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CALI vs MXI

Comparison between BlackRock Short-Term California Muni Bond ETF (CALI, ETF) and ISHARES GLOBAL MATERIALS ETF (MXI, ETF).

CALI vs MXI - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
CALI
$361M
Winner
MXI
$362M
Expense Ratio
Winner
CALI
0.20%
MXI
0.39%
Max Drawdown
Winner
CALI
1.08%
MXI
68.65%
Sharpe Ratio
CALI
-1.14
Winner
MXI
1.33
5Y Beta
Winner
CALI
0.01
MXI
0.81
5Y Dividends CAGR
CALI
N/A
MXI
9.33%

CALI vs MXI - Historical Returns

Returns include dividend reinvestment.

1M
CALI
+0.37%
Winner
MXI
+1.54%
3M
CALI
+0.49%
Winner
MXI
+8.69%
6M
CALI
+1.22%
Winner
MXI
+16.71%
1Y
CALI
+2.91%
Winner
MXI
+33.71%
5Y(CAGR)
CALI
N/A
MXI
+7.96%
10Y(CAGR)
CALI
N/A
MXI
+11.51%
Max(CAGR)
CALI
+3.11%
Winner
MXI
+6.69%

CALI vs MXI - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

YearCALIMXI
2026+0.99%+13.73%
2025+3.26%+27.65%
2024+2.84%-7.48%
2023+1.97%+14.37%
2022N/A-8.61%
2021N/A+13.65%
2020N/A+22.08%
2019N/A+22.32%
2018N/A-17.31%
2017N/A+29.31%
2016N/A+25.67%
2015N/A-16.71%
2014N/A-7.30%
2013N/A-0.41%
2012N/A+7.02%
2011N/A-20.83%
2010N/A+16.37%
2009N/A+56.48%
2008N/A-48.27%
2007N/A+39.00%
2006N/A+16.65%

CALI vs MXI Drawdown Comparison

The maximum drawdown for CALI was -0.78%, occurring on Apr 11, 2025. Recovery took 35 trading sessions.

The maximum drawdown for MXI was -68.44%, occurring on Nov 20, 2008. Recovery took 2431 trading sessions.

The current CALI drawdown is -0.01%. The current MXI drawdown is -4.46%.

RankCALIMXI
#1-0.78%
Apr 4, 2025 - May 27, 2025
-68.44%
May 19, 2008 - Jan 12, 2018
#2-0.67%
Feb 27, 2026 - May 28, 2026
-39.50%
Jan 26, 2018 - Aug 17, 2020
#3-0.45%
Sep 13, 2023 - Nov 3, 2023
-28.72%
Apr 1, 2022 - Mar 20, 2024
#4-0.32%
Dec 2, 2024 - Jan 15, 2025
-22.25%
Sep 26, 2024 - Sep 5, 2025
#5-0.31%
Mar 20, 2024 - May 2, 2024
-18.11%
Oct 29, 2007 - Apr 16, 2008
#6-0.24%
Jan 9, 2024 - Feb 1, 2024
-17.47%
Jul 23, 2007 - Sep 21, 2007
#7-0.23%
Mar 3, 2025 - Apr 1, 2025
-16.18%
Feb 27, 2026 - Mar 20, 2026
#8-0.22%
Jan 17, 2025 - Jan 31, 2025
-11.52%
May 7, 2021 - Mar 25, 2022
#9-0.22%
Oct 3, 2024 - Nov 4, 2024
-9.16%
Feb 26, 2007 - Mar 21, 2007
#10-0.19%
Sep 17, 2025 - Oct 10, 2025
-8.99%
May 20, 2024 - Sep 24, 2024
#11-0.18%
Nov 5, 2024 - Nov 8, 2024
-8.16%
Sep 15, 2020 - Nov 6, 2020
#12-0.17%
Jan 15, 2025 - Jan 17, 2025
-7.95%
Jan 7, 2021 - Mar 11, 2021
#13-0.16%
Jun 6, 2024 - Jun 12, 2024
-5.69%
Oct 12, 2007 - Oct 29, 2007
#14-0.16%
Nov 8, 2024 - Nov 15, 2024
-5.56%
Oct 20, 2025 - Nov 12, 2025
#15-0.15%
Jul 23, 2024 - Jul 30, 2024
-5.44%
Nov 12, 2025 - Nov 28, 2025

Correlation

Correlation between CALI and MXI is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80
-101

Dividend Comparison (2006 - 2026)

CALI vs MXI dividend yield comparison.

YearCALIMXI
20260.99%1.02%
20252.62%2.22%
20243.14%3.24%
20231.37%2.92%
20220.00%4.84%
20210.00%3.51%
20200.00%1.21%
20190.00%3.64%
20180.00%2.77%
20170.00%1.76%
20160.00%1.31%
20150.00%3.64%
20140.00%2.32%
20130.00%2.14%
20120.00%2.09%
20110.00%2.21%
20100.00%1.64%
20090.00%0.73%
20080.00%2.67%
20070.00%0.62%
20060.00%0.29%

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