Summary
CMF
Prices · period metrics · 12M
NAV as of 16/07/2026
02/04/2025 → 02/04/2026
Return 6.44% Volatility 4.51% Sharpe 0.07
Official loaded data — not a live quote.

ISHARES CALIFORNIA MUNI BOND ETF

Symbol: CMF

Exchange: NYSE

Sector: N/A

Category: Muni California Long

Inception date: 04/10/2007

Latest date: 16/07/2026

Current price: $57.12

Expense ratio: 0.08%

Assets under management
$4.5B
-0.10% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-0.24%

Ann. -19.52% (Sharpe / Sortino numerator)

Volatility

5.32%

Sharpe ratio

-4.349

VaR 95%

-0.75%

CVaR 95%: -0.82%
Max drawdown: -2.32%
Sortino ratio: -5.460
Calmar ratio: -8.42

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.39%

Ann. -2.82% (Sharpe / Sortino numerator)

Volatility

3.68%

Sharpe ratio

-1.756

VaR 95%

-0.44%

CVaR 95%: -0.66%
Max drawdown: -3.15%
Sortino ratio: -1.714
Calmar ratio: -0.90

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.19%

Ann. 1.93% (Sharpe / Sortino numerator)

Volatility

2.88%

Sharpe ratio

-0.590

VaR 95%

-0.22%

CVaR 95%: -0.51%
Max drawdown: -3.15%
Sortino ratio: -0.564
Calmar ratio: 0.61

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

6.44%

Ann. 3.93% (Sharpe / Sortino numerator)

Volatility

4.51%

Sharpe ratio

0.066

VaR 95%

-0.28%

CVaR 95%: -0.76%
Max drawdown: -3.84%
Sortino ratio: 0.058
Calmar ratio: 1.02

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

5.63%

Ann. 2.70% (Sharpe / Sortino numerator)

Volatility

4.18%

Sharpe ratio

-0.222

VaR 95%

-0.37%

CVaR 95%: -0.66%
Max drawdown: -5.22%
Sortino ratio: -0.234
Calmar ratio: 0.52

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

9.15%

Ann. 2.43% (Sharpe / Sortino numerator)

Volatility

4.20%

Sharpe ratio

-0.286

VaR 95%

-0.40%

CVaR 95%: -0.65%
Max drawdown: -5.76%
Sortino ratio: -0.336
Calmar ratio: 0.42

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 16/07/2025 - 16/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.025%

Best day

0.64%

01/08/2025
Worst day

-0.855%

20/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
16/07/2026 $57.18 $57.20 $57.06 $57.12 464,400
15/07/2026 $57.34 $57.35 $57.22 $57.25 411,300
14/07/2026 $57.35 $57.40 $57.32 $57.34 325,800
13/07/2026 $57.35 $57.38 $57.31 $57.33 348,500
10/07/2026 $57.33 $57.38 $57.32 $57.35 450,000
09/07/2026 $57.38 $57.43 $57.35 $57.36 363,400
08/07/2026 $57.35 $57.39 $57.32 $57.33 391,800
07/07/2026 $57.48 $57.52 $57.45 $57.48 480,000
06/07/2026 $57.56 $57.60 $57.53 $57.57 505,000
02/07/2026 $57.54 $57.60 $57.49 $57.58 397,000