ETF comparison
CGMU vs SUB
Both US Municipal Bond.
Capital Group Municipal Income ETF · iShares Short-Term National Muni Bond ETF
Holdings overlap
49 positions appear in both funds. Buying equal dollars of CGMU and SUB would leave roughly 1.6% 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
SUB is 20 bps cheaper than CGMU. On a $100,000 position that's about $200/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 SUB.
Top shared holdings
49 shared in total| # | Holding | In CGMU | In SUB | Overlap |
|---|---|---|---|---|
| 1 | East County Advanced Water Purification Joint Powers Authority | 0.16% | 0.18% | 0.16% |
| 2 | Virginia College Building Authority | 0.10% | 0.10% | 0.10% |
| 3 | City of New York NY | 0.09% | 0.15% | 0.09% |
| 4 | City of San Antonio TX Electric & Gas Systems Revenue | 0.14% | 0.09% | 0.09% |
| 5 | New York City Municipal Water Finance Authority | 0.09% | 0.08% | 0.08% |
| 6 | State of Washington | 0.08% | 0.11% | 0.08% |
| 7 | Dallas Independent School District | 0.07% | 0.09% | 0.07% |
| 8 | New York City Municipal Water Finance Authority | 0.44% | 0.07% | 0.07% |
| 9 | State of California | 0.09% | 0.06% | 0.06% |
| 10 | District of Columbia Income Tax Revenue | 0.06% | 0.12% | 0.06% |
| 11 | New Jersey Turnpike Authority | 0.05% | 0.07% | 0.05% |
| 12 | City of San Antonio TX Electric & Gas Systems Revenue | 0.05% | 0.05% | 0.05% |
Only in CGMU
2,286 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%
- Maryland Health & Higher Educational Facilities Authority 0.40%
- Black Belt Energy Gas District 0.38%
- Triborough Bridge & Tunnel Authority 0.36%
Only in SUB
2,867 total- New Jersey Economic Development Authority 0.37%
- County of King 0.35%
- San Antonio Water System 0.28%
- City of Seattle 0.27%
- State of California 0.27%
- Empire State Development Corp. 0.25%
- Pennsylvania Turnpike Commission 0.25%
- University of California 0.25%
- New Jersey Turnpike Authority 0.25%
- State of California 0.24%
Related comparisons
More comparisons with CGMU
- 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%
- CGMU vs JMST · JPMorgan Ultra-Short Municipal Income ETF 0.7%
- CGMU vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- CGMU vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
More comparisons with SUB
- SUB vs JMUB · JPMorgan Municipal ETF 1.3%
- SUB vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 0.5%
- SUB vs HYD · VanEck High Yield Muni ETF 0.5%
- SUB vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- SUB vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- SUB vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
Percentages are holdings overlap with the named fund.
Open CGMU or SUB 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.