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CMF vs BAB

iShares California Muni Bond ETF vs Invesco Taxable Municipal Bond ETF

CMF

iShares California Muni Bond ETF

iShares

Annual cost

0.08%

Fund size

$4.3B

BAB

Invesco Taxable Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$1.0B

Key differences

  • CMF costs 0.20% less per year.
  • CMF is significantly larger than BAB — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, BAB has delivered higher annualized returns.

Side-by-side comparison

CMFBAB
Annual cost (TER)0.08%0.28%
Fund size (AUM)$4.3B$1.0B
Since20072009
Dividend yield2.96%4.05%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.8%+7.7%
CAGR 3Y+2.8%+4.0%
CAGR 5Y+0.5%-0.4%
Sharpe 3Y-0.170.08
Volatility 1Y2.81%5.97%
Max drawdown-14.57%-27.80%

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

Similar to CMF and BAB