CMF vs SLYV

Comparison between ISHARES CALIFORNIA MUNI BOND ETF (CMF, ETF) and SPDR(R) S & P 600 SMALL CAP VALUE ETF (SLYV, ETF).

5-Year PerformanceSLYV has outperformed CMF, delivering a return of +5.8% compared to +0.6%

CMF vs SLYV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CMF(ETF)	SLYV(ETF)
Net Assets	$4.10B	$4.10B
Expense Ratio	0.08%	0.15%
Max Drawdown	22.81%	63.11%
Sharpe Ratio	0.72	1.78
5Y Beta	0.03	1.00
P/E Ratio	N/A	80.78
Forward P/E	N/A	13.14
5Y Dividends CAGR	11.08%	12.15%
5Y EPS CAGR	N/A	5.82%
Debt to Equity	N/A	49.67%
P/S Ratio	N/A	0.85
P/B Ratio	N/A	1.51

Net Assets

CMF

$4.10B

SLYV

$4.10B

Expense Ratio

Winner

CMF

0.08%

SLYV

0.15%

Max Drawdown

Winner

CMF

22.81%

SLYV

63.11%

Sharpe Ratio

CMF

0.72

Winner

SLYV

1.78

5Y Beta

Winner

CMF

0.03

SLYV

1.00

P/E Ratio

CMF

N/A

SLYV

80.78

Forward P/E

CMF

N/A

SLYV

13.14

5Y Dividends CAGR

CMF

11.08%

Winner

SLYV

12.15%

5Y EPS CAGR

CMF

N/A

SLYV

5.82%

Debt to Equity

CMF

N/A

SLYV

49.67%

P/S Ratio

CMF

N/A

SLYV

0.85

P/B Ratio

CMF

N/A

SLYV

1.51

CMF vs SLYV - Historical Returns

Returns include dividend reinvestment.

Period	CMF	SLYV
1 month	+0.35%	+6.05%
3 months	-0.46%	+3.17%
6 months	+1.19%	+18.38%
1 year	+6.02%	+39.46%
5 years(CAGR)	+0.64%	+5.83%
10 years(CAGR)	+1.73%	+10.42%
Max(CAGR)	+3.29%	+10.62%

CMF

+0.35%

Winner

SLYV

+6.05%

CMF

-0.46%

Winner

SLYV

+3.17%

CMF

+1.19%

Winner

SLYV

+18.38%

CMF

+6.02%

Winner

SLYV

+39.46%

5Y(CAGR)

CMF

+0.64%

Winner

SLYV

+5.83%

10Y(CAGR)

CMF

+1.73%

Winner

SLYV

+10.42%

Max(CAGR)

CMF

+3.29%

Winner

SLYV

+10.62%

CMF vs SLYV - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	CMF	SLYV
2026	+0.58%	+13.37%
2025	+3.22%	+6.95%
2024	+1.78%	+7.71%
2023	+5.24%	+14.75%
2022	-8.18%	-12.49%
2021	+0.77%	+32.09%
2020	+4.50%	+2.89%
2019	+7.01%	+22.93%
2018	+0.92%	-13.66%
2017	+4.69%	+10.65%
2016	-0.37%	+33.70%
2015	+3.00%	-6.11%
2014	+10.66%	+8.03%
2013	-3.23%	+36.44%
2012	+7.34%	+14.72%
2011	+15.75%	-3.60%
2010	-2.55%	+22.52%
2009	+8.14%	+34.31%
2008	+0.64%	-32.98%
2007	+1.37%	-4.23%
2006	N/A	+17.84%
2005	N/A	+7.43%
2004	N/A	+17.66%
2003	N/A	+40.39%
2002	N/A	-2.12%
2001	N/A	+15.20%
2000	N/A	+12.56%

CMF vs SLYV Drawdown Comparison

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

The maximum drawdown for SLYV was -61.18%, occurring on Mar 9, 2009. Recovery took 928 trading sessions.

The current CMF drawdown is -1.23%. The current SLYV drawdown is -0.26%.

Rank	CMF	SLYV
#1	-16.45% Dec 26, 2014 - Feb 20, 2020	-61.18% Jun 4, 2007 - Feb 7, 2011
#2	-14.57% Mar 9, 2020 - Jul 16, 2020	-47.71% Aug 22, 2018 - Jan 6, 2021
#3	-13.25% May 21, 2008 - Jan 7, 2009	-28.68% Nov 25, 2024 - Dec 10, 2025
#4	-12.46% Aug 3, 2021 - Sep 18, 2025	-27.05% May 3, 2002 - Jul 7, 2003
#5	-11.65% Sep 1, 2010 - Aug 2, 2011	-26.79% Jul 7, 2011 - Feb 1, 2012
#6	-10.57% Nov 30, 2012 - Apr 10, 2014	-24.16% Nov 5, 2021 - Jul 16, 2024
#7	-5.15% Jan 22, 2008 - May 21, 2008	-20.29% Jun 23, 2015 - Jul 11, 2016
#8	-4.75% Apr 27, 2009 - Aug 17, 2009	-18.33% Aug 21, 2001 - Dec 27, 2001
#9	-4.19% Sep 24, 2009 - Apr 27, 2010	-13.92% Mar 26, 2012 - Sep 7, 2012
#10	-3.80% Apr 18, 2012 - Sep 28, 2012	-12.61% Jun 8, 2021 - Nov 5, 2021
#11	-3.05% Jan 14, 2009 - Feb 9, 2009	-12.54% Apr 2, 2004 - Nov 4, 2004
#12	-2.91% Feb 27, 2026 - Mar 24, 2026	-11.21% Jul 3, 2014 - Nov 12, 2014
#13	-2.89% Sep 22, 2011 - Dec 8, 2011	-10.95% Dec 31, 2004 - Jun 17, 2005
#14	-2.72% Feb 11, 2009 - Mar 24, 2009	-10.41% Sep 14, 2012 - Jan 2, 2013
#15	-2.18% Feb 12, 2021 - Jun 11, 2021	-10.20% Mar 12, 2021 - Jun 1, 2021

Correlation

Correlation between CMF and SLYV is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2000 - 2026)

CMF vs SLYV dividend yield comparison.

Year	CMF	SLYV
2026	0.98%	0.40%
2025	2.94%	2.02%
2024	2.78%	2.30%
2023	2.29%	2.11%
2022	1.91%	1.47%
2021	1.58%	1.94%
2020	1.80%	1.40%
2019	2.03%	1.67%
2018	2.17%	2.14%
2017	2.09%	5.53%
2016	2.21%	2.18%
2015	2.55%	6.55%
2014	2.80%	7.50%
2013	3.12%	1.58%
2012	3.08%	2.01%
2011	3.66%	1.19%
2010	4.19%	1.99%
2009	3.77%	2.05%
2008	3.52%	3.74%
2007	0.82%	2.83%
2006	0.00%	2.22%
2005	0.00%	5.00%
2004	0.00%	5.85%
2003	0.00%	4.07%
2002	0.00%	3.55%
2001	0.00%	5.65%
2000	0.00%	0.79%