CGBL vs CGMU
Comparison between CAPITAL GROUP CORE BALANCED ETF SHARE CLASS (CGBL, ETF) and CAPITAL GROUP MUNICIPAL INCOME ETF SHARE CLASS (CGMU, ETF).
CGBL vs CGMU - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
CGBL
$5.40B
Winner
CGMU
$5.60B
Expense Ratio
CGBL
0.33%
Winner
CGMU
0.27%
Max Drawdown
CGBL
12.01%
Winner
CGMU
6.04%
Sharpe Ratio
Winner
CGBL
1.74
CGMU
1.20
5Y Beta
CGBL
0.65
Winner
CGMU
0.03
CGBL vs CGMU - Historical Returns
Returns include dividend reinvestment.
1M
Winner
CGBL
+4.63%
CGMU
+0.44%
3M
Winner
CGBL
+2.93%
CGMU
-0.29%
6M
Winner
CGBL
+9.13%
CGMU
+1.70%
1Y
Winner
CGBL
+21.83%
CGMU
+6.61%
Max(CAGR)
Winner
CGBL
+18.74%
CGMU
+5.77%
CGBL vs CGMU - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | CGBL | CGMU |
|---|---|---|
| 2026 | +5.34% | +1.08% |
| 2025 | +15.25% | +5.11% |
| 2024 | +17.28% | +2.75% |
| 2023 | +9.80% | +6.64% |
| 2022 | N/A | +4.53% |
CGBL vs CGMU Drawdown Comparison
The maximum drawdown for CGBL was -11.66%, occurring on Apr 8, 2025. Recovery took 80 trading sessions.
The maximum drawdown for CGMU was -4.11%, occurring on Oct 31, 2023. Recovery took 159 trading sessions.
The current CGMU drawdown is -1.12%.
| Rank | CGBL | CGMU |
|---|---|---|
| #1 | -11.66% Feb 6, 2025 - Jun 3, 2025 | -4.11% Apr 12, 2023 - Nov 28, 2023 |
| #2 | -7.88% Feb 25, 2026 - Apr 17, 2026 | -3.61% Feb 28, 2025 - Sep 3, 2025 |
| #3 | -5.93% Jul 16, 2024 - Aug 30, 2024 | -2.60% Feb 2, 2023 - Apr 6, 2023 |
| #4 | -4.38% Oct 11, 2023 - Nov 14, 2023 | -2.55% Feb 27, 2026 - Mar 26, 2026 |
| #5 | -3.82% Dec 16, 2024 - Jan 24, 2025 | -2.46% Oct 1, 2024 - Dec 4, 2024 |
| #6 | -3.78% Mar 28, 2024 - May 15, 2024 | -1.92% Dec 6, 2024 - Feb 25, 2025 |
| #7 | -3.57% Oct 28, 2025 - Dec 3, 2025 | -1.22% May 15, 2024 - Jun 12, 2024 |
| #8 | -3.12% Aug 30, 2024 - Sep 13, 2024 | -1.21% Mar 8, 2024 - May 15, 2024 |
| #9 | -2.59% Nov 8, 2024 - Dec 2, 2024 | -1.06% Dec 15, 2022 - Jan 9, 2023 |
| #10 | -2.18% Dec 11, 2025 - Dec 24, 2025 | -0.97% Dec 27, 2023 - Jan 31, 2024 |
| #11 | -2.17% Jan 28, 2026 - Feb 20, 2026 | -0.96% Feb 1, 2024 - Mar 8, 2024 |
| #12 | -2.09% Oct 18, 2024 - Nov 6, 2024 | -0.66% Sep 17, 2025 - Oct 13, 2025 |
| #13 | -2.00% Oct 8, 2025 - Oct 20, 2025 | -0.62% Aug 2, 2024 - Aug 23, 2024 |
| #14 | -1.90% May 15, 2024 - Jun 12, 2024 | -0.61% Jun 14, 2024 - Jul 5, 2024 |
| #15 | -1.80% Sep 28, 2023 - Oct 9, 2023 | -0.40% Nov 11, 2025 - Dec 22, 2025 |
Correlation
Correlation between CGBL and CGMU is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (2022 - 2026)
CGBL vs CGMU dividend yield comparison.
| Year | CGBL | CGMU |
|---|---|---|
| 2026 | 0.34% | 1.12% |
| 2025 | 1.98% | 3.32% |
| 2024 | 1.92% | 3.21% |
| 2023 | 0.48% | 3.08% |
| 2022 | 0.00% | 0.49% |
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