CGMU vs MUST
Capital Group Municipal Income ETF against Columbia Multi-Sector Municipal Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
54 shared positions
Fee gap
4 bp
MUST is cheaper
1-year return gap
2.1 pts
CGMU is ahead
Larger fund
CGMU
$7.2B
Side by side
| CGMU | MUST | |
|---|---|---|
| Fund | Capital Group Municipal Income ETF | Columbia Multi-Sector Municipal Income ETF |
| Issuer | Capital Group | Columbia |
| Category | National Muni | National Muni |
| Expense ratio | 0.27% | 0.23% |
| Assets | $7.2B | $515M |
| Average daily dollar volume | $97M | $6.9M |
| Listed | Oct 25, 2022 | Oct 10, 2018 |
| FrenzyCap score | 82 | 68 |
| 1-month return | −0.2% | +0.1% |
| 3-month return | −2.4% | −3.4% |
| Year to date | −3.6% | −5.3% |
| 1-year return | −3.8% | −5.9% |
| 30-day volatility | 5.7% | 9.2% |
| Worst drawdown, 1 year | −7.7% | −10.2% |
| Trailing 12-month yield | 3.50% | 3.53% |
| Holdings | 2,637 | 645 |
| Top 10 weight | 5.7% | 4.5% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$690M thru Jun 2026 | +$8.2M thru Jul 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of Jul 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 · 9% of MUST| Holding | CGMU | MUST |
|---|---|---|
| HOUSTON TX ARPT SYS REVENUE HOUAPT 07/31 FIXED 5, due Jul 15, 2031 | 0.15% | 0.27% |
| NEW YORK CITY NY HSG DEV CORP NYCHSG 11/65 ADJUSTABLE VAR, due Nov 15, 2065 | 0.12% | 0.13% |
| TEXAS WTR DEV BRD REVENUE TXSWTR 04/33 FIXED 5, due Apr 15, 2033 | 0.12% | 0.37% |
| COLORADO ST HLTH FACS AUTH REV COSMED 12/34 FIXED 5, due Dec 15, 2034 | 0.12% | 0.18% |
| CHICAGO IL BRD OF EDU CHIEDU 12/36 FIXED 4, due Dec 15, 2036 | 0.10% | 0.18% |
| NEW YORK ST TRANSPRTN DEV CORP NYTTRN 10/45 FIXED OID 4.375, due Oct 15, 2045 | 0.09% | 0.44% |
| NEW YORK ST TRANSPRTN DEV CORP NYTTRN 10/40 FIXED 5, due Oct 15, 2040 | 0.08% | 0.17% |
| HOUSTON TX ARPT SYS REVENUE HOUAPT 07/41 FIXED 4, due Jul 15, 2041 | 0.08% | 0.23% |
| BALDWIN CNTY AL INDL DEV AUTH BLWPOL 06/55 ADJUSTABLE VAR, due Jun 15, 2055 | 0.07% | 0.17% |
| MET PIER EXPOSITION AUTH IL MPNFAC 12/32 ZEROCPNOID 0, due Dec 15, 2032 | 0.07% | 0.11% |
| HOUSTON TX ARPT SYS REVENUE HOUAPT 07/37 FIXED 5.5, due Jul 15, 2037 | 0.07% | 0.09% |
| NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/40 FIXED 4, due Jun 15, 2040 | 0.06% | 0.08% |
| BLACK BELT ENERGY GAS DIST AL BBEUTL 12/35 FIXED 5, due Dec 15, 2035 | 0.06% | 0.35% |
| NEW JERSEY ST TURNPIKE AUTH TU NJSTRN 01/34 FIXED 5, due Jan 15, 2034 | 0.06% | 0.48% |
| NORTH CAROLINA ST CAPITAL FACS NCSEDU 01/36 FIXED 5, due Jan 15, 2036 | 0.06% | 0.19% |
| HOUSTON TX ARPT SYS REVENUE HOUAPT 07/36 FIXED 5.5, due Jul 15, 2036 | 0.06% | 0.27% |
| MET PIER EXPOSITION AUTH IL MPNFAC 06/42 FIXED 5, due Jun 15, 2042 | 0.06% | 0.17% |
| LUCAS CNTY OH HOSP REVENUE LUCMED 11/48 FIXED 5.25, due Nov 15, 2048 | 0.05% | 0.17% |
| CHICAGO IL BRD OF EDU CHIEDU 12/50 FIXED 6.25, due Dec 15, 2050 | 0.05% | 0.18% |
| HOUSTON TX ARPT SYS REVENUE HOUAPT 07/29 FIXED OID 5, due Jul 15, 2029 | 0.07% | 0.05% |
| CHICAGO IL BRD OF EDU CHIEDU 12/50 FIXED OID 5.75, due Dec 15, 2050 | 0.05% | 0.17% |
| NEW YORK ST TRANSPRTN DEV CORP NYTTRN 10/35 FIXED 5, due Oct 15, 2035 | 0.05% | 0.20% |
| NEW JERSEY ST TURNPIKE AUTH TU NJSTRN 01/31 FIXED 5, due Jan 15, 2031 | 0.04% | 0.36% |
| COLORADO ST HLTH FACS AUTH REV COSMED 08/44 FIXED 4, due Aug 15, 2044 | 0.04% | 0.18% |
| N TX TOLLWAY AUTH REVENUE NRTTRN 01/34 FIXED 5, due Jan 15, 2034 | 0.04% | 0.10% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · CGMU holdings · MUST 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.