/34 FIXED 5, due Dec 15, 2034	0.12%	0.13%
ENERGY S E AL A COOPERATIVE DI ESDPWR 07/54 ADJUSTABLE VAR, due Jul 15, 2054	0.15%	0.08%
MAIN STREET NATURAL GAS INC GA MAIUTL 05/54 ADJUSTABLE VAR, due May 15, 2054	0.09%	0.08%
CHICAGO IL BRD OF EDU DEDICATE CHIEDU 04/46 FIXED OID 6, due Apr 15, 2046	0.08%	0.16%
MIAMI DADE CNTY FL AVIATION RE MIATRN 10/40 FIXED 5, due Oct 15, 2040	0.12%	0.08%
WHITING IN ENVRNMNTL FACS REVE WHGFAC 12/44 ADJUSTABLE VAR, due Dec 15, 2044	0.08%	0.08%
NEW YORK ST TRANSPRTN DEV CORP NYTTRN 10/40 FIXED 5, due Oct 15, 2040	0.08%	0.08%
LOUISIANA PUB FACS AUTH REVENU LASFAC 05/42 FIXED 5, due May 15, 2042	0.15%	0.08%
INDIANA ST FIN AUTH ECON DEV R INSGEN 02/39 ADJUSTABLE VAR, due Feb 15, 2039	0.07%	0.16%
PUERTO RICO SALES TAX FING COR PRCGEN 07/46 ZEROCPNOID 0, due Jul 15, 2046	0.15%	0.07%
CALIFORNIA ST CAS 12/28 FIXED 5, due Dec 15, 2028	0.07%	0.49%
PUERTO RICO CMWLTH AQUEDUCT PRCUTL 07/47 FIXED 5, due Jul 15, 2047	0.07%	0.23%
SAINT JOHN THE BAPTIST PARISH SJBCTF 06/37 ADJUSTABLE VAR, due Jun 15, 2037	0.07%	0.12%
DELAWARE ST ECON DEV AUTH REVE DESDEV 10/40 ADJUSTABLE VAR, due Oct 15, 2040	0.07%	0.07%
CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/55 ADJUSTABLE VAR, due Feb 15, 2055	0.07%	0.32%
ILLINOIS FIN AUTH SURFACE FREI ILSTRN 12/50 ADJUSTABLE VAR, due Dec 15, 2050	0.07%	0.15%
MIAMI DADE CNTY FL AVIATION RE MIATRN 10/37 FIXED 5, due Oct 15, 2037	0.06%	0.08%

Sector mix of the stock holdings

No sector breakdown: these funds hold few classified stocks.

More: full overlap table · CGMU holdings · GMUB 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.