Capital Group California Core Municipal Fund (CCCMX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CCCMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CCCMX
CCCMX charges 0.27% annually. There are 51 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | CCCMX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | CCCMX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | CCCMX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | CCCMX vs FSMUX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | 0.07% | — | Dec 2017 | CCCMX vs FGNSX |
Best Risk-Adjusted Alternatives to CCCMX
CCCMX has a PortfoliosLab risk / return rank of 63. There are 278 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | CCCMX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | CCCMX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | CCCMX vs DFCMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | CCCMX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | CCCMX vs DFSMX |
Top Performing CCCMX Alternatives (YTD)
CCCMX is at 0.51% YTD. There are 457 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.27% | — | Apr 1998 | CCCMX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 8.40% | — | Nov 2002 | CCCMX vs NRK | |
| Nuveen Virginia Quality Municipal Income Fund | 7.07% | — | Mar 1993 | CCCMX vs NPV | |
| AllianceBernstein National Municipal Income Fund | 6.29% | — | Nov 2001 | CCCMX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.83% | — | Oct 1992 | CCCMX vs MIY |
Lowest Volatility Alternatives to CCCMX
CCCMX has 1.74% 1-year volatility. There are 71 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | CCCMX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | CCCMX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | CCCMX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | CCCMX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | CCCMX vs DFSMX |
Lowest Drawdown Alternatives to CCCMX
CCCMX has a 1-year max drawdown of -2.37%. There are 121 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | CCCMX vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | CCCMX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | CCCMX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | CCCMX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | CCCMX vs FHMIX |
Other Mutual Funds from Capital Group
The 5 most viewed Capital Group mutual funds shown here include RFNGX, HIMFX, AHMFX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Funds Fundamental Investors Fund Class R6 | Large Cap Growth Equities | 78 | 15.27% | — | May 2009 | CCCMX vs RFNGX | |
| American High-Income Municipal Bond Fund Class F-3 | High Yield Muni | 76 | 2.18% | — | Jan 2017 | CCCMX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | High Yield Muni | 75 | 2.13% | — | Aug 2008 | CCCMX vs AHMFX | |
| Capital Group California Short-Term Municipal Fund | Municipal Bonds | 77 | 0.58% | — | Apr 2010 | CCCMX vs CCSTX | |
| American Funds Fundamental Investors Fund Class R2 | Large Cap Blend Equities | 73 | 14.75% | — | May 2002 | CCCMX vs RFNBX |
Often Compared With CCCMX
Investors most often compare CCCMX with DCARX, DMREX, FMBIX. These 9 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | Municipal Bonds | 96 | 2.03% | — | Oct 2017 | CCCMX vs DCARX | |
| DFA Municipal Real Return Portfolio | Municipal Bonds | 95 | 2.14% | — | Nov 2014 | CCCMX vs DMREX | |
| Fidelity Municipal Bond Index Fund | Municipal Bonds | — | — | 0.00 | Jul 2019 | CCCMX vs FMBIX | |
| Nuveen Pennsylvania Quality Municipal Income | Municipal Bonds | — | — | — | Feb 1991 | CCCMX vs NQP | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 24 | 4.25% | — | Feb 1998 | CCCMX vs MUC | |
| BlackRock MuniYield Pennsylvania Quality Fund | Municipal Bonds | 26 | 4.52% | — | Nov 1992 | CCCMX vs MPA | |
| BlackRock MuniYield Quality Fund | Municipal Bonds | 16 | 3.73% | — | Jul 1992 | CCCMX vs MQY | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 47 | 1.61% | — | Jun 2012 | CCCMX vs FXIEX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 46 | 5.16% | — | Mar 1998 | CCCMX vs MUJ |
Compare CCCMX with Any Fund or Stock
Compare CCCMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CCCMX with funds that move differently
Capital Group California Core Municipal Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CCCMX.
Explore CCCMX Diversifiers