Franklin California Municipal Income ETF (FTCA) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FTCA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FTCA
FTCA charges 0.35% annually. There are 99 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.03% | 45.70B | Aug 2015 | FTCA vs VTEB | |
| Schwab Municipal Bond ETF | 0.03% | 3.87B | Oct 2022 | FTCA vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 178.36M | Jul 2019 | FTCA vs FMUN | |
| Northern Trust Tax-Exempt Bond ETF | 0.05% | 59.79M | Aug 2025 | FTCA vs TAXT | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 94.44M | Aug 2025 | FTCA vs TAXS |
Best Risk-Adjusted Alternatives to FTCA
Among 110 ETFs in the Municipal Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 98 | 9.88M | Sep 2024 | FTCA vs MYMG | |
| State Street My2026 Municipal Bond ETF | 96 | 8.74M | Sep 2024 | FTCA vs MYMF | |
| First Trust Ultra Short Duration Municipal ETF | 96 | 230.57M | Nov 2018 | FTCA vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 96 | 1.38B | Mar 2015 | FTCA vs MEAR | |
| iShares Short-Term California Muni Active ETF | 94 | 360.67M | Oct 2007 | FTCA vs CALI |
Top Performing FTCA Alternatives (YTD)
FTCA is at 2.32% YTD. There are 14 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 3.86%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 3.86% | 138.42M | Jun 2013 | FTCA vs RVNU | |
| Overlay Shares Municipal Bond ETF | 3.41% | 30.60M | Sep 2019 | FTCA vs OVM | |
| T. Rowe Price High Income Municipal ETF | 3.16% | 25.30M | Nov 2025 | FTCA vs THYM | |
| First Trust Flexible Municipal High Income ETF | 3.15% | 18.90M | Sep 2016 | FTCA vs MFLX | |
| SPDR Nuveen Bloomberg Barclays High Yield Municipa... | 2.87% | 2.93B | Apr 2011 | FTCA vs HYMB |
Lowest Volatility Alternatives to FTCA
FTCA has 3.48% 1-year volatility. There are 106 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Muni Bond ETF | 0.00% | 349.85M | Mar 2018 | FTCA vs IBMM | |
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 27.03M | Sep 2025 | FTCA vs ZMUN | |
| iShares iBonds Dec 2025 Term Muni Bond ETF | 0.71% | 348.98M | Nov 2018 | FTCA vs IBMN | |
| Allspring Ultra Short Municipal ETF | 0.73% | 30.06M | Jul 2025 | FTCA vs AUSM | |
| State Street My2026 Municipal Bond ETF | 0.75% | 8.74M | Sep 2024 | FTCA vs MYMF |
Lowest Drawdown Alternatives to FTCA
Among 110 ETFs in the Municipal Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 230.57M | Nov 2018 | FTCA vs FUMB | |
| iShares iBonds Dec 2025 Term Muni Bond ETF | -0.25% | 348.98M | Nov 2018 | FTCA vs IBMN | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.33% | 294.75M | Sep 2019 | FTCA vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 40.29M | Jul 2024 | FTCA vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 9.88M | Sep 2024 | FTCA vs MYMG |
Other ETFs from Franklin Templeton
The 10 most viewed Franklin Templeton ETFs shown here include LVHI, FLIN, FLKR and span 8 categories. AUM among these funds goes as high as $5B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | Volatility Hedged Equity, Dividend | 90 | 11.03% | 4.94B | Jul 2016 | FTCA vs LVHI | |
| Franklin FTSE India ETF | Asia Pacific Equities | 3 | -11.97% | 2.53B | Feb 2018 | FTCA vs FLIN | |
| Franklin FTSE South Korea ETF | Asia Pacific Equities | 91 | 75.41% | 1.06B | Nov 2017 | FTCA vs FLKR | |
| Legg Mason Low Volatility High Dividend ETF | Volatility Hedged Equity, Dividend | 38 | 8.83% | 581.01M | Dec 2015 | FTCA vs LVHD | |
| Franklin International Core Dividend Tilt Index ET... | Foreign Large Cap Equities | 48 | 8.85% | 2.55B | Jun 2016 | FTCA vs DIVI | |
| Franklin FTSE Japan ETF | Japan Equities | 48 | 12.80% | 3.79B | Nov 2017 | FTCA vs FLJP | |
| Franklin Responsibly Sourced Gold ETF | Precious Metals | 29 | -0.26% | 469.03M | Jun 2022 | FTCA vs FGDL | |
| Franklin FTSE China ETF | China Equities | 11 | -8.95% | 272.96M | Nov 2017 | FTCA vs FLCH | |
| Franklin FTSE Japan Hedged ETF | Japan Equities | 79 | 16.70% | 166.02M | Nov 2017 | FTCA vs FLJH | |
| Franklin Bitcoin ETF | Cryptocurrency | 2 | -31.15% | 426.34M | Jan 2024 | FTCA vs EZBC |
Compare FTCA with Any Fund or Stock
Compare FTCA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FTCA with funds that move differently
Franklin California Municipal Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FTCA.
Explore FTCA Diversifiers