CMF vs QLTY
Comparison between ISHARES CALIFORNIA MUNI BOND ETF (CMF, ETF) and GMO U.S. QUALITY ETF (QLTY, ETF).
CMF vs QLTY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
CMF
$4.40B
Winner
QLTY
$4.50B
Expense Ratio
Winner
CMF
0.08%
QLTY
0.50%
Max Drawdown
CMF
22.81%
Winner
QLTY
17.13%
Sharpe Ratio
CMF
0.95
Winner
QLTY
1.52
5Y Beta
Winner
CMF
0.04
QLTY
0.88
P/E Ratio
CMF
N/A
QLTY
26.62
Forward P/E
CMF
N/A
QLTY
21.80
PEG Ratio
CMF
N/A
QLTY
0.85
5Y Dividends CAGR
CMF
9.81%
QLTY
N/A
5Y EPS CAGR
CMF
N/A
QLTY
18.29%
Debt to Equity
CMF
N/A
QLTY
53.15%
P/S Ratio
CMF
N/A
QLTY
3.03
P/B Ratio
CMF
N/A
QLTY
5.97
CMF vs QLTY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
CMF
+1.32%
QLTY
-1.19%
3M
CMF
+1.51%
Winner
QLTY
+10.62%
6M
CMF
+1.33%
Winner
QLTY
+4.84%
1Y
CMF
+6.50%
Winner
QLTY
+23.43%
5Y(CAGR)
CMF
+0.74%
QLTY
N/A
10Y(CAGR)
CMF
+2.00%
QLTY
N/A
Max(CAGR)
CMF
+5.03%
Winner
QLTY
+20.84%
CMF vs QLTY - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | CMF | QLTY |
|---|---|---|
| 2026 | +1.14% | +5.07% |
| 2025 | +3.22% | +21.37% |
| 2024 | +1.78% | +21.61% |
| 2023 | +5.24% | +5.68% |
| 2022 | -8.18% | N/A |
| 2021 | +0.77% | N/A |
| 2020 | +4.50% | N/A |
| 2019 | +7.01% | N/A |
| 2018 | +0.92% | N/A |
| 2017 | +6.37% | N/A |
| 2016 | +1.78% | N/A |
| 2015 | +5.68% | N/A |
| 2014 | +13.86% | N/A |
| 2013 | -0.24% | N/A |
| 2012 | +10.71% | N/A |
| 2011 | +20.28% | N/A |
| 2010 | +1.29% | N/A |
| 2009 | +12.33% | N/A |
| 2008 | +4.20% | N/A |
| 2007 | +2.20% | N/A |
CMF vs QLTY Drawdown Comparison
The maximum drawdown for CMF was -15.91%, occurring on Dec 29, 2014. Recovery took 1070 trading sessions.
The maximum drawdown for QLTY was -17.00%, occurring on Apr 8, 2025. Recovery took 89 trading sessions.
The current CMF drawdown is -0.68%. The current QLTY drawdown is -2.89%.
| Rank | CMF | QLTY |
|---|---|---|
| #1 | -15.91% Dec 26, 2014 - Mar 29, 2019 | -17.00% Feb 19, 2025 - Jun 27, 2025 |
| #2 | -14.57% Mar 9, 2020 - Jul 16, 2020 | -11.71% Jan 12, 2026 - May 5, 2026 |
| #3 | -12.78% Sep 11, 2008 - Nov 5, 2008 | -7.03% Jul 16, 2024 - Aug 30, 2024 |
| #4 | -12.46% Aug 3, 2021 - Sep 18, 2025 | -4.36% Oct 14, 2024 - Dec 2, 2024 |
| #5 | -10.76% Oct 8, 2010 - May 16, 2011 | -4.35% Oct 27, 2025 - Nov 25, 2025 |
| #6 | -9.53% May 20, 2013 - Jan 17, 2014 | -4.24% Mar 27, 2024 - May 10, 2024 |
| #7 | -7.09% Nov 6, 2008 - Jan 5, 2009 | -4.17% Dec 4, 2024 - Jan 23, 2025 |
| #8 | -4.86% Jan 22, 2008 - Apr 11, 2008 | -3.31% Aug 30, 2024 - Sep 13, 2024 |
| #9 | -4.03% May 6, 2009 - Aug 11, 2009 | -3.29% May 22, 2024 - Jun 11, 2024 |
| #10 | -3.88% Dec 5, 2012 - Mar 1, 2013 | -3.05% Oct 6, 2025 - Oct 20, 2025 |
| #11 | -3.80% Apr 18, 2012 - Aug 1, 2012 | -2.97% Jul 25, 2025 - Aug 13, 2025 |
| #12 | -3.78% Oct 7, 2009 - Mar 2, 2010 | -2.89% Jun 15, 2026 - Jun 23, 2026 |
| #13 | -3.68% May 21, 2008 - Sep 3, 2008 | -2.55% May 29, 2026 - Jun 15, 2026 |
| #14 | -3.05% Jan 14, 2009 - Feb 9, 2009 | -2.49% Dec 11, 2025 - Dec 24, 2025 |
| #15 | -2.91% Feb 27, 2026 - Mar 24, 2026 | -1.94% Sep 22, 2025 - Oct 1, 2025 |
Correlation
Correlation between CMF and QLTY is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.
0.91
-101
Dividend Comparison (2007 - 2026)
CMF vs QLTY dividend yield comparison.
| Year | CMF | QLTY |
|---|---|---|
| 2026 | 1.22% | 0.15% |
| 2025 | 2.94% | 0.73% |
| 2024 | 2.78% | 0.79% |
| 2023 | 2.29% | 0.15% |
| 2022 | 1.91% | 0.00% |
| 2021 | 1.58% | 0.00% |
| 2020 | 1.80% | 0.00% |
| 2019 | 2.03% | 0.00% |
| 2018 | 2.17% | 0.00% |
| 2017 | 3.67% | 0.00% |
| 2016 | 4.42% | 0.00% |
| 2015 | 5.11% | 0.00% |
| 2014 | 5.61% | 0.00% |
| 2013 | 6.23% | 0.00% |
| 2012 | 6.16% | 0.00% |
| 2011 | 7.33% | 0.00% |
| 2010 | 8.39% | 0.00% |
| 2009 | 7.54% | 0.00% |
| 2008 | 7.03% | 0.00% |
| 2007 | 1.63% | 0.00% |
Select Stocks to Compare
Popular: CMF vs SPYQLTY vs SPY
More Comparisons
Compare with similar stocks