GTOCvsCGMUETF Comparison
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Invesco Core Fixed Income ETF (GTOC) belongs to the Intl IG Bonds segment. Capital Group Municipal Income ETF (CGMU) is part of the Municipal Bonds segment. GTOC's top 3 sector exposures are Sovereign, Finance and Industrials. In contrast, CGMU's top sector exposures are Municipal. GTOC is more expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.27% for CGMU. GTOC is down -4.05% year-to-date (YTD) with +$182M in YTD flows. CGMU performs better with -1.36% YTD performance, and +$2.64B in YTD flows. Run a side-by-side ETF comparison of GTOC 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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GTOC vs CGMU performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GTOC CGMU | -0.26%-0.28% | -2.65%-2.91% | -4.05%-1.36% | -4.17%-0.49% | n/a+13.41% | n/an/a |
| Flows | GTOC CGMU | -$20M+$514M | +$17M+$1.03B | +$182M+$2.64B | +$288M+$3.20B | -+$7.09B | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GTOC CGMU | +4.44%+4.29% | +3.94%+2.74% | n/a+3.16% | n/an/a |
| Max drawdown | GTOC CGMU | -3.93%-5.06% | -6.40%-5.69% | n/a-5.69% | n/an/a |
| Max drawdown duration | GTOC CGMU | 89d92d | 229d228d | n/a228d | n/an/a |
Trading data
GTOC | CGMU | |
Last sale 10/16/2026 at 1:30 PM | $24.16 | $26.36 |
| Previous close 10/15/2026 | $24.18 | $26.35 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
GTOC | CGMU | |
|---|---|---|
| Last price | $24.16 | $26.36 |
| 1D performance | -0.05% | +0.04% |
| AuM | $350.51 M | $7.19 B |
| E/R | 0.28% | 0.27% |
Characteristics
GTOC | CGMU | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Invesco | Capital Group |
| Benchmark | - | - |
| N° of holdings | 706 | 639 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 23, 2025 | October 25, 2022 |
| ESG | No | No |
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Exposure
Countries
GTOC
USA
39.4%
Other
60.6%
CGMU
USA
38.11%
Other
61.89%
Sectors
GTOC
Sovereign
20.98%
Finance
12.2%
Other
66.82%
CGMU
Municipal
38.11%
Other
61.89%
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Diversification
GTOC
Total weight of top 15 holdings out of 15
45%
CGMU
Total weight of top 15 holdings out of 15
6.67%
Top 15 holdings
Data as of August 31, 2026
GTOC
USA, Notes 4.25% 31jul2028, USD (BE-2028)
7.72%
US91282CRF04
7.70%
USA, Bonds 5% 15may2056, USD
6.40%
USA, Notes 4.375% 31jul2031, USD (AB-2031)
5.10%
US21H0226975
2.40%
US01F0526982
2.16%
US91282CRG86
1.91%
US01F0306948
1.65%
US01F0506927
1.63%
US3140Q3DG81
1.63%
US21H0206910
1.60%
US01F0606917
1.48%
US912810UX45
1.25%
US01F0326904
1.25%
US04009GBE61
1.12%
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%
US89602RKE44
0.31%
US19648FJ963
0.31%
Black Belt Energy Gas District, 5% 1jun2036, USD (2026)
0.31%
Frequently asked questions about GTOC and CGMU
How have the GTOC and CGMU ETFs performed in 2026?
As of October 16, 2026, GTOC is down -4.05% year-to-date (YTD), while CGMU has lost -1.36%. That puts CGMU better performer ahead so far this year.
Which ETF is attracting more investor money: GTOC or CGMU?
Year-to-date, the GTOC ETF saw +$182M in flows, compared to +$2.64B for CGMU.
Which ETF is more volatile: GTOC or CGMU?
Over the past year, GTOC had a volatility of 3.94%, while CGMU experienced 2.74%.
Which ETF is bigger: GTOC or CGMU?
As of October 16, 2026, GTOC holds $350.51 M in assets under management (AUM), while CGMU manages $7.19 B.
What sectors do the GTOC and CGMU ETFs invest in?
GTOC leans toward sectors like Sovereign and Finance. Meanwhile, CGMU focuses on Municipal.
What are the top holdings of the GTOC ETF and CGMU ETF?
GTOC top holdings include USA, Notes 4.25% 31jul2028, USD (BE-2028), US91282CRF04 and USA, Bonds 5% 15may2056, USD. 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: GTOC or CGMU?
GTOC holds 872 securities with 45% of its assets in the top 15. CGMU has 2314 securities and a top 15 weight of 6.67%.
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