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CFNTX vs. USMTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CFNTX vs. USMTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Green California Tax-Free Income Fund (CFNTX) and JPMorgan Ultra-Short Municipal Fund (USMTX). The values are adjusted to include any dividend payments, if applicable.

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CFNTX vs. USMTX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CFNTX
Green California Tax-Free Income Fund
-0.84%2.54%1.13%7.39%-6.28%-0.04%3.22%5.39%0.96%3.26%
USMTX
JPMorgan Ultra-Short Municipal Fund
0.32%2.96%3.30%3.46%-0.71%-0.05%1.07%2.01%1.32%0.88%

Returns By Period

In the year-to-date period, CFNTX achieves a -0.84% return, which is significantly lower than USMTX's 0.32% return.


CFNTX

1D
0.29%
1M
-2.42%
YTD
-0.84%
6M
0.15%
1Y
2.73%
3Y*
2.75%
5Y*
0.83%
10Y*
1.44%

USMTX

1D
0.00%
1M
-0.30%
YTD
0.32%
6M
0.91%
1Y
2.68%
3Y*
3.01%
5Y*
1.87%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CFNTX vs. USMTX - Expense Ratio Comparison

CFNTX has a 0.76% expense ratio, which is higher than USMTX's 0.24% expense ratio.


Return for Risk

CFNTX vs. USMTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CFNTX
CFNTX Risk / Return Rank: 3030
Overall Rank
CFNTX Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
CFNTX Sortino Ratio Rank: 2323
Sortino Ratio Rank
CFNTX Omega Ratio Rank: 4848
Omega Ratio Rank
CFNTX Calmar Ratio Rank: 2525
Calmar Ratio Rank
CFNTX Martin Ratio Rank: 2222
Martin Ratio Rank

USMTX
USMTX Risk / Return Rank: 9999
Overall Rank
USMTX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
USMTX Sortino Ratio Rank: 9999
Sortino Ratio Rank
USMTX Omega Ratio Rank: 9999
Omega Ratio Rank
USMTX Calmar Ratio Rank: 9999
Calmar Ratio Rank
USMTX Martin Ratio Rank: 9999
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CFNTX vs. USMTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Green California Tax-Free Income Fund (CFNTX) and JPMorgan Ultra-Short Municipal Fund (USMTX). 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.


CFNTXUSMTXDifference

Sharpe ratio

Return per unit of total volatility

0.73

3.97

-3.24

Sortino ratio

Return per unit of downside risk

0.96

7.18

-6.21

Omega ratio

Gain probability vs. loss probability

1.21

3.38

-2.17

Calmar ratio

Return relative to maximum drawdown

0.74

6.97

-6.23

Martin ratio

Return relative to average drawdown

2.44

37.45

-35.01

CFNTX vs. USMTX - Sharpe Ratio Comparison

The current CFNTX Sharpe Ratio is 0.73, which is lower than the USMTX Sharpe Ratio of 3.97. The chart below compares the historical Sharpe Ratios of CFNTX and USMTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CFNTXUSMTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.73

3.97

-3.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

2.62

-2.36

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

Sharpe Ratio (All Time)

Calculated using the full available price history

1.14

2.09

-0.95

Correlation

The correlation between CFNTX and USMTX is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

CFNTX vs. USMTX - Dividend Comparison

CFNTX's dividend yield for the trailing twelve months is around 2.51%, less than USMTX's 2.55% yield.


TTM20252024202320222021202020192018201720162015
CFNTX
Green California Tax-Free Income Fund
2.51%2.38%2.64%5.32%2.05%1.95%1.79%2.53%2.27%2.52%3.03%2.40%
USMTX
JPMorgan Ultra-Short Municipal Fund
2.55%2.62%3.05%2.58%0.89%0.25%0.76%1.49%1.31%0.78%0.00%0.00%

Drawdowns

CFNTX vs. USMTX - Drawdown Comparison

The maximum CFNTX drawdown since its inception was -16.08%, which is greater than USMTX's maximum drawdown of -1.98%. Use the drawdown chart below to compare losses from any high point for CFNTX and USMTX.


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Drawdown Indicators


CFNTXUSMTXDifference

Max Drawdown

Largest peak-to-trough decline

-16.08%

-1.98%

-14.10%

Max Drawdown (1Y)

Largest decline over 1 year

-4.16%

-0.40%

-3.76%

Max Drawdown (5Y)

Largest decline over 5 years

-9.99%

-1.92%

-8.07%

Max Drawdown (10Y)

Largest decline over 10 years

-9.99%

Current Drawdown

Current decline from peak

-2.42%

-0.30%

-2.12%

Average Drawdown

Average peak-to-trough decline

-2.10%

-0.19%

-1.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.26%

0.07%

+1.19%

Volatility

CFNTX vs. USMTX - Volatility Comparison

Green California Tax-Free Income Fund (CFNTX) has a higher volatility of 1.17% compared to JPMorgan Ultra-Short Municipal Fund (USMTX) at 0.22%. This indicates that CFNTX's price experiences larger fluctuations and is considered to be riskier than USMTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CFNTXUSMTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.17%

0.22%

+0.95%

Volatility (6M)

Calculated over the trailing 6-month period

1.56%

0.40%

+1.16%

Volatility (1Y)

Calculated over the trailing 1-year period

3.94%

0.70%

+3.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.20%

0.72%

+2.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.15%

0.75%

+2.40%