CGSM vs. FBNDX

In the year-to-date period, CGSM achieves a 0.74% return, which is significantly lower than FBNDX's 1.95% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

CGSM has a 0.25% expense ratio, which is lower than FBNDX's 0.45% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Capital Group Short Duration Municipal Income ETF (CGSM) and Fidelity Investment Grade Bond Fund (FBNDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current CGSM Sharpe Ratio is 1.91, which is higher than the FBNDX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of CGSM and FBNDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

CGSM's dividend yield for the trailing twelve months is around 3.07%, less than FBNDX's 3.60% yield.

The maximum CGSM drawdown since its inception was -1.42%, smaller than the maximum FBNDX drawdown of -20.16%. Use the drawdown chart below to compare losses from any high point for CGSM and FBNDX. For additional features, visit the drawdowns tool.

The current volatility for Capital Group Short Duration Municipal Income ETF (CGSM) is 0.68%, while Fidelity Investment Grade Bond Fund (FBNDX) has a volatility of 1.75%. This indicates that CGSM experiences smaller price fluctuations and is considered to be less risky than FBNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.