CMF vs ILF

Comparison between ISHARES CALIFORNIA MUNI BOND ETF (CMF, ETF) and ISHARES LATIN AMERICA 40 ETF (ILF, ETF).

5-Year PerformanceILF has outperformed CMF, delivering a return of +11.7% compared to +0.6%

CMF vs ILF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CMF(ETF)	ILF(ETF)
Net Assets	$4.10B	$4.20B
Expense Ratio	0.08%	0.47%
Max Drawdown	22.81%	74.37%
Sharpe Ratio	0.72	1.96
5Y Beta	0.03	0.74
P/E Ratio	N/A	8.70
Forward P/E	N/A	8.57
PEG Ratio	N/A	0.07
5Y Dividends CAGR	11.08%	19.36%
P/S Ratio	N/A	0.44
P/B Ratio	N/A	1.94

Net Assets

CMF

$4.10B

Winner

ILF

$4.20B

Expense Ratio

Winner

CMF

0.08%

ILF

0.47%

Max Drawdown

Winner

CMF

22.81%

ILF

74.37%

Sharpe Ratio

CMF

0.72

Winner

ILF

1.96

5Y Beta

Winner

CMF

0.03

ILF

0.74

P/E Ratio

CMF

N/A

ILF

8.70

Forward P/E

CMF

N/A

ILF

8.57

PEG Ratio

CMF

N/A

ILF

0.07

5Y Dividends CAGR

CMF

11.08%

Winner

ILF

19.36%

P/S Ratio

CMF

N/A

ILF

0.44

P/B Ratio

CMF

N/A

ILF

1.94

CMF vs ILF - Historical Returns

Returns include dividend reinvestment.

Period	CMF	ILF
1 month	+0.35%	-0.98%
3 months	-0.46%	-0.82%
6 months	+1.19%	+23.38%
1 year	+6.02%	+51.12%
5 years(CAGR)	+0.64%	+11.71%
10 years(CAGR)	+1.73%	+8.97%
Max(CAGR)	+3.29%	+9.72%

Winner

CMF

+0.35%

ILF

-0.98%

Winner

CMF

-0.46%

ILF

-0.82%

CMF

+1.19%

Winner

ILF

+23.38%

CMF

+6.02%

Winner

ILF

+51.12%

5Y(CAGR)

CMF

+0.64%

Winner

ILF

+11.71%

10Y(CAGR)

CMF

+1.73%

Winner

ILF

+8.97%

Max(CAGR)

CMF

+3.29%

Winner

ILF

+9.72%

CMF vs ILF - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	CMF	ILF
2026	+0.58%	+18.16%
2025	+3.22%	+51.14%
2024	+1.78%	-22.04%
2023	+5.24%	+39.42%
2022	-8.18%	+10.78%
2021	+0.77%	-13.42%
2020	+4.50%	-13.86%
2019	+7.01%	+8.55%
2018	+0.92%	-9.62%
2017	+4.69%	+22.96%
2016	-0.37%	+35.67%
2015	+3.00%	-29.60%
2014	+10.66%	-9.26%
2013	-3.23%	-14.14%
2012	+7.34%	+2.87%
2011	+15.75%	-19.20%
2010	-2.55%	+11.86%
2009	+8.14%	+81.68%
2008	+0.64%	-46.65%
2007	+1.37%	+48.27%
2006	N/A	+35.75%
2005	N/A	+57.21%
2004	N/A	+36.32%
2003	N/A	+59.61%
2002	N/A	-22.32%
2001	N/A	+15.28%

CMF vs ILF Drawdown Comparison

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

The maximum drawdown for ILF was -67.48%, occurring on Nov 20, 2008. Recovery took 4399 trading sessions.

The current CMF drawdown is -1.23%. The current ILF drawdown is -4.38%.

Rank	CMF	ILF
#1	-16.45% Dec 26, 2014 - Feb 20, 2020	-67.48% May 19, 2008 - Nov 11, 2025
#2	-14.57% Mar 9, 2020 - Jul 16, 2020	-41.99% Apr 17, 2002 - Oct 13, 2003
#3	-13.25% May 21, 2008 - Jan 7, 2009	-29.84% May 9, 2006 - Nov 29, 2006
#4	-12.46% Aug 3, 2021 - Sep 18, 2025	-22.76% Apr 5, 2004 - Sep 16, 2004
#5	-11.65% Sep 1, 2010 - Aug 2, 2011	-22.25% Jul 23, 2007 - Sep 26, 2007
#6	-10.57% Nov 30, 2012 - Apr 10, 2014	-17.62% Oct 31, 2007 - Feb 25, 2008
#7	-5.15% Jan 22, 2008 - May 21, 2008	-13.37% Mar 7, 2005 - Jun 15, 2005
#8	-4.75% Apr 27, 2009 - Aug 17, 2009	-12.76% Feb 14, 2007 - Apr 3, 2007
#9	-4.19% Sep 24, 2009 - Apr 27, 2010	-12.67% Feb 25, 2026 - Apr 10, 2026
#10	-3.80% Apr 18, 2012 - Sep 28, 2012	-12.59% Oct 3, 2005 - Nov 17, 2005
#11	-3.05% Jan 14, 2009 - Feb 9, 2009	-12.23% Feb 27, 2008 - Apr 16, 2008
#12	-2.91% Feb 27, 2026 - Mar 24, 2026	-8.83% Mar 1, 2004 - Apr 5, 2004
#13	-2.89% Sep 22, 2011 - Dec 8, 2011	-8.33% Jan 26, 2004 - Mar 1, 2004
#14	-2.72% Feb 11, 2009 - Mar 24, 2009	-8.19% Mar 3, 2006 - Apr 18, 2006
#15	-2.18% Feb 12, 2021 - Jun 11, 2021	-7.04% Apr 21, 2008 - May 5, 2008

Correlation

Correlation between CMF and ILF is -0.06 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.06

-101

Dividend Comparison (2001 - 2026)

CMF vs ILF dividend yield comparison.

Year	CMF	ILF
2026	0.98%	0.00%
2025	2.94%	4.39%
2024	2.78%	7.44%
2023	2.29%	4.61%
2022	1.91%	12.72%
2021	1.58%	8.47%
2020	1.80%	1.88%
2019	2.03%	3.09%
2018	2.17%	3.12%
2017	2.09%	1.80%
2016	2.21%	1.59%
2015	2.55%	3.25%
2014	2.80%	2.32%
2013	3.12%	3.32%
2012	3.08%	2.59%
2011	3.66%	3.30%
2010	4.19%	2.18%
2009	3.77%	1.57%
2008	3.52%	4.23%
2007	0.82%	1.39%
2006	0.00%	1.92%
2005	0.00%	1.38%
2004	0.00%	1.17%
2003	0.00%	1.26%
2002	0.00%	2.52%
2001	0.00%	0.56%