LISAX vs. CGMU
Compare and contrast key facts about Lord Abbett Intermediate Tax Free Fund (LISAX) and Capital Group Municipal Income ETF (CGMU).
LISAX is managed by Lord Abbett. It was launched on Jun 29, 2003. CGMU is an actively managed fund by Capital Group. It was launched on Oct 25, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LISAX or CGMU.
Correlation
The correlation between LISAX and CGMU is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
LISAX vs. CGMU - Performance Comparison
Key characteristics
LISAX:
0.31
CGMU:
0.50
LISAX:
0.43
CGMU:
0.70
LISAX:
1.07
CGMU:
1.11
LISAX:
0.22
CGMU:
0.58
LISAX:
1.05
CGMU:
1.84
LISAX:
1.23%
CGMU:
1.13%
LISAX:
4.14%
CGMU:
4.01%
LISAX:
-14.69%
CGMU:
-4.11%
LISAX:
-3.66%
CGMU:
-1.83%
Returns By Period
In the year-to-date period, LISAX achieves a -0.73% return, which is significantly lower than CGMU's -0.08% return.
LISAX
-0.73%
2.03%
-0.68%
1.30%
1.47%
1.87%
CGMU
-0.08%
0.88%
-0.26%
2.01%
N/A
N/A
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LISAX vs. CGMU - Expense Ratio Comparison
LISAX has a 0.71% expense ratio, which is higher than CGMU's 0.27% expense ratio.
Risk-Adjusted Performance
LISAX vs. CGMU — Risk-Adjusted Performance Rank
LISAX
CGMU
LISAX vs. CGMU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Intermediate Tax Free Fund (LISAX) and Capital Group Municipal Income ETF (CGMU). 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.
Dividends
LISAX vs. CGMU - Dividend Comparison
LISAX's dividend yield for the trailing twelve months is around 3.02%, less than CGMU's 3.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LISAX Lord Abbett Intermediate Tax Free Fund | 3.02% | 3.16% | 2.74% | 2.37% | 2.23% | 2.33% | 2.64% | 2.63% | 2.43% | 2.60% | 2.76% | 2.90% |
CGMU Capital Group Municipal Income ETF | 3.27% | 3.22% | 3.09% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LISAX vs. CGMU - Drawdown Comparison
The maximum LISAX drawdown since its inception was -14.69%, which is greater than CGMU's maximum drawdown of -4.11%. Use the drawdown chart below to compare losses from any high point for LISAX and CGMU. For additional features, visit the drawdowns tool.
Volatility
LISAX vs. CGMU - Volatility Comparison
Lord Abbett Intermediate Tax Free Fund (LISAX) has a higher volatility of 2.04% compared to Capital Group Municipal Income ETF (CGMU) at 1.31%. This indicates that LISAX's price experiences larger fluctuations and is considered to be riskier than CGMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.