ETF comparison

CMFvsMUB

Both US Municipal Bond.

iShares California Muni Bond ETF · iShares National Muni Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
9.0%

605 positions appear in both funds. Buying equal dollars of CMF and MUB would leave roughly9.0%of each dollar exposed to the same underlying securities.

CMF only 90.5%Shared 9.0%MUB only 90.5%
In CMF only
1,018 positions
Shared
605 positions
In MUB only
6,049 positions

Side by side

CMF

iShares California Muni Bond ETF

iShares · US Municipal Bond

92composite / 100
Expense ratio
0.080%
Net assets
$4.63B
TTM yield
3.07%
Top-10 conc.
4.4%
MUB

iShares National Muni Bond ETF

iShares · US Municipal Bond

97composite / 100
Expense ratio
0.050%
Net assets
$45.38B
TTM yield
3.33%
Top-10 conc.
2.5%

Sub-score comparison

92
Cost
95
93
Tax efficiency
93
85
Liquidity
100
100
Concentration
100
Tracking quality
CMFsub-scoreMUB

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

MUB is 3 bps cheaper than CMF. On a $100,000 position that's about $30/yr more in fees for CMF.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with CMF vs MUB.

Top shared holdings

605 shared in total
#HoldingIn CMFIn MUBOverlap
1East County Advanced Water Purification Joint Powers Authority0.33%0.11%0.11%
2State of California0.17%0.11%0.11%
3San Diego Unified School District0.11%0.10%0.10%
4University of California0.10%0.09%0.09%
5University of California0.16%0.08%0.08%
6Foothill-Eastern Transportation Corridor Agency0.29%0.08%0.08%
7State of California0.10%0.08%0.08%
8Southern California Public Power Authority0.15%0.07%0.07%
9University of California0.16%0.07%0.07%
10Los Angeles Unified School District0.07%0.09%0.07%
11State of California0.19%0.06%0.06%
12City of Los Angeles0.21%0.06%0.06%

Only in CMF

1,018 total
  • University of California0.49%
  • Bay Area Toll Authority0.46%
  • California Educational Facilities Authority0.44%
  • Eastern Municipal Water District0.44%
  • Bay Area Toll Authority0.37%
  • Anaheim Housing & Public Improvements Authority0.33%
  • San Mateo County Transit District Sales Tax0.32%
  • Bay Area Toll Authority0.29%
  • San Francisco City & County Public Utilities Commission Wastewater0.28%
  • University of California0.27%

Only in MUB

6,049 total
  • Board of Regents of the University of Texas System0.19%
  • New York State Thruway Authority0.15%
  • San Antonio Water System0.14%
  • Triborough Bridge & Tunnel Authority0.14%
  • New York City Transitional Finance Authority Future Tax Secured0.13%
  • New York State Dormitory Authority0.13%
  • Ohio State University (The)0.13%
  • Houston Higher Education Finance Corp.0.13%
  • Northwest Independent School District0.13%
  • State of New Jersey0.13%

Open CMF or MUB 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 methodologyand 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.