CGSM vs SHM
Capital Group Short Duration Municipal Income ETF against State Street SPDR Nuveen ICE Short Term Municipal Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
6%
68 shared positions
Fee gap
5 bp
SHM is cheaper
1-year return gap
0.6 pts
CGSM is ahead
Larger fund
SHM
$3.5B
Side by side
| CGSM | SHM | |
|---|---|---|
| Fund | Capital Group Short Duration Municipal Income ETF | State Street SPDR Nuveen ICE Short Term Municipal Bond ETF |
| Issuer | Capital Group | State Street SPDR |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.25% | 0.20% |
| Assets | $1.7B | $3.5B |
| Average daily dollar volume | $14M | $29M |
| Listed | Sep 26, 2023 | Oct 10, 2007 |
| FrenzyCap score | 73 | 80 |
| 1-month return | −0.1% | −0.3% |
| 3-month return | −1.2% | −1.4% |
| Year to date | −1.3% | −2.0% |
| 1-year return | −1.6% | −2.2% |
| 30-day volatility | 3.4% | 3.4% |
| Worst drawdown, 1 year | −4.0% | −4.2% |
| Trailing 12-month yield | 2.95% | 2.73% |
| Holdings | 1,098 | 1,110 |
| Top 10 weight | 7.8% | 4.8% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$406M thru Jun 2026 | +$24M thru Jun 2026 |
| 30-day implied volatility | — | 14.0% |
| Holdings as of | as of Oct 19, 2026issuer data | as of Oct 19, 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
10% of CGSM · 8% of SHM| Holding | CGSM | SHM |
|---|---|---|
| SOUTHEAST ENERGY AUTHORITY A C SEEPWR 10/30 FIXED 5, due Oct 15, 2030 | 0.60% | 0.88% |
| KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 06/55 ADJUSTABLE VAR, due Jun 15, 2055 | 0.56% | 0.31% |
| CALIFORNIA ST CAS 08/31 FIXED 5, due Aug 15, 2031 | 0.27% | 0.34% |
| CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/54 ADJUSTABLE VAR, due Feb 15, 2054 | 0.25% | 0.21% |
| KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 08/52 ADJUSTABLE VAR, due Aug 15, 2052 | 0.24% | 0.20% |
| BLACK BELT ENERGY GAS DIST AL BBEUTL 06/31 FIXED 5, due Jun 15, 2031 | 0.54% | 0.19% |
| MAIN STREET NATURAL GAS INC GA MAIUTL 05/54 ADJUSTABLE VAR, due May 15, 2054 | 0.22% | 0.19% |
| FORT BEND TX INDEP SCH DIST FORSCD 08/54 ADJUSTABLE VAR, due Aug 15, 2054 | 0.20% | 0.19% |
| SAINT JOHN THE BAPTIST PARISH SJBCTF 06/37 ADJUSTABLE VAR, due Jun 15, 2037 | 0.39% | 0.16% |
| KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 05/55 ADJUSTABLE VAR, due May 15, 2055 | 0.18% | 0.16% |
| HARRIS CNTY TX CULTURAL EDU FA HAREDU 07/31 FIXED 5, due Jul 15, 2031 | 0.31% | 0.15% |
| GRAND PARKWAY TRANSPRTN CORP T GPTTRN 10/52 ADJUSTABLE VAR, due Oct 15, 2052 | 0.25% | 0.15% |
| UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/30 FIXED 5, due May 15, 2030 | 0.20% | 0.15% |
| LOS ANGELES CA DEPT OF WTR P LOSUTL 07/30 FIXED 5, due Jul 15, 2030 | 0.17% | 0.15% |
| CENTRL PLAINS ENERGY PROJ NE G CENPWR 05/53 ADJUSTABLE VAR, due May 15, 2053 | 0.15% | 0.15% |
| NEW YORK CITY NY HSG DEV CORP NYCHSG 11/65 ADJUSTABLE VAR, due Nov 15, 2065 | 0.15% | 0.29% |
| COLORADO ST HLTH FACS AUTH REV COSMED 11/30 FIXED 5, due Nov 15, 2030 | 0.47% | 0.14% |
| STHRN CA PUBLIC PWR AUTH REVEN STNPWR 04/55 ADJUSTABLE VAR, due Apr 15, 2055 | 0.12% | 0.15% |
| CALIFORNIA CMNTY CHOICE FING A CCEDEV 12/53 ADJUSTABLE VAR, due Dec 15, 2053 | 0.35% | 0.11% |
| MAIN STREET NATURAL GAS INC GA MAIUTL 07/52 ADJUSTABLE VAR, due Jul 15, 2052 | 0.09% | 0.20% |
| TEXAS ST TXS 10/28 FIXED 5, due Oct 15, 2028 | 0.09% | 0.22% |
| WASHINGTON ST HLTH CARE FACS A WASMED 10/30 FIXED 5, due Oct 15, 2030 | 0.40% | 0.08% |
| LOS ANGELES CNTY CA DEV AUTH M LOSDEV 09/59 ADJUSTABLE VAR, due Sep 15, 2059 | 0.17% | 0.08% |
| CALIFORNIA CMNTY CHOICE FING A CCEDEV 11/54 ADJUSTABLE VAR, due Nov 15, 2054 | 0.08% | 0.28% |
| HARRIS CNTY TX CULTURAL EDU FA HAREDU 12/29 FIXED 5, due Dec 15, 2029 | 0.07% | 0.25% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · CGSM holdings · SHM 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.