Skip to content
Beacon
Screener

CATF vs DFNM

American Century California Municipal Bond ETF vs Dimensional National Municipal Bond ETF

CATF

American Century California Municipal Bond ETF

American Century Investments

Annual cost

0.27%

Fund size

$75M

DFNM

Dimensional National Municipal Bond ETF

Dimensional Fund Advisors

Annual cost

0.17%

Fund size

$2.1B

Key differences

  • DFNM costs 0.10% less per year.
  • DFNM is significantly larger than CATF — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

CATFDFNM
Annual cost (TER)0.27%0.17%
Fund size (AUM)$75M$2.1B
Since20242021
Dividend yield3.55%2.92%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+7.0%+4.9%
CAGR 3YN/A+3.2%
CAGR 5YN/AN/A
Sharpe 3YN/A-0.16
Volatility 1Y3.14%1.77%
Max drawdown-4.83%-6.99%

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

Similar to CATF and DFNM