ETF comparison
CGMU vs MUNI
Both US Municipal Bond.
Capital Group Municipal Income ETF · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
Holdings overlap
84 positions appear in both funds. Buying equal dollars of CGMU and MUNI would leave roughly 6.0% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for 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 the cost calculator pre-filled with CGMU vs MUNI.
Top shared holdings
84 shared in total| # | Holding | In CGMU | In MUNI | Overlap |
|---|---|---|---|---|
| 1 | Black Belt Energy Gas District | 0.29% | 0.81% | 0.29% |
| 2 | Black Belt Energy Gas District | 0.38% | 0.27% | 0.27% |
| 3 | Black Belt Energy Gas District | 0.25% | 0.37% | 0.25% |
| 4 | New York Energy Finance Development Corp | 0.22% | 0.25% | 0.22% |
| 5 | New Hampshire Business Finance Authority | 0.19% | 0.28% | 0.19% |
| 6 | Southeast Energy Authority A Cooperative District | 0.17% | 0.39% | 0.17% |
| 7 | Energy Southeast A Cooperative District | 0.18% | 0.16% | 0.16% |
| 8 | Southeast Alabama Gas Supply District/The | 0.17% | 0.15% | 0.15% |
| 9 | Washington State Housing Finance Commission | 0.21% | 0.15% | 0.15% |
| 10 | Maryland Health & Higher Educational Facilities Authority | 0.40% | 0.15% | 0.15% |
| 11 | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | 0.14% | 0.29% | 0.14% |
| 12 | Freddie Mac Multifamily ML Certificates | 0.14% | 0.17% | 0.14% |
Only in CGMU
2,251 total- Commonwealth of Puerto Rico 0.82%
- Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.69%
- Black Belt Energy Gas District 0.53%
- City of New York NY 0.51%
- New York City Municipal Water Finance Authority 0.47%
- California Community Choice Financing Authority 0.45%
- County of Montgomery MD 0.44%
- New York City Municipal Water Finance Authority 0.44%
- Triborough Bridge & Tunnel Authority 0.36%
- Main Street Natural Gas Inc 0.34%
Only in MUNI
562 total- United States Treasury 2.20%
- United States Treasury 1.78%
- United States Treasury 1.16%
- United States Treasury 0.86%
- Connecticut State Health & Educational Facilities Authority 0.81%
- Texas Municipal Gas Acquisition & Supply Corp V 0.80%
- Fort Bend Independent School District 0.79%
- FHLMC Multifamily VRD Certificates 0.71%
- Michigan State Housing Development Authority 0.70%
- State of Washington 0.68%
Related comparisons
More comparisons with CGMU
- CGMU vs ITM · VanEck Intermediate Muni ETF 5.3%
- CGMU vs VTEB · Vanguard Tax-Exempt Bond Index Fund ETF Shares 3.4%
- CGMU vs SCMB · Schwab Municipal Bond ETF 2.6%
- CGMU vs MUB · iShares National Muni Bond ETF 2.5%
- CGMU vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 2.1%
- CGMU vs SUB · iShares Short-Term National Muni Bond ETF 1.6%
More comparisons with MUNI
- MUNI vs JMUB · JPMorgan Municipal ETF 5.0%
- MUNI vs ITM · VanEck Intermediate Muni ETF 4.5%
- MUNI vs HYD · VanEck High Yield Muni ETF 3.5%
- MUNI vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 1.7%
- MUNI vs VTEB · Vanguard Tax-Exempt Bond Index Fund ETF Shares 1.4%
- MUNI vs MUB · iShares National Muni Bond ETF 1.3%
Percentages are holdings overlap with the named fund.
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 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.