First TrustMuni Single StateFCAL · Nasdaq

First Trust California Municipal High Income ETF (FCAL)

Compare Muni Single State ETFs Compare with others

Price: $47.67; —30 Oct 2026
Assets: $210.4M; Total net assets
Expense ratio: 0.49%; Category 0.79%
Yield: 3.65%; Trailing distributions

1Y return: 0.1%0.0%; Category 0.1%
3Y CAGR: 4.1%0.0%; Category 4.1%
5Y CAGR: 0.3%+0.4%; Category -0.0%

Loading NAV history…

First Trust California Municipal High Income 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	+3.4%	-1.0%	-1.7%	-0.5%	+0.1%	+4.1%	+0.3%	—	+2.2%
Muni Single State average	3.4%	-0.9%	-1.3%	-0.3%	0.1%	4.1%	-0.0%	1.6%	1.2%
Difference	+0.1%	-0.2%	-0.3%	-0.2%	0.0%	0.0%	+0.4%	—	+1.0%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA5.2%
AA45.9%
A18.6%
BBB10.9%
BB1.8%
Other17.7%

Asset mix

Bonds98.6%
Cash1.4%

ETF details

Issuer: First Trust
Category: Fixed Income · Muni Single State
Ticker: FCAL
Exchange: Nasdaq
Inception: 20 Jun 2017 (9.4 years)
Structure: Exchange Traded Fund
Expense ratio: 0.49% (category 0.79%)
Holdings turnover: 28% (category 32%)
Distribution yield: 3.65%
Beta, 3 years: 0.88
Total net assets: $210.4M
Average duration: 4.84 years
Average maturity: 9.84 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