ETF comparison
CMF vs ITM
Both US Municipal Bond.
iShares California Muni Bond ETF · VanEck Intermediate Muni ETF
Holdings overlap
46 positions appear in both funds. Buying equal dollars of CMF and ITM would leave roughly 3.0% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
CMF is 10 bps cheaper than ITM. On a $100,000 position that's about $100/yr more in fees for ITM.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with CMF vs ITM.
Top shared holdings
46 shared in total| # | Holding | In CMF | In ITM | Overlap |
|---|---|---|---|---|
| 1 | State of California | 0.36% | 0.30% | 0.30% |
| 2 | State of California | 0.26% | 0.45% | 0.26% |
| 3 | State of California | 0.30% | 0.14% | 0.14% |
| 4 | State of California | 0.14% | 0.13% | 0.13% |
| 5 | Los Angeles Department of Water & Power | 0.11% | 0.20% | 0.11% |
| 6 | State of California | 0.17% | 0.10% | 0.10% |
| 7 | California State Public Works Board | 0.11% | 0.10% | 0.10% |
| 8 | State of California | 0.11% | 0.10% | 0.10% |
| 9 | State of California | 0.09% | 0.24% | 0.09% |
| 10 | City of Los Angeles Department of Airports | 0.08% | 0.10% | 0.08% |
| 11 | State of California | 0.24% | 0.08% | 0.08% |
| 12 | Orange County Local Transportation Authority Sales Tax | 0.08% | 0.07% | 0.07% |
Only in CMF
1,576 total- Los Angeles Unified School District 0.50%
- University of California 0.49%
- Bay Area Toll Authority 0.46%
- California Educational Facilities Authority 0.44%
- Los Angeles Unified School District 0.44%
- Eastern Municipal Water District 0.44%
- California State University 0.42%
- University of California 0.42%
- State of California 0.38%
- Bay Area Toll Authority 0.37%
Only in ITM
1,323 total- New Jersey Educational Facilities Authority 0.53%
- California Community Choice Financing Authority 0.50%
- California Community Choice Financing Authority 0.44%
- Connecticut State Health & Educational Facilities Authority 0.39%
- California Community Choice Financing Authority 0.37%
- Kentucky Public Energy Authority 0.29%
- New York City Municipal Water Finance Authority 0.28%
- California Housing Finance Agency 0.28%
- Southeast Energy Authority A Cooperative District 0.27%
- New Hampshire Business Finance Authority 0.27%
Related comparisons
More comparisons with CMF
- CMF vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 1.8%
- CMF vs CGMU · Capital Group Municipal Income ETF 1.0%
- CMF vs JMUB · JPMorgan Municipal ETF 0.3%
- CMF vs HYD · VanEck High Yield Muni ETF 0.2%
- CMF vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 0.2%
- CMF vs JMST · JPMorgan Ultra-Short Municipal Income ETF 0.1%
More comparisons with ITM
- ITM vs NYF · iShares New York Muni Bond ETF 1.5%
- ITM vs PZA · Invesco National AMT-Free Municipal Bond ETF 1.5%
- ITM vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- ITM vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- ITM vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
- ITM vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
Percentages are holdings overlap with the named fund.
Open CMF or ITM at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.