ETF comparison
CGMU vs SCMB
Both US Municipal Bond.
Capital Group Municipal Income ETF · Schwab Municipal Bond ETF
Holdings overlap
182 positions appear in both funds. Buying equal dollars of CGMU and SCMB would leave roughly 2.6% 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
SCMB is 24 bps cheaper than CGMU. On a $100,000 position that's about $240/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 SCMB.
Top shared holdings
182 shared in total| # | Holding | In CGMU | In SCMB | Overlap |
|---|---|---|---|---|
| 1 | State of California | 0.10% | 0.09% | 0.09% |
| 2 | New Jersey Transportation Trust Fund Authority | 0.12% | 0.07% | 0.07% |
| 3 | Ohio State University/The | 0.22% | 0.07% | 0.07% |
| 4 | Los Angeles Department of Water & Power | 0.14% | 0.06% | 0.06% |
| 5 | City of New York NY | 0.07% | 0.06% | 0.06% |
| 6 | Chicago Board of Education Dedicated Capital Improvement Tax | 0.09% | 0.05% | 0.05% |
| 7 | Empire State Development Corp | 0.07% | 0.05% | 0.05% |
| 8 | New York City Transitional Finance Authority Future Tax Secured Revenue | 0.05% | 0.05% | 0.05% |
| 9 | State of Illinois | 0.09% | 0.05% | 0.05% |
| 10 | City of New York NY | 0.06% | 0.04% | 0.04% |
| 11 | State of New Jersey | 0.04% | 0.05% | 0.04% |
| 12 | Los Angeles Department of Water & Power | 0.08% | 0.04% | 0.04% |
Only in CGMU
2,153 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%
- Maryland Health & Higher Educational Facilities Authority 0.40%
- Black Belt Energy Gas District 0.38%
Only in SCMB
6,663 total- Commonwealth of Massachusetts 0.22%
- Gwinnett County School District 0.22%
- Commonwealth of Pennsylvania 0.21%
- City of New York NY 0.20%
- State of California Department of Water Resources 0.19%
- State of Washington 0.17%
- State of California 0.17%
- New York City Municipal Water Finance Authority 0.17%
- Northwest Independent School District 0.16%
- Commonwealth of Massachusetts 0.16%
Related comparisons
More comparisons with CGMU
- 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%
- CGMU vs PZA · Invesco National AMT-Free Municipal Bond ETF 1.4%
- CGMU vs NYF · iShares New York Muni Bond ETF 1.1%
- CGMU vs CMF · iShares California Muni Bond ETF 1.0%
More comparisons with SCMB
- SCMB vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 2.1%
- SCMB vs HYD · VanEck High Yield Muni ETF 1.1%
- SCMB vs JMST · JPMorgan Ultra-Short Municipal Income ETF 1.1%
- SCMB vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 1.1%
- SCMB vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- SCMB vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
Percentages are holdings overlap with the named fund.
Open CGMU or SCMB 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.