ETF comparison

CGMUvsMUNI

Both US Municipal Bond.

Capital Group Municipal Income ETF · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

Holdings overlap

Weighted by ISIN/CUSIP
6.0%

84 positions appear in both funds. Buying equal dollars of CGMU and MUNI would leave roughly6.0%of each dollar exposed to the same underlying securities.

CGMU only 94.5%Shared 6.0%MUNI only 92.7%
In CGMU only
2,251 positions
Shared
84 positions
In MUNI only
563 positions

Side by side

CGMU

Capital Group Municipal Income ETF

Capital Group · US Municipal Bond

86composite / 100
Expense ratio
0.27%
Net assets
$6.66B
TTM yield
3.47%
Top-10 conc.
5.1%
MUNI

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

PIMCO · US Municipal Bond

79composite / 100
Expense ratio
0.35%
Net assets
$3.15B
TTM yield
3.40%
Top-10 conc.
10.7%

Sub-score comparison

73
Cost
65
93
Tax efficiency
93
92
Liquidity
78
100
Concentration
99
Tracking quality
CGMUsub-scoreMUNI

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

CGMU is 8 bps cheaper than MUNI. On a $100,000 position that's about $80/yr more in fees for MUNI.

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

Top shared holdings

84 shared in total
#HoldingIn CGMUIn MUNIOverlap
1Black Belt Energy Gas District0.29%0.81%0.29%
2Black Belt Energy Gas District0.38%0.27%0.27%
3Black Belt Energy Gas District0.25%0.37%0.25%
4New York Energy Finance Development Corp0.22%0.25%0.22%
5New Hampshire Business Finance Authority0.19%0.28%0.19%
6Southeast Energy Authority A Cooperative District0.17%0.39%0.17%
7Energy Southeast A Cooperative District0.18%0.16%0.16%
8Southeast Alabama Gas Supply District/The0.17%0.15%0.15%
9Washington State Housing Finance Commission0.21%0.15%0.15%
10Maryland Health & Higher Educational Facilities Authority0.40%0.15%0.15%
11Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd0.14%0.29%0.14%
12Freddie Mac Multifamily ML Certificates0.14%0.17%0.14%

Only in CGMU

2,251 total
  • Commonwealth of Puerto Rico0.82%
  • Puerto Rico Sales Tax Financing Corp Sales Tax Revenue0.69%
  • Black Belt Energy Gas District0.53%
  • City of New York NY0.51%
  • New York City Municipal Water Finance Authority0.47%
  • California Community Choice Financing Authority0.45%
  • County of Montgomery MD0.44%
  • New York City Municipal Water Finance Authority0.44%
  • Triborough Bridge & Tunnel Authority0.36%
  • Main Street Natural Gas Inc0.34%

Only in MUNI

563 total
  • United States Treasury2.20%
  • United States Treasury1.78%
  • United States Treasury1.16%
  • United States Treasury0.86%
  • Connecticut State Health & Educational Facilities Authority0.81%
  • Texas Municipal Gas Acquisition & Supply Corp V0.80%
  • Fort Bend Independent School District0.79%
  • FHLMC Multifamily VRD Certificates0.71%
  • Michigan State Housing Development Authority0.70%
  • State of Washington0.68%

Open CGMU or MUNI 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 methodologyand 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.