EFAX vs JCAL

Comparison between STATE STREET(R) SPDR(R) MSCI EAFE FOSSIL FUEL RESERVES FREE ETF (EFAX, ETF) and JPMorgan California Tax Free Bond ETF (JCAL, ETF).

EFAX vs JCAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EFAX(ETF)	JCAL(ETF)
Net Assets	$504M	$502M
Expense Ratio	0.20%	0.34%
Max Drawdown	36.22%	2.48%
Sharpe Ratio	0.87	-3.34
5Y Beta	0.76	0.09
5Y Dividends CAGR	15.30%	N/A

Net Assets

Winner

EFAX

$504M

JCAL

$502M

Expense Ratio

Winner

EFAX

0.20%

JCAL

0.34%

Max Drawdown

EFAX

36.22%

Winner

JCAL

2.48%

Sharpe Ratio

Winner

EFAX

0.87

JCAL

-3.34

5Y Beta

EFAX

0.76

Winner

JCAL

0.09

5Y Dividends CAGR

EFAX

15.30%

JCAL

N/A

EFAX vs JCAL - Historical Returns

Returns include dividend reinvestment.

Period	EFAX	JCAL
1 month	+5.13%	+0.23%
3 months	+4.95%	N/A
6 months	+4.15%	N/A
1 year	+19.87%	N/A
5 years(CAGR)	+9.60%	N/A
10 years(CAGR)	+11.23%	N/A
Max(CAGR)	+11.23%	-5.16%

Winner

EFAX

+5.13%

JCAL

+0.23%

EFAX

+4.95%

JCAL

N/A

EFAX

+4.15%

JCAL

N/A

EFAX

+19.87%

JCAL

N/A

5Y(CAGR)

EFAX

+9.60%

JCAL

N/A

10Y(CAGR)

EFAX

+11.23%

JCAL

N/A

Max(CAGR)

Winner

EFAX

+11.23%

JCAL

-5.16%

EFAX vs JCAL - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	EFAX	JCAL
2026	+12.13%	-1.02%
2025	+31.59%	N/A
2024	+5.91%	N/A
2023	+17.25%	N/A
2022	-14.78%	N/A
2021	+13.05%	N/A
2020	+10.56%	N/A
2019	+27.73%	N/A
2018	-12.67%	N/A
2017	+27.56%	N/A
2016	+0.82%	N/A

EFAX vs JCAL Drawdown Comparison

The maximum drawdown for EFAX was -32.53%, occurring on Mar 18, 2020. Recovery took 205 trading sessions.

The maximum drawdown for JCAL was -2.04%, occurring on Jul 23, 2026. This drawdown has not yet recovered.

The current EFAX drawdown is -0.24%. The current JCAL drawdown is -1.68%.

Rank	EFAX	JCAL
#1	-32.53% Jan 17, 2020 - Nov 9, 2020	-2.04% Jun 29, 2026 - Jul 23, 2026
#2	-29.55% Sep 7, 2021 - Jan 29, 2024	-0.12% Jun 18, 2026 - Jun 24, 2026
#3	-20.20% Jan 24, 2018 - Nov 4, 2019	-0.06% Jun 16, 2026 - Jun 18, 2026
#4	-13.52% Mar 19, 2025 - Apr 28, 2025	N/A
#5	-12.38% Feb 25, 2026 - Jun 15, 2026	N/A
#6	-9.89% Sep 26, 2024 - Mar 5, 2025	N/A
#7	-7.72% Jul 12, 2024 - Aug 19, 2024	N/A
#8	-5.59% Mar 27, 2024 - May 14, 2024	N/A
#9	-5.54% Nov 12, 2025 - Dec 11, 2025	N/A
#10	-5.15% Jun 15, 2021 - Aug 13, 2021	N/A
#11	-4.67% Jul 23, 2025 - Aug 13, 2025	N/A
#12	-4.35% Feb 16, 2021 - Apr 5, 2021	N/A
#13	-4.26% Jan 8, 2021 - Feb 9, 2021	N/A
#14	-4.08% Sep 15, 2017 - Dec 18, 2017	N/A
#15	-3.83% Aug 30, 2024 - Sep 19, 2024	N/A

Correlation

Correlation between EFAX and JCAL is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.56

-101

Dividend Comparison (2016 - 2026)

EFAX vs JCAL dividend yield comparison.

Year	EFAX	JCAL
2026	1.43%	0.56%
2025	3.31%	0.00%
2024	2.74%	0.00%
2023	2.71%	0.00%
2022	5.63%	0.00%
2021	5.17%	0.00%
2020	3.38%	0.00%
2019	5.41%	0.00%
2018	6.09%	0.00%
2017	5.79%	0.00%
2016	0.52%	0.00%