Which returned more over the last year, CGSM or TAFI?

In the year to Oct 9, 2026, with distributions reinvested, CGSM returned +0.8% and TAFI +0.5%.

Which is cheaper, CGSM or TAFI?

CGSM is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.

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CGSM vs TAFI: Differences, Returns & Fees

CGSM's duration was 2.4 years on Jun 30, 2026 and TAFI's 1.9 on May 31, 2026; CGSM charges 0.25% to TAFI's 0.27%. Net assets on Oct 8, 2026: $1.6bn for Capital Group Short Duration Municipal Income ETF and $1.4bn for AB Tax-Aware Short Duration Municipal ETF.

CGSM costs 0.02 points a year less; their one-year returns differ by 0.3 points; CGSM is 1.1 times larger.

	CGSM	TAFI
Expense ratio	0.25%	0.27%
Net assets, as of Oct 8, 2026	$1.6bn	$1.4bn
Total return, 1 year	+0.8%	+0.5%
What it tracks	No index, actively managed	No index, actively managed
Holdings in common	6%

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

+0.8%

CGSM total return, 1 year

+0.5%

TAFI total return, 1 year

0.25%

CGSM expense ratio

0.27%

TAFI expense ratio

What they hold in common

By the books each fund has filed, CGSM and TAFI hold 6% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jun 30, 2026.

50%

half

6% in common

Positions both hold, largest shared weight first

Holding CGSM TAFI

UNIV OF CALIFORNIA CA REVENUES, due May 15, 2030 0.77% 0.61%

LOS ANGELES CA DEPT OF WTR & PWR REVENUE, due Jul 1, 2028 0.46% 0.37%

MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE, due Aug 1, 2052 0.36% 0.36%

TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX, due Feb 1, 2028 0.87% 0.33%

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE, due May 1, 2054 0.29% 0.29%

HAMPTON ROADS VA SANTN DIST WSTWTR REVENUE, due Jul 15, 2026 0.28% 0.24%

NEW JERSEY ST ECON DEV AUTH WTR FACS REVENUE, due Nov 1, 2034 0.23% 0.28%

KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE, due May 1, 2055 0.21% 0.25%

COLORADO ST HLTH FACS AUTH REVENUE, due Sep 1, 2032 0.20% 0.31%

HAMPTON ROADS VA TRANSPRTN ACCOUNTABILITY COMMISSION REVENUE, due Jul 1, 2026 0.53% 0.19%

TEXAS ST MUNI GAS ACQUISITION& SPLY CORP IV, due Jan 1, 2054 0.16% 0.34%

ILLINOIS ST FIN AUTH REVENUE, due May 1, 2031 0.15% 0.18%

Only in CGSM

MARYLAND ST, due Jun 1, 2030 1.08%

FLORIDA ST BRD OF EDU PUBLIC EDU, due Jun 1, 2029 1.06%

GEORGIA ST, due Dec 1, 2031 1.05%

SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE, due May 1, 2048 1.03%

ROCHESTER MN HLTH CARE FACS REVENUE, due Apr 1, 2066 1.02%

MISSISSIPPI BUSINESS FIN CORP MS PORT FAC REVENUE, due Jun 1, 2043 1.01%

PHOENIX AZ INDL DEV AUTH HLTHCARE FACS REVENUE, due Nov 15, 2052 1.00%

CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE, due Jul 1, 2042 0.97%

Only in TAFI

COLORADO ST EDUC LOAN PROGRAM, due Jun 30, 2026 1.53%

TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES, due Jan 1, 2031 0.97%

QUINCY MA, due Jul 24, 2026 0.68%

ILLINOIS ST FIN AUTH REVENUE, due Nov 15, 2037 0.56%

NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE, due Jan 1, 2030 0.55%

COLORADO ST EDUC LOAN PROGRAM, due Jun 30, 2026 0.53%

NEW JERSEY ST ECON DEV AUTH, due Sep 1, 2029 0.51%

QUINCY MA, due Sep 29, 2026 0.46%

Check overlap with more funds →

On the same fields

CGSM

Capital Group Short Duration Municipal Income ETF

TAFI

AB Tax-Aware Short Duration Municipal ETF

Where it sits Bond ETF Bond ETF

Issuer Capital Group AllianceBernstein

What it is Actively managed Actively managed

Total return, 1 year +0.8% +0.5%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −16.4 pts −16.8 pts

Expense ratio 0.25% 0.27%

Holdings 1007 684

Net assets, as of Oct 8, 2026 $1.6bn $1.4bn

CGSM and TAFI on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

CGSM in plain words

CGSM is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +0.8% with distributions reinvested. The prospectus expense ratio is 0.25% a year.

TAFI in plain words

TAFI is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.27% a year.

Questions people ask

Which returned more over the last year, CGSM or TAFI?: In the year to Oct 9, 2026, with distributions reinvested, CGSM returned +0.8% and TAFI +0.5%.
Which is cheaper, CGSM or TAFI?: CGSM is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

CGSM vs SMMU CGSM vs SUB CGSM vs MEAR CGSM vs VTES TAFI vs VTES MEAR vs TAFI SMMU vs TAFI SHM vs TAFI

CGSM on its own →TAFI on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

CGSM filings on SEC EDGAR ↗CGSM prospectus with the expense ratio (SEC) ↗Capital Group page for CGSM ↗TAFI filings on SEC EDGAR ↗TAFI prospectus with the expense ratio (SEC) ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, CGSM against TAFI, data as of Oct 9, 2026. https://etfiq.com/compare/any/cgsm-vs-tafi

Open data

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