CMF vs PWZ

Both CMF and PWZ are ETFs. CMF has a lower 5-year return than PWZ (3.61% vs 4.65%). CMF has a lower expense ratio than PWZ (0.25% vs 0.28%). Below is the comparison between CMF and PWZ.

CMF PWZ
Security Type ETF ETF
Segment Fixed Income: California - Municipals Investment Grade Fixed Income: California - Municipals Investment Grade
Family BlackRock Invesco PowerShares
Net Assets $1.91B $564.60M
Expense Ratio 0.25% 0.28%
Management Style passive (index-based) passive (index-based)
Dividend Yield 1.64% 2.28%
Underlying Index S&P California AMT-Free Municipal Bond Index BofA ML California Long-Term Core Plus Municipal Securities Index
YTD Return 0.46% 1.56%
1-Year Return 0.75% 2.13%
3-Year Return 4.66% 5.69%
5-Year Return 3.61% 4.65%
10-Year Return 3.83% 4.66%

CMF description

The Fund seeks to track the investment results of the Index, which measures the performance of the investment-grade segment of the California municipal bond market. The Index is comprised of municipal bonds issued in California and adheres to the methodology of the S&P National AMT-Free Municipal Bond Index.

CMF performance & returns

YTD Return 0.46%
1-Month Return 0.94%
3-Month Return -0.16%
1-Year Return 0.75%
3-Year Return 4.66%
5-Year Return 3.61%
10-Year Return 3.83%
CMF expense ratio is 0.25%.

CMF holdings

Top 10 Holdings (3.67% of Total Assets)

Name Symbol % Assets
BlackRock Liquidity CA Money Instl MUCXX 0.62%
BAY AREA TOLL AUTH CALIF TOLL BRDG REV 5% N/A 0.60%
LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5% N/A 0.57%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5% N/A 0.56%
SAN DIEGO CALIF CMNTY COLLEGE DIST 5% N/A 0.50%
CALIFORNIA ST 5% N/A 0.41%
ORANGE CNTY CALIF WTR DIST REV CTFS PARTN 2% N/A 0.41%

Other relevant CMF comparisons

You may also want to check out the following CMF comparisons that investors often look for on Finny

Or use Finny Compare Wizard to create a comparison you’d like to see.

PWZ description

The Fund seeks to track the investment results of the ICE BofAML California Long-Term Core Plus Municipal Securities Index. The Fund generally will invest at least 80% of its total assets in municipal securities that comprise the Underlying Index and that also are exempt from the federal alternative minimum tax ("AMT").

PWZ performance & returns

YTD Return 1.56%
1-Month Return 1.11%
3-Month Return -0.06%
1-Year Return 2.13%
3-Year Return 5.69%
5-Year Return 4.65%
10-Year Return 4.66%
PWZ expense ratio is 0.28%.

PWZ holdings

Top 10 Holdings (24.15% of Total Assets)

Name Symbol % Assets
CALIFORNIA HEALTH FACS FING AUTH REV 4% N/A 5.70%
SAN DIEGO CALIF UNI SCH DIST 5% N/A 3.66%
SAN MATEO FOSTER CITY CALIF PUB FING AUTH WASTEWATER REV 5% N/A 3.14%
LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5% N/A 2.98%
METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5% N/A 2.02%
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% N/A 1.87%
LOS ANGELES CNTY CALIF MET TRANSN AUTH SALES TAX REV 5% N/A 1.79%
SACRAMENTO CALIF TRANSIENT OCCUPANCY TAX REV 5% N/A 1.51%
LOS ANGELES CALIF DEPT WTR & PWR REV 5% N/A 1.48%

Other relevant PWZ comparisons

You may also want to check out the following PWZ comparisons that investors often look for on Finny

Or use Finny Compare Wizard to create a comparison you’d like to see.

You can check out all comparisons Finny users have looked for here. Feel free to the browse the list and view the comparisons that are of an interest to you.