MYMK vs. CALI
MYMK (SPDR SSGA My2031 Municipal Bond ETF) and CALI (iShares Short-Term California Muni Active ETF) are both Municipal Bonds funds. MYMK is actively managed, while CALI is passively managed. At a 0.34 correlation, their price movements are largely independent. MYMK charges 0.20%/yr vs 0.08%/yr for CALI.
Performance
MYMK vs. CALI - Performance Comparison
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Returns By Period
In the year-to-date period, MYMK achieves a 0.93% return, which is significantly lower than CALI's 0.99% return.
MYMK
- 1D
- -0.04%
- 1M
- 0.79%
- YTD
- 0.93%
- 6M
- 1.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CALI
- 1D
- -0.03%
- 1M
- 0.38%
- YTD
- 0.99%
- 6M
- 1.08%
- 1Y
- 2.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MYMK vs. CALI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MYMK SPDR SSGA My2031 Municipal Bond ETF | 0.93% | 0.65% |
CALI iShares Short-Term California Muni Active ETF | 0.99% | 0.45% |
Correlation
The correlation between MYMK and CALI is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025 | 0.34 |
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Return for Risk
MYMK vs. CALI — Risk / Return Rank
MYMK
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CALI
MYMK vs. CALI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA My2031 Municipal Bond ETF (MYMK) and iShares Short-Term California Muni Active ETF (CALI). 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.
| MYMK | CALI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.87 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.19 | — |
| Martin ratioReturn relative to average drawdown | — | 21.38 | — |
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Drawdowns
MYMK vs. CALI - Drawdown Comparison
The maximum MYMK drawdown since its inception was -2.22%, which is greater than CALI's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for MYMK and CALI.
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Drawdown Indicators
| MYMK | CALI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.22% | -0.78% | -1.44% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.67% | — |
Current DrawdownCurrent decline from peak | -0.90% | -0.04% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -0.61% | -0.08% | -0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.13% | — |
Volatility
MYMK vs. CALI - Volatility Comparison
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Volatility by Period
| MYMK | CALI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.19% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.52% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.92% | 0.75% | +1.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.92% | 1.10% | +0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.92% | 1.10% | +0.82% |
MYMK vs. CALI - Expense Ratio Comparison
MYMK has a 0.20% expense ratio, which is higher than CALI's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MYMK vs. CALI - Dividend Comparison
MYMK's dividend yield for the trailing twelve months is around 1.83%, less than CALI's 2.52% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CALI iShares Short-Term California Muni Active ETF | 2.52% | 2.62% | 3.14% | 1.37% |
MYMK SPDR SSGA My2031 Municipal Bond ETF | 1.83% | 0.77% | 0.00% | 0.00% |
Frequently Asked Questions
MYMK and CALI have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CALI is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CALI is cheaper with a 0.08% expense ratio, compared with 0.20% for MYMK.
CALI has the higher dividend yield at 2.52%, compared with 1.83% for MYMK.
They also come from different issuers: State Street and iShares. Their fees differ too: 0.20% for MYMK and 0.08% for CALI.
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