CGMU vs MNBD
Capital Group Municipal Income ETF against ALPS BBH Intermediate Municipal Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
32 shared positions
Fee gap
17 bp
CGMU is cheaper
1-year return gap
0.1 pts
CGMU is ahead
Larger fund
CGMU
$7.6B
Side by side
| CGMU | MNBD | |
|---|---|---|
| Fund | Capital Group Municipal Income ETF | ALPS BBH Intermediate Municipal Bond ETF |
| Issuer | Capital Group | ALPS |
| Category | National Muni | National Muni |
| Expense ratio | 0.27% | 0.44% |
| Assets | $7.6B | $56M |
| Average daily dollar volume | $102M | $125K |
| Listed | Oct 25, 2022 | May 19, 2022 |
| FrenzyCap score | 82 | 30 |
| 1-month return | +3.9% | +3.8% |
| 3-month return | −0.6% | −0.7% |
| Year to date | −1.5% | −1.5% |
| 1-year return | −1.4% | −1.4% |
| 30-day volatility | 4.9% | 6.2% |
| Worst drawdown, 1 year | −7.7% | −7.5% |
| Trailing 12-month yield | 3.39% | 3.45% |
| Holdings | 2,937 | 198 |
| Top 10 weight | 5.6% | 14.3% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$690M thru Jun 2026 | +$1.9M thru Aug 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Nov 5, 2026issuer data | as of Aug 31, 2026SEC filing |
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
2% of CGMU · 18% of MNBD| Holding | CGMU | MNBD |
|---|---|---|
| SOUTHEAST ENERGY AUTHORITY A C SEEPWR 10/30 FIXED 5, due Oct 15, 2030 | 0.54% | 1.86% |
| CALIFORNIA CMNTY CHOICE FING A CCEDEV 06/36 FIXED 5, due Jun 15, 2036 | 0.37% | 0.47% |
| TEXAS ST MUNI GAS ACQUISITION TGAUTL 03/37 FIXED 5.25, due Mar 15, 2037 | 0.31% | 0.62% |
| SOUTHEAST ENERGY AUTHORITY A C SEEPWR 03/55 ADJUSTABLE VAR, due Mar 15, 2055 | 0.21% | 0.31% |
| SOUTHEAST ENERGY AUTHORITY A C SEEPWR 10/55 ADJUSTABLE VAR, due Oct 15, 2055 | 0.16% | 0.29% |
| SOUTHEAST ENERGY AUTHORITY A C SEEPWR 09/35 FIXED 5, due Sep 15, 2035 | 0.15% | 0.58% |
| CALIFORNIA CMNTY CHOICE FING A CCEDEV 07/35 FIXED 5, due Jul 15, 2035 | 0.08% | 0.38% |
| OHIO ST HSG FIN AGY RSDL MTGE OHSHSG 03/56 FIXED 6.5, due Mar 15, 2056 | 0.07% | 0.66% |
| NORTH CAROLINA HSG FIN AGY HOM NCSHSG 07/57 FIXED 6.25, due Jul 15, 2057 | 0.07% | 0.98% |
| FREDDIE MAC STRUCTURED PASS TH FMPGEN 10/40 ADJUSTABLE VAR, due Oct 15, 2040 | 0.06% | 0.26% |
| SAN ANTONIO TX ELEC GAS REVE SANUTL 02/55 ADJUSTABLE VAR, due Feb 15, 2055 | 0.05% | 0.75% |
| ILLINOIS ST HSG DEV AUTH REVEN ILSHSG 10/55 FIXED 6, due Oct 15, 2055 | 0.04% | 0.94% |
| NRTHRN CA ENERGY AUTH COMMODIT NCEPWR 12/54 ADJUSTABLE VAR, due Dec 15, 2054 | 0.04% | 0.55% |
| SAN ANTONIO TX ELEC GAS REVE SANUTL 02/55 ADJUSTABLE VAR, due Feb 15, 2055 | 0.04% | 0.43% |
| NEBRASKA ST INVESTMENT FIN AUT NESSFH 09/50 FIXED 3, due Sep 15, 2050 | 0.04% | 0.46% |
| MISSOURI ST HSG DEV COMMISSION MOSSFH 05/57 FIXED 5.75, due May 15, 2057 | 0.03% | 0.38% |
| MISSOURI ST HSG DEV COMMISSION MOSSFH 05/56 FIXED 6, due May 15, 2056 | 0.03% | 0.48% |
| LEE CNTY FL ARPT REVENUE LEEAPT 10/56 ADJUSTABLE VAR, due Oct 15, 2056 | 0.02% | 0.23% |
| DICKSON TN HLTH EDUCTNL FACS DICMFH 04/44 ADJUSTABLE VAR, due Apr 15, 2044 | 0.02% | 0.44% |
| SOUTH CAROLINA ST HSG FIN DE SCSHSG 01/54 FIXED 6, due Jan 15, 2054 | 0.02% | 1.48% |
| LANCASTER OH PORT AUTH GAS REV LANUTL 02/55 ADJUSTABLE VAR, due Feb 15, 2055 | 0.02% | 0.72% |
| NEW YORK ST HSG FIN AGY AFFORD NYSHSG 11/44 ADJUSTABLE VAR, due Nov 15, 2044 | 0.02% | 0.35% |
| SOUTH CAROLINA ST HSG FIN DE SCSHSG 01/54 FIXED 5.75, due Jan 15, 2054 | 0.01% | 0.24% |
| MISSOURI ST HSG DEV COMMISSION MOSSFH 05/55 FIXED 6, due May 15, 2055 | 0.01% | 0.27% |
| NEW YORK CITY NY TRANSITIONAL NYCGEN 05/40 FIXED 5, due May 15, 2040 | 0.01% | 0.21% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · CGMU holdings · MNBD 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.