CA vs. MYMG
CA (Xtrackers California Municipal Bond ETF) and MYMG (State Street My2027 Municipal Bond ETF) are both Municipal Bonds funds. CA is passively managed, while MYMG is actively managed. Over the past year, CA returned 6.72% vs 3.40% for MYMG. Their 0.56 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.20% expense ratio.
Performance
CA vs. MYMG - Performance Comparison
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Returns By Period
In the year-to-date period, CA achieves a 1.20% return, which is significantly lower than MYMG's 1.29% return.
CA
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.89%
- YTD
- 1.20%
- 1Y
- 6.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 2.51%
MYMG
- 1D
- 0.16%
- 1M
- -0.13%
- 6M
- 0.88%
- YTD
- 1.29%
- 1Y
- 3.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $4.72K | |
| $4.76K | $6.88K | $12.43K |
CA vs. MYMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CA Xtrackers California Municipal Bond ETF | 1.20% | 3.05% | -0.38% |
MYMG State Street My2027 Municipal Bond ETF | 1.29% | 2.64% | -0.26% |
Correlation
The correlation between CA and MYMG is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024 | 0.56 |
The correlation between CA and MYMG shifts across timeframes, from 0.44 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CA vs. MYMG — Risk / Return Rank
CA
MYMG
CA vs. MYMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers California Municipal Bond ETF (CA) and State Street My2027 Municipal Bond ETF (MYMG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CA | MYMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.75 | 2.21 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 9.55 | -6.93 |
| Martin ratioReturn relative to average drawdown | 9.55 | 29.01 | -19.46 |
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Drawdowns
CA vs. MYMG - Drawdown Comparison
The maximum CA drawdown since its inception was -5.24%, which is greater than MYMG's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for CA and MYMG.
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Drawdown Indicators
| CA | MYMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.24% | -2.31% | -2.93% |
Max Drawdown (1Y)Largest decline over 1 year | -2.57% | -0.36% | -2.21% |
Current DrawdownCurrent decline from peak | -0.75% | -0.13% | -0.62% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -0.31% | -0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.70% | 0.12% | +0.58% |
Volatility
CA vs. MYMG - Volatility Comparison
The current volatility for Xtrackers California Municipal Bond ETF (CA) is 0.00%, while State Street My2027 Municipal Bond ETF (MYMG) has a volatility of 0.36%. This indicates that CA experiences smaller price fluctuations and is considered to be less risky than MYMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CA | MYMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 0.36% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 1.73% | 0.67% | +1.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.38% | 0.83% | +1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.87% | 1.97% | +1.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.87% | 1.97% | +1.90% |
CA vs. MYMG - Expense Ratio Comparison
Both CA and MYMG have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
CA vs. MYMG - Dividend Comparison
CA's dividend yield for the trailing twelve months is around 2.69%, less than MYMG's 2.86% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CA Xtrackers California Municipal Bond ETF | 2.69% | 3.14% | 3.03% |
MYMG State Street My2027 Municipal Bond ETF | 2.86% | 3.03% | 0.89% |
Frequently Asked Questions
CA and MYMG have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MYMG has higher volatility (0.36%) compared to CA (0.00%). In terms of maximum drawdown, CA dropped -5.24% vs MYMG's -2.31%.
On 1-year performance, CA leads with 6.72% vs 3.40% for MYMG. Both ETFs have the same 0.20% expense ratio. On volatility, CA has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CA has performed better with a 6.72% return vs 3.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CA and MYMG have the same expense ratio: 0.20% per year.
MYMG has the higher dividend yield at 2.86%, compared with 2.69% for CA.
They also come from different issuers: Xtrackers and State Street.
MYMG currently has the higher Sharpe Ratio (4.11 vs 2.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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