ETF comparison
CMF vs SCMB
Both US Municipal Bond.
iShares California Muni Bond ETF · Schwab Municipal Bond ETF
Holdings overlap
467 positions appear in both funds. Buying equal dollars of CMF and SCMB would leave roughly 7.0% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SCMB is 5 bps cheaper than CMF. On a $100,000 position that's about $50/yr more in fees for CMF.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with CMF vs SCMB.
Top shared holdings
467 shared in total| # | Holding | In CMF | In SCMB | Overlap |
|---|---|---|---|---|
| 1 | Los Angeles Unified School District | 0.12% | 0.14% | 0.12% |
| 2 | State of California | 0.12% | 0.17% | 0.12% |
| 3 | University of California | 0.25% | 0.11% | 0.11% |
| 4 | State of California | 0.11% | 0.12% | 0.11% |
| 5 | City of Los Angeles Department of Airports | 0.10% | 0.12% | 0.10% |
| 6 | State of California | 0.29% | 0.10% | 0.10% |
| 7 | East Bay Municipal Utility District Water System | 0.12% | 0.09% | 0.09% |
| 8 | State of California | 0.13% | 0.09% | 0.09% |
| 9 | State of California | 0.13% | 0.09% | 0.09% |
| 10 | State of California | 0.08% | 0.13% | 0.08% |
| 11 | University of California | 0.15% | 0.08% | 0.08% |
| 12 | University of California | 0.07% | 0.07% | 0.07% |
Only in CMF
1,264 total- Orange County Water District 0.60%
- Anaheim Housing & Public Improvements Authority 0.49%
- University of California 0.45%
- Irvine Ranch Water District 0.43%
- San Mateo County Transit District Sales Tax 0.42%
- University of California 0.32%
- East Bay Municipal Utility District Water System Revenue 0.30%
- Bay Area Toll Authority 0.30%
- San Francisco City & County Public Utilities Commission Wastewater 0.26%
- University of California 0.26%
Only in SCMB
6,378 total- Commonwealth of Massachusetts 0.22%
- Gwinnett County School District 0.22%
- Commonwealth of Pennsylvania 0.21%
- City of New York NY 0.20%
- State of California Department of Water Resources 0.19%
- State of Washington 0.17%
- New York City Municipal Water Finance Authority 0.17%
- Northwest Independent School District 0.16%
- Commonwealth of Massachusetts 0.16%
- State of Washington 0.15%
Related comparisons
More comparisons with CMF
- CMF vs PZA · Invesco National AMT-Free Municipal Bond ETF 6.0%
- CMF vs SUB · iShares Short-Term National Muni Bond ETF 4.8%
- CMF vs ITM · VanEck Intermediate Muni ETF 3.3%
- CMF vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 2.0%
- CMF vs CGMU · Capital Group Municipal Income ETF 1.2%
- CMF vs JMUB · JPMorgan Municipal ETF 0.6%
More comparisons with SCMB
- SCMB vs NYF · iShares New York Muni Bond ETF 6.4%
- SCMB vs SUB · iShares Short-Term National Muni Bond ETF 6.0%
- SCMB vs ITM · VanEck Intermediate Muni ETF 3.8%
- SCMB vs JMUB · JPMorgan Municipal ETF 3.1%
- SCMB vs CGMU · Capital Group Municipal Income ETF 2.6%
- SCMB vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 2.1%
Percentages are holdings overlap with the named fund.
Open CMF or SCMB at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.