ETF comparison
CGMU vs MUNI
Both US Municipal Bond.
Capital Group Municipal Income ETF · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
Holdings overlap
74 positions appear in both funds. Buying equal dollars of CGMU and MUNI would leave roughly 5.6% of each dollar exposed to the same underlying securities.
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
74 shared in total| # | Holding | In CGMU | In MUNI | Overlap |
|---|---|---|---|---|
| 1 | Southeast Energy Authority A Cooperative District | 0.26% | 0.52% | 0.26% |
| 2 | New York Energy Finance Development Corp | 0.29% | 0.24% | 0.24% |
| 3 | Black Belt Energy Gas District | 0.35% | 0.22% | 0.22% |
| 4 | New Hampshire Business Finance Authority | 0.21% | 0.31% | 0.21% |
| 5 | Black Belt Energy Gas District | 0.19% | 0.45% | 0.19% |
| 6 | Energy Southeast A Cooperative District | 0.20% | 0.18% | 0.18% |
| 7 | Southeast Alabama Gas Supply District/The | 0.19% | 0.17% | 0.17% |
| 8 | Washington State Housing Finance Commission | 0.24% | 0.16% | 0.16% |
| 9 | City of San Antonio TX Electric & Gas Systems Revenue | 0.16% | 0.42% | 0.16% |
| 10 | Kentucky Public Energy Authority | 0.15% | 0.89% | 0.15% |
| 11 | Black Belt Energy Gas District | 0.15% | 0.18% | 0.15% |
| 12 | Board of Regents of the University of Texas System | 0.36% | 0.14% | 0.14% |
Only in CGMU
2,052 total- Commonwealth of Puerto Rico 0.67%
- Triborough Bridge & Tunnel Authority 0.58%
- Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.57%
- 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%
- Black Belt Energy Gas District 0.47%
Only in MUNI
506 total- UNITED STATES GOVT 2.47%
- UNITED STATES GOVT 2.00%
- FEDERAL HOME LOAN BANK (FHLB) 1.90%
- FEDERAL HOME LOAN BANK (FHLB) 1.60%
- UNITED STATES GOVT 1.31%
- FEDERAL HOME LOAN BANK (FHLB) 0.99%
- UNITED STATES GOVT 0.98%
- UNITED STATES GOVT 0.97%
- FORT BEND INDEPENDENT SCHOOL DISTRICT 0.88%
- MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY 0.79%
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.