ETF comparison

CGMU vs JMUB

Both US Municipal Bond.

Capital Group Municipal Income ETF · JPMorgan Municipal ETF

Holdings overlap

Weighted by ISIN/CUSIP
5.9 %

136 positions appear in both funds. Buying equal dollars of CGMU and JMUB would leave roughly 5.9% of each dollar exposed to the same underlying securities.

CGMU only 94.9% Shared 5.9% JMUB only 95.1%
In CGMU only
1,990 positions
Shared
136 positions
In JMUB only
1,696 positions

Side by side

CGMU

Capital Group Municipal Income ETF

Capital Group · US Municipal Bond

86 composite / 100
Expense ratio
0.27%
Net assets
$6.31B
TTM yield
3.35%
Top-10 conc.
5.4%
JMUB

JPMorgan Municipal ETF

JPMorgan · US Municipal Bond

89 composite / 100
Expense ratio
0.18%
Net assets
$8.05B
TTM yield
3.61%
Top-10 conc.
14.9%

Sub-score comparison

73
Cost
82
93
Tax efficiency
93
91
Liquidity
96
100
Concentration
93
Tracking quality
CGMU sub-score JMUB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

JMUB is 9 bps cheaper than CGMU. On a $100,000 position that's about $90/yr more in fees for CGMU.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with CGMU vs JMUB.

Top shared holdings

136 shared in total
# Holding In CGMU In JMUB Overlap
1 Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.57% 0.24% 0.24%
2 Black Belt Energy Gas District 0.35% 0.23% 0.23%
3 California Community Choice Financing Authority 0.19% 0.56% 0.19%
4 City of Houston TX Airport System Revenue 0.21% 0.18% 0.18%
5 Black Belt Energy Gas District 0.16% 0.17% 0.16%
6 Black Belt Energy Gas District 0.14% 0.48% 0.14%
7 Lower Alabama Gas District/The 0.14% 0.35% 0.14%
8 Pennsylvania Housing Finance Agency 0.13% 0.21% 0.13%
9 Illinois Housing Development Authority 0.16% 0.13% 0.13%
10 Baldwin County Industrial Development Authority 0.10% 0.25% 0.10%
11 Black Belt Energy Gas District 0.15% 0.09% 0.09%
12 Texas Municipal Gas Acquisition & Supply Corp IV 0.09% 0.20% 0.09%

Only in CGMU

1,990 total
  • Commonwealth of Puerto Rico 0.67%
  • Triborough Bridge & Tunnel Authority 0.58%
  • University of California 0.56%
  • New York City Municipal Water Finance Authority 0.54%
  • County of Montgomery MD 0.53%
  • Harris County Cultural Education Facilities Finance Corp 0.51%
  • Connecticut State Health & Educational Facilities Authority 0.50%
  • Mississippi Business Finance Corp 0.49%
  • Black Belt Energy Gas District 0.47%
  • Industrial Development Authority of the City of Phoenix Arizona/The 0.41%

Only in JMUB

1,696 total
  • JPMorgan Institutional Tax Free Money Market Fund 9.81%
  • Buckeye Tobacco Settlement Financing Authority 0.62%
  • Connecticut State Health & Educational Facilities Authority 0.56%
  • County of Utah UT 0.49%
  • Long Island Power Authority 0.48%
  • Main Street Natural Gas, Inc. 0.45%
  • Illinois Finance Authority 0.41%
  • North Carolina Housing Finance Agency 0.40%
  • Dallas Fort Worth International Airport 0.38%
  • County of Campbell WY 0.37%

Open CGMU or JMUB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.