iShares Short-Term California Muni Active ETF

iShares Short-Term California Muni Active ETF

About

iShares Short-Term California Muni Active ETF (US0925288849) is a US-listed bond ETF tracking the Bloomberg California Municipal 0-2 Year Index. With a expense ratio of 0.2%, it is competitively priced, paying distributions. The fund holds 213 positions with 398M in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 8.5 Tracking Difference: 9.8 · TD Consistency: — · Expense Ratio: 5.5
Liquidity (25%) 7.1 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker CALI
ISIN
Fund Size $398.5M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Jul 2023
Base Currency USD
Index Bloomberg California Municipal 0-2 Year Index
Asset Class Bonds

Costs

8.5
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.20%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month —
3 Months —
6 Months —
1 Year +3.01%
3 Years —
5 Years —
10 Years —
YTD +0.86%
Since Inception +3.10%

Holdings

This fund invests into 213 individual investments.
#1
MODESTO CALIF WTR REV CTFS PAR
2.83%
#2
ORANGE CNTY CALIF WTR DIST REV
2.75%
#3
BAY AREA TOLL AUTH CALIF TOLL
2.59%
#4
CALIFORNIA ST
2.45%
#5
CALIFORNIA HSG FIN AGY LTD OBL
1.99%
#6
CALIFORNIA ST
1.62%
#7
CALIFORNIA POLLUTION CTL FING AUTH
1.61%
#8
CALIFORNIA CMNTY CHOICE FING A
1.59%
#9
CALIFORNIA POLLUTN CTL FING AU
1.49%
#10
SAN DIEGO CALIF LEASE 144A
1.48%
View all holdings (50)
# Holding Ticker Weight
1 MODESTO CALIF WTR REV CTFS PAR — 282.70%
2 ORANGE CNTY CALIF WTR DIST REV — 274.76%
3 BAY AREA TOLL AUTH CALIF TOLL — 258.60%
4 CALIFORNIA ST — 244.58%
5 CALIFORNIA HSG FIN AGY LTD OBL — 198.59%
6 CALIFORNIA ST — 162.23%
7 CALIFORNIA POLLUTION CTL FING AUTH — 160.51%
8 CALIFORNIA CMNTY CHOICE FING A — 158.95%
9 CALIFORNIA POLLUTN CTL FING AU — 149.13%
10 SAN DIEGO CALIF LEASE 144A — 148.46%
11 METROPOLITAN WTR DIST SOUTHN C — 145.46%
12 CALIFORNIA CMNTY CHOICE FING A — 142.22%
13 CALIFORNIA ST MUNI FIN AUTH — 138.43%
14 METROPOLITAN WTR DIST SOUTHN C — 138.06%
15 SAN FRANCISCO CALIF CITY & CNT — 126.43%
16 SOUTHERN CALIF PUB PWR AUTH RE — 125.48%
17 NORTHERN CALIF ENERGY AUTH COM — 124.82%
18 CALIFORNIA MUN PUB FING AUTH WTR — 124.27%
19 CALIFORNIA CMNTY CHOICE FING A — 124.24%
20 PASADENA CALIF 144A — 124.10%
21 CALIFORNIA ST MUNI FIN AUTH — 123.95%
22 CALIFORNIA ST — 123.27%
23 BAY AREA TOLL AUTH CALIF TOLL — 123.27%
24 SAN DIEGO CALIF PUB FACS FING 144A — 113.85%
25 CALIFORNIA CMNTY CHOICE FING A — 110.65%
26 CALIFORNIA EDUCATIONAL FACILITIES 144A — 105.91%
27 LOS ANGELES CA MUNICIPAL IMPT CORP — 99.04%
28 SAN DIEGO CITY PUB FACS WATER REV — 98.72%
29 SAN MATEO CNTY CALIF TRANSN AU — 98.62%
30 SAN DIEGO CNTY CA WTR AUTH — 98.61%
31 CALIFORNIA MUN PUB FING AUTH WTR — 98.54%
32 SOUTHERN CALIF PUB PWR AUTH PW — 93.69%
33 CALIFORNIA CMNTY CHOICE FING A — 92.81%
34 CAMPBELL CALIF UN SCH DIST — 92.27%
35 CALIFORNIA CMNTY CHOICE FING A — 91.69%
36 UNIVERSITY CALIF REVS FOR PREV — 88.77%
37 CALIFORNIA CMNTY CHOICE FING A — 81.44%
38 BAY AREA TOLL AUTH CALIF TOLL — 81.37%
39 CALIFORNIA CMNTY CHOICE FING A — 80.82%
40 SAN FRANCISCO CALIF CITY & CNT — 80.08%
41 RIVERSIDE CNTY CALIF — 75.77%
42 CALIFORNIA HOUSING FINANCE AGENCY — 74.20%
43 SAN DIEGO COUNTY REGIONAL TRANSPOR — 73.97%
44 SANTA CLARA VALLEY WATER — 73.91%
45 UNIVERSITY CALIF REVS — 71.50%
46 CALIFORNIA ST — 69.03%
47 CALIFORNIA HOUSING FINANCE AGENCY — 68.03%
48 SACRAMENTO CNTY CALIF ARPT SYS — 65.13%
49 CALIFORNIA CMNTY CHOICE FING A — 63.51%
50 LOS ANGELES CALIF — 63.48%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 10000.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
UNKNOWN 10000.00%
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