CMF vs EDV

Comparison between ISHARES CALIFORNIA MUNI BOND ETF (CMF, ETF) and VANGUARD EXTENDED DURATION TREASURY INDEX FUND ETF SHARES (EDV, ETF).

5-Year PerformanceCMF has outperformed EDV, delivering a return of +0.6% compared to -9.5%

CMF vs EDV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CMF(ETF)	EDV(ETF)
Net Assets	$4.30B	$4.40B
Expense Ratio	0.08%	0.05%
Max Drawdown	22.81%	65.00%
Sharpe Ratio	0.62	-0.17
5Y Beta	0.03	0.10
5Y Dividends CAGR	11.08%	-15.25%

Net Assets

CMF

$4.30B

Winner

EDV

$4.40B

Expense Ratio

CMF

0.08%

Winner

EDV

0.05%

Max Drawdown

Winner

CMF

22.81%

EDV

65.00%

Sharpe Ratio

Winner

CMF

0.62

EDV

-0.17

5Y Beta

Winner

CMF

0.03

EDV

0.10

5Y Dividends CAGR

Winner

CMF

11.08%

EDV

-15.25%

CMF vs EDV - Historical Returns

Returns include dividend reinvestment.

Period	CMF	EDV
1 month	-0.14%	-2.60%
3 months	-0.98%	-5.87%
6 months	+0.75%	-6.79%
1 year	+5.76%	+1.13%
5 years(CAGR)	+0.64%	-9.54%
10 years(CAGR)	+1.69%	-3.22%
Max(CAGR)	+3.27%	+2.67%

Winner

CMF

-0.14%

EDV

-2.60%

Winner

CMF

-0.98%

EDV

-5.87%

Winner

CMF

+0.75%

EDV

-6.79%

Winner

CMF

+5.76%

EDV

+1.13%

5Y(CAGR)

Winner

CMF

+0.64%

EDV

-9.54%

10Y(CAGR)

Winner

CMF

+1.69%

EDV

-3.22%

Max(CAGR)

Winner

CMF

+3.27%

EDV

+2.67%

CMF vs EDV - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	CMF	EDV
2026	+0.31%	-1.88%
2025	+3.22%	+0.65%
2024	+1.78%	-11.90%
2023	+5.24%	-0.67%
2022	-8.18%	-37.20%
2021	+0.77%	-6.39%
2020	+4.50%	+22.12%
2019	+7.01%	+17.73%
2018	+0.92%	-1.95%
2017	+4.69%	+13.13%
2016	-0.37%	+0.12%
2015	+3.00%	-6.57%
2014	+10.66%	+43.90%
2013	-3.23%	-17.96%
2012	+7.34%	+4.50%
2011	+15.75%	+58.84%
2010	-2.55%	+10.90%
2009	+8.14%	-31.11%
2008	+0.64%	+50.57%
2007	+1.37%	+3.23%

CMF vs EDV Drawdown Comparison

The maximum drawdown for CMF was -16.45%, occurring on Jun 10, 2015. Recovery took 1295 trading sessions.

The maximum drawdown for EDV was -59.94%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current CMF drawdown is -1.49%. The current EDV drawdown is -55.08%.

Rank	CMF	EDV
#1	-16.45% Dec 26, 2014 - Feb 20, 2020	-59.94% Mar 9, 2020 - Oct 19, 2023
#2	-14.57% Mar 9, 2020 - Jul 16, 2020	-41.16% Dec 26, 2008 - Sep 21, 2011
#3	-13.25% May 21, 2008 - Jan 7, 2009	-29.70% Jul 24, 2012 - Dec 10, 2014
#4	-12.46% Aug 3, 2021 - Sep 18, 2025	-24.19% Jul 8, 2016 - Aug 1, 2019
#5	-11.65% Sep 1, 2010 - Aug 2, 2011	-23.47% Jan 30, 2015 - Jun 16, 2016
#6	-10.57% Nov 30, 2012 - Apr 10, 2014	-16.61% Oct 3, 2011 - Dec 19, 2011
#7	-5.15% Jan 22, 2008 - May 21, 2008	-15.59% Dec 19, 2011 - May 17, 2012
#8	-4.75% Apr 27, 2009 - Aug 17, 2009	-12.90% Jan 23, 2008 - Mar 20, 2008
#9	-4.19% Sep 24, 2009 - Apr 27, 2010	-12.32% Mar 20, 2008 - Sep 3, 2008
#10	-3.80% Apr 18, 2012 - Sep 28, 2012	-11.41% Aug 28, 2019 - Feb 21, 2020
#11	-3.05% Jan 14, 2009 - Feb 9, 2009	-10.57% Oct 27, 2008 - Nov 20, 2008
#12	-2.91% Feb 27, 2026 - Mar 24, 2026	-9.87% Sep 17, 2008 - Oct 6, 2008
#13	-2.89% Sep 22, 2011 - Dec 8, 2011	-8.45% Sep 22, 2011 - Oct 3, 2011
#14	-2.72% Feb 11, 2009 - Mar 24, 2009	-6.88% Oct 6, 2008 - Oct 23, 2008
#15	-2.18% Feb 12, 2021 - Jun 11, 2021	-6.24% Jun 1, 2012 - Jul 16, 2012

Correlation

Correlation between CMF and EDV is 0.73 which considered as a strong positive correlation - the stocks tend to move together.

0.73

-101

Dividend Comparison (2007 - 2026)

CMF vs EDV dividend yield comparison.

Year	CMF	EDV
2026	0.98%	1.22%
2025	2.94%	4.94%
2024	2.78%	4.65%
2023	2.29%	3.81%
2022	1.91%	3.28%
2021	1.58%	1.95%
2020	1.80%	5.54%
2019	2.03%	3.51%
2018	2.17%	2.90%
2017	2.09%	2.92%
2016	2.21%	5.32%
2015	2.55%	4.24%
2014	2.80%	3.12%
2013	3.12%	5.03%
2012	3.08%	7.54%
2011	3.66%	5.12%
2010	4.19%	4.67%
2009	3.77%	19.33%
2008	3.52%	2.61%
2007	0.82%	0.36%