iSharesMuni Single StateCALI · Nasdaq

iShares Short-Term California Muni Active ETF (CALI)

Compare Muni Single State ETFs Compare with others

Price: $50.26; —30 Oct 2026
Assets: $560M; Total net assets
Expense ratio: 0.20%; Category 0.62%
Yield: 2.54%; Trailing distributions

1Y return: 1.9%+1.7%; Category 0.1%
3Y CAGR: 3.2%-1.0%; Category 4.1%
5Y CAGR: —; Category -0.0%

Loading NAV history…

iShares Short-Term California Muni Active ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+1.1%	+0.4%	+0.8%	+1.4%	+1.9%	+3.2%	—	—	+2.9%
Muni Single State average	3.4%	-0.9%	-1.3%	-0.3%	0.1%	4.1%	-0.0%	1.6%	1.2%
Difference	-2.2%	+1.3%	+2.1%	+1.7%	+1.7%	-1.0%	—	—	+1.7%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA0.9%
AA51.7%
A47.3%
BBB0.1%

Asset mix

Bonds93.9%
Cash6.1%

ETF details

Issuer: iShares
Category: Fixed Income · Muni Single State
Ticker: CALI
Exchange: Nasdaq
Inception: 11 Jul 2023 (3.3 years)
Structure: Exchange Traded Fund
Expense ratio: 0.20% (category 0.62%)
Holdings turnover: 52% (category 46%)
Distribution yield: 2.54%
Beta, 3 years: 0.17
Total net assets: $560M
Average duration: 3.81 years
Average maturity: 10.02 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other muni single state ETFs

Other ETFs in the Muni Single State category.

Compare Muni Single State ETFs