GTOvsCGMUETF Comparison
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Invesco Total Return Bond ETF (GTO) belongs to the Money Market Bonds segment. Capital Group Municipal Income ETF (CGMU) is part of the Municipal Bonds segment. GTO's top 3 sector exposures are Finance, Sovereign and Industrials. In contrast, CGMU's top sector exposures are Municipal. GTO is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.27% for CGMU. GTO is down -3.87% year-to-date (YTD) with +$673M in YTD flows. CGMU performs better with -0.48% YTD performance, and +$2.77B in YTD flows. Run a side-by-side ETF comparison of GTO and CGMU below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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GTO vs CGMU performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GTO CGMU | +0.32%+0.77% | -1.33%-1.39% | -3.87%-0.48% | -3.77%+0.00% | +15.33%+15.46% | -4.21%n/a |
| Flows | GTO CGMU | +$114M+$581M | +$214M+$1.12B | +$673M+$2.77B | +$761M+$3.27B | +$1.62B+$7.19B | +$1.87B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GTO CGMU | +4.43%+4.53% | +3.92%+2.83% | +4.74%+3.17% | +5.41%n/a |
| Max drawdown | GTO CGMU | -3.65%-4.83% | -6.36%-5.69% | -6.36%-5.69% | -19.94%n/a |
| Max drawdown duration | GTO CGMU | 65d70d | 248d235d | 248d235d | 1809dn/a |
Trading data
GTO | CGMU | |
Last sale 10/23/2026 at 1:30 PM | $45.03 | $26.62 |
| Previous close 10/22/2026 | $45.10 | $26.58 |
| Consolidated volume 10/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
GTO | CGMU | |
|---|---|---|
| Last price | $45.03 | $26.62 |
| 1D performance | -0.16% | +0.15% |
| AuM | $2.57 B | $7.38 B |
| E/R | 0.35% | 0.27% |
Characteristics
GTO | CGMU | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Invesco | Capital Group |
| Benchmark | - | - |
| N° of holdings | 2245 | 639 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 10, 2016 | October 25, 2022 |
| ESG | No | No |
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Exposure
Countries
GTO
USA
30.77%
Other
69.23%
CGMU
USA
38.11%
Other
61.89%
Sectors
GTO
Finance
11.93%
Sovereign
10.76%
Industrials
7.26%
Other
70.05%
CGMU
Municipal
38.11%
Other
61.89%
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Diversification
GTO
Total weight of top 15 holdings out of 15
28.22%
CGMU
Total weight of top 15 holdings out of 15
6.67%
Top 15 holdings
Data as of August 31, 2026
GTO
US91282CRF04
5.23%
USA, Bonds 5% 15may2056, USD
3.57%
US21H0226975
3.11%
USA, Notes 4.375% 31jul2031, USD (AB-2031)
2.95%
US21H0206910
1.78%
US01F0306948
1.64%
US91282CRG86
1.53%
US01F0526982
1.40%
US01F0326904
1.24%
US01F0506927
1.20%
US01F0406938
1.07%
USA, Notes 4.375% 31jul2033, USD (N-2033)
0.97%
US912810UX45
0.86%
USA, Notes 4.25% 31jul2028, USD (BE-2028)
0.84%
US21H0306900
0.83%
CGMU
Puerto Rico, FRN 1nov2043, USD
0.76%
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
0.64%
Black Belt Energy Gas District, 5.25% 1jun2036, USD (2026)
0.58%
US771902HN68
0.54%
City of New York, 9% 15aug2015, USD
0.52%
US09182TLC98
0.48%
California Community Choice Financing Authority, 5% 1jun2036, USD (2026F)
0.42%
Black Belt Energy Gas District, 5% 1jul2033, USD (2026)
0.41%
US57421CLT98
0.37%
US13034A7F19
0.36%
Texas Municipal Gas Acquisition and Supply Corp., 5.25% 1mar2037, USD (2026A)
0.34%
New Jersey Health Care Facilities Financing Authority, 5% 1jul2029, USD (2026A)
0.32%
Puerto Rico, FRN 1nov2051, USD
0.31%
Black Belt Energy Gas District, 5% 1jun2036, USD (2026)
0.31%
US19648FJ963
0.31%
Frequently asked questions about GTO and CGMU
How have the GTO and CGMU ETFs performed in 2026?
As of October 23, 2026, GTO is down -3.87% year-to-date (YTD), while CGMU has lost -0.48%. That puts CGMU better performer ahead so far this year.
Which ETF is attracting more investor money: GTO or CGMU?
Year-to-date, the GTO ETF saw +$673M in flows, compared to +$2.77B for CGMU.
Which ETF is more volatile: GTO or CGMU?
Over the past year, GTO had a volatility of 3.92%, while CGMU experienced 2.83%.
Which ETF is bigger: GTO or CGMU?
As of October 23, 2026, GTO holds $2.57 B in assets under management (AUM), while CGMU manages $7.38 B.
What sectors do the GTO and CGMU ETFs invest in?
GTO leans toward sectors like Finance, Sovereign and Industrials. Meanwhile, CGMU focuses on Municipal.
What are the top holdings of the GTO ETF and CGMU ETF?
GTO top holdings include US91282CRF04, USA, Bonds 5% 15may2056, USD and US21H0226975. CGMU holds in its top three: Puerto Rico, FRN 1nov2043, USD, Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD and Black Belt Energy Gas District, 5.25% 1jun2036, USD (2026).
Which ETF is more diversified: GTO or CGMU?
GTO holds 2660 securities with 28.22% of its assets in the top 15. CGMU has 2314 securities and a top 15 weight of 6.67%.
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