Xtrackers California Municipal Bond ETF (CA)
CA is a passive ETF by Xtrackers tracking the investment results of the ICE AMT-Free Broad Liquid California Municipal Index - Benchmark TR Gross. CA launched on Dec 13, 2023 and has a 0.07% expense ratio.
ETF Info
| Issuer | Xtrackers |
|---|---|
| Inception Date | Dec 13, 2023 |
| Category | Municipal Bonds |
| Leveraged | 1x |
| Index Tracked | ICE AMT-Free Broad Liquid California Municipal Index - Benchmark TR Gross |
| Asset Class | Bond |
Expense Ratio
CA has an expense ratio of 0.07%, which is considered low compared to other funds.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Xtrackers California Municipal Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.17% | 15.91% |
| 1 month | -0.38% | 3.41% |
| 6 months | 1.15% | 8.87% |
| 1 year | N/A | 22.44% |
| 5 years (annualized) | N/A | 13.23% |
| 10 years (annualized) | N/A | 10.69% |
Monthly Returns
The table below presents the monthly returns of CA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.12% | -0.30% | -0.08% | -1.26% | -0.29% | 1.47% | 0.90% | 0.46% | 1.17% | ||||
| 2023 | 0.79% | 0.79% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Xtrackers California Municipal Bond ETF (CA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Xtrackers California Municipal Bond ETF granted a 1.93% dividend yield in the last twelve months. The annual payout for that period amounted to $0.49 per share.
| Period | TTM |
|---|---|
| Dividend | $0.49 |
Dividend yield | 1.93% |
Monthly Dividends
The table displays the monthly dividend distributions for Xtrackers California Municipal Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Xtrackers California Municipal Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Xtrackers California Municipal Bond ETF was 2.47%, occurring on May 29, 2024. Recovery took 44 trading sessions.
The current Xtrackers California Municipal Bond ETF drawdown is 0.38%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.47% | Feb 2, 2024 | 81 | May 29, 2024 | 44 | Aug 1, 2024 | 125 |
| -1% | Jan 9, 2024 | 10 | Jan 23, 2024 | 6 | Jan 31, 2024 | 16 |
| -0.95% | Aug 6, 2024 | 4 | Aug 9, 2024 | — | — | — |
| -0.26% | Dec 28, 2023 | 6 | Jan 5, 2024 | 1 | Jan 8, 2024 | 7 |
| -0.04% | Dec 22, 2023 | 1 | Dec 22, 2023 | 1 | Dec 26, 2023 | 2 |
Volatility
Volatility Chart
The current Xtrackers California Municipal Bond ETF volatility is 0.80%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.