ETF comparison

CGMUvsVTEB

Both US Municipal Bond.

Capital Group Municipal Income ETF · Vanguard Tax-Exempt Bond Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
3.4%

235 positions appear in both funds. Buying equal dollars of CGMU and VTEB would leave roughly3.4%of each dollar exposed to the same underlying securities.

CGMU only 97.1%Shared 3.4%VTEB only 95.1%
In CGMU only
2,100 positions
Shared
235 positions
In VTEB only
9,950 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%
VTEB

Vanguard Tax-Exempt Bond Index Fund ETF Shares

Vanguard · US Municipal Bond

97composite / 100
Expense ratio
0.030%
Net assets
$49.07B
TTM yield
3.53%
Top-10 conc.
2.0%

Sub-score comparison

73
Cost
97
93
Tax efficiency
93
92
Liquidity
100
100
Concentration
100
Tracking quality
CGMUsub-scoreVTEB

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

Cost difference

VTEB 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 thecost calculator pre-filled with CGMU vs VTEB.

Top shared holdings

235 shared in total
#HoldingIn CGMUIn VTEBOverlap
1Triborough Bridge & Tunnel Authority0.17%0.11%0.11%
2Ohio State University/The0.22%0.08%0.08%
3Dallas Independent School District0.07%0.09%0.07%
4Chicago Board of Education Dedicated Capital Improvement Tax0.09%0.06%0.06%
5New York City Transitional Finance Authority Future Tax Secured Revenue0.11%0.06%0.06%
6University of California0.06%0.12%0.06%
7State of Maryland Department of Transportation0.08%0.06%0.06%
8Texas Department of Transportation State Highway Fund0.06%0.05%0.05%
9New Jersey Transportation Trust Fund Authority0.12%0.05%0.05%
10New York City Transitional Finance Authority Future Tax Secured Revenue0.05%0.05%0.05%
11University of California0.05%0.05%0.05%
12City of San Antonio TX Electric & Gas Systems Revenue0.14%0.05%0.05%

Only in CGMU

2,100 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%
  • Maryland Health & Higher Educational Facilities Authority0.40%
  • Black Belt Energy Gas District0.38%

Only in VTEB

9,950 total
  • Colorado State Education Loan Program0.11%
  • State of California0.11%
  • New York City Transitional Finance Authority Future Tax Secured Revenue0.09%
  • Ohio Water Development Authority Water Pollution Control Loan Fund0.08%
  • New York State Dormitory Authority0.08%
  • New York State Dormitory Authority0.08%
  • New York City Transitional Finance Authority Future Tax Secured Revenue0.08%
  • Public Finance Authority0.08%
  • State of Illinois0.08%
  • New Hampshire Municipal Bond Bank0.08%

Open CGMU or VTEB 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.