Capital Group Municipal High-Income ETF (CGHM) belongs to the High Yield Muni category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CGHM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CGHM
CGHM charges 0.34% annually. There is 1 ETF in the High Yield Muni category with a lower expense ratio, going as low as 0.32%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price High Income Municipal ETF | 0.32% | 25.42M | Nov 2025 | CGHM vs THYM | |
| iShares Short Duration High Yield Muni Active ETF | 0.35% | 788.12M | Mar 2021 | CGHM vs SHYM | |
| JPMorgan High Yield Municipal ETF | 0.35% | 280.74M | Jul 2023 | CGHM vs JMHI | |
| WisdomTree High Income Laddered Municipal ETF | 0.35% | 5.08M | Apr 2025 | CGHM vs WTMY | |
| Franklin Municipal High Yield ETF | 0.35% | 599.10M | May 2018 | CGHM vs FTMH |
Best Risk-Adjusted Alternatives to CGHM
CGHM has a PortfoliosLab risk / return rank of 92. There is 1 ETF in the High Yield Muni category with a higher risk-adjusted rank, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance High Income Municipal ETF | 93 | 57.80M | Feb 2025 | CGHM vs EVYM | |
| Rockefeller Opportunistic Municipal Bond ETF | 92 | 209.80M | Aug 2024 | CGHM vs RMOP | |
| Invesco Rochester High Yield Municipal ETF | 88 | 131.53M | Dec 2022 | CGHM vs IROC | |
| Nomura National High-Yield Municipal Bond ETF | 86 | 30.14M | Mar 2025 | CGHM vs HTAX | |
| Nuveen High Yield Municipal Income ETF | 84 | 137.99M | Jan 2025 | CGHM vs NHYM |
Top Performing CGHM Alternatives (YTD)
CGHM is at 3.32% YTD. There are 8 ETFs in the High Yield Muni category with higher YTD returns, going as high as 4.83%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck CEF Municipal Income ETF | 4.83% | 223.14M | Jul 2011 | CGHM vs XMPT | |
| Nomura National High-Yield Municipal Bond ETF | 4.31% | 30.14M | Mar 2025 | CGHM vs HTAX | |
| Franklin Municipal High Yield ETF | 4.31% | 599.10M | May 2018 | CGHM vs FTMH | |
| Eaton Vance High Income Municipal ETF | 4.29% | 57.80M | Feb 2025 | CGHM vs EVYM | |
| Rockefeller Opportunistic Municipal Bond ETF | 4.25% | 209.80M | Aug 2024 | CGHM vs RMOP |
Lowest Volatility Alternatives to CGHM
CGHM has 3.13% 1-year volatility. There are 3 ETFs in the High Yield Muni category with lower 1-year volatility, going as low as 2.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree High Income Laddered Municipal ETF | 2.54% | 5.08M | Apr 2025 | CGHM vs WTMY | |
| iShares Short Duration High Yield Muni Active ETF | 2.74% | 788.12M | Mar 2021 | CGHM vs SHYM | |
| Invesco Rochester High Yield Municipal ETF | 3.03% | 131.53M | Dec 2022 | CGHM vs IROC | |
| JPMorgan High Yield Municipal ETF | 3.19% | 280.74M | Jul 2023 | CGHM vs JMHI | |
| Eaton Vance High Income Municipal ETF | 3.67% | 57.80M | Feb 2025 | CGHM vs EVYM |
Lowest Drawdown Alternatives to CGHM
CGHM has a 1-year max drawdown of -2.55%. There is 1 ETF in the High Yield Muni category with a shallower 1-year drawdown, going as shallow as -2.23%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Short Duration High Yield Muni Active ETF | -2.23% | 788.12M | Mar 2021 | CGHM vs SHYM | |
| Invesco Rochester High Yield Municipal ETF | -2.64% | 131.53M | Dec 2022 | CGHM vs IROC | |
| Rockefeller Opportunistic Municipal Bond ETF | -2.66% | 209.80M | Aug 2024 | CGHM vs RMOP | |
| WisdomTree High Income Laddered Municipal ETF | -2.71% | 5.08M | Apr 2025 | CGHM vs WTMY | |
| Eaton Vance High Income Municipal ETF | -2.77% | 57.80M | Feb 2025 | CGHM vs EVYM |
Other ETFs from Capital Group
The 10 most viewed Capital Group ETFs shown here include CGDV, CGGR, CGDG and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Capital Group Dividend Value ETF | Large Cap Value Equities, Dividend | 68 | 12.94% | 36.70B | Feb 2022 | CGHM vs CGDV | |
| Capital Group Growth ETF | Large Cap Growth Equities | 26 | 4.94% | 24.88B | Feb 2022 | CGHM vs CGGR | |
| Capital Group Dividend Growers ETF | Global Equities | 46 | 7.21% | 5.30B | Sep 2023 | CGHM vs CGDG | |
| Capital Group Core Balanced ETF | Allocation--50% to 70% Equity, Diversified Portfolio | 47 | 6.80% | 7.08B | Sep 2023 | CGHM vs CGBL | |
| Capital Group Core Plus Income ETF | Intermediate Core-Plus Bond | 40 | 0.16% | 8.37B | Feb 2022 | CGHM vs CGCP | |
| Capital Group U.S. Multi-Sector Income ETF | Multisector Bonds | 59 | 1.48% | 5.20B | Oct 2022 | CGHM vs CGMS | |
| Capital Group Core Equity ETF | Large Cap Blend Equities | 55 | 11.11% | 11.25B | Feb 2022 | CGHM vs CGUS | |
| Capital Group Global Growth Equity ETF | Global Equities | 52 | 16.57% | 11.66B | Feb 2022 | CGHM vs CGGO | |
| Capital Group International Core Equity ETF | Foreign Large Cap Equities | 55 | 11.07% | 2.15B | Jun 2024 | CGHM vs CGIC | |
| Capital Group Conservative Equity ETF | Large Cap Value Equities | 54 | 8.60% | 1.89B | Jun 2024 | CGHM vs CGCV |
Often Compared With CGHM
Investors most often compare CGHM with HIMFX, BESF, TOAK. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare CGHM with Any Fund or Stock
Compare CGHM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CGHM with funds that move differently
Capital Group Municipal High-Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CGHM.
Explore CGHM Diversifiers