Screener
FCAL vs CMF
First Trust California Municipal High Income ETF vs iShares California Muni Bond ETF
Key differences
Both FCAL and CMF are fixed income ETFs. FCAL charges 0.49% a year and CMF 0.08%. The main difference: FCAL follows a active selection strategy; CMF uses index tracking.
- FCAL follows a active selection strategy; CMF uses index tracking.
- CMF costs 0.41% less per year.
- CMF is much larger than FCAL. Larger funds are usually more liquid and less likely to close.
- CMF has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FCAL | CMF | |
|---|---|---|
| Annual cost (TER) | 0.49% | 0.08% |
| Fund size (AUM) | $220M | $4.4B |
| Since | 2017 | 2007 |
| Dividend yield | 3.33% | 2.96% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +7.0% | +6.6% |
| CAGR 3Y | +3.7% | +3.3% |
| CAGR 5Y | +0.7% | +0.7% |
| Sharpe 3Y | 0.03 | -0.06 |
| Volatility 1Y | 2.70% | 2.79% |
| Max drawdown | -14.81% | -14.57% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.