TOTL vs CMF

Comparison between SPDR DOUBLELINE TOTAL RETURN TACTICAL ETF (TOTL, ETF) and ISHARES CALIFORNIA MUNI BOND ETF (CMF, ETF).

5-Year PerformanceTOTL has outperformed CMF, delivering a return of +0.7% compared to +0.6%

TOTL vs CMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TOTL(ETF)	CMF(ETF)
Net Assets	$4.20B	$4.30B
Expense Ratio	0.55%	0.08%
Max Drawdown	25.48%	22.81%
Sharpe Ratio	0.23	0.62
5Y Beta	0.02	0.03
5Y Dividends CAGR	10.60%	11.08%

Net Assets

TOTL

$4.20B

Winner

CMF

$4.30B

Expense Ratio

TOTL

0.55%

Winner

CMF

0.08%

Max Drawdown

TOTL

25.48%

Winner

CMF

22.81%

Sharpe Ratio

TOTL

0.23

Winner

CMF

0.62

5Y Beta

Winner

TOTL

0.02

CMF

0.03

5Y Dividends CAGR

TOTL

10.60%

Winner

CMF

11.08%

TOTL vs CMF - Historical Returns

Returns include dividend reinvestment.

Period	TOTL	CMF
1 month	-0.64%	-0.14%
3 months	-1.39%	-0.98%
6 months	-0.14%	+0.75%
1 year	+4.84%	+5.76%
5 years(CAGR)	+0.69%	+0.64%
10 years(CAGR)	+1.66%	+1.69%
Max(CAGR)	+1.71%	+3.27%

TOTL

-0.64%

Winner

CMF

-0.14%

TOTL

-1.39%

Winner

CMF

-0.98%

TOTL

-0.14%

Winner

CMF

+0.75%

TOTL

+4.84%

Winner

CMF

+5.76%

5Y(CAGR)

Winner

TOTL

+0.69%

CMF

+0.64%

10Y(CAGR)

TOTL

+1.66%

Winner

CMF

+1.69%

Max(CAGR)

TOTL

+1.71%

Winner

CMF

+3.27%

TOTL vs CMF - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	TOTL	CMF
2026	-0.52%	+0.31%
2025	+7.65%	+3.22%
2024	+3.51%	+1.78%
2023	+5.14%	+5.24%
2022	-11.37%	-8.18%
2021	-0.98%	+0.77%
2020	+3.42%	+4.50%
2019	+7.11%	+7.01%
2018	+0.95%	+0.92%
2017	+3.49%	+4.69%
2016	+2.64%	-0.37%
2015	-0.28%	+3.00%
2014	N/A	+10.66%
2013	N/A	-3.23%
2012	N/A	+7.34%
2011	N/A	+15.75%
2010	N/A	-2.55%
2009	N/A	+8.14%
2008	N/A	+0.64%
2007	N/A	+1.37%

TOTL vs CMF Drawdown Comparison

The maximum drawdown for TOTL was -16.48%, occurring on Nov 7, 2022. Recovery took 1001 trading sessions.

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

The current TOTL drawdown is -2.14%. The current CMF drawdown is -1.49%.

Rank	TOTL	CMF
#1	-16.48% Sep 2, 2021 - Aug 29, 2025	-16.45% Dec 26, 2014 - Feb 20, 2020
#2	-7.29% Mar 6, 2020 - Jul 30, 2020	-14.57% Mar 9, 2020 - Jul 16, 2020
#3	-3.29% Sep 29, 2016 - Apr 18, 2017	-13.25% May 21, 2008 - Jan 7, 2009
#4	-3.04% Sep 5, 2017 - Jan 3, 2019	-12.46% Aug 3, 2021 - Sep 18, 2025
#5	-2.79% Feb 27, 2026 - Mar 27, 2026	-11.65% Sep 1, 2010 - Aug 2, 2011
#6	-1.99% Jan 27, 2021 - Sep 2, 2021	-10.57% Nov 30, 2012 - Apr 10, 2014
#7	-1.41% Oct 4, 2019 - Jan 3, 2020	-5.15% Jan 22, 2008 - May 21, 2008
#8	-1.35% Oct 14, 2015 - Feb 8, 2016	-4.75% Apr 27, 2009 - Aug 17, 2009
#9	-1.31% Sep 4, 2019 - Oct 3, 2019	-4.19% Sep 24, 2009 - Apr 27, 2010
#10	-1.22% Apr 20, 2015 - Oct 2, 2015	-3.80% Apr 18, 2012 - Sep 28, 2012
#11	-1.13% Aug 6, 2020 - Dec 11, 2020	-3.05% Jan 14, 2009 - Feb 9, 2009
#12	-1.00% Oct 22, 2025 - Nov 25, 2025	-2.91% Feb 27, 2026 - Mar 24, 2026
#13	-0.94% Jun 26, 2017 - Aug 1, 2017	-2.89% Sep 22, 2011 - Dec 8, 2011
#14	-0.80% Feb 24, 2015 - Mar 23, 2015	-2.72% Feb 11, 2009 - Mar 24, 2009
#15	-0.77% Nov 26, 2025 - Dec 29, 2025	-2.18% Feb 12, 2021 - Jun 11, 2021

Correlation

Correlation between TOTL and CMF is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2007 - 2026)

TOTL vs CMF dividend yield comparison.

Year	TOTL	CMF
2026	1.66%	0.98%
2025	5.23%	2.94%
2024	5.35%	2.78%
2023	4.85%	2.29%
2022	4.68%	1.91%
2021	3.07%	1.58%
2020	2.91%	1.80%
2019	3.31%	2.03%
2018	3.41%	2.17%
2017	3.00%	2.09%
2016	3.25%	2.21%
2015	2.67%	2.55%
2014	0.00%	2.80%
2013	0.00%	3.12%
2012	0.00%	3.08%
2011	0.00%	3.66%
2010	0.00%	4.19%
2009	0.00%	3.77%
2008	0.00%	3.52%
2007	0.00%	0.82%