CGMU vs SSO

Comparison between CAPITAL GROUP MUNICIPAL INCOME ETF SHARE CLASS (CGMU, ETF) and PROSHARES ULTRA S&P500 (SSO, ETF).

CGMU vs SSO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CGMU(ETF)	SSO(ETF)
Net Assets	$5.60B	$5.40B
Expense Ratio	0.27%	N/A
Max Drawdown	6.04%	85.48%
Sharpe Ratio	1.20	1.98
5Y Beta	0.03	1.94
P/E Ratio	N/A	27.88
Forward P/E	N/A	21.47
5Y Dividends CAGR	N/A	51.80%
5Y EPS CAGR	N/A	28.91%
Debt to Equity	N/A	25.78%
P/S Ratio	N/A	3.44
P/B Ratio	N/A	5.21

Net Assets

Winner

CGMU

$5.60B

SSO

$5.40B

Expense Ratio

CGMU

0.27%

SSO

N/A

Max Drawdown

Winner

CGMU

6.04%

SSO

85.48%

Sharpe Ratio

CGMU

1.20

Winner

SSO

1.98

5Y Beta

Winner

CGMU

0.03

SSO

1.94

P/E Ratio

CGMU

N/A

SSO

27.88

Forward P/E

CGMU

N/A

SSO

21.47

5Y Dividends CAGR

CGMU

N/A

SSO

51.80%

5Y EPS CAGR

CGMU

N/A

SSO

28.91%

Debt to Equity

CGMU

N/A

SSO

25.78%

P/S Ratio

CGMU

N/A

SSO

3.44

P/B Ratio

CGMU

N/A

SSO

5.21

CGMU vs SSO - Historical Returns

Returns include dividend reinvestment.

Period	CGMU	SSO
1 month	+0.44%	+18.38%
3 months	-0.29%	+11.48%
6 months	+1.70%	+17.86%
1 year	+6.61%	+62.17%
5 years(CAGR)	N/A	+18.65%
10 years(CAGR)	N/A	+24.20%
Max(CAGR)	+5.77%	+15.71%

CGMU

+0.44%

Winner

SSO

+18.38%

CGMU

-0.29%

Winner

SSO

+11.48%

CGMU

+1.70%

Winner

SSO

+17.86%

CGMU

+6.61%

Winner

SSO

+62.17%

5Y(CAGR)

CGMU

N/A

SSO

+18.65%

10Y(CAGR)

CGMU

N/A

SSO

+24.20%

Max(CAGR)

CGMU

+5.77%

Winner

SSO

+15.71%

CGMU vs SSO - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	CGMU	SSO
2026	+1.08%	+14.22%
2025	+5.11%	+26.86%
2024	+2.75%	+45.19%
2023	+6.64%	+47.99%
2022	+4.53%	-39.69%
2021	N/A	+65.07%
2020	N/A	+19.38%
2019	N/A	+63.26%
2018	N/A	-15.76%
2017	N/A	+42.26%
2016	N/A	+25.14%
2015	N/A	-1.06%
2014	N/A	+27.99%
2013	N/A	+62.55%
2012	N/A	+27.12%
2011	N/A	-4.74%
2010	N/A	+22.88%
2009	N/A	+38.70%
2008	N/A	-67.25%
2007	N/A	+1.74%
2006	N/A	+25.97%

CGMU vs SSO Drawdown Comparison

The maximum drawdown for CGMU was -4.11%, occurring on Oct 31, 2023. Recovery took 159 trading sessions.

The maximum drawdown for SSO was -84.67%, occurring on Mar 9, 2009. Recovery took 1520 trading sessions.

The current CGMU drawdown is -1.12%.

Rank	CGMU	SSO
#1	-4.11% Apr 12, 2023 - Nov 28, 2023	-84.67% Oct 9, 2007 - Oct 22, 2013
#2	-3.61% Feb 28, 2025 - Sep 3, 2025	-59.34% Feb 19, 2020 - Sep 2, 2020
#3	-2.60% Feb 2, 2023 - Apr 6, 2023	-46.73% Jan 3, 2022 - Mar 1, 2024
#4	-2.55% Feb 27, 2026 - Mar 26, 2026	-36.57% Sep 20, 2018 - Jul 2, 2019
#5	-2.46% Oct 1, 2024 - Dec 4, 2024	-35.21% Feb 19, 2025 - Jul 3, 2025
#6	-1.92% Dec 6, 2024 - Feb 25, 2025	-26.68% May 21, 2015 - Jul 11, 2016
#7	-1.22% May 15, 2024 - Jun 12, 2024	-19.76% Jan 26, 2018 - Aug 27, 2018
#8	-1.21% Mar 8, 2024 - May 15, 2024	-18.40% Sep 2, 2020 - Nov 16, 2020
#9	-1.06% Dec 15, 2022 - Jan 9, 2023	-18.17% Jan 12, 2026 - Apr 16, 2026
#10	-0.97% Dec 27, 2023 - Jan 31, 2024	-18.05% Jul 13, 2007 - Oct 9, 2007
#11	-0.96% Feb 1, 2024 - Mar 8, 2024	-16.70% Jul 16, 2024 - Sep 19, 2024
#12	-0.66% Sep 17, 2025 - Oct 13, 2025	-14.33% Sep 18, 2014 - Oct 31, 2014
#13	-0.62% Aug 2, 2024 - Aug 23, 2024	-12.06% Jul 26, 2019 - Oct 28, 2019
#14	-0.61% Jun 14, 2024 - Jul 5, 2024	-11.98% Feb 20, 2007 - Apr 16, 2007
#15	-0.40% Nov 11, 2025 - Dec 22, 2025	-11.49% Dec 31, 2013 - Feb 27, 2014

Correlation

Correlation between CGMU and SSO is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2006 - 2026)

CGMU vs SSO dividend yield comparison.

Year	CGMU	SSO
2026	1.12%	0.17%
2025	3.32%	0.68%
2024	3.21%	0.85%
2023	3.08%	0.18%
2022	0.49%	0.50%
2021	0.00%	0.18%
2020	0.00%	0.20%
2019	0.00%	0.50%
2018	0.00%	0.75%
2017	0.00%	0.39%
2016	0.00%	0.51%
2015	0.00%	0.63%
2014	0.00%	0.33%
2013	0.00%	0.26%
2012	0.00%	0.71%
2011	0.00%	0.56%
2010	0.00%	0.78%
2009	0.00%	0.77%
2008	0.00%	2.14%
2007	0.00%	5.34%
2006	0.00%	4.40%