ETF comparison

CGMU vs HYD

Both US Municipal Bond.

Capital Group Municipal Income ETF · VanEck High Yield Muni ETF

Holdings overlap

Weighted by ISIN/CUSIP
6.9 %

184 positions appear in both funds. Buying equal dollars of CGMU and HYD would leave roughly 6.9% of each dollar exposed to the same underlying securities.

CGMU only 93.9% Shared 6.9% HYD only 88.3%
In CGMU only
1,942 positions
Shared
184 positions
In HYD only
1,727 positions

Side by side

CGMU

Capital Group Municipal Income ETF

Capital Group · US Municipal Bond

86 composite / 100
Expense ratio
0.27%
Net assets
$6.31B
TTM yield
3.35%
Top-10 conc.
5.4%
HYD

VanEck High Yield Muni ETF

VanEck · US Municipal Bond

82 composite / 100
Expense ratio
0.32%
Net assets
$4.52B
TTM yield
4.32%
Top-10 conc.
6.6%

Sub-score comparison

73
Cost
68
93
Tax efficiency
93
91
Liquidity
85
100
Concentration
100
Tracking quality
CGMU sub-score HYD

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

CGMU is 5 bps cheaper than HYD. On a $100,000 position that's about $50/yr more in fees for HYD.

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 HYD.

Top shared holdings

184 shared in total
# Holding In CGMU In HYD Overlap
1 Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.57% 0.29% 0.29%
2 California Community Choice Financing Authority 0.19% 0.23% 0.19%
3 Florida Development Finance Corp 0.17% 0.54% 0.17%
4 Commonwealth of Puerto Rico 0.16% 0.21% 0.16%
5 Kentucky Public Energy Authority 0.15% 0.14% 0.14%
6 Mission Economic Development Corp 0.14% 0.35% 0.14%
7 Berks County Municipal Authority/The 0.12% 0.23% 0.12%
8 New York Energy Finance Development Corp 0.29% 0.12% 0.12%
9 Southeast Energy Authority A Cooperative District 0.33% 0.11% 0.11%
10 City of Houston TX Airport System Revenue 0.21% 0.10% 0.10%
11 Baldwin County Industrial Development Authority 0.10% 0.28% 0.10%
12 City of Houston TX Airport System Revenue 0.10% 0.49% 0.10%

Only in CGMU

1,942 total
  • Commonwealth of Puerto Rico 0.67%
  • Triborough Bridge & Tunnel Authority 0.58%
  • University of California 0.56%
  • New York City Municipal Water Finance Authority 0.54%
  • County of Montgomery MD 0.53%
  • Harris County Cultural Education Facilities Finance Corp 0.51%
  • Connecticut State Health & Educational Facilities Authority 0.50%
  • Mississippi Business Finance Corp 0.49%
  • Industrial Development Authority of the City of Phoenix Arizona/The 0.41%
  • Connecticut State Health & Educational Facilities Authority 0.40%

Only in HYD

1,727 total
  • Buckeye Tobacco Settlement Financing Authority 0.87%
  • Tobacco Settlement Financing Corp 0.71%
  • New York Transportation Development Corp 0.66%
  • Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.63%
  • Chicago Board of Education 0.57%
  • New York Transportation Development Corp 0.51%
  • Arkansas Development Finance Authority 0.48%
  • Florida Development Finance Corp 0.47%
  • Chicago Board of Education 0.44%
  • Public Finance Authority 0.44%

Open CGMU or HYD 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.