$1.14/ day, billed weekly
Cancel anytime

(Ad-Free, Unlimited access)

NO CREDIT CARD REQUIRED

Xtrackers California Municipal Bonds ETF (CA)

$24.53

Delayed price

Profit since last BUY-1.32%

SELL

SELL since 3 days

BUY Advisory
SELL Advisory (Profit)
SELL Advisory (Loss)

Profit
Loss
Pass (Skip investing)

Time period over

ALL
YEAR
MONTH
WEEK

Upturn Advisory Summary

03/27/2025: CA (1-star) is a SELL. SELL since 3 days. Profits (-1.32%). Updated daily EoD!

Upturn Star Rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF

Historic Profit -3.39%

Avg. Invested days 34

Today’s Advisory SELL

Upturn Star Rating

Upturn Advisory Performance

2.0

ETF Returns Performance

1.0

Profits based on simulation

Last Close 03/27/2025

Key Highlights

Volume (30-day avg) 2444	Beta -	52 Weeks Range 24.06 - 26.37	Updated Date 03/28/2025
52 Weeks Range 24.06 - 26.37	Updated Date 03/28/2025

Upturn AI SWOT

Xtrackers California Municipal Bonds ETF

ETF Overview

Overview

Xtrackers California Municipal Bonds ETF (CA) seeks to provide investment results that correspond generally to the performance, before fees and expenses, of the S&P California AMT-Free Municipal Bond Index. It focuses on investment-grade California municipal bonds, offering potential tax-exempt income for California residents.

Reputation and Reliability

DWS is a reputable global asset manager with a long track record in the ETF market.

Management Expertise

DWS has a dedicated team of fixed income professionals managing its municipal bond ETFs.

Investment Objective

Goal

To track the performance of the S&P California AMT-Free Municipal Bond Index.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, seeking to replicate the index by investing in a basket of California municipal bonds.

Composition Primarily holds California municipal bonds, with a focus on investment-grade securities.

Market Position

Market Share: The ETF's market share varies depending on the specific sub-segment of California municipal bond ETFs.

Total Net Assets (AUM): 344000000

Competitors

Key Competitors

VTEB
MUB
CMF

Competitive Landscape

The California municipal bond ETF market is competitive, with several large players. CA offers a specific focus on California, potentially appealing to state residents seeking tax benefits. VTEB and MUB are broad national municipal bond ETFs, and are generally cheaper.

Financial Performance

Historical Performance: Historical performance data should be sourced from financial data providers.

Benchmark Comparison: The ETF aims to closely track the S&P California AMT-Free Municipal Bond Index.

Expense Ratio: 0.23

Liquidity

Average Trading Volume

The average daily trading volume provides an indication of the ETF's liquidity; a higher volume suggests better liquidity.

Bid-Ask Spread

The bid-ask spread represents the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept, influencing trading costs.

Market Dynamics

Market Environment Factors

Interest rate changes, California's economic health, and investor sentiment towards municipal bonds influence CA's performance.

Growth Trajectory

Growth depends on California's economic conditions, municipal bond issuance, and demand for tax-exempt income.

Moat and Competitive Advantages

Competitive Edge

CA's competitive advantage lies in its focused exposure to California municipal bonds, offering tax-exempt income specifically for California residents. This specialization can be attractive to investors seeking geographically targeted tax benefits. Its expense ratio is somewhat higher than comparable national ETFs. However, the hyper-focus makes it desirable for some.

Risk Analysis

Volatility

Volatility is influenced by interest rate sensitivity and credit risk within the California municipal bond market.

Market Risk

Market risk includes interest rate risk (bond prices fall when rates rise) and credit risk (issuer default). California's economic health is a key factor.

Investor Profile

Ideal Investor Profile

California residents seeking tax-exempt income and diversification within their fixed income portfolio are ideal investors.

Market Risk

Suitable for long-term investors and passive index followers seeking tax-advantaged income.

Summary

Xtrackers California Municipal Bonds ETF provides targeted exposure to California municipal bonds, offering potential tax-exempt income for California residents. It tracks the S&P California AMT-Free Municipal Bond Index using a passive management strategy. The ETF's performance is influenced by interest rates and the financial health of California. While it offers a niche focus, its expense ratio is somewhat higher than some broader national municipal bond ETFs, and it trails significantly in AUM to other players in the market.

Similar Companies

CMF
VTEB
MUB
ITM
NBB
PZA

Sources and Disclaimers

Data Sources:

DWS website
ETF.com
Morningstar
Bloomberg

Disclaimers:

Investment involves risk, including the potential loss of principal. Past performance is not indicative of future results. Consult with a qualified financial advisor before making investment decisions.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Xtrackers California Municipal Bonds ETF

Exchange NASDAQ	Headquaters -
IPO Launch date -	CEO -
Sector -	Industry -	Full time employees -	Website
Full time employees -	Website

The underlying index tracks the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by the state of California and its political subdivisions. The fund will invest at least 80% of its total assets (but typically far more) in instruments that comprise the underlying index. The fund is non-diversified.

https://www.upturn.io

Disclosure Privacy Policy Terms of Use Sitemap Contact Us

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.