CALI vs HYBB
Comparison between BlackRock Short-Term California Muni Bond ETF (CALI, ETF) and ISHARES BB RATED CORPORATE BOND ETF (HYBB, ETF).
CALI vs HYBB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
CALI
$406M
HYBB
$404M
Expense Ratio
Winner
CALI
0.20%
HYBB
0.25%
Max Drawdown
Winner
CALI
1.08%
HYBB
18.98%
Sharpe Ratio
CALI
-1.68
Winner
HYBB
0.56
5Y Beta
Winner
CALI
0.01
HYBB
0.22
5Y Dividends CAGR
CALI
N/A
HYBB
16.18%
CALI vs HYBB - Historical Returns
Returns include dividend reinvestment.
1M
CALI
+0.07%
Winner
HYBB
+0.26%
3M
CALI
+0.45%
Winner
HYBB
+0.60%
6M
CALI
+0.81%
Winner
HYBB
+1.37%
1Y
CALI
+2.54%
Winner
HYBB
+5.56%
5Y(CAGR)
CALI
N/A
HYBB
+3.41%
Max(CAGR)
CALI
+3.04%
Winner
HYBB
+4.11%
CALI vs HYBB - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | CALI | HYBB |
|---|---|---|
| 2026 | +1.06% | +1.80% |
| 2025 | +3.26% | +8.71% |
| 2024 | +2.84% | +6.69% |
| 2023 | +1.97% | +10.38% |
| 2022 | N/A | -10.05% |
| 2021 | N/A | +3.60% |
| 2020 | N/A | +4.28% |
CALI vs HYBB Drawdown Comparison
The maximum drawdown for CALI was -0.78%, occurring on Apr 11, 2025. Recovery took 35 trading sessions.
The maximum drawdown for HYBB was -15.28%, occurring on Sep 27, 2022. Recovery took 631 trading sessions.
The current CALI drawdown is -0.05%. The current HYBB drawdown is -0.30%.
| Rank | CALI | HYBB |
|---|---|---|
| #1 | -0.78% Apr 4, 2025 - May 27, 2025 | -15.28% Sep 15, 2021 - Mar 20, 2024 |
| #2 | -0.67% Feb 27, 2026 - May 28, 2026 | -4.01% Mar 7, 2025 - May 12, 2025 |
| #3 | -0.45% Sep 13, 2023 - Nov 3, 2023 | -2.72% Feb 12, 2021 - Jun 2, 2021 |
| #4 | -0.32% Dec 2, 2024 - Jan 15, 2025 | -2.48% Feb 20, 2026 - Apr 14, 2026 |
| #5 | -0.31% Mar 20, 2024 - May 2, 2024 | -2.12% Mar 27, 2024 - May 3, 2024 |
| #6 | -0.24% Jan 9, 2024 - Feb 1, 2024 | -1.82% Dec 6, 2024 - Jan 27, 2025 |
| #7 | -0.23% Mar 3, 2025 - Apr 1, 2025 | -1.82% Oct 12, 2020 - Nov 4, 2020 |
| #8 | -0.22% Jan 17, 2025 - Jan 31, 2025 | -1.40% Sep 27, 2024 - Nov 29, 2024 |
| #9 | -0.22% Oct 3, 2024 - Nov 4, 2024 | -1.04% Apr 17, 2026 - May 28, 2026 |
| #10 | -0.19% Sep 17, 2025 - Oct 10, 2025 | -0.97% Oct 1, 2025 - Oct 24, 2025 |
| #11 | -0.18% Nov 5, 2024 - Nov 8, 2024 | -0.96% Oct 27, 2025 - Nov 25, 2025 |
| #12 | -0.17% Jan 15, 2025 - Jan 17, 2025 | -0.91% May 15, 2024 - Jun 3, 2024 |
| #13 | -0.16% Jun 6, 2024 - Jun 12, 2024 | -0.90% Jul 31, 2024 - Aug 13, 2024 |
| #14 | -0.16% Nov 8, 2024 - Nov 15, 2024 | -0.81% Jul 7, 2021 - Jul 23, 2021 |
| #15 | -0.15% Jul 23, 2024 - Jul 30, 2024 | -0.76% Jul 3, 2025 - Jul 23, 2025 |
Correlation
Correlation between CALI and HYBB is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
Dividend Comparison (2020 - 2026)
CALI vs HYBB dividend yield comparison.
| Year | CALI | HYBB |
|---|---|---|
| 2026 | 1.20% | 3.05% |
| 2025 | 2.62% | 6.08% |
| 2024 | 3.14% | 6.22% |
| 2023 | 1.37% | 6.28% |
| 2022 | 0.00% | 5.04% |
| 2021 | 0.00% | 3.86% |
| 2020 | 0.00% | 0.76% |
Select Stocks to Compare
Popular: CALI vs SPYHYBB vs SPY
More Comparisons
Compare with similar stocks