CGMU vs VTEB
Capital Group Municipal Income ETF against Vanguard Tax-Exempt Bond Index Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
4%
301 shared positions
Fee gap
24 bp
VTEB is cheaper
1-year return gap
1.0 pts
CGMU is ahead
Larger fund
VTEB
$50.4B
Side by side
| CGMU | VTEB | |
|---|---|---|
| Fund | Capital Group Municipal Income ETF | Vanguard Tax-Exempt Bond Index Fund |
| Issuer | Capital Group | Vanguard |
| Category | National Muni | National Muni |
| Expense ratio | 0.27% | 0.03% |
| Assets | $7.2B | $50.4B |
| Average daily dollar volume | $95M | $1.6B |
| Listed | Oct 25, 2022 | Aug 21, 2015 |
| FrenzyCap score | 82 | 100 |
| 1-month return | −0.4% | −0.6% |
| 3-month return | −3.0% | −3.7% |
| Year to date | −3.8% | −4.6% |
| 1-year return | −4.0% | −5.0% |
| 30-day volatility | 5.7% | 6.7% |
| Worst drawdown, 1 year | −7.7% | −8.2% |
| Trailing 12-month yield | 3.51% | 3.54% |
| Holdings | 2,629 | 11,156 |
| Top 10 weight | 5.9% | 1.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$690M thru Jun 2026 | +$3.6B thru Jul 2026 |
| 30-day implied volatility | — | 5.7% |
| Holdings as of | as of Oct 19, 2026issuer data | as of Sep 30, 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
14% of CGMU · 4% of VTEB| Holding | CGMU | VTEB |
|---|---|---|
| OHIO ST UNIV OHSHGR 06/35 FIXED 5, due Jun 15, 2035 | 0.10% | 0.12% |
| TRIBOROUGH NY BRIDGE TUNNEL TRBTRN 02/28 FIXED 5, due Feb 15, 2028 | 0.15% | 0.08% |
| IDAHO ST IDS 06/27 FIXED 4, due Jun 15, 2027 | 0.07% | 0.10% |
| DALLAS TX INDEP SCH DIST DALSCD 02/56 ADJUSTABLE VAR, due Feb 15, 2056 | 0.06% | 0.09% |
| NEW YORK CITY NY TRANSITIONAL NYCGEN 11/39 FIXED 5, due Nov 15, 2039 | 0.09% | 0.06% |
| ALABAMA ST TOLL ROAD BRIDGE ATRTRN 10/32 FIXED 5, due Oct 15, 2032 | 0.28% | 0.06% |
| CHICAGO IL BRD OF EDU DEDICATE CHIEDU 04/46 FIXED OID 6, due Apr 15, 2046 | 0.08% | 0.05% |
| CALIFORNIA ST CAS 08/46 FIXED 5, due Aug 15, 2046 | 0.06% | 0.05% |
| MARYLAND ST DEPT OF TRANSPRTN MDSTRN 11/28 FIXED 5, due Nov 15, 2028 | 0.07% | 0.05% |
| NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/34 FIXED 5, due Jun 15, 2034 | 0.10% | 0.05% |
| LOS ANGELES CA LOS 06/27 FIXED 5, due Jun 15, 2027 | 0.10% | 0.05% |
| MASSACHUSETTS ST DEV FIN AGY R MASDEV 05/55 ADJUSTABLE VAR, due May 15, 2055 | 0.06% | 0.05% |
| PHILADELPHIA PA SCH DIST PHISCD 06/27 FIXED 5, due Jun 15, 2027 | 0.26% | 0.05% |
| NORTH CAROLINA ST CAPITAL FACS NCSEDU 01/36 FIXED 5, due Jan 15, 2036 | 0.06% | 0.04% |
| UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/38 FIXED 5.25, due May 15, 2038 | 0.16% | 0.04% |
| NEW YORK CITY NY TRANSITIONAL NYCGEN 11/37 FIXED 5, due Nov 15, 2037 | 0.04% | 0.04% |
| UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/40 FIXED 5.25, due May 15, 2040 | 0.04% | 0.05% |
| SAN ANTONIO TX ELEC GAS REVE SANUTL 02/55 ADJUSTABLE VAR, due Feb 15, 2055 | 0.12% | 0.04% |
| N TX TOLLWAY AUTH REVENUE NRTTRN 01/33 FIXED 5, due Jan 15, 2033 | 0.04% | 0.04% |
| MASSACHUSETTS ST DEV FIN AGY R MASDEV 10/65 ADJUSTABLE VAR, due Oct 15, 2065 | 0.06% | 0.04% |
| NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/44 ADJUSTABLE VAR, due Jun 15, 2044 | 0.13% | 0.04% |
| UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/39 FIXED 5.25, due May 15, 2039 | 0.05% | 0.04% |
| NEW JERSEY ST NJS 06/29 FIXED 5, due Jun 15, 2029 | 0.04% | 0.06% |
| SAN ANTONIO TX ELEC GAS REVE SANUTL 02/56 ADJUSTABLE VAR, due Feb 15, 2056 | 0.06% | 0.03% |
| TRIBOROUGH NY BRIDGE TUNNEL TRBTRN 02/29 FIXED 5, due Feb 15, 2029 | 0.07% | 0.03% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · CGMU holdings · VTEB 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.