CGSM vs SPY

Comparison between CAPITAL GROUP SHORT DURATION MUNICIPAL INCOME ETF SHARE CLASS (CGSM, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

CGSM vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CGSM(ETF)	SPY(ETF)
Net Assets	$1.10B	$652B
Expense Ratio	0.25%	0.09%
Max Drawdown	2.20%	56.47%
Sharpe Ratio	0.88	2.07
5Y Beta	-0.00	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

CGSM

$1.10B

Winner

SPY

$652B

Expense Ratio

CGSM

0.25%

Winner

SPY

0.09%

Max Drawdown

Winner

CGSM

2.20%

SPY

56.47%

Sharpe Ratio

CGSM

0.88

Winner

SPY

2.07

5Y Beta

Winner

CGSM

-0.00

SPY

1.00

P/E Ratio

CGSM

N/A

SPY

28.24

Forward P/E

CGSM

N/A

SPY

21.85

5Y Dividends CAGR

CGSM

N/A

SPY

5.43%

5Y EPS CAGR

CGSM

N/A

SPY

25.79%

Debt to Equity

CGSM

N/A

SPY

22.35%

P/S Ratio

CGSM

N/A

SPY

3.55

P/B Ratio

CGSM

N/A

SPY

5.29

CGSM vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	CGSM	SPY
1 month	+0.26%	+9.11%
3 months	-0.09%	+6.59%
6 months	+1.54%	+10.56%
1 year	+4.79%	+32.04%
5 years(CAGR)	N/A	+13.35%
10 years(CAGR)	N/A	+15.49%
Max(CAGR)	+5.13%	+8.50%

CGSM

+0.26%

Winner

SPY

+9.11%

CGSM

-0.09%

Winner

SPY

+6.59%

CGSM

+1.54%

Winner

SPY

+10.56%

CGSM

+4.79%

Winner

SPY

+32.04%

5Y(CAGR)

CGSM

N/A

SPY

+13.35%

10Y(CAGR)

CGSM

N/A

SPY

+15.49%

Max(CAGR)

CGSM

+5.13%

Winner

SPY

+8.50%

CGSM vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CGSM	SPY
2026	+0.87%	+8.27%
2025	+4.46%	+18.00%
2024	+3.75%	+25.59%
2023	+4.04%	+26.72%
2022	N/A	-18.64%
2021	N/A	+30.52%
2020	N/A	+17.28%
2019	N/A	+31.09%
2018	N/A	-5.24%
2017	N/A	+20.78%
2016	N/A	+13.59%
2015	N/A	+1.31%
2014	N/A	+14.56%
2013	N/A	+29.00%
2012	N/A	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

CGSM vs SPY Drawdown Comparison

The maximum drawdown for CGSM was -1.42%, occurring on Apr 11, 2025. Recovery took 62 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current CGSM drawdown is -0.52%.

Rank	CGSM	SPY
#1	-1.42% Feb 28, 2025 - May 29, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-1.18% Feb 26, 2026 - Mar 26, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-1.15% Oct 2, 2024 - Dec 2, 2024	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-0.90% Dec 6, 2024 - Jan 31, 2025	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-0.79% Dec 29, 2023 - Feb 1, 2024	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-0.74% May 15, 2024 - Jun 13, 2024	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-0.70% Feb 1, 2024 - Mar 1, 2024	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-0.46% Mar 22, 2024 - May 7, 2024	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-0.45% Sep 17, 2025 - Nov 28, 2025	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-0.44% Oct 13, 2023 - Nov 2, 2023	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-0.32% Sep 28, 2023 - Oct 11, 2023	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-0.25% Sep 16, 2024 - Sep 27, 2024	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-0.23% Aug 5, 2024 - Aug 14, 2024	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-0.19% Mar 13, 2024 - Mar 22, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-0.19% Feb 5, 2025 - Feb 20, 2025	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between CGSM and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (1999 - 2026)

CGSM vs SPY dividend yield comparison.

Year	CGSM	SPY
2026	0.98%	0.24%
2025	3.05%	1.07%
2024	3.11%	1.21%
2023	0.84%	1.40%
2022	0.00%	1.65%
2021	0.00%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%