Skip to content
Beacon
Screener

NMB vs CALI

Simplify National Muni Bond ETF vs iShares Short-Term California Muni Active ETF

NMB

Simplify National Muni Bond ETF

Simplify Asset Management

Annual cost

0.52%

Fund size

$46M

CALI

iShares Short-Term California Muni Active ETF

iShares

Annual cost

0.20%

Fund size

$295M

Key differences

  • CALI costs 0.32% less per year.
  • CALI is significantly larger than NMB — larger funds tend to be more liquid and less likely to close.
  • NMB follows a active selection strategy; CALI uses index tracking.

Side-by-side comparison

NMBCALI
Annual cost (TER)0.52%0.20%
Fund size (AUM)$46M$295M
Since20242023
Dividend yield5.60%2.55%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.0%+3.0%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y8.41%0.76%
Max drawdown-13.69%-0.78%

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

Similar to NMB and CALI