Which returned more over the last year, CGHM or FMHI?

In the year to Oct 28, 2026, with distributions reinvested, CGHM returned +0.7% and FMHI −0.1%.

Which is cheaper, CGHM or FMHI?

CGHM is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

CGHM vs FMHI: Differences, Returns & Fees

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CGHM's duration was 6.5 years on Jun 30, 2026 and FMHI's 7.9 on Jul 31, 2026; CGHM charges 0.34% to FMHI's 0.70%.

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Net assets on Oct 27, 2026: $3.7bn for Capital Group Municipal High-Income ETF and $1.0bn for First Trust Municipal High Income ETF.

CGHM on its own →FMHI on its own →

At a glance

+0.7%

CGHM total return, 1 year

−0.1%

FMHI total return, 1 year

0.34%

CGHM expense ratio

0.70%

FMHI expense ratio

Pair scorecard

CGHM costs 0.36 points a year less; their one-year returns differ by 0.8 points; CGHM is 3.7 times larger.

CGHM vs FMHI: Differences, Returns & Fees
Measure	CGHM	FMHI
Return
Measure	CGHM	FMHI
Total return, 1 year	+0.7%	−0.1%
Drawdown
Measure	CGHM	FMHI
Below its high	3.5%, high on Jul 2, 2026	4.0%, high on Jul 2, 2026
Benchmark
Measure	CGHM	FMHI
What it tracks	No index, actively managed	No index, actively managed
Cost and size
Measure	CGHM	FMHI
Expense ratio	0.34%	0.70%
Net assets, as of Oct 27, 2026	$3.7bn	$1.0bn
Holdings
Measure	CGHM	FMHI
Holdings in common	8%

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method

Risk and return

Jul 5, 2024 to Oct 23, 2026 · 120 weekly returns

CGHM FMHI

Return

Total return edge CGHM +7.0% +4.2%

Annualized edge CGHM +3.0% +1.8%

Price return edge CGHM −1.8% −5.7%

Risk

Volatility edge Tie 5.4% 5.4%

Max drawdown edge CGHM (slight) −6.1% −6.8%

Risk-adjusted

Sharpe edge CGHM −0.20 −0.42

Sortino edge CGHM −0.24 −0.50

Calmar edge CGHM 0.48 0.26

Reading

CGHM returned more: +7.0% to +4.2%. CGHM and FMHI swung about the same: 5.4% and 5.4%. CGHM fell slightly less at its worst: −6.1% to −6.8%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: CGHM vs FMHI: Differences, Returns & Fees
Measure	CGHM	FMHI	Edge	How it is measured
Return
Total return	+7.0%	+4.2%	CGHM	Price change plus distributions, reinvested.
Annualized	+3.0%	+1.8%	CGHM	Total return as a yearly rate.
Price return	−1.8%	−5.7%	CGHM	Price change alone, distributions left out.
Risk
Volatility	5.4%	5.4%	Tie	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	4.5%	4.5%	Tie	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−6.1%	−6.8%	CGHM (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.20	−0.42	CGHM	Return above Treasury bills per unit of volatility.
Sortino	−0.24	−0.50	CGHM	Return above Treasury bills per unit of downside deviation.
Calmar	0.48	0.26	CGHM	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 120 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, CGHM and FMHI hold 8% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

8% in common

Positions both hold · largest shared weight first CGHM FMHI

PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE, due Jul 1, 2047 0.44% 0.58%

MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE, due Dec 1, 2054 0.41% 0.56%

BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE, due Jun 1, 2036 0.35% 0.31%

PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE, due Jul 1, 2040 0.23% 0.58%

PUERTO RICO CMWLTH, due Jul 1, 2041 0.22% 0.41%

NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE, due Oct 1, 2045 0.22% 0.24%

TULSA OK MUNI ARPT TRUST TRUSTEES, due Dec 1, 2035 0.29% 0.20%

HENDERSON KY EXEMPT FACS REVENUE, due Jan 1, 2052 0.18% 0.19%

HOUSTON TX ARPT SYS REVENUE, due Jul 15, 2035 0.28% 0.16%

JORDANELLE RIDGE PUBLIC INFRA STRUCTURE DIST #2 UT, due Mar 1, 2054 0.16% 0.21%

HOUSTON TX ARPT SYS REVENUE, due Jul 15, 2037 0.23% 0.16%

ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE, due Sep 1, 2052 0.13% 0.41%

Only in one fund ↓

Only in CGHM

PUERTO RICO CMWLTH, due Nov 1, 2043 1.12%

PUERTO RICO CMWLTH, due Nov 1, 2051 0.89%

PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE, due Jul 1, 2046 0.50%

NEW YORK NY, due Mar 1, 2042 0.49%

ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE, due Sep 1, 2046 0.46%

CAPITAL TRUST AGY FL REVENUE, due Jul 1, 2056 0.37%

ILLINOIS ST FIN AUTH REVENUE, due Aug 1, 2044 0.35%

SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE, due May 1, 2048 0.34%

Only in FMHI

IL CHITRN 5.5 01/01/2048, due Jan 1, 2048 0.58%

AL MOBPOL 06/01/2034, due Jun 1, 2034 0.50%

NY NYCUTL 06/15/2041, due Jun 15, 2041 0.47%

MO STLDEV 5 09/01/2048, due Sep 1, 2048 0.44%

ID SPVGEN 6.25 09/01/2053, due Sep 1, 2053 0.41%

OH COLAPT 5.5 01/01/2050, due Jan 1, 2050 0.39%

GA MAIUTL 09/01/2053, due Sep 1, 2053 0.39%

FL CHAUTL 4 10/01/2051, due Oct 1, 2051 0.38%

Check overlap with more funds →

Side by side

CGHM Capital Group Municipal High-Income ETF FMHI First Trust Municipal High Income ETF

Where it sits Bond ETF Bond ETF

Issuer Capital Group First Trust

What it is Actively managed Actively managed

Total return, 1 year +0.7% −0.1%

Expense ratio 0.34% 0.70%

Holdings 3495 766

Net assets, as of Oct 27, 2026 $3.7bn $1.0bn

CGHM and FMHI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-047FF5BB9A

CGHM and FMHI are built for the same job. How do they differ in cost, holdings and results?

Holdings in common. 8% of the weight is in the same securities (holdings dated Jun 30, 2026 and Jul 31, 2026).
Number of holdings. CGHM holds 3,495 positions and FMHI holds 766.
Cost. CGHM charges 0.34% of assets a year and FMHI 0.70%, a gap of 0.36 points.

Data as of Oct 28, 2026.

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About each fund

CGHM

CGHM is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.7% with distributions reinvested. The prospectus expense ratio is 0.34% a year. It sat 3.5% below its high of Jul 2, 2026 on Oct 28, 2026.

FMHI

FMHI is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −0.1% with distributions reinvested. The prospectus expense ratio is 0.70% a year. It sat 4.0% below its high of Jul 2, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, CGHM or FMHI?: In the year to Oct 28, 2026, with distributions reinvested, CGHM returned +0.7% and FMHI −0.1%.
Which is cheaper, CGHM or FMHI?: CGHM is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

CGHM vs HIMU CGHM vs HYD CGHM vs HYMB FMHI vs HYMB FMHI vs HYD FMHI vs HIMU

Where to next

CGHM on its own →FMHI on its own →Hold both: look the portfolio through →Rankings →CGHM dividend history →CGHM holdings →FMHI dividend history →FMHI holdings →Standards and sources →

Sources and dates

CGHM filings on SEC EDGAR ↗

CGHM prospectus with the expense ratio (SEC) ↗

Capital Group page for CGHM ↗

FMHI filings on SEC EDGAR ↗

FMHI prospectus with the expense ratio (SEC) ↗

First Trust page for FMHI ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, CGHM against FMHI, data as of Oct 28, 2026. https://etfiq.com/compare/any/cghm-vs-fmhi

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.