CATF vs CEV

Comparison between AMERICAN CENTURY CALIFORNIA MUNICIPAL BOND ETF (CATF, ETF) and Eaton Vance California Municipal Income Trust (CEV, ETF).

CATF vs CEV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CATF(ETF)	CEV(ETF)
Net Assets	$78M	$78M
Expense Ratio	0.27%	N/A
Max Drawdown	6.21%	61.83%
Sharpe Ratio	1.22	1.06
5Y Beta	0.03	0.13
5Y Dividends CAGR	N/A	2.84%

Net Assets

CATF

$78M

Winner

CEV

$78M

Expense Ratio

CATF

0.27%

CEV

N/A

Max Drawdown

Winner

CATF

6.21%

CEV

61.83%

Sharpe Ratio

Winner

CATF

1.22

CEV

1.06

5Y Beta

Winner

CATF

0.03

CEV

0.13

5Y Dividends CAGR

CATF

N/A

CEV

2.84%

CATF vs CEV - Historical Returns

Returns include dividend reinvestment.

Period	CATF	CEV
1 month	+0.56%	+0.87%
3 months	+1.11%	-0.14%
6 months	+2.19%	+3.85%
1 year	+7.38%	+14.15%
5 years(CAGR)	N/A	-0.61%
10 years(CAGR)	N/A	+1.55%
Max(CAGR)	+3.38%	+5.11%

CATF

+0.56%

Winner

CEV

+0.87%

Winner

CATF

+1.11%

CEV

-0.14%

CATF

+2.19%

Winner

CEV

+3.85%

CATF

+7.38%

Winner

CEV

+14.15%

5Y(CAGR)

CATF

N/A

CEV

-0.61%

10Y(CAGR)

CATF

N/A

CEV

+1.55%

Max(CAGR)

CATF

+3.38%

Winner

CEV

+5.11%

CATF vs CEV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CATF	CEV
2026	+1.80%	+5.50%
2025	+3.52%	+5.19%
2024	+0.66%	+1.93%
2023	N/A	+8.06%
2022	N/A	-24.31%
2021	N/A	+2.98%
2020	N/A	+6.21%
2019	N/A	+25.02%
2018	N/A	-4.89%
2017	N/A	+2.64%
2016	N/A	-3.39%
2015	N/A	+7.78%
2014	N/A	+22.63%
2013	N/A	-17.98%
2012	N/A	+16.53%
2011	N/A	+23.43%
2010	N/A	+4.71%
2009	N/A	+60.06%
2008	N/A	-39.27%
2007	N/A	-7.13%
2006	N/A	+12.80%
2005	N/A	-2.30%
2004	N/A	+7.28%
2003	N/A	+15.22%
2002	N/A	+5.14%
2001	N/A	+21.58%
2000	N/A	+13.59%
1999	N/A	-7.78%

CATF vs CEV Drawdown Comparison

The maximum drawdown for CATF was -4.83%, occurring on Apr 11, 2025. Recovery took 189 trading sessions.

The maximum drawdown for CEV was -58.45%, occurring on Dec 16, 2008. Recovery took 764 trading sessions.

The current CATF drawdown is -0.53%. The current CEV drawdown is -8.97%.

Rank	CATF	CEV
#1	-4.83% Dec 6, 2024 - Sep 11, 2025	-58.45% May 21, 2007 - Jun 2, 2010
#2	-2.77% Feb 27, 2026 - Mar 27, 2026	-32.99% Nov 12, 2021 - Oct 31, 2022
#3	-2.32% Oct 1, 2024 - Dec 2, 2024	-26.49% Feb 12, 2013 - Jan 29, 2015
#4	-0.83% Aug 2, 2024 - Sep 6, 2024	-25.93% Feb 19, 2020 - Jul 31, 2020
#5	-0.76% Sep 16, 2025 - Oct 13, 2025	-19.14% Apr 6, 2016 - Aug 2, 2019
#6	-0.60% Nov 28, 2025 - Jan 6, 2026	-18.74% Sep 7, 2010 - Aug 22, 2011
#7	-0.57% Oct 27, 2025 - Nov 26, 2025	-14.62% Nov 9, 1999 - Apr 12, 2000
#8	-0.38% Jul 18, 2024 - Jul 29, 2024	-14.25% Apr 13, 2000 - Aug 21, 2000
#9	-0.33% Jan 15, 2026 - Jan 21, 2026	-13.63% Mar 17, 2004 - Sep 14, 2004
#10	-0.23% Feb 10, 2026 - Feb 12, 2026	-12.41% Jul 2, 2003 - Dec 19, 2003
#11	-0.17% Sep 16, 2024 - Sep 27, 2024	-11.73% Oct 8, 2002 - May 14, 2003
#12	-0.15% Dec 2, 2024 - Dec 4, 2024	-11.55% Feb 14, 2005 - Mar 1, 2006
#13	-0.14% Jan 21, 2026 - Jan 29, 2026	-11.18% May 11, 2006 - Dec 1, 2006
#14	-0.12% Feb 5, 2026 - Feb 9, 2026	-10.25% Nov 12, 2001 - Feb 6, 2002
#15	-0.10% Sep 27, 2024 - Oct 1, 2024	-9.96% Feb 7, 2001 - Aug 1, 2001

Correlation

Correlation between CATF and CEV is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (1999 - 2026)

CATF vs CEV dividend yield comparison.

Year	CATF	CEV
2026	1.52%	2.91%
2025	3.40%	5.98%
2024	1.32%	5.58%
2023	0.00%	4.14%
2022	0.00%	5.24%
2021	0.00%	4.17%
2020	0.00%	4.00%
2019	0.00%	3.95%
2018	0.00%	4.25%
2017	0.00%	4.01%
2016	0.00%	4.81%
2015	0.00%	5.46%
2014	0.00%	5.75%
2013	0.00%	7.07%
2012	0.00%	5.84%
2011	0.00%	6.78%
2010	0.00%	7.57%
2009	0.00%	6.69%
2008	0.00%	8.81%
2007	0.00%	5.06%
2006	0.00%	4.87%
2005	0.00%	6.29%
2004	0.00%	6.81%
2003	0.00%	6.34%
2002	0.00%	6.71%
2001	0.00%	5.33%
2000	0.00%	5.99%
1999	0.00%	1.16%