CGHMvsSUBETF Comparison
VS
Capital Group Municipal High-Income ETF (CGHM) and iShares Short-Term National Muni Bond ETF (SUB) belong to the same industry segment: Municipal Bonds. CGHM's top 1 sector exposures are Municipal. In contrast, SUB's top sector exposures are Municipal and Non-Corporate. CGHM is more expensive with a Total Expense Ratio (TER) of 0.34%, versus 0.07% for SUB. CGHM is down -1.27% year-to-date (YTD) with +$1.21B in YTD flows. SUB performs better with 0.64% YTD performance, and +$2.50B in YTD flows. Run a side-by-side ETF comparison of CGHM and SUB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
CGHM vs SUB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CGHM SUB | -0.63%+0.09% | -3.99%-0.38% | -1.27%+0.64% | -0.65%+1.13% | n/a+9.28% | n/a+7.37% |
| Flows | CGHM SUB | +$300M+$1.05B | +$501M+$1.51B | +$1.21B+$2.50B | +$1.42B+$2.84B | -+$3.82B | -+$6.63B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CGHM SUB | +5.57%+1.90% | +3.65%+1.15% | n/a+1.17% | n/a+1.22% |
| Max drawdown | CGHM SUB | -6.27%-1.94% | -6.96%-1.94% | n/a-1.94% | n/a-3.94% |
| Max drawdown duration | CGHM SUB | 92d52d | 110d52d | n/a52d | n/a771d |
Trading data
CGHM | SUB | |
Last sale 10/16/2026 at 1:30 PM | $24.42 | $105.28 |
| Previous close 10/15/2026 | $24.43 | $105.28 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 18, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
CGHM
is actively managed and doesn’t replicate an indexCGHM | SUB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
CGHM | SUB | |
|---|---|---|
| Last price | $24.42 | $105.28 |
| 1D performance | -0.04% | +0.00% |
| AuM | $3.56 B | $12.74 B |
| E/R | 0.34% | 0.07% |
Characteristics
CGHM | SUB | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Capital Group | iShares |
| Benchmark | - | ICE Short Maturity AMT-Free US National Municipal Index |
| N° of holdings | 845 | 1169 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 25, 2024 | November 5, 2008 |
| ESG | No | No |
Advertisement
Exposure
Countries
CGHM
USA
45.11%
Other
54.89%
SUB
USA
46.89%
Other
53.11%
Sectors
CGHM
Municipal
45.11%
Other
54.89%
SUB
Municipal
46.88%
Other
53.12%
Advertisement
Diversification
CGHM
Total weight of top 15 holdings out of 15
7.41%
SUB
Total weight of top 15 holdings out of 15
3.97%
Top 15 holdings
Data as of August 31, 2026
CGHM
Puerto Rico, FRN 1nov2043, USD
1.31%
Puerto Rico, FRN 1nov2051, USD
0.86%
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
0.61%
Puerto Rico Sales Tax Financing Corp., 0% 1jul2046, USD (10001D)
0.53%
US419800PW17
0.50%
Chicago Board of Education, 5% 1dec2042, USD (2012A)
0.44%
Arkansas Development Finance Authority, 4% 1sep2046, USD (2026A)
0.43%
Puerto Rico Aqueduct and Sewer Authority, 5% 1jul2047, USD (2020A)
0.42%
City of New York, FRN 1apr2042, USD
0.35%
Capital Trust Agency, 5% 1jul2056, USD (2021A-1)
0.34%
Black Belt Energy Gas District, 5% 1jun2036, USD (2026)
0.33%
US45203HAH57
0.33%
US83703FLR19
0.33%
Kentucky Public Energy Authority, 5% 1jun2034, USD (2026)
0.32%
New York Transportation Development Corp., 5% 1oct2040, USD (2020)
0.31%
SUB
US13063EUS35
0.44%
New Jersey Economic Development Authority, 5% 1mar2028, USD (2023)
0.36%
US64972JWP91
0.33%
New York Municipal Water Finance Authority, FRN 15jun2053, USD (2023)
0.27%
US13063EDB92
0.26%
US89602RPH20
0.25%
Empire State Development Corp., 5% 15sep2028, USD (2022A)
0.25%
US91412HWB58
0.24%
US646140JM63
0.24%
California, 5% 1nov2027, USD
0.23%
California, 5% 1apr2029, USD
0.23%
US812643H643
0.23%
US373385QU02
0.22%
City of New York, FRN 1feb2056, USD (2026)
0.22%
US207758Y563
0.20%
Frequently asked questions about CGHM and SUB
How have the CGHM and SUB ETFs performed in 2026?
As of October 16, 2026, CGHM is down -1.27% year-to-date (YTD), while SUB has returned 0.64%. That puts SUB better performer ahead so far this year.
Which ETF is attracting more investor money: CGHM or SUB?
Year-to-date, the CGHM ETF saw +$1.21B in flows, compared to +$2.50B for SUB.
Which ETF is more volatile: CGHM or SUB?
Over the past year, CGHM had a volatility of 3.65%, while SUB experienced 1.15%.
Which ETF is bigger: CGHM or SUB?
As of October 16, 2026, CGHM holds $3.56 B in assets under management (AUM), while SUB manages $12.74 B.
What sectors do the CGHM and SUB ETFs invest in?
CGHM leans toward sectors like Municipal. Meanwhile, SUB focuses on Municipal.
What are the top holdings of the CGHM ETF and SUB ETF?
CGHM top holdings include Puerto Rico, FRN 1nov2043, USD, Puerto Rico, FRN 1nov2051, USD and Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD. SUB holds in its top three: US13063EUS35, New Jersey Economic Development Authority, 5% 1mar2028, USD (2023) and US64972JWP91.
Which ETF is more diversified: CGHM or SUB?
CGHM holds 2608 securities with 7.41% of its assets in the top 15. SUB has 2884 securities and a top 15 weight of 3.97%.
Advertisement
Latest news about CGHM & SUB
Advertisement
