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 | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | CCCMX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | CCCMX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | CCCMX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | CCCMX vs FSMUX |
Best Risk-Adjusted Alternatives to CCCMX
CCCMX has a PortfoliosLab risk / return rank of 63. There are 397 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 | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | CCCMX vs ATOIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | CCCMX vs DFCMX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | CCCMX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | CCCMX vs DFSMX |
Top Performing CCCMX Alternatives (YTD)
CCCMX is at 0.70% YTD. There are 449 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.22% | — | Apr 1998 | CCCMX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.70% | — | Nov 2002 | CCCMX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.62% | — | Nov 2001 | CCCMX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 6.57% | — | Oct 1992 | CCCMX vs MIY | |
| Nuveen Virginia Quality Municipal Income Fund | 6.33% | — | Mar 1993 | CCCMX vs NPV |
Lowest Volatility Alternatives to CCCMX
CCCMX has 1.74% 1-year volatility. There are 74 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 | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | CCCMX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | CCCMX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | CCCMX vs USMTX | |
| 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 120 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 | |
| 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 | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | CCCMX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | CCCMX vs FHMIX |
Other Mutual Funds from Capital Group
The 6 most viewed Capital Group mutual funds shown here include AGTHX, RFNGX, HIMFX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Funds The Growth Fund of America Class A | Large Cap Growth Equities | 29 | 8.72% | — | Dec 1973 | CCCMX vs AGTHX | |
| American Funds Fundamental Investors Fund Class R6 | Large Cap Growth Equities | 70 | 14.40% | — | May 2009 | CCCMX vs RFNGX | |
| American High-Income Municipal Bond Fund Class F-3 | High Yield Muni | 80 | 2.51% | — | Jan 2017 | CCCMX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | High Yield Muni | 79 | 2.46% | — | Aug 2008 | CCCMX vs AHMFX | |
| American Funds Fundamental Investors Fund Class R2 | Large Cap Blend Equities | 63 | 13.83% | — | May 2002 | CCCMX vs RFNBX | |
| Capital Group California Short-Term Municipal Fund | Municipal Bonds | 76 | 0.78% | — | Apr 2010 | CCCMX vs CCSTX |
Often Compared With CCCMX
Investors most often compare CCCMX with DCARX, DMREX, MPA. These 8 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 | 94 | 1.84% | — | Oct 2017 | CCCMX vs DCARX | |
| DFA Municipal Real Return Portfolio | Municipal Bonds | 94 | 2.05% | — | Nov 2014 | CCCMX vs DMREX | |
| BlackRock MuniYield Pennsylvania Quality Fund | Municipal Bonds | 29 | 4.22% | — | Nov 1992 | CCCMX vs MPA | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | CCCMX vs FGNSX | |
| BlackRock MuniYield Quality Fund | Municipal Bonds | 21 | 4.72% | — | Jul 1992 | CCCMX vs MQY | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 36 | 5.84% | — | Feb 1998 | CCCMX vs MUC | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 78 | 1.81% | — | Jun 2012 | CCCMX vs FXIEX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 51 | 5.45% | — | 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