CGSM was created on 2023-09-26 by Capital Group . The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 708.96m in AUM and 587 holdings. CGSM actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year.
SUB was created on 2008-11-05 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 9909.54m in AUM and 2571 holdings. SUB tracks a market-value-weighted index of investment-grade debt issued by state and local governments and agencies with remaining maturities from one month to five years.
Key Details
Sep 26, 2023
Nov 05, 2008
Fixed Income
Fixed Income
Investment Grade
Investment Grade
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.
SeekingAlpha
This is a brief overview of Cumberland Advisorsâ thoughts on financial markets as we head into the second half of 2025. Read more here.
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Q2 2025 Credit Commentary: Up In The Air
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The end of the second quarter of 2025 saw slight rises in the 10-year Treasury yield but slight lowering of yields in the 10-year AAA muni yield.
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Municipal bonds are currently offering attractive tax-adjusted yields that are backed by strong fundamentals.
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The municipal bond market faced strong headwinds in H1 2025, with tariff and budget policies, including debate over the One Big Beautiful Bill Act, weighing heavily on investor sentiment.
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Top Reasons To Consider Municipal Bonds
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
FLJH | -25.81% | $86.56M | 0.09% | |
DBJP | -24.33% | $371.38M | 0.45% | |
USDU | -24.23% | $130.22M | 0.5% | |
DXJ | -23.71% | $3.48B | 0.48% | |
UUP | -22.65% | $187.70M | 0.77% | |
HEWJ | -22.62% | $353.55M | 0.5% | |
XME | -19.89% | $2.12B | 0.35% | |
PSCE | -19.48% | $63.31M | 0.29% | |
PXJ | -18.75% | $27.11M | 0.66% | |
KBWB | -18.26% | $4.85B | 0.35% | |
JETS | -17.72% | $962.89M | 0.6% | |
IEZ | -17.58% | $116.98M | 0.4% | |
XES | -17.33% | $162.91M | 0.35% | |
IAT | -17.31% | $616.54M | 0.4% | |
OIH | -17.18% | $1.05B | 0.35% | |
KRE | -16.24% | $3.55B | 0.35% | |
FTXL | -15.35% | $298.35M | 0.6% | |
CRPT | -15.30% | $153.04M | 0.85% | |
KBE | -15.06% | $1.57B | 0.35% | |
YBTC | -15.04% | $240.94M | 0.96% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
FCNCA | -30.57% | $28.61B | +21.24% | 0.35% |
DFDV | -29.77% | $361.15M | +2,667.20% | 0.00% |
SANM | -29.05% | $5.61B | +46.70% | 0.00% |
JPM | -28.50% | $802.32B | +37.44% | 1.83% |
PRK | -25.38% | $2.85B | +9.31% | 2.43% |
WBS | -24.33% | $10.03B | +24.56% | 2.69% |
BFH | -24.20% | $2.89B | +26.15% | 1.36% |
SYF | -23.80% | $26.98B | +39.75% | 1.49% |
SNV | -23.28% | $7.60B | +24.61% | 2.83% |
BTU | -23.27% | $1.82B | -36.41% | 2.04% |
AMP | -23.03% | $51.32B | +20.90% | 1.13% |
KRNT | -22.91% | $923.55M | +28.39% | 0.00% |
CAMT | -22.87% | $4.01B | -33.06% | 0.00% |
BANF | -21.98% | $4.35B | +38.94% | 1.41% |
STTK | -21.57% | $39.28M | -82.14% | 0.00% |
EQH | -21.54% | $16.23B | +24.47% | 1.86% |
MMYT | -21.34% | $8.65B | -0.31% | 0.00% |
JXN | -21.30% | $6.29B | +8.66% | 3.43% |
SLM | -21.29% | $7.04B | +46.53% | 1.50% |
CADE | -21.07% | $6.49B | +15.14% | 2.96% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
LBRDK | -<0.01% | $12.96B | +70.90% | 0.00% |
EGHT | -<0.01% | $262.08M | -22.71% | 0.00% |
LAD | -<0.01% | $9.17B | +32.66% | 0.60% |
MEI | 0.01% | $236.59M | -50.77% | 6.32% |
SLB | 0.01% | $49.26B | -24.48% | 3.12% |
SG | -0.01% | $1.60B | -47.95% | 0.00% |
ANGI | -0.03% | $770.67M | -19.70% | 0.00% |
PHAT | 0.03% | $632.52M | -28.49% | 0.00% |
BAX | 0.04% | $14.64B | -16.01% | 2.78% |
TKR | 0.04% | $5.41B | -8.47% | 1.77% |
AGO | -0.05% | $4.13B | +3.66% | 1.55% |
BARK | 0.05% | $150.79M | -49.11% | 0.00% |
PUBM | 0.06% | $622.20M | -39.47% | 0.00% |
NOK | 0.06% | $26.31B | +24.49% | 2.90% |
CPSH | 0.06% | $36.61M | +48.24% | 0.00% |
RXO | 0.06% | $2.72B | -43.59% | 0.00% |
BILL | 0.07% | $4.77B | -14.69% | 0.00% |
COIN | 0.07% | $100.36B | +62.24% | 0.00% |
CSW | -0.08% | $5.11B | +5.60% | 0.31% |
SAVA | -0.08% | $104.35M | -82.48% | 0.00% |
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
ICLO | -38.06% | $332.81M | 0.19% | |
THTA | -26.86% | $34.98M | 0.61% | |
USDU | -25.35% | $130.22M | 0.5% | |
CLOI | -24.39% | $1.06B | 0.4% | |
UUP | -22.26% | $187.70M | 0.77% | |
FLJH | -20.71% | $86.56M | 0.09% | |
FLTR | -20.53% | $2.44B | 0.14% | |
LONZ | -19.64% | $701.76M | 0.63% | |
DBJP | -19.31% | $371.38M | 0.45% | |
DXJ | -18.86% | $3.48B | 0.48% | |
FLRN | -18.50% | $2.77B | 0.15% | |
HEWJ | -18.46% | $353.55M | 0.5% | |
FTSL | -18.36% | $2.40B | 0.87% | |
FLOT | -14.57% | $8.96B | 0.15% | |
CLSE | -10.80% | $183.85M | 1.44% | |
KBWB | -10.58% | $4.85B | 0.35% | |
XME | -10.13% | $2.12B | 0.35% | |
PXJ | -9.57% | $27.11M | 0.66% | |
PSCE | -9.08% | $63.31M | 0.29% | |
XES | -8.56% | $162.91M | 0.35% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
AMT | 38.56% | $103.82B | +6.20% | 3.01% |
PSA | 36.23% | $50.63B | -4.44% | 4.15% |
SBAC | 33.52% | $24.97B | +10.50% | 1.81% |
CCI | 31.82% | $44.96B | +0.12% | 5.58% |
TU | 31.65% | $24.99B | +5.67% | 7.03% |
CUBE | 31.59% | $9.61B | -11.13% | 4.91% |
AEP | 30.22% | $56.10B | +15.48% | 3.51% |
OHI | 30.13% | $11.10B | +9.67% | 6.99% |
NNN | 29.77% | $8.29B | -2.28% | 5.25% |
FTS | 29.57% | $23.68B | +19.49% | 3.68% |
EXR | 29.42% | $31.93B | -7.36% | 4.30% |
AWK | 29.39% | $27.95B | +5.15% | 2.18% |
CWEN | 29.22% | $3.80B | +30.04% | 5.28% |
CWEN.A | 29.11% | $3.57B | +32.53% | 5.62% |
NEE | 27.96% | $154.48B | +5.73% | 2.88% |
ES | 27.95% | $24.02B | +10.33% | 4.49% |
ED | 27.90% | $36.39B | +11.91% | 3.34% |
O | 27.64% | $53.01B | +4.86% | 5.47% |
GTY | 27.56% | $1.55B | -4.81% | 6.67% |
ELS | 27.50% | $11.84B | -7.68% | 3.20% |
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
BUZZ | 0.01% | $77.45M | 0.76% | |
UJUN | 0.01% | $141.09M | 0.79% | |
SNSR | -0.02% | $227.30M | 0.68% | |
ISPY | -0.02% | $884.27M | 0.55% | |
QQQH | 0.03% | $324.03M | 0.68% | |
BUFD | -0.04% | $1.35B | 0.95% | |
IPAY | -0.05% | $285.76M | 0.75% | |
NANC | -0.06% | $227.25M | 0.74% | |
IAI | -0.07% | $1.44B | 0.4% | |
XTN | -0.07% | $174.35M | 0.35% | |
OEF | 0.08% | $20.84B | 0.2% | |
QQQ | -0.11% | $351.84B | 0.2% | |
DFAT | 0.13% | $11.12B | 0.28% | |
QYLD | -0.13% | $8.40B | 0.61% | |
RPV | -0.14% | $1.33B | 0.35% | |
QQQM | 0.15% | $53.97B | 0.15% | |
IWMY | 0.16% | $120.43M | 1.02% | |
TECB | -0.16% | $437.58M | 0.3% | |
EPS | 0.16% | $1.16B | 0.08% | |
ARKQ | -0.18% | $1.14B | 0.75% |
CGSM - Capital Group Short Duration Municipal Income ETF and SUB - iShares Short Term National Muni Bond ETF have a 1 holding overlap. Which accounts for a 2.1% overlap.
Number of overlapping holdings
1
% of overlapping holdings
2.07%
Name | Weight in CGSM | Weight in SUB |
---|---|---|
3 3BTYMD5CALIFORNIA ST V | 0.45% | 0.07% |
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
FMB | 83.23% | $1.89B | 0.65% | |
CMF | 82.56% | $3.50B | 0.08% | |
PZA | 82.45% | $2.83B | 0.28% | |
ITM | 82.23% | $1.86B | 0.18% | |
TFI | 81.83% | $3.19B | 0.23% | |
VTEB | 81.51% | $37.75B | 0.03% | |
NYF | 80.99% | $884.05M | 0.25% | |
IBMR | 80.90% | $258.31M | 0.18% | |
MMIT | 80.79% | $1.03B | 0.3% | |
SHM | 79.45% | $3.41B | 0.2% | |
HYMB | 79.40% | $2.62B | 0.35% | |
HYD | 79.08% | $3.30B | 0.32% | |
MUB | 78.53% | $38.55B | 0.05% | |
DFNM | 77.33% | $1.58B | 0.17% | |
MLN | 77.01% | $509.07M | 0.24% | |
JMUB | 75.49% | $3.09B | 0.18% | |
CGSM | 75.04% | $725.00M | 0.25% | |
IBMS | 74.94% | $89.65M | 0.18% | |
CGMU | 74.82% | $3.39B | 0.27% | |
MUNI | 74.70% | $2.02B | 0.35% |
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
CGBL | 0.01% | $2.61B | 0.33% | |
AMLP | 0.02% | $10.51B | 0.85% | |
RING | 0.03% | $1.45B | 0.39% | |
BBCA | -0.08% | $8.37B | 0.19% | |
EJAN | 0.10% | $108.64M | 0.89% | |
ICVT | 0.11% | $2.71B | 0.2% | |
GCC | 0.14% | $142.22M | 0.55% | |
DSTL | -0.16% | $1.80B | 0.39% | |
FLQM | -0.16% | $1.67B | 0.3% | |
EWC | -0.23% | $3.08B | 0.5% | |
GDXJ | -0.24% | $5.58B | 0.51% | |
SOYB | -0.24% | $25.73M | 0.22% | |
ILF | 0.29% | $1.71B | 0.48% | |
CEFS | -0.30% | $297.35M | 4.29% | |
FDVV | 0.31% | $5.90B | 0.16% | |
HFXI | 0.34% | $1.03B | 0.2% | |
SMMV | -0.35% | $319.47M | 0.2% | |
CANE | 0.38% | $11.33M | 0.29% | |
DTD | -0.42% | $1.39B | 0.28% | |
USMF | -0.48% | $401.28M | 0.28% |
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
TFI | 82.32% | $3.19B | 0.23% | |
FMB | 81.67% | $1.89B | 0.65% | |
NYF | 80.41% | $884.05M | 0.25% | |
VTEB | 79.05% | $37.75B | 0.03% | |
ITM | 78.77% | $1.86B | 0.18% | |
MLN | 78.18% | $509.07M | 0.24% | |
DFNM | 77.58% | $1.58B | 0.17% | |
IBMS | 77.53% | $89.65M | 0.18% | |
PZA | 76.65% | $2.83B | 0.28% | |
CGMU | 76.62% | $3.39B | 0.27% | |
JMUB | 76.41% | $3.09B | 0.18% | |
SHM | 76.32% | $3.41B | 0.2% | |
MMIT | 75.48% | $1.03B | 0.3% | |
SUB | 75.04% | $9.99B | 0.07% | |
FMHI | 75.03% | $748.03M | 0.7% | |
TAXF | 75.03% | $477.55M | 0.29% | |
MUB | 74.50% | $38.55B | 0.05% | |
CMF | 73.82% | $3.50B | 0.08% | |
BSMW | 73.45% | $107.44M | 0.18% | |
HYMB | 73.33% | $2.62B | 0.35% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
DFDV | -56.55% | $361.15M | +2,667.20% | 0.00% |
STTK | -35.00% | $39.28M | -82.14% | 0.00% |
SANM | -20.48% | $5.61B | +46.70% | 0.00% |
SMHI | -19.42% | $146.35M | -62.57% | 0.00% |
JPM | -19.37% | $802.32B | +37.44% | 1.83% |
MVO | -19.23% | $69.92M | -35.18% | 21.79% |
FCNCA | -19.18% | $28.61B | +21.24% | 0.35% |
LPLA | -18.50% | $29.63B | +40.36% | 0.32% |
LPG | -18.28% | $1.21B | -20.79% | 0.00% |
BFH | -18.27% | $2.89B | +26.15% | 1.36% |
RYTM | -17.90% | $5.86B | +71.77% | 0.00% |
MMYT | -17.03% | $8.65B | -0.31% | 0.00% |
KOS | -16.97% | $979.92M | -64.29% | 0.00% |
AGL | -16.83% | $931.39M | -65.60% | 0.00% |
LRN | -16.76% | $5.88B | +92.28% | 0.00% |
GEO | -16.26% | $3.72B | +50.89% | 0.00% |
BKR | -16.19% | $39.50B | +11.65% | 2.21% |
WFC | -16.14% | $271.50B | +44.52% | 1.99% |
MFG | -16.12% | $68.89B | +26.79% | 3.46% |
ANET | -15.92% | $136.10B | +20.27% | 0.00% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
PSA | 36.12% | $50.63B | -4.44% | 4.15% |
NNN | 36.08% | $8.29B | -2.28% | 5.25% |
CUBE | 34.97% | $9.61B | -11.13% | 4.91% |
EXR | 33.84% | $31.93B | -7.36% | 4.30% |
TU | 33.75% | $24.99B | +5.67% | 7.03% |
SAFE | 33.60% | $1.11B | -28.27% | 4.53% |
O | 33.43% | $53.01B | +4.86% | 5.47% |
PFSI | 33.37% | $5.21B | +0.16% | 1.19% |
AMT | 32.58% | $103.82B | +6.20% | 3.01% |
FCPT | 30.50% | $2.71B | +3.58% | 5.24% |
PINE | 30.42% | $210.43M | -9.34% | 7.70% |
HD | 30.35% | $368.23B | +3.25% | 2.46% |
GLPI | 30.31% | $13.21B | -2.34% | 6.36% |
FAF | 30.08% | $5.80B | -0.79% | 3.83% |
GTY | 29.79% | $1.55B | -4.81% | 6.67% |
ELS | 29.50% | $11.84B | -7.68% | 3.20% |
VICI | 29.39% | $35.51B | +10.93% | 5.15% |
NGG | 29.25% | $69.72B | +16.95% | 4.34% |
ES | 29.20% | $24.02B | +10.33% | 4.49% |
RKT | 29.00% | $2.11B | +1.25% | 0.00% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
DKS | -0.01% | $16.72B | -3.09% | 2.20% |
INSM | -0.02% | $19.35B | +31.52% | 0.00% |
APOG | 0.03% | $937.18M | -30.22% | 1.76% |
FORR | -0.03% | $188.34M | -44.18% | 0.00% |
THRM | -0.03% | $931.04M | -41.46% | 0.00% |
MLNK | 0.03% | $1.26B | -26.08% | 0.00% |
ILMN | 0.04% | $15.60B | -15.47% | 0.00% |
SOLV | 0.04% | $12.82B | +53.61% | 0.00% |
PRO | -0.05% | $740.76M | -38.40% | 0.00% |
IART | -0.05% | $948.87M | -59.08% | 0.00% |
PANW | 0.07% | $127.17B | +11.89% | 0.00% |
GDYN | -0.07% | $884.37M | -7.43% | 0.00% |
L | -0.08% | $19.21B | +18.35% | 0.27% |
AYI | 0.08% | $9.04B | +17.99% | 0.22% |
SEG | -0.09% | $275.85M | -15.62% | 0.00% |
MOS | -0.10% | $11.44B | +24.96% | 2.38% |
SEIC | 0.10% | $11.55B | +36.30% | 1.06% |
SOUN | 0.10% | $4.60B | +103.37% | 0.00% |
AMRX | 0.11% | $2.64B | +14.09% | 0.00% |
DSGX | 0.11% | $8.80B | -0.43% | 0.00% |
Capital Group Short Duration Municipal Income ETF - CGSM is made up of 365 holdings. iShares Short Term National Muni Bond ETF - SUB is made up of 2357 holdings.
Name | Weight |
---|---|
- | 1.52% |
- | 0.83% |
- | 0.79% |
- | 0.77% |
3 3BWBVL8NT PUERTO RICO CMWLTH PRC 11/43 ADJUSTABLE VAR | 0.74% |
- | 0.70% |
- | 0.69% |
- | 0.68% |
- | 0.67% |
- | 0.62% |
- | 0.59% |
- | 0.57% |
- | 0.57% |
- | 0.57% |
- | 0.56% |
3 3BDCRW8NT TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/26 FIXED OID 6.25 | 0.54% |
- | 0.52% |
- | 0.51% |
- | 0.50% |
- | 0.49% |
- | 0.49% |
- | 0.48% |
3 3BYZJP9NT MISSOURI ST HSG DEV COMMISSION MOSSFH 05/55 FIXED 6 | 0.47% |
- | 0.45% |
- | 0.45% |
- | 0.45% |
- | 0.45% |
3 3BTYMD5NT CALIFORNIA ST CAS 12/28 FIXED 5 | 0.45% |
- | 0.44% |
- | 0.43% |
Name | Weight |
---|---|
- | 0.42% |
- | 0.33% |
- | 0.33% |
- | 0.31% |
- | 0.30% |
- | 0.30% |
- | 0.29% |
- | 0.28% |
- | 0.28% |
- | 0.28% |
- | 0.28% |
- | 0.28% |
- | 0.26% |
- | 0.26% |
- | 0.26% |
- | 0.26% |
- | 0.24% |
- | 0.24% |
- | 0.24% |
- | 0.24% |
- | 0.23% |
- | 0.23% |
- | 0.23% |
- | 0.22% |
- | 0.22% |
- | 0.21% |
- | 0.21% |
- | 0.21% |
- | 0.21% |
- | 0.21% |