The California AMT-Free Muni Bond ETF fund is an exchange traded fund (ETF) within the iShares family. There are at least 25 funds that are incredibly highly correlated with CMF.

Within the iShares family of funds, the most positively correlated other funds are National AMT-Free Muni Bond ETF, New York AMT-Free Muni Bond ETF, iBoxx $ Investment Grade Corporate Bond ETF, Agency Bond ETF, Government/Credit Bond ETF.

Outside of the iShares family, the most positively correlated other funds are SPDR - Nuveen Barclays California Municipal Bond, Vanguard Mutual Funds - New Jersey Long-Term Tax-Exempt Admiral Shares, Vanguard Mutual Funds - New Jersey Long-Term Tax-Exempt, Vanguard Mutual Funds - Massachusetts Tax-Exempt, Vanguard Mutual Funds - Long-Term Tax-Exempt.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to iShares's California AMT-Free Muni Bond ETF fund.
99.7% CXA SPDR Nuveen Barclays California Municipal Bond
99.7% VNJUX Vanguard Mutual Funds New Jersey Long-Term Tax-Exempt Admiral Shares
99.7% VNJTX Vanguard Mutual Funds New Jersey Long-Term Tax-Exempt
99.6% VMATX Vanguard Mutual Funds Massachusetts Tax-Exempt
99.6% VWLTX Vanguard Mutual Funds Long-Term Tax-Exempt
99.6% VWLUX Vanguard Mutual Funds Long-Term Tax-Exempt Admiral Shares
99.6% VPAIX Vanguard Mutual Funds Pennsylvania Long-Term Tax-Exempt
99.6% VOHIX Vanguard Mutual Funds Ohio Long-Term Tax-Exempt
99.6% VPALX Vanguard Mutual Funds Pennsylvania Long-Term Tax-Exempt Admiral Shares
99.6% VCAIX Vanguard Mutual Funds California Intermediate-Term Tax-Exempt
99.5% VCADX Vanguard Mutual Funds California Intermediate-Term Tax-Exempt Admiral Shares
99.5% VNYTX Vanguard Mutual Funds New York Long-Term Tax-Exempt
99.5% VNYUX Vanguard Mutual Funds New York Long-Term Tax-Exempt Admiral Shares
99.4% VCLAX Vanguard Mutual Funds California Long-Term Tax-Exempt Admiral Shares
99.4% VCITX Vanguard Mutual Funds California Long-Term Tax-Exempt
99.4% MUB iShares National AMT-Free Muni Bond ETF
99.4% VWIUX Vanguard Mutual Funds Intermediate-Term Tax-Exempt Admiral Shares
99.3% VWITX Vanguard Mutual Funds Intermediate-Term Tax-Exempt
99.3% NYF iShares New York AMT-Free Muni Bond ETF
99.3% TFI SPDR Nuveen Barclays Municipal Bond
99.2% VWALX Vanguard Mutual Funds High-Yield Tax-Exempt Admiral Shares
99.2% VWAHX Vanguard Mutual Funds High-Yield Tax-Exempt
99.2% INY SPDR Nuveen Barclays New York Municipal Bond
99.0% PWZ PowerShares Insured California Municipal Bond Portfolio
99.0% PZA PowerShares Insured National Municipal Bond Portfolio

Performance for the previous 2 years


Positively Correlated iShares ETFs
MUB iShares National AMT-Free Muni Bond ETF 99.4%
NYF iShares New York AMT-Free Muni Bond ETF 99.3%
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF 97.5%
AGZ iShares Agency Bond ETF 97.3%
GBF iShares Government/Credit Bond ETF 97.2%
Negatively Correlated iShares funds
ERUS iShares MSCI Russia Capped ETF -87.4%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -82.4%
QAT iShares MSCI Qatar Capped ETF -82.2%
CMDT iShares Commodity Optimized Trust -81.1%
EWZS iShares MSCI Brazil Small-Cap ETF -81.1%

Positively Correlated Non-iShares funds
CXA SPDR Nuveen Barclays California Municipal Bond 99.7%
VNJUX Vanguard Mutual Funds New Jersey Long-Term Tax-Exempt Admiral Shares 99.7%
VNJTX Vanguard Mutual Funds New Jersey Long-Term Tax-Exempt 99.7%
VMATX Vanguard Mutual Funds Massachusetts Tax-Exempt 99.6%
VWLTX Vanguard Mutual Funds Long-Term Tax-Exempt 99.6%
Negatively Correlated Non-iShares funds
QESP SPDR MSCI Spain Quality Mix -85.3%
RBL SPDR S&P Russia -84.6%
EDIV SPDR S&P Emerging Markets Dividend -79.6%
LALT PowerShares Multi-Strategy Alternative Portfolio -77.9%
QEMM SPDR MSCI Emerging Markets Quality Mix -76.4%

© 2016 SimilarStocks.com, All Rights Reserved