GOVZ vs CALI

Comparison between ISHARES 25+ YEAR TREASURY STRIPS BOND ETF (GOVZ, ETF) and BlackRock Short-Term California Muni Bond ETF (CALI, ETF).

GOVZ vs CALI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GOVZ(ETF)	CALI(ETF)
Net Assets	$294M	$295M
Expense Ratio	0.10%	0.20%
Max Drawdown	66.13%	1.08%
Sharpe Ratio	-0.07	-0.89
5Y Beta	0.10	0.01
5Y Dividends CAGR	17.73%	N/A

Net Assets

GOVZ

$294M

Winner

CALI

$295M

Expense Ratio

Winner

GOVZ

0.10%

CALI

0.20%

Max Drawdown

GOVZ

66.13%

Winner

CALI

1.08%

Sharpe Ratio

Winner

GOVZ

-0.07

CALI

-0.89

5Y Beta

GOVZ

0.10

Winner

CALI

0.01

5Y Dividends CAGR

GOVZ

17.73%

CALI

N/A

GOVZ vs CALI - Historical Returns

Returns include dividend reinvestment.

Period	GOVZ	CALI
1 month	+0.64%	+0.31%
3 months	-4.59%	+0.34%
6 months	-2.70%	+1.18%
1 year	+0.84%	+3.01%
5 years(CAGR)	-11.53%	N/A
Max(CAGR)	-13.59%	+3.13%

Winner

GOVZ

+0.64%

CALI

+0.31%

GOVZ

-4.59%

Winner

CALI

+0.34%

GOVZ

-2.70%

Winner

CALI

+1.18%

GOVZ

+0.84%

Winner

CALI

+3.01%

5Y(CAGR)

GOVZ

-11.53%

CALI

N/A

Max(CAGR)

GOVZ

-13.59%

Winner

CALI

+3.13%

GOVZ vs CALI - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	GOVZ	CALI
2026	-0.69%	+0.93%
2025	-2.00%	+3.26%
2024	-15.35%	+2.84%
2023	-1.66%	+1.97%
2022	-38.84%	N/A
2021	-4.48%	N/A
2020	-5.61%	N/A

GOVZ vs CALI Drawdown Comparison

The maximum drawdown for GOVZ was -59.65%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for CALI was -0.78%, occurring on Apr 11, 2025. Recovery took 35 trading sessions.

The current GOVZ drawdown is -56.47%.

Rank	GOVZ	CALI
#1	-59.65% Sep 24, 2020 - Oct 19, 2023	-0.78% Apr 4, 2025 - May 27, 2025
#2	N/A	-0.67% Feb 27, 2026 - May 28, 2026
#3	N/A	-0.45% Sep 13, 2023 - Nov 3, 2023
#4	N/A	-0.32% Dec 2, 2024 - Jan 15, 2025
#5	N/A	-0.31% Mar 20, 2024 - May 2, 2024
#6	N/A	-0.24% Jan 9, 2024 - Feb 1, 2024
#7	N/A	-0.23% Mar 3, 2025 - Apr 1, 2025
#8	N/A	-0.22% Jan 17, 2025 - Jan 31, 2025
#9	N/A	-0.22% Oct 3, 2024 - Nov 4, 2024
#10	N/A	-0.19% Sep 17, 2025 - Oct 10, 2025
#11	N/A	-0.18% Nov 5, 2024 - Nov 8, 2024
#12	N/A	-0.17% Jan 15, 2025 - Jan 17, 2025
#13	N/A	-0.16% Jun 6, 2024 - Jun 12, 2024
#14	N/A	-0.16% Nov 8, 2024 - Nov 15, 2024
#15	N/A	-0.15% Jul 23, 2024 - Jul 30, 2024

Correlation

Correlation between GOVZ and CALI is -0.50 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.50

-101