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CALI vs BAB

iShares Short-Term California Muni Active ETF vs Invesco Taxable Municipal Bond ETF

CALI

iShares Short-Term California Muni Active ETF

iShares

Annual cost

0.20%

Fund size

$295M

BAB

Invesco Taxable Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$1.0B

Key differences

  • CALI costs 0.08% less per year.
  • BAB is significantly larger than CALI — larger funds tend to be more liquid and less likely to close.
  • BAB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CALIBAB
Annual cost (TER)0.20%0.28%
Fund size (AUM)$295M$1.0B
Since20232009
Dividend yield2.55%4.05%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+3.0%+7.7%
CAGR 3YN/A+4.0%
CAGR 5YN/A-0.4%
Sharpe 3YN/A0.08
Volatility 1Y0.76%5.97%
Max drawdown-0.78%-27.80%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CALI and BAB