The Nuveen Barclays California Municipal Bond fund is an exchange traded fund (ETF) within the SPDR family. There are at least 25 funds that are incredibly highly correlated with CXA.

Within the SPDR family of funds, the most positively correlated other funds are Nuveen Barclays New York Municipal Bond, Nuveen Barclays Municipal Bond, Nuveen S&P High Yield Municipal Bond, Nuveen Barclays Build America Bond, Barclays Long Term Corporate Bond.

Outside of the SPDR family, the most positively correlated other funds are Vanguard Mutual Funds - New Jersey Long-Term Tax-Exempt, Vanguard Mutual Funds - New Jersey Long-Term Tax-Exempt Admiral Shares, iShares - California AMT-Free Muni Bond ETF, Vanguard Mutual Funds - Long-Term Tax-Exempt, Vanguard Mutual Funds - Long-Term Tax-Exempt Admiral Shares.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to SPDR's Nuveen Barclays California Municipal Bond fund.
99.8% VNJTX Vanguard Mutual Funds New Jersey Long-Term Tax-Exempt
99.7% VNJUX Vanguard Mutual Funds New Jersey Long-Term Tax-Exempt Admiral Shares
99.7% CMF iShares California AMT-Free Muni Bond ETF
99.7% VWLTX Vanguard Mutual Funds Long-Term Tax-Exempt
99.7% VWLUX Vanguard Mutual Funds Long-Term Tax-Exempt Admiral Shares
99.7% VMATX Vanguard Mutual Funds Massachusetts Tax-Exempt
99.7% VPAIX Vanguard Mutual Funds Pennsylvania Long-Term Tax-Exempt
99.6% VPALX Vanguard Mutual Funds Pennsylvania Long-Term Tax-Exempt Admiral Shares
99.6% VNYTX Vanguard Mutual Funds New York Long-Term Tax-Exempt
99.6% VOHIX Vanguard Mutual Funds Ohio Long-Term Tax-Exempt
99.6% VNYUX Vanguard Mutual Funds New York Long-Term Tax-Exempt Admiral Shares
99.6% VCAIX Vanguard Mutual Funds California Intermediate-Term Tax-Exempt
99.6% VCADX Vanguard Mutual Funds California Intermediate-Term Tax-Exempt Admiral Shares
99.5% MUB iShares National AMT-Free Muni Bond ETF
99.5% INY SPDR Nuveen Barclays New York Municipal Bond
99.5% VCITX Vanguard Mutual Funds California Long-Term Tax-Exempt
99.5% VCLAX Vanguard Mutual Funds California Long-Term Tax-Exempt Admiral Shares
99.5% VWALX Vanguard Mutual Funds High-Yield Tax-Exempt Admiral Shares
99.5% TFI SPDR Nuveen Barclays Municipal Bond
99.5% VWAHX Vanguard Mutual Funds High-Yield Tax-Exempt
99.4% NYF iShares New York AMT-Free Muni Bond ETF
99.4% VWITX Vanguard Mutual Funds Intermediate-Term Tax-Exempt
99.4% VWIUX Vanguard Mutual Funds Intermediate-Term Tax-Exempt Admiral Shares
99.4% PZA PowerShares Insured National Municipal Bond Portfolio
99.3% PWZ PowerShares Insured California Municipal Bond Portfolio

Performance for the previous 2 years


Positively Correlated SPDR ETFs
INY SPDR Nuveen Barclays New York Municipal Bond 99.5%
TFI SPDR Nuveen Barclays Municipal Bond 99.5%
HYMB SPDR Nuveen S&P High Yield Municipal Bond 99.0%
BABS SPDR Nuveen Barclays Build America Bond 98.6%
LWC SPDR Barclays Long Term Corporate Bond 97.2%
Negatively Correlated SPDR funds
QESP SPDR MSCI Spain Quality Mix -88.9%
RBL SPDR S&P Russia -83.7%
EDIV SPDR S&P Emerging Markets Dividend -79.4%
QEMM SPDR MSCI Emerging Markets Quality Mix -79.4%
GNR SPDR S&P Global Natural Resources -73.6%

Positively Correlated Non-SPDR funds
VNJTX Vanguard Mutual Funds New Jersey Long-Term Tax-Exempt 99.8%
VNJUX Vanguard Mutual Funds New Jersey Long-Term Tax-Exempt Admiral Shares 99.7%
CMF iShares California AMT-Free Muni Bond ETF 99.7%
VWLTX Vanguard Mutual Funds Long-Term Tax-Exempt 99.7%
VWLUX Vanguard Mutual Funds Long-Term Tax-Exempt Admiral Shares 99.7%
Negatively Correlated Non-SPDR funds
ERUS iShares MSCI Russia Capped ETF -86.4%
QAT iShares MSCI Qatar Capped ETF -85.5%
CMDT iShares Commodity Optimized Trust -83.2%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -81.5%
UAE iShares MSCI UAE Capped ETF -81.1%

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