CGSM vs VTES
Capital Group Short Duration Municipal Income ETF against Vanguard Short-Term Tax-Exempt Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
4%
103 shared positions
Fee gap
20 bp
VTES is cheaper
1-year return gap
0.5 pts
CGSM is ahead
Larger fund
VTES
$2.0B
Side by side
| CGSM | VTES | |
|---|---|---|
| Fund | Capital Group Short Duration Municipal Income ETF | Vanguard Short-Term Tax-Exempt Bond ETF |
| Issuer | Capital Group | Vanguard |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.25% | 0.05% |
| Assets | $1.7B | $2.0B |
| Average daily dollar volume | $14M | $92M |
| Listed | Sep 26, 2023 | Mar 8, 2023 |
| FrenzyCap score | 73 | 96 |
| 1-month return | +0.1% | +0.4% |
| 3-month return | −0.8% | −0.7% |
| Year to date | −1.3% | −1.9% |
| 1-year return | −1.5% | −2.0% |
| 30-day volatility | 3.3% | 3.2% |
| Worst drawdown, 1 year | −4.0% | −4.5% |
| Trailing 12-month yield | 2.95% | 2.70% |
| Holdings | 1,106 | 4,001 |
| Top 10 weight | 7.8% | 3.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$406M thru Jun 2026 | +$246M thru May 2026 |
| 30-day implied volatility | — | 15.2% |
| 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
15% of CGSM · 5% of VTES| Holding | CGSM | VTES |
|---|---|---|
| DALLAS TX INDEP SCH DIST DALSCD 02/56 ADJUSTABLE VAR, due Feb 15, 2056 | 0.19% | 0.22% |
| UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/30 FIXED 5, due May 15, 2030 | 0.20% | 0.18% |
| CALIFORNIA ST CAS 08/31 FIXED 5, due Aug 15, 2031 | 0.27% | 0.15% |
| LOS ANGELES CA DEPT OF WTR P LOSUTL 07/28 FIXED 5, due Jul 15, 2028 | 0.41% | 0.14% |
| MASSACHUSETTS ST DEV FIN AGY R MASDEV 02/31 FIXED 5, due Feb 15, 2031 | 0.23% | 0.14% |
| LOS ANGELES CA LOS 06/27 FIXED 5, due Jun 15, 2027 | 0.12% | 0.13% |
| CALIFORNIA ST CAS 08/30 FIXED 5, due Aug 15, 2030 | 0.21% | 0.12% |
| ALABAMA ST TOLL ROAD BRIDGE ATRTRN 10/32 FIXED 5, due Oct 15, 2032 | 0.27% | 0.11% |
| GRAND PARKWAY TRANSPRTN CORP T GPTTRN 10/52 ADJUSTABLE VAR, due Oct 15, 2052 | 0.25% | 0.11% |
| CALIFORNIA ST CAS 08/31 FIXED 5, due Aug 15, 2031 | 0.13% | 0.10% |
| NEW YORK NY NYC 08/30 FIXED 5, due Aug 15, 2030 | 0.19% | 0.10% |
| TRIBOROUGH NY BRIDGE TUNNEL TRBTRN 02/29 FIXED 5, due Feb 15, 2029 | 0.19% | 0.10% |
| LOS ANGELES CA DEPT OF WTR P LOSUTL 07/30 FIXED 5, due Jul 15, 2030 | 0.17% | 0.10% |
| TEXAS ST TXS 10/29 FIXED 5, due Oct 15, 2029 | 0.14% | 0.09% |
| LOS ANGELES CA DEPT OF WTR P LOSUTL 01/30 FIXED 5, due Jan 15, 2030 | 0.09% | 0.14% |
| WASHINGTON ST WAS 07/30 FIXED 5, due Jul 15, 2030 | 0.12% | 0.08% |
| WASHINGTON DC CONVENTION SPO WCCFAC 10/28 FIXED 5, due Oct 15, 2028 | 0.08% | 0.15% |
| CALIFORNIA ST CAS 12/28 FIXED 5, due Dec 15, 2028 | 0.19% | 0.07% |
| CMWLTH FING AUTH PA TOBACCO MA CMNGEN 06/30 FIXED 5, due Jun 15, 2030 | 0.12% | 0.07% |
| CALIFORNIA ST UNIV REVENUE CASHGR 11/49 ADJUSTABLE VAR, due Nov 15, 2049 | 0.29% | 0.07% |
| MARYLAND ST MDS 08/29 FIXED 5, due Aug 15, 2029 | 0.21% | 0.07% |
| NEW YORK ST DORM AUTH ST PERSO NYSGEN 03/31 FIXED 5, due Mar 15, 2031 | 0.06% | 0.08% |
| NEW YORK ST DORM AUTH ST PERSO NYSGEN 03/28 FIXED 5, due Mar 15, 2028 | 0.07% | 0.06% |
| CALIFORNIA ST CAS 03/33 FIXED 5, due Mar 15, 2033 | 0.10% | 0.06% |
| NORTH CAROLINA ST NCS 06/27 FIXED 5, due Jun 15, 2027 | 0.06% | 0.05% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · CGSM holdings · VTES 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.